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LikeLib2.0 Technical Features, Redefining Public Chain

Published

6 years ago

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Based on the country’s strategy to promote the development of blockchain, we focus on the core issues of blockchain applications in various fields, take typical blockchain applications as an important breakthrough, promote breakthroughs in key application technologies of blockchain, and study blockchain service architecture, data Key technologies such as access technology, hybrid storage, data source, cross-chain and sharding, blockchain and IoT intelligent system integration, and develop a basic platform for blockchain services, in blockchain education and training, e-government, supply chain, and carry out application demonstrations in key areas such as finance to open up the innovation chain, application chain and value chain, thus providing common and secure blockchain basic support capabilities.

Recently the technical features of LikeLib2.0 public chain system are announced through the media.

LikeLib2.0 provides a secure and stable blockchain service basic platform, covering more than 3 core modules with independent intellectual property rights, such as data connection, hybrid storage, and cross-chain technology, which is able to quickly build solutions for typical application scenarios.

Compared with LikeLib1.0, LikeLib2.0 has a higher level of improvement in core technology architecture, and the transaction speed is about 10000TPS.

The newly released 2.0 system will not only merge transaction program fees, but also copy forks of the blockchain and increase the volume of transfer transactions. The average transaction value can be distributed among the running nodes.

In addition, there have been steady improvements in supporting smart contracts, exchangeable consensus mechanisms, and various storage networks. It can replace the blockchain consensus mechanism and the basic IPFS distributed storage network according to different factors (such as transaction volume), which can store a large amount of data outside the chain.

LikeLib2.0 uses database fragmentation technology. Within the database of LikeLib2.0 public chain system, only a small part of the input transactions need to be processed, and a large amount of verification work can be completed through other conventional parallel processing on the network.

Here, BTC and LikeLib seem to be merchants from two countries. The two parties cannot trust each other and use different currencies, so they cannot directly trade.

Therefore, the two parties negotiated a set of rules (equivalent to a relay chain protocol) and established a special trading venue to handle transactions, jointly managed by large merchants (equivalent to gateways) in their own country as representatives. These large merchants also need to have a sufficient amount of assets as security.

The whole process is called a cross-chain bridge, which has technical advantages such as multi-signature technology/ring signature technology/hash locking.

LikeLib2.0 uses Lightning Network transactions and zero configuration transaction channels.

Both parties transfer funds to a common payment channel and conduct transactions by transferring funds from one end to the other. The existing hosting solutions on the Lightning Network only manage their users’ funds on one or a few, and they will not use one channel with each user. Instead, an internal private ledger is kept to record when the funds belong to the user.

Therefore, users do not have to wait for the payment channel to be broadcast to the chain. The result is a decentralized network of custodians, with each custodian running a centralized subnet with users.

Earlier we mentioned the ring signature technology in the LikeLib2.0 cross-chain bridge. The ring signature is named because a certain parameter implicit in the signature is composed according to certain rules. However, many schemes proposed later do not require the structure of the signature to be a ring, as long as the formation of the signature satisfies the spontaneity, anonymity and group characteristics, and it is also called a ring signature.

In fact, the security of the ring signature technology scheme is quite high, such as: unconditional anonymity, unforgeability, unconditional anonymity of the signer, and the signer can freely specify his own anonymity range, forming a beautiful ring logic structure, which can realize group signatures The main function of but does not require trusted third parties or group administrators.

Ring signature is a special group signature. There is no trusted center and no group establishment process. For the verifier, the signer is completely anonymous.

In terms of zero-knowledge proofs, in theory, it is possible to prove something to everyone else without exposing anything significant, and the volume of the generated proof is small, the proof cost is very low, and it has nothing to do with the amount of calculation that needs to be proved.

LikeLib2.0 uses the generation algorithm (G) to generate public parameters for the proposition, the proof algorithm (P) to generate the proof of the satisfiability of R1CS, and the verification algorithm (V) to verify the proof and other technical methods and means to finally generate the proof. It can be proved that there is a secret value reset equation satisfied without revealing the secret.

Data traceability, from the perspective of application, focuses on the process and method of tracking.

The “decentralized and distributed” technology of LikeLib2.0 records all information publicly on the “public ledger”, and can only be entered and cannot be modified. Due to the feature of multiple parties jointly maintaining the simultaneous ledger, the traditional information island problem is broken and decentralized management is realized.

In this open distributed accounting system, the blockchain provides users with openness and consensus; decentralized and transparent transactions and anonymity for both parties.

The data traceability annotation is a technique for tracing the source, reproduce the historical state and evolution process of the data according to the trace path, and realize the redirection of the historical data archives.

The World Wide Web has continued to iterate for thirty years before it has today’s prosperity and “Internet +”. If we still have confidence in the blockchain in 2020, perhaps we should give it more time. Obviously, the LikeLib2.0 public chain system has given the blockchain industry a gratifying answer in 2020.

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Press Release

IR-MED and Dice Technologies Announce collaboration to Evaluate and Advance Pressure-Injury Prevention Platform in Japan

Published

21 minutes ago

on

September 16, 2026

By

Rosh Pinna, Israel, September 16th, 2026, FinanceWire

  • Letter of Intent (“LOI”) signed to cooperate in the evaluation, research support, localization, commercialization preparation and regulatory preparation of the PressureSafe™ medical device in Japan.
  • Collaboration addresses a significant potential market need in Japan, which includes more than 36 million people aged 65 and older and approximately 8,000 hospitals, 13,600 long-term care facilities, and 16,000+ home-visit nursing stations.
  • Strategic collaboration combines IR-MED’s infrared spectroscopy technology and proprietary algorithm with Dice Technologies’ capabilities in coordinating clinical evaluation, localization and regulatory preparation activities in Japan.
  • Clinical research and evidence-generation activities are expected to include cooperation with the Department of Plastic Surgery at Kobe University, subject to required ethics review, institutional approvals and separate written arrangements.

IR-MED Ltd. (OTC: IRME) (the “Company” or “IR-Med”), developer of infrared spectroscopy-based medical device technology,, and Dice Technologies Co., Ltd., a leading Japanese healthcare digital transformation and medical IT provider, today announced the signing of a LOI. The LOI sets forth a framework for the parties to cooperate in the evaluation, research support, localization, commercialization preparation and regulatory preparation of IR-MED’s PressureSafe™ device for the Japanese market. Except for certain provisions relating to confidentiality and data protection, intellectual property rights, and device management, return and disposal, the LOI is not intended to create legally binding obligations between the parties.

Ultimately, the partnership is driven by a shared, transformative vision: Build pressure-injury prevention platform — device, AI, and EHR systems unified across hospitals, LTC, and home care nation wide

The parties intend to evaluate PressureSafe™ for use in hospitals, long-term care facilities and home healthcare settings in Japan, with a focus on supporting the assessment of early signs of pressure injuries.

PressureSafe™ is a medical device that uses infrared technology to support the assessment of early changes associated with pressure injuries and skin conditions. It provides real-time, on-site, non-thermal and blood-flow-related indicators intended to support, and not replace, the clinical judgment of nurses and physicians. PressureSafe™ combines infrared spectroscopy with a proprietary algorithm and is intended to support the assessment of early signs of pressure injuries.

Market Need in Japan

Japan is facing an unprecedented demographic and systemic challenge. With an aging population of 36.19 million individuals aged 65 and older (29.4% of the total population), national care expenditures have reached a record ¥11.94 trillion. Concurrently, the healthcare sector is bracing for a projected shortage of hundreds of thousands of nurses and approximately 300,000 care workers.

This convergence of an aging population and severe workforce shortages has driven a significant increase in the prevalence of pressure injuries—particularly in the rapidly growing home care sector, which reports a 1.93% prevalence rate. To address this, Japan requires scalable, technology-assisted care solutions across its approximately 8,000 hospitals (1.2 million beds), 13,600 long-term care facilities (1.0 million residents), and 18,042 home-visit nursing agencies.

A complementary Strategic Synergy

The collaboration between IR-MED and Dice Technologies represents a highly complementary alignment of technological innovation and domestic operational mastery.

  • The Technology & Science Engine (IR-MED): IR-MED brings its proprietary PressureSafe™ sensors, predictive AI algorithms, and a foundation of global clinical data. The technology addresses the crucial “Layer 1” of early risk assessment—sub-epidermal tissue health—providing objective metrics to a field that has historically relied on subjective visual observation.
  • The Domestic Commercial & Integration Leader (Dice Technologies): Dice Technologies will lead and coordinate the evaluation program in Japan. Leveraging an established nationwide footprint serving over 1,000 clinics well-distributed across Japan, Dice Technologies will support Pharmaceuticals and Medical Devices Agency (“PMDA”) consultation preparation and regulatory communications in Japan.. Crucially, Dice Technologies bridges the gap between device and daily workflow by integrating PressureSafe™ data into its existing CareNest platform and domestic Electronic Health Records (“EHR” ), creating a seamless data flow from the hospital to the patient’s home.

Phased Rollout and Clinical Validation

The partnership will execute a highly structured, reverse L-shaped Go-to-Market strategy. The initial phase will focus on real-world evaluations in long-term care (“LTC”) and home-visit settings to generate clinical utility data and user feedback.

Simultaneously, the partners will advance rigorous clinical research and PMDA consultation to support the regulatory pathway for PressureSafe™ in Japan. This validation process will be bolstered by anticipated cooperation with Japanese clinical leaders, including the Department of Plastic and Reconstructive Surgery at Kobe University, subject to required ethics review, institutional approvals and separate written arrangements.

Executive Commentary

Ken Ishiga, President and Representative Director of Dice Technologies Co., Ltd., stated, “Japan’s care crisis cannot be solved with isolated tools. We must unify prevention, observation, and discharge support. By combining IR-MED’s extraordinary ‘sensing the invisible’ technology with our EHR integrations and CareNest platform, we are delivering on our shared vision to build a continuous, patient-centered care infrastructure that supports our overstretched healthcare workforce over the long term.”

“Entering the Japanese market requires more than just groundbreaking technology; it requires a deep integration into the local care ecosystem. In Dice Technologies, we have found the perfect partner,” said Dr. Yaniv Cohen, Interim CEO and Chief Scientific Officer of IR-MED. “Their expertise in medical IT, their impressive footprint serving over 1,000 care facilities, and their ability to navigate PMDA regulations make them the ideal catalyst for PressureSafe™. Together, we are not just evaluating a device; we are working toward a new national standard for objective, preventive care.”

About IR-MED Ltd.

IR-MED Ltd. is developing a cutting-edge infrared spectroscopy and AI analysis platform technology as a basis for point-of-care decision support devices. The infrared spectroscopy technology allows harmless and non-invasive gathering of bio-information from patient blood and tissue. That data is then processed by the Company’s AI-based system to provide healthcare professionals with decision support in the assessment of various medical conditions. PressureSafe™, the Company’s lead platform product, is a handheld device designed to revolutionize the assessment of pressure injuries (PI) affecting skin and underlying tissue regardless of patient skin tone. IR-MED holds patents protecting its innovations in non-invasive tissue assessment.

For more information, visit: https://www.ir-medical.com/

About Dice Technologies Co., Ltd.

Based in Osaka, Japan, Dice Technologies Co., Ltd. specializes in comprehensive digital solutions optimized for clinics, hospitals, and welfare facilities. Backed by a strong national footprint encompassing over 1,000 clinics well-distributed across Japan, the company streamlines healthcare workflows through advanced medical IT systems, seamless electronic medical record (EMR) migrations, medical device distribution, and innovative home assessment applications. Dice Technologies leverages technology and community partnership to reduce operational burdens and build a sustainable healthcare future.

For more information, visit: https://d-technologies.co.jp/

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Statements that are not statements of historical fact, including statements regarding the timing and success of the strategic partnership, the activities contemplated by the LOI, the clinical evaluation results, PMDA regulatory consultations and classification, and commercial acceptance of PressureSafe™ in Japan, are forward-looking statements. These statements are based on management’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially, including regulatory delays, the non-binding nature of most provisions of the LOI, clinical trial outcomes, competition, and general economic conditions. IR-MED undertakes no obligation to publicly update or revise any forward-looking statements.

Sources:

Statistics Bureau of Japan, Statistical Topics No.146 (published 14 Sep 2025) / MHLW, “Japan’s Population” / MHLW, Report on the Status of Long-Term Care Insurance (Nov 2024) / MHLW, Survey of Long-Term Care Benefit Expenditures FY2024 (published 30 Sep 2025) / MHLW, Survey of Institutions and Establishments for Long-Term Care 2024 (published Dec 2025) / MHLW, Survey of Medical Institutions and Hospital Report 2024 (published 26 Sep 2025; confirmed figures as of 1 Oct 2024)

Investor & Media Contacts:

IR-MED Ltd. Investor Relations Email: contact@ir-medical.com

Website: https://www.ir-medical.com/

Dice Technologies Co., Ltd.

Website: https://d-technologies.co.jp

Contact

IR-MED Ltd. Investor Relations
contact@ir-medical.com

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Press Release

Where Malaysia’s AI Decisions Get Made – World AI Show 2026 Delivers on Its Promise

Published

21 minutes ago

on

September 16, 2026

By

Kuala Lumpur, Malaysia, 17th September 2026, ZEX PR WIRE — The 48th Global Edition of World AI Show- Malaysia concluded successfully at DoubleTree by Hilton Kuala Lumpur, bringing together 1500+ business & tech leaders AI decision makers, policymakers, C-suite executives, infrastructure leaders, technology pioneers, and enterprise leaders for two days of high-impact discussions, strategic networking, and business collaboration.

Organised by Trescon, the summit reinforced Malaysia’s growing position as a strategic AI hub in ASEAN, connecting global technology innovators with enterprises and government stakeholders driving the country’s digital transformation.

Positioned as a platform where Malaysia’s AI decisions get made, World AI Show Malaysia 2026 brought together leaders shaping the country’s AI ecosystem, spanning government agencies, GLCs, multinational enterprises, technology providers, and enterprise buyers. The summit focused on translating Malaysia’s AI ambitions into practical strategies for enterprise adoption, infrastructure development, cybersecurity, responsible AI, and long-term digital competitiveness.

Across keynote addresses, fireside chats, panel discussions, and executive networking sessions, the summit explored the technologies, policies, and partnerships shaping Malaysia’s AI future. Discussions covered AI infrastructure, sovereign cloud, data foundations, enterprise AI deployment, AI in government and GLCs, cybersecurity, AI governance, responsible AI, generative AI, and AI-powered business transformation.

The event featured an extensive lineup of government representatives, global and regional technology leaders, enterprise decision-makers, and AI innovators who shared practical insights on moving beyond AI experimentation towards scalable and measurable business outcomes. Conversations highlighted the importance of secure infrastructure, trusted data, responsible governance, talent development, and strong public-private collaboration in accelerating AI adoption across Malaysia and the wider ASEAN region.

The event was officially opened by our Guest of Honour, YBhg. Datuk Fabian Bigar, Secretary-General of the Ministry of Digital, delivered the Official Opening Address and set the stage for two days of high-level dialogue and collaboration.

The stage commanded a formidable line-up of voices from Malaysia’s government, financial services, technology, energy, telecommunications, retail, manufacturing and other key sectors, including:

  • Sr Jamie Tan – Managing Director, JLL Malaysia

  • Budiman Bujang – Deputy Chief Digital Officer, Johor Corporation

  • TS Jackson Raao – Principal Assistant Secretary, Ministry of Science, Technology and Innovation

  • Ganeshbabu Nagarajan – Executive Director – Transformation Programmes, Standard Chartered Bank

  • Chuan Boon Loo, Chief Operating Officer, Selangor Information Technology & Digital Economy Corporation

  • Najib Masdan – Senior Vice President, Digital & Technology, Khazanah Nasional Berhad

  • Victor Khor Eng Swee – Director of Business Technology Department, Bank Negara Malaysia

  • Azlina Binti Ab Aziz – Principal Assistant Director, National Cyber Security Agency (NACSA)

  • Mohd Shahril Bin Kamaruzzaman, Head of Technology, Engineering and Data, Bank Islam

  • Chua Yong Howe – Chief Digital Officer, UEM Edgenta

  • Keeratpal Singh – Chief AI and Data Officer (APAC Financial Services), Worldline

  • Sadesh Manikam – Executive Vice President, Enterprise Data Office & DPO, Bursa Malaysia

  • Zairil Anuar Ahmad – Chief Technology Officer, Co-opbank Pertama

  • Ahmad Faiz – Head – Data & AI, Global Technology Unit, BASF

  • Raunak Mehta – Chief Executive Officer, Igloo

  • Mohd Hanapi Bisri – Senior Digital Industry Leader – Oil & Gas

  • Ong Hong Hoe – Director of Digital and Technology, Labuan Financial Services Authority

  • Narayanan Chidambaram – Head Project Engineering Pod, Digital Project Management, PETRONAS

  • Sudeep Srivastava – Head – Kuala Lumpur IT Center, SLB

  • Dario Bianchi – Chief Product Officer, Mind Valley

  • G Saravanan – Chief Information Officer, National Cancer Society Malaysia

  • Dr Ahmad Khalid Khairi – Chief Technology and Innovation Officer, UZMA BERHAD

  • Manminder Kaur Dhillon – CEO & Founder, Supernewsroom.ai

  • Sabrina Yap – Head of Digital Transformation, Mr DIY International

  • Low Ngai Yuen – Managing Director, AEON360

  • Alex Yap Chun Kiat – Head of Data Engineering, CelcomDigi

  • Effendy Zulkifly – Chief Digital Officer, YAPEIM HOLDING

  • Murugason R Thangaratnam – Digital Expert Panel, Malaysia Digital Economy Corporation (MDEC)

  • Ramana Ramakrishna – Head, Cybersecurity & Programme Delivery, Gamuda DNeX Cloud

  • Dr Chua Wen-Shyan – Head of Malaysian Smart Factory 4.0, Selangor Human Resource Development Centre

  • Goh Ser Yoong – Chief Information Security Officer, Ryt Bank

  • Alex P’ng – Chief Technology Officer, MYNEWS RETAIL SDN. BHD.

  • Rainer Althoff, Strategic Advisor, MyIoTA Malaysia

  • Azrul Zafri Azmi, Deputy President | Chairman, Malaysia Cyber Consumer Association (MCCA) | Youth Council of DPMM

  • Sahaj Kothari, Partner, Capzara Capital

  • Matt Moore, Principal Observability Strategist, Datadog

  • Eric Liew, Regional Sales Director, ASEAN, Blaize

  • Retainna Lin, Vice President, Bitdeer AI

  • Mohammed Ashwaq Khan, Strategic Solutions Architect, JumpCloud

  • Grace Zhang, Founder and CEO, Trustharbor

The summit also provided a highly curated environment for senior decision-makers to connect with technology providers, investors, startups, government stakeholders, and industry peers. Through executive networking sessions, closed-door discussions, business meetings, and curated interactions, participants explored new partnerships, technology opportunities, investment prospects, and cross-border collaborations.

The event came at a pivotal time for Malaysia as the country continues to strengthen its digital infrastructure, expand AI capabilities, develop sovereign technology ecosystems, and advance its broader AI Nation 2030 ambitions. Discussions at the summit highlighted Malaysia’s opportunity to leverage AI not only as a technology enabler but also as a catalyst for economic growth, national resilience, enterprise competitiveness, and regional leadership.

The 48th Global Edition was supported by a distinguished ecosystem of technology and industry partners. The summit was powered by Lead Sponsor Datadog; Platinum Sponsor Magure; Gold Sponsors Bitdeer AI, Blaize, Nokia, Primary Guard, JumpCloud, Sangfor Technologies and OGX Networks Sdn Bhd; alongside CXO Boardroom Partners Datadog and Zoom. The event also featured Bronze Sponsors Alibaba Cloud and Unison, with exhibitors including Cloudspace, Agora, OpenGreet.ai, Accomy, and other AI solution providers showcasing next-generation enterprise technologies.

The event’s ecosystem was further strengthened through strategic support from CyberSecurity Malaysia, Invest Penang, and Sidec, alongside association partners including AMCHAM Malaysia, Malaysia-India Business Council (MIBC), The AI Collective Kuala Lumpur, MY IOTA, MAAI, and BeLuxCham Malaysia.

With its successful conclusion, World AI Show Malaysia 2026 further strengthened its position as a platform connecting Malaysia’s rapidly evolving AI ecosystem with global technology leaders, enabling knowledge exchange, strategic collaboration, and enterprise innovation across the region.

About World AI Show

World AI Show is Trescon’s globally recognised, business-focused AI summit series connecting governments, enterprises, investors, startups, researchers, and technology leaders across Asia, the Middle East, Europe, and Africa. The platform is dedicated to accelerating AI adoption through thought leadership, strategic partnerships, enterprise innovation, and real-world implementation, bringing together the leaders defining the future of artificial intelligence across global markets.

For sponsorship & partnership opportunities at the upcoming World AI Show in Malaysia, please contact Shrikanth Prabhu, Commercial Director, at prabhu@tresconglobal.com.

Media Contact

Reeha Haris
PR & Media Executive
E: reeha@tresconglobal.com

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Press Release

Dominican Republic’s Permitting Overhaul Drives 157% Gain in Construction Investment

Published

51 minutes ago

on

September 16, 2026

By

By operationalizing the model set out in former tech executive Rainier Mallol’s paper “The Operative Republic,” the Ministry of Housing issued 85% more licenses in the first half of 2026

Dominican Republic, 16th Sep 2026 —The Dominican Republic recorded a 157% increase in private housing investment in the first half of 2026, driven in part by a rebuilt construction permitting process. Permits rose 85%, translating into RD$3,301.91 million (USD $5.6 billion) in additional construction investment. The gains follow reforms led by Rainier Mallol, then Director of Digital Transformation at the Ministry of Housing, who rebuilt permitting around the principles set out in his paper The Operative Republic: shared digital public infrastructure spanning identity, workflows, rules, registries, payments, and audit trails, rather than isolated digital procedures bolted onto existing bureaucracy. 

“We matched all of last year’s licensing output in seven months, with more technical rigor, since controls that used to depend on the reviewer are now enforced by the system,” Mallol said. The approach was adopted as the technology base of the Construction Permits Modernization Plan. The Central Bank of the Dominican Republic now ranks construction as the fastest-growing sector this year, up 14.9% in June, citing faster approval of new works among the drivers. In fact, construction has become the Dominican Republic’s fastest-growing sector as tech-driven permitting reform adds $5.6 billion.

The Minister of Housing has since been appointed Minister of Foreign Affairs, with Mallol serving as his senior advisor. He is now applying the same operating model to consular services and diplomatic case management. “The same digital public infrastructure we built in housing will be used in consular services and diplomatic relationship management,” Mallol said. “We are turning theory into practice, affecting GDP and public satisfaction with government. These ideas are replicable across departments.” 

Mallol’s background spans government modernization, public-sector data systems, COVID-19 technology response, digital infrastructure, and international public-service technology work, including emerging-technology ventures. He has held senior government technology roles, led 60-person and 28-person technology teams across the private and public sectors, and negotiated multi-million-dollar infrastructure budgets for nationwide software systems and cross-ministerial data integrations. He has spoken on technology policy in Japan, Malaysia, Panama, the U.S., the UAE, Chile, and the Dominican Republic, and holds a Master’s in Public Administration in International Development from Harvard University.

Media Contact

Organization: Rainier Mallol

Contact Person: Rainier Mallol

Website: https://mivhed-d3d6cbe224-f6c9b4hxg0aggchs.a01.azurefd.net/catalogo-de-servicios/direcciones/direccion-de-tramitacion-tasacion-y-licencias/vision-paper/

Email: Send Email

Contact Number: +18295429555

Country: Dominican Republic

Release id: 49184

The post Dominican Republic’s Permitting Overhaul Drives 157% Gain in Construction Investment appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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