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Press Release

LikeLib2.0 Technical Features, Redefining Public Chain

Published

5 years ago

on

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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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

BABU88Sports Commemorates Pakistan Launch Through Strategic Cricket Partnerships

Published

42 minutes ago

on

January 19, 2026

By

Bangladesh, 19th Jan 2026 – BABU88Sports, a prominent sports platform in South Asia, has strengthened its presence in Pakistan by launching a dedicated PK directory on its official website, babu88sports.com. This new section delivers localized sports news, updates, and content tailored to the Pakistan market, marking an important step in the company’s expansion across the region.

Focus on Responsible Sports Engagement

As sports engagement continues to grow in South Asia, BABU88Sports remains committed to providing a secure and transparent experience for its users. The launch of the Pakistan-focused section is part of the company’s broader initiative to promote responsible consumption of sports content.

BABU88Sports offers several features to encourage healthy interaction with sports news and updates, including customizable content alerts, a user-friendly interface, and resources designed to support responsible engagement with sports-related media.

Benjamin Harris, BABU88Sports spokesperson, commented:
“Ensuring a responsible and enjoyable experience is at the heart of everything we do. As we expand into new markets like Pakistan, we aim to create a space where users can enjoy the latest sports news, highlights, and insights safely. Our goal is to offer a balance of excitement and peace of mind for all our visitors.”

Strong Sports Coverage and Growing Community

Over the years, BABU88Sports has built a strong reputation as a reliable sports content platform by consistently delivering timely updates, match highlights, and engaging sports coverage for fans across South Asia. The platform continues to focus on improving the user experience through quality reporting, relevant updates, and easy access to sports information.

Looking ahead, BABU88Sports remains committed to expanding its sports content offerings and strengthening its connection with fans through enhanced coverage and new features.

Future Growth in South Asia

With the launch of its Pakistan-focused section, BABU88Sports is further strengthening its position as a leading sports news portal in South Asia. Already catering to audiences in Bangladesh, India, and Nepal, the addition of Pakistan completes the company’s wider regional footprint, reaching a vast and passionate sports fanbase across the subcontinent.

About BABU88Sports

BABU88Sports is a sports news destination serving audiences across South Asia, including Bangladesh, India, Nepal, and Pakistan.

Founded in 2021, BABU88Sports has grown from a cricket-focused platform into a broader sports news portal. Offering timely updates, live coverage, and in-depth analysis, the platform is recognized for delivering accurate and engaging sports content. BABU88Sports remains dedicated to providing a secure and enjoyable experience for sports fans across South Asia..

Media Contact

Organization: Babu88Sports

Contact Person: Sachin

Website: https://babu88sports.com

Email: Send Email

Contact Number: +188-013-929-31554

Address:Dhaka, Bangladesh

Country:Bangladesh

Release id:40266

The post BABU88Sports Commemorates Pakistan Launch Through Strategic Cricket Partnerships 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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Press Release

South Korea’s Medical Tourism Hits Historic KRW 2 Trillion as K-Dermatology and Pharmacies Drive Growth

Published

42 minutes ago

on

January 19, 2026

By

kculture.com reveals a 65.3% year-over-year surge in spending, signaling a shift from invasive surgeries to premium dermatological wellness and “souvenir” pharmacy shopping.

Gyeonggi-do, South Korea, 19th Jan 2026 – A data analysis released today by kculture.com reveals that South Korea’s foreign medical tourism market has achieved a historic milestone, surpassing ₩2.08 trillion in total spending in 2025. This represents a staggering 65.3% year-over-year growth from ₩1.25 trillion in 2024, signaling a robust expansion and a structural transformation of the industry.

2024 vs. 2025 Foreign Medical Tourism Spending Scale.png

The study, conducted using Korea Tourism Organization (KTO) Data Lab records, underscores a fundamental shift in the “K-Medical” landscape—moving from invasive, high-cost surgeries to high-frequency, premium dermatological procedures.

2025 Foreign Medical Spending Share (By Department).jpg

Strategic Insight: The ‘Won-Low’ Advantage 

According to the kculture.com report, the 2025 boom was significantly propelled by the favorable exchange rate. The relative weakness of the Korean Won effectively lowered the entry barrier for high-end medical services, allowing international patients to access world-class treatments at a more competitive price point. 

 Premiumization: While medical consumption cases grew by 48.9%, total spending outpaced this at 65.3%. 

 Value Increase: Average spending per visit rose by 11.01%, from ₩450,857 to ₩500,495.

2025 Foreign Medical Visit Share (By Department).jpg

Dominance of Dermatology and Pharmacy Shopping 

Dermatology has emerged as the market’s undisputed engine, accounting for 57.35% of total spending in 2025. Simultaneously, pharmacies accounted for 59.11% of all medical visits. This data suggests a new trend where foreigners perceive Korean pharmacies as essential retail destinations for medical skincare, “souvenir-izing” medical care into their travel itineraries.

2024 vs. 2025 Monthly Foreign Medical Spending Trend.png

Seasonal Integration: The Winter ‘Glow-Up’ Trend 

Monthly spending in December 2025 hit an all-time high of ₩244.3 billion, nearly doubling the 2024 peak. This reflects a shift where travelers utilize year-end holidays for “lunchtime procedures” that require minimal downtime.

“This ₩2 trillion milestone confirms that South Korea has successfully transitioned into a global daily wellness and beauty powerhouse,” said Gi Oh, Founder and CEO of kculture.com.

About kculture.com 

KCulture.com is a global platform providing expert analysis, cultural commentary, and professional travel guides dedicated to the South Korean experience.

Learn more at : https://kculture.com

Media Contact

Organization: KCulture.com

Contact Person: Gi Oh, Founder & CEO

Website: https://kculture.com

Email: Send Email

City: Gyeonggi-do

Country:South Korea

Release id:40271

The post South Korea’s Medical Tourism Hits Historic KRW 2 Trillion as K-Dermatology and Pharmacies Drive Growth 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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Press Release

SRQCGX Plans to Expand Local Teams Across South America

Published

56 minutes ago

on

January 19, 2026

By

Australia, 19th Jan 2026 – SRQCGX announced plans to further strengthen its presence in South America by recruiting additional local team members across key regional markets. The initiative is part of SRQCGX’s broader strategy to deepen regional engagement and support long-term growth through localized operations.

South America continues to emerge as an important market for digital asset adoption, driven by increasing user participation and growing interest in diversified financial services. SRQCGX believes that building strong local teams is essential to understanding regional market dynamics, user needs, and operational requirements.

Under this plan, SRQCGX intends to hire talent across multiple functions, including market development, customer support, operations, and local partnerships. By expanding its on-the-ground presence, the company aims to improve communication efficiency, enhance service responsiveness, and support more tailored market strategies.

SRQCGX places strong emphasis on local expertise and cultural understanding. The company believes that local teams play a critical role in building trust, fostering long-term relationships, and ensuring that platform initiatives align with regional expectations and usage patterns.

In addition to recruitment, SRQCGX plans to invest in training and internal development programs to support team integration and professional growth. These efforts are intended to ensure that local staff are aligned with SRQCGX’s operational standards, platform capabilities, and long-term objectives.

The expansion of South American teams is designed to complement SRQCGX’s existing global structure. By combining centralized technical and operational resources with strong local execution, SRQCGX aims to create a more balanced and scalable regional operating model.

Looking ahead, SRQCGX views South America as a key component of its global roadmap. Through continued investment in local talent and regional capabilities, SRQCGX aims to build a sustainable and adaptable presence that supports long-term market development.

About Us

SRQCGX is a digital asset trading platform committed to providing users with a secure, efficient, and transparent trading environment. The platform offers a range of trading services for both individual and professional market participants. Focused on responsible growth and localization, SRQCGX continues to expand its global footprint while strengthening regional teams and operational capabilities.

Media Contact

Organization: SRQCGX PTY LTD

Contact Person: Lena raine

Website: https://www.srqcgx.com/

Email: Send Email

Country:Australia

Release id:40282

The post SRQCGX Plans to Expand Local Teams Across South America 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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