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Lumino Ceremony: Building the Privacy Protection Infrastructure

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PlatON, a privacy AI computing network which is committed to building a decentralized collaborative artificial intelligence network and global brain, is promoting the democratization of artificial intelligence and establishing a secure general artificial intelligence. The bottom layer of its decentralized privacy protection infrastructure is based on Zero-Knowledge Proof.

What is Zero-Knowledge Proof

Zero-Knowledge Proof is a cryptographic technology to realize privacy protection authentication. The prover needs to make the verifier believe that he knows or owns a message, without disclosing any information about message which is to be confirmed. For example, if the prover wants to prove that he knows the safe box password without revealing it, he can just show some items existing in the safe box that everyone knows.

This process is Zero-Knowledge Proof. The proof needs an initial credible setting (some items existing in the safe box that everyone knows), namely a series of public parameters to help the prover build Zero-Knowledge Proof.

Deficiency of Zero-Knowledge Proof

As a cryptographic technology with both privacy protection and authentication capability, zero-knowledge proof is widely used to realize transaction verification under hidden business details in blockchain. The zero-knowledge proof system applied in the blockchain field is mainly a cryptographic algorithm called “zk-SNARKs”. At present, the existing classic zk-SNARKs algorithms include  GGPR13, PGHR13, Groth16, GM17, and new generation algorithms such as Sonic, Marlin, Plonk, which support updating public parameters. The current version of ZCash, a well-known private cryptographic currency, uses Groth16 algorithm.

From the above “safe box”, we can see that the premise for the correct operation of this kind of algorithm is existing a series of random trusted parameters. However, randomized parameters will not come out of thin air and there is no trusted third party in the blockchain. Parameters created by centralized third parties can be reconstructed in theory, and it is possible to forge proofs, which may destroy the underlying security in PlatON. Imagine that if a specific institution informed the verifier of the storage of the items in the safe box, the institution and the prover could collude and use this secret information to falsify the illusion that the prover knew the safe box password.

Therefore, it is an undoubtedly excellent idea to organize multiple participants to create these randomized parameters through Secure Multi-party Computation. In this process, single party can not reconstruct the parameters any more. Only when this activity is completed safely will the subsequent decentralized application be safe. In fact, ZCash has successfully created system parameters for Groth16 algorithm in November 2017 through its ceremony, Power of Tau.

Lumino, creating secure parameters

In order to prevent the parameters generated by the centralized mode from affecting the underlying security, PlatON started the Secure Multi-party Computation ceremony Lumino on June 21, 2021, last for   60 days. This ceremony is expected to create necessary secure parameters for the Zero-Knowledge Proof protocol.

During the Lumino ceremony, multiple participants carry out several rounds of calculation in the form of a relay, that is to say, the current participant need to use the calculation results of the previous participant as the input of this round, and the calculation output become the calculation input of the next participant as well. After a certain number of rounds, the output of the last participant is the final result of the whole ceremony, namely the system initialization parameters that Plonk thatalgorithm of PlatON will choose. Obviously, the more participants take part in the ceremony, the safer the parameters will be.

As a practical and efficient Zero-Knowledge Proof algorithm, Plonk is commonly used in PlatON projects and communities, which is characterized by a one-time initialization process, that is, running once can be used to deploy multiple applications. Providing necessary initialization parameters for Plonk algorithm through Lumino ceremony means that no one can master the secret information behind the parameters, which can be used to cheat players in the whole system. Lumino ceremony will lay a solid foundation for the security of PlatON.

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PineX Capital Launches MetaTrader 5 as Prop Firm Expands Trading Platform Offering

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Dubai, UAE, September 1st, 2026, FinanceWire

The growing prop firm has added MetaTrader 5 to its platform offering, giving its international trader community more choice in how they trade.

PineX Capital has announced the launch of MetaTrader 5 (MT5), expanding the trading platform options available across its prop trading programmes.

The introduction of MT5 marks the latest stage in PineX Capital’s growth, with more than 20,000 traders now using the firm’s simulated trading programmes.

MetaTrader 5 is one of the most widely recognised platforms in the trading industry, offering advanced charting, technical analysis tools and a familiar environment for experienced forex and CFD traders.

For PineX, introducing MT5 gives traders greater choice over the technology they use when completing an evaluation and managing a PineX Trader Account.

Arlind I, CEO of PineX Capital, said: “Many experienced traders have spent years using MetaTrader and have built their trading routines around the platform. Adding MT5 gives those traders the opportunity to use PineX without moving away from a trading environment they already know. It’s an important addition for us as we continue to grow internationally.”

PineX Continues to Expand Its Prop Trading Offering

The MT5 launch comes as PineX continues to develop its range of programmes and features for prop traders.

The firm currently offers 1-Step and 2-Step Challenges alongside Instant Funding and Pay Later programmes, with available account sizes ranging from $5,000 to $300,000 depending on the programme selected.

Eligible traders can also progress through PineX’s Scaling System, which provides the opportunity to scale simulated trading capital up to $2 million.

PineX provides simulated trading across a range of markets, including forex alongside CFDs covering indices, metals, commodities, stocks and cryptocurrencies.

Manual trading approaches including day trading, swing trading and scalping are permitted, subject to the rules of the individual programme.

The addition of MT5 forms part of PineX Capital’s wider international growth as the firm continues to expand beyond its established presence in German-speaking markets.

Arlind continued: “Different traders want different things from a prop firm. That applies to the programme they choose, the account size they start with and the platform they prefer to trade on. Our focus is on continuing to give traders more choice while maintaining clear trading rules and opportunities to scale.”

All PineX Trader Accounts operate within a simulated trading environment, with no actual orders executed in financial markets.

MetaTrader 5 is now available to eligible PineX Capital traders, subject to programme rules and geographic restrictions.

About PineX Capital

PineX Capital is a proprietary trading firm providing traders with access to simulated funded trading accounts through transparent evaluation programmes and direct funding models. Built around fairness, flexibility and trader development, PineX Capital offers competitive profit splits, straightforward trading rules and dedicated support to help traders progress with confidence. Originally established in Germany, the company is expanding internationally to serve a growing community of traders across Europe and beyond.

For more information about PineX Capital and its funded trading programmes, users can visit the company’s website.

Contact

CEO
Arlind I
PineX Capital
support@pinexcapital.com

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Press Release

HUIYU FINANCE EXPO HONG KONG 2026 Highlights Financial Technology and Innovation

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HUIYU FINANCE EXPO HONG KONG 2026 will take place on September 22–23 at Regent Hong Kong, 18 Salisbury Road, Tsim Sha Tsui, Kowloon, bringing together financial institutions, FinTech companies, technology providers, investors, and industry professionals. The event will focus on global finance, financial technology, cross-border collaboration, AI, digital assets, payments, green finance, and regulatory developments.

Hong Kong S.A.R., 1st Sep 2026 — HUIYU FINANCE EXPO HONG KONG 2026 will take place on September 22–23, 2026, at Regent Hong Kong, bringing together financial institutions, FinTech companies, technology providers, digital asset and blockchain businesses, payment service providers, investors, and industry professionals from across the global financial ecosystem.

With the positioning “Connecting Global Finance & Innovation,” the two-day event will focus on financial technology, cross-border finance, digital assets, blockchain, payments, artificial intelligence, green finance, regulatory developments, and emerging financial infrastructure.

The Expo is expected to welcome participants from more than 20 countries and regions, feature over 50 industry forums and keynote sessions, and receive support from more than 100 partners and media organizations.

As financial markets continue to evolve through digital transformation, emerging technologies are becoming increasingly integrated with traditional financial services and market infrastructure. At the same time, financial institutions and technology companies are navigating changing regulatory frameworks, new market structures, and growing demand for more efficient cross-border connectivity.

Against this backdrop, HUIYU FINANCE EXPO HONG KONG 2026 aims to create an international platform where finance, technology, innovation, and business collaboration can come together.

Connecting the Global Financial Ecosystem

Connecting the Global Financial Ecosystem, Creating the Future of Financial Technology is a central positioning of HUIYU FINANCE EXPO HONG KONG 2026.

The event will bring together participants from banking, insurance, securities, funds, payments, FinTech, blockchain, digital finance, professional services, and related technology sectors.

By connecting financial institutions, technology companies, investors, service providers, and industry experts from different markets, the Expo aims to create a broader network for professional exchange and international cooperation.

Hong Kong’s role as a major international financial center provides a natural setting for this global connection.

Positioned in Hong Kong and connecting the world, HUIYU FINANCE EXPO HONG KONG 2026 will seek to strengthen dialogue between established financial institutions and emerging technology companies while creating new opportunities for cooperation across markets.

Innovation at the Center of the Financial Future

Financial technology innovation will form a major part of the event program.

Conference sessions and industry discussions will explore developments in artificial intelligence, digital assets, blockchain technology, payment innovation, green finance, cross-border finance, regulatory technology, and financial infrastructure.

The Expo will provide a platform for industry professionals to exchange perspectives on emerging technologies, explore practical applications, and discuss how innovation can develop alongside security, compliance, and responsible financial practices.

Key areas of discussion are expected to include:

Global financial market developments
Financial technology and innovation
Artificial intelligence in financial services
Digital assets and blockchain ecosystems
Cross-border finance and payments
Green finance and emerging technologies
Trading security and investor protection
Regulatory and compliance developments
Financial infrastructure and digital transformation

Through these discussions, HUIYU FINANCE EXPO aims to provide participants with deeper insight into the trends shaping the next stage of global finance.

Connect · Innovate · Business

The core values of HUIYU FINANCE EXPO HONG KONG 2026 are built around three ideas:

Connect · Innovate · Business

Connect represents the Expo’s goal of bringing together global financial institutions, technology companies, investors, professional service providers, and industry experts.

Innovate reflects the event’s focus on financial technology, emerging applications, and the continued evolution of the global financial ecosystem.

Business highlights the importance of practical cooperation, business matchmaking, professional networking, and the development of long-term commercial relationships.

Alongside keynote presentations and panel discussions, the Expo will feature dedicated exhibition areas, professional networking sessions, and business-matching opportunities.

These activities are designed to help participants introduce technologies and services, exchange market knowledge, identify potential partners, and explore new opportunities for international cooperation.

Hong Kong at the Heart of Global FinTech

Hong Kong continues to play an important role as one of Asia’s major international financial centers and as a gateway connecting Mainland China, Asia, and global capital markets.

The city has a well-established financial ecosystem that includes banks, securities firms, asset managers, insurers, payment providers, FinTech companies, technology businesses, and international professional service firms.

The continued development of digital finance and financial technology has further strengthened Hong Kong’s position as a meeting point for traditional finance and emerging innovation.

By bringing HUIYU FINANCE EXPO HONG KONG 2026 to Hong Kong, the event aims to create a platform for participants from different countries and regions to exchange ideas, establish professional connections, and explore opportunities across the wider Asia-Pacific and international financial markets.

Huiyu Awards to Highlight Industry Standards

HUIYU FINANCE EXPO HONG KONG 2026 also plans to host the annual Huiyu Awards, an industry program focused on trading security, service quality, professional standards, and the long-term development of the financial ecosystem.

The awards are expected to bring together traders, brokers, industry professionals, and financial market representatives for recognition and professional exchange.

Through the program, HUIYU FINANCE EXPO aims to encourage greater attention to trading security, investor protection, service standards, and regulatory responsibility while recognizing organizations contributing to the development of a more sustainable financial ecosystem.

Together for Value, Together for the Future

HUIYU FINANCE EXPO continues to develop its international presence with a focus on connecting financial institutions, technology companies, investors, and industry professionals across major financial and FinTech markets.

Future editions and related activities are planned across international financial centers including Singapore, Dubai, Sydney, Limassol, and Hong Kong.

Through conferences, exhibitions, professional networking, business matchmaking, and international industry exchange, HUIYU FINANCE EXPO aims to build an open platform for financial technology communication and global collaboration.

Together for Value, Together for the Future, the Expo seeks to connect global financial resources, support financial technology innovation, and create new opportunities for industry cooperation.

Event Information

Event: HUIYU FINANCE EXPO HONG KONG 2026
Dates: September 22–23, 2026
Venue: Regent Hong Kong
Address: 18 Salisbury Road, Tsim Sha Tsui, Kowloon, Hong Kong
Positioning: Connecting Global Finance & Innovation
Core Values: Connect · Innovate · Business
Website: www.huiyuexpo.com

Media Contact

Organization: HUIYU FINANCE EXPO

Contact Person: Cathy Wong

Website: https://www.huiyuexpo.com/

Email: Send Email

Country:Hong Kong S.A.R.

Release id:48626

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OrbitX Unveils QR Payment Infrastructure to Connect Global Freelancers and Startups with Local Point-of-Sale Networks

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Dubai, UAE, 1st September 2026, ZEX PR WIRE — Financial technology firm OrbitX has announced the rollout of stablecoin-driven QR payments across more than 15 international markets, expanding access to cost-effective financial tools for businesses, remote professionals, and digital workers in emerging economies. The deployment begins immediately in Vietnam and the Philippines, with additional market releases scheduled over the coming weeks.

The launch targets a persistent structural imbalance in international commerce: while talent and enterprises in emerging markets participate in the global digital economy, local banking systems impose heavy costs when receiving, converting, and spending foreign income. Traditional correspondent banks frequently charge 3 to 5 percent foreign exchange markups on U.S. dollar conversions, alongside settlement delays of three to five business days.

For a growing technology business or digital agency spending $15,000 monthly on international software services, cloud infrastructure, or remote contractors, standard foreign exchange surcharges accumulate to annual losses between $5,400 and $9,000. OrbitX resolves these operational bottlenecks by providing stablecoin-powered settlement rails that execute transactions instantly with transparent pricing.

Through the integrated OrbitX platform, users gain access to a complete financial management suite:

  • Named Virtual Accounts: Dedicated account details across major international currencies—including USD, EUR, GBP, AED, NGN, BRL, and MXN—allowing international clients to send funds that settle directly into self-custodial wallets.
  • Global Payouts: Fast international transfer functionality covering more than 80 destination countries with real-time clearing.
  • Visa Debit Access: Globally accepted payment cards valid across 150 million merchant locations.
  • Local QR Settlement: Instant point-of-sale conversion, allowing users to scan local QR codes at neighborhood merchants and settle payments directly from stablecoin balances in local fiat currencies like Vietnamese dong or Philippine pesos.

The inclusion of localized QR capabilities completes the utility loop for stablecoin holders. In markets where physical credit card terminals are rare but QR codes are ubiquitous—such as street markets, taxis, corner grocers, and pharmacies—OrbitX enables account holders to spend digital dollar earnings instantly without establishing local bank accounts or utilizing physical currency exchange counters.

Operating strictly on a self-custodial model, OrbitX ensures that account holders retain full control of their private cryptographic keys. Assets are never held in centralized corporate accounts, eliminating counterparty risks and protecting customer capital from third-party banking disruptions.

“OrbitX was built specifically for the millions of entrepreneurs, startups, and remote workers who deliver world-class work while enduring excessive financial friction,” said Ankitt Gaur, Founder and Chief Executive Officer of OrbitX. “A small software team in Lagos or an independent developer in Manila deserves access to the exact same high-efficiency financial infrastructure as a company operating in Silicon Valley. Enabling direct QR payments at local counters is a major step toward equalizing financial access worldwide.”

Gaur added regarding retail execution: “By allowing stablecoins to settle instantly through regional QR rails, we are taking digital dollars out of isolated wallets and putting them to work in the real economy—from local pharmacies to neighborhood transit. This is how digital currency evolves into a functional, daily financial account.”

Onboarding & Availability

OrbitX QR payments are operational today across Vietnam and the Philippines, with 15+ additional countries coming online in subsequent weeks. Individual registration is instantaneous, while corporate account verification takes 3 to 4 business days. Detailed platform features, developer API documentation, and mobile access are hosted at orbitxpay.com

About OrbitX

OrbitX is an all-in-one, self-custodial borderless finance platform powered by stablecoin technology, available via app and API. Engineered for individuals and commercial entities across Asia, Africa, the Middle East, and Latin America, OrbitX delivers named multi-currency virtual accounts, self-custodial cryptographic wallet security, global payouts to 80+ countries, Visa debit cards, and localized QR code payments. Grounded in its operational charter, “Banking without borders. Custody without compromise,” OrbitX provides global financial tools to emerging market participants.

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