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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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Vaiz introduces agile project management tools as teams leave Jira for simpler alternatives

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Limassol, Cyprus – 19/05/2026 – (SeaPRwire) – Vaiz, the Limassol-based maker of a unified workspace for tasks and documents, is putting its agile project management tools in front of teams that have adopted agile in principle but find themselves buried in the ceremony that comes with it. Seventy-four percent of organizations now run on agile or hybrid agile approaches, according to Digital.ai’s 18th State of Agile Report — but adoption and effectiveness are two different things. In 2026, the question is no longer whether agile matters. It is whether the tools teams use to run it are helping them ship faster or just making the process more visible.

The ceremony problem

Most agile tools were designed to manage agile processes: sprint boards, story point estimation, velocity charts, burndown reports, retrospective templates. The tools are thorough. They are also, for many small and mid-sized teams, exhausting. Configuring Jira to run a ten-person team requires the kind of admin investment that makes sense for a fifty-person engineering org. Running Scrum ceremonies across three different tools — a sprint board in one place, specs in another, retrospective notes in a third — means teams spend their energy on coordination instead of delivery.

Vaiz ships with a ready-to-use Scrum template that covers the full sprint rhythm out of the box: nine columns including a dedicated Ceremonies lane for planning, standups, reviews, and retrospectives, plus a Sprint Results area to keep outcomes visible across cycles. WIP limits on active stages prevent overload. Sprint Number, Estimated Time, and Logged Time fields let teams track capacity and spot the gap between planning and reality — without over-engineering the process. Engineering task categories cover Frontend, Backend, API, DevOps, UI/UX, and more. No admin required to get started. Teams comparing the two platforms directly can see a full breakdown at vaiz.com/compare.

Why agile teams are choosing Vaiz

Every task in Vaiz contains a native document editor capable of holding user stories, acceptance criteria, technical specs, and decision logs directly alongside the work. When a developer picks up a sprint item, the context is already there — no Confluence tab, no “where did we put that spec” in Slack. GitHub and GitLab integrations pull requests, branches, merge requests, and commits onto the task itself, so sprint traceability happens without manual status updates. The built-in AI assistant turns sprint goals into task breakdowns, drafts plans from briefs, and compresses long comment threads into action items the team can actually act on. For engineering teams working with AI-assisted development, Vaiz exposes a native MCP endpoint that lets Claude, Cursor, and other compatible assistants read and write directly into the workspace — no manual copy-paste between tools.

Development pace

Vaiz is on version 2.84 with regular releases since 2025, recently moving to a two-week release cycle. Releases in 2026 have delivered an improved UI, Slack integration, Cursor IDE support, and calendar integration. An iOS app is coming soon in Q2 2026.

Switching and pricing

Teams moving over from another tool can transfer boards, tasks, and history through Vaiz’s Migration Center, which currently handles Jira, Asana, Trello, YouTrack, Linear, and Notion in one click — with ClickUp, Monday, and Wrike on the way. The platform is free for teams of up to 10 users, with no credit card required. Paid plans are $5 per user per month for Pro and $9 per user per month for Premium. An on-premises Enterprise edition is available for organizations with data residency requirements. Every paid plan includes a 30-day free trial, and startups receive a 50% discount.

More information is available at vaiz.com.

About Vaiz

Founded in 2024 and based in Limassol, Cyprus, Vaiz Ltd builds a cloud-based work management platform that brings task boards, documents, and automation into a single workspace. The product is used by cross-functional teams at startups, game studios, product companies, agencies, and growing businesses, and holds a 4.8/5 average rating across G2, Trustpilot, Crozdesk, and SoftwareSuggest.

Media Contact

Brand: Vaiz

Contact: Mike Burton

Email: marketing@vaiz.com

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Nexcbit Announces Market Rewards for Traders and IBs

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The multi-asset broker is raising the bar on trader incentives and partner earnings — giving every depositor an instant trading boost and paying Introducing Brokers among the most competitive rebates in the market.

Dubai, UAE, May 19th, 2026 — Nexcbit Market, a global multi-asset trading broker offering access to Forex, commodities, indices, and crypto CFDs, is drawing fresh attention from traders and affiliate partners alike following the launch of two standout programmes: a 15% deposit bonus on every deposit made into a live trading account, and an Introducing Broker (IB) commission structure paying up to $50 per lot — positioning the broker as one of the most rewarding platforms for both active traders and referral partners in today’s market.

15% Bonus on Every Deposit — Instantly Added to Your Trading Balance.Fund your account once or fund it again — the bonus applies every time, with no cap.

15% DEPOSIT BONUS: MORE CAPITAL, MORE OPPORTUNITY

Unlike one-time welcome bonuses that expire after a first deposit, Nexcbit Market applies a 15% trading bonus to every deposit a client makes. A trader depositing $1,000 receives an immediate $150 credit added to their trading balance — capital that can be deployed directly in the markets.

This ongoing structure benefits traders at every stage: beginners gain a larger starting buffer, while experienced traders scaling their positions can consistently amplify available margin without changing their deposit strategy. The bonus is designed to increase a trader’s staying power and reduce the impact of short-term volatility on their account.

The programme reflects Nexcbit Market’s core philosophy: reward loyalty, not just acquisition. Every deposit counts, and every trader benefits — not just new sign-ups.

IBs Earn Up to $50 Per Lot — One of the Highest Rebate Rates Available. Refer clients, earn every time they trade — with no ceiling on total commissions.

IB PROGRAMME: UP TO $50 PER LOT FOR INTRODUCING BROKERS

Nexcbit Market’s Introducing Broker programme is structured to attract serious referral partners — signal providers, trading educators, community managers, and affiliate marketers who bring active traders to the platform.

IBs earn up to $50 per standard lot traded by each referred client. With no cap on the number of referrals and no ceiling on total earnings, an IB with a strong network of active traders can generate substantial recurring income. Commissions are tracked transparently through a dedicated IB portal, with regular payouts and real-time reporting available.

The IB structure is built for professionals who want scalable, passive income tied to the trading activity of their network — not one-time referral fees that stop paying the moment a client signs up.

 

ABOUT NEXCBIT MARKET

Nexcbit Market is a globally accessible multi-asset broker offering CFD trading across Forex pairs, commodities, stock indices, and cryptocurrency markets, built for traders who value execution quality, transparent pricing, and a broker that actively invests in their success through ongoing incentives. The platform provides competitive trading conditions — including a 15% deposit bonus on every deposit — alongside a range of account types, multi-platform access, and a professional IB programme paying up to $50 per lot, making it a viable choice for both independent retail traders and institutional partners seeking a reliable execution environment. To start trading or register as an IB, visit nexcbitmarket.com.

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Press Release

99 App Opens Wait List for UK’s First Digital Neobank Built for Ethical and Sharia-Aligned Consumers

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21-year-old Egyptian-British founder is positioning 99 App as more than a fintech, but rather as a movement

United Kingdom, 19th May 2026 —99 App today announced that it has opened the waiting list for customers who want to sign up for the United Kingdom’s first digital neobank that’s built simultaneously for ethical and Sharia-aligned consumers. Abdalla Lotfy, 99 App’s 21-year-old Egyptian-British founder, is positioning 99 App as more than a fintech, but rather as a movement. The product is a mobile-first current account with values alignment built into the core, including an integrated giving platform routed through registered UK charities and a screening engine that filters financial products on both ethical and Sharia criteria using the same database. It also provides Cashback, along with other features tailored to every segment from students to Gen Alpha.

“I did not originally set out to build a neobank. I started out reading philosophy,” explained Lotfy, who entered King’s College London at 16 and is now finishing his Master’s at Imperial College Business School. “Reading philosophy forced me to look at the systems I had been raised in, instead of taking them for granted. The more I read across psychology, economics, and the existential writers, the more I understood that a great deal of what is accepted as ordinary is the result of choices that benefit a small number of people at the cost of everyone else. With 99 App, we’re going to change this status quo.”

Unlike traditional banks, 99 App will not provide capital for industries that its customers would refuse to fund, e.g., industries that pollute and exploit people, weapons, etc. Instead, 99 App puts choice back in thecustomer’shands. 99 App recognizes that the ethical consumer and the Sharia-aligned consumer want the same thing for different reasons, and that the technology now exists to give it to them at the same time, in the same product.

Britain’s 31 million ethical and Sharia-aligned consumers finally have a serious challenger. The Arabic word Sharia (ﺔﻌيرﺷ) literally translates as “the path to the watering place.” It is a system of principles for living, not a body of mystical or secretive doctrine, and in the context of finance, it functions as a framework for distinguishing capital that builds from capital that harms. Ethicalfinance, drawn from a separate tradition rooted in cooperative and conscience-driven economics, reaches the same set of conclusions through a different route. The two frameworks overlap so closely on what they refuse to fund that 99 App applies a single screening engine to satisfy both audiences. Both frameworks reject three practices that mainstream neobanking treats as ordinary.

99 App has assembled an experienced management team. 99App’s CCO/MLRO is a former Vice President at Barclays. Its CTO is the current/former CTO of Papel, where he runs a PCI-DSS Level 1 certified payments infrastructure with 50+ engineers across Visa, Mastercard, and Troy schemes. Its Deputy CTO came from JPMorgan. Its advisor, Christophe Schwarz, was CTO of five fintechs and Managing Director at Barclays and UBS, and joined for zero cash compensation. 

 

About 99 Financial Technologies Ltd

99Financial Technologies Ltd is a London-headquartered fintech building the United Kingdom’s first digital neobank designed simultaneously for ethical and Sharia-aligned consumers. 

 

 

For more information, or to join the waitlist, visit https://99app.co.uk

 

END

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Media Contact

Organization: 99 Financial Technologies Ltd

Contact Person: Abdalla Lotfy

Website: https://99app.co.uk

Email: Send Email

Contact Number: +447777737567

Country:United Kingdom

Release id:45198

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