Press Release
Lumino Ceremony: Building the Privacy Protection Infrastructure
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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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Forex Expo Dubai Announces Opportunity to Win Up to 150 Grams of Gold This September 2026
Dubai, United Arab Emirates, August 6th, 2026, FinanceWire
Forex Expo Dubai has announced a Gold Lucky Draw for its 9th Edition, offering eligible Verified Traders, Introducing Brokers (IBs), and Affiliates the opportunity to win a share of 150 grams of 24K gold during the event.
The Gold Lucky Draw will take place during Forex Expo Dubai 2026, scheduled for 22–23 September 2026 at Dubai World Trade Centre. A total of 150 grams of 24K gold will be awarded across the two-day event as part of the attendee programme.
The lucky draw is open exclusively to Verified Traders, Introducing Brokers (IBs), and Affiliates attending the event. In addition to participating in the draw, eligible attendees will have access to the expo’s conference sessions, networking activities, and business programmes.
With 33 winners set to take home a share of 150 grams of 24K gold, this year’s Gold Lucky Draw will be distributed across the following prize categories:
● 1 winner of a 50grams 24K Gold Bar
● 2 winners of 10grams 24K Gold Bars
● 10 winners of 4grams 24K Gold Bars
● 20 winners of 2grams 24K Gold Coin
While lucky draw winners will take home gold, every participant will have the opportunity to build new partnerships, gain fresh market insights, and connect with companies shaping the future of online trading.
Five Halls. One Global Trading Landscape.
Across five halls, Forex Expo Dubai 2026 will bring together 250+ exhibitors and 100+ speakers, featuring leading brokerages, fintech companies, liquidity providers, payment providers, trading technology firms, and financial services companies from around the world.
Attendees can discover new products and services, compare trading platforms, meet solution providers, and engage directly with businesses driving the evolution of online trading.
For those looking to stay ahead of the curve, the conference programme will feature discussions on market trends, regulation, trading strategies, and the future of online trading.
Raising the Standard for Industry Events
The 9th edition introduces expanded experiences designed around the needs of its key attendee groups.
Verified Traders gain access to dedicated seminar sessions, the Traders Lounge, and the Traders Clinic, where they can pre-book one-to-one sessions with market experts.
Introducing Brokers can participate in the dedicated IB Programme, connect with brokers to discuss partnership models and rebate structures, and access the IB Lounge for focused networking.
Beyond these dedicated experiences, attendees can explore live product demonstrations, private meeting zones, pre-bookable meetings through the official event app, and side events taking place before and after the expo — creating more ways to learn, build relationships, and discover new opportunities.
*T&C Apply
About Forex Expo Dubai
Forex Expo Dubai is one of the region’s leading gatherings for the global online trading and fintech industry, bringing together brokerages, fintech innovators, traders, investors, payment providers, IBs, affiliates, and online trading technology companies under one roof. The expo provides a platform for business networking, technology showcases, industry insights, and conversations shaping the evolution of modern finance.
Contact
Commercial Director
Niyaz Mohamed
HQMENA
Sales@hqmena.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Inevitable AI Group Raises $6M From Aleph to Launch AI-Native SaaS Companies
Tel Aviv, Israel, August 6th, 2026, FinanceWire
Inevitable AI Group (IAIG), an AI-native venture studio founded by veteran technology entrepreneurs, today announced a $6 million pre-seed funding round led by Aleph. The company is building and launching dozens of AI-native software businesses designed to capitalize on the rapidly changing economics of software development.
Founded by Nimrod Lehavi and Ofer Bar-Or, IAIG was created around the thesis that advances in artificial intelligence are enabling small teams to build, launch, and scale software products faster and more efficiently than ever before.
Rather than building a single company, IAIG operates as a venture studio, partnering with entrepreneurs to launch AI-native products in a matter of weeks in identified and proven software markets and providing them with all of the tools to grow rapidly.
The process starts with meticulous selection, development, go-to-market execution, operations, and growth. By leveraging AI across the company-building process, IAIG achieves feature parity with established software products in weeks while dramatically reducing operating costs.
Since launching in January, IAIG has already created and launched five ventures and expects to launch dozens more by year-end. The company focuses on post market fit proven software categories with established demand and opportunities where AI can significantly improve efficiency, accessibility, or pricing.
“We believe AI is changing the foundations of how software businesses are built, marketed, grow and exit,” said Nimrod Lehavi, founder and CEO of IAIG. “Many of today’s software companies were designed for a different technological era. We see an opportunity to build a new generation of companies that can move faster, operate more efficiently, and deliver greater value to customers.”
Established software companies often face challenges adapting to AI due to legacy technology, complex architectures, and slower operating models. AI-native companies, by contrast, can automate large portions of development and operations while serving customers with significantly smaller teams.
“SaaS isn’t dying, it’s being reinvented,” said Eden Shochat, Equal Partner at Aleph. “AI gives customers the ability to create tools tailored to their needs on demand. We backed IAIG because the team understands that the winners of this transition will be those building entirely new categories of software.”
Lehavi previously founded, managed and sold Simplex to Nuvei for 300MM, while Bar-Or brings more than 30 years of entrepreneurial experience spanning telecommunications, semiconductors, internet infrastructure, machine learning, and deep technology. A graduate of Israel’s Talpiot program, Bar-Or also spent seven years in the Israeli space program.
“The biggest challenge in startups has always been finding something the market truly needs and then executing well,” said Ofer Bar-Or, founder and COO of IAIG. “AI is dramatically reducing the barriers to execution, allowing entrepreneurs to spend more time solving meaningful problems and less time navigating the complexity of software development.”
IAIG believes the next phase of the software industry will be defined by smaller, more efficient organizations capable of delivering enterprise-grade products at lower cost and higher speed. The company also expects acquisitions, partnerships, and integrations between AI-native startups and established software providers to become increasingly common as the industry adapts to AI-driven change. Looking ahead, IAIG plans to expand its network of founders, enter additional software categories, and continue refining a venture-building model designed specifically for the AI era.
About IAIG
IAIG is an AI-native venture studio that partners with solo entrepreneurs to select, build, launch, and scale software companies for the age of artificial intelligence. The company identifies proven software markets and works alongside founders to develop AI-first products through a combination of venture-building infrastructure, operational expertise, and AI-driven execution. Based in Israel, IAIG’s mission is to enable a new generation of entrepreneurs to create software companies that are faster to build, more efficient to operate, and better aligned with the opportunities created by advances in artificial intelligence.
Contact
Nimrod Lehavi
nimrod@iaig.com
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
BlockComp and Dragonfly Partner to Launch the Third Annual Crypto Compensation Survey, Setting a New Standard for Industry Benchmarks
Participating organizations will receive three months of complimentary access to the BlockComp Platform, featuring benchmark data from more than 55 crypto companies across 100+ countries.
Amsterdam, New York, August 6th,2026, ZEX PR WIRE — BlockComp, the compensation benchmarking platform purpose-built for crypto and digital asset organizations, today announced a partnership with Dragonfly, a leading global investment firm focused on the digital asset ecosystem, to launch the third edition of the Crypto Compensation Survey.

The initiative aims to establish the industry’s most comprehensive compensation database, providing organizations with a reliable, data-driven view of compensation practices across functions, seniority levels, geographic markets, and reward structures.
As the crypto industry continues to grow, compensation remains one of its most complex and least transparent areas. Fragmented market data, inconsistent benchmarking methodologies, and the growing prevalence of token-based compensation have made it increasingly difficult for organizations to design competitive and sustainable Total Rewards programs. The BlockComp x Dragonfly Crypto Compensation Survey addresses this challenge by consolidating anonymized and standardized compensation data from across the ecosystem into a single, trusted benchmark.
Combining Data, Talent Expertise, and Industry Reach
The partnership brings together BlockComp’s proprietary compensation dataset and deep expertise in Total Rewards with Dragonfly’s extensive network and talent insights across the global crypto ecosystem.
By expanding participation across a broader range of organizations, markets, and talent profiles, the survey aims to deliver the most representative and actionable compensation benchmark available to crypto employers. The resulting dataset will help organizations make more informed decisions around compensation strategy, talent acquisition, retention, equity design, and token-based incentive programs.
Contribute Data and Gain Complimentary Platform Access
Organizations that complete the survey submission will receive three months of complimentary access to the BlockComp Platform, enabling them to benchmark compensation practices against real market data from across the crypto industry.
The platform currently contains compensation insights from more than 55+ crypto organizations, covering 100+ countries and incorporating over 11,000 compensation data points. Participants will gain access to benchmarks across base salary, annual incentives, equity compensation, and token-based rewards. With this new partnership, the dataset is expected to grow significantly, delivering the most robust, reliable, and industry-specific compensation benchmark available.
To ensure the highest standards of confidentiality and data integrity, all submitted information is aggregated, anonymized, and analyzed in accordance with strict data privacy protocols. No individual company data will be disclosed or identifiable within the published results.
Shaping the Future of Compensation in Crypto
As competition for talent intensifies and compensation structures continue to evolve, access to reliable market intelligence has become increasingly critical for organizations operating in the digital asset sector.
By participating in the survey, organizations will not only gain access to valuable benchmarking insights but also contribute to the development of a more transparent, data-driven, and sustainable compensation landscape for the broader ecosystem.
How to Participate
Organizations interested in contributing to the industry’s leading compensation benchmark can participate by completing the survey submission.
About BlockComp
Built specifically for crypto and digital asset organizations, BlockComp is a compensation benchmarking platform powered by a proprietary dataset of more than 11,000 compensation data points from 55+ companies across 100+ countries. Founded by a team with 12+ years of compensation experience across the Tech and Blockchain ecosystem, BlockComp enables organizations to design, benchmark, and optimize compensation strategies covering base, bonus, equity, and token compensation.
Website: https://platform.blockcomp.io/
About Dragonfly
Dragonfly is a $3.6B crypto-focused global investment firm. Since 2017, Dragonfly has been at the forefront of blockchain and crypto innovation with a long-term-oriented, technical, and research-driven approach, having been early backers of some of the most influential protocols and companies in the industry.
Website: https://www.dragonfly.xyz/
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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