Press Release
Lumino Ceremony Uses A Combination Of Zero-Knowledge Proof And Blockchain To Solve The Limitations Of Privacy And Data Security
The loss of Internet data leakage is gradually increasing, and data privacy will be the key development focus of the industry. According to BM Security assessment, the average cost of global data leakage in 2018 was $3.86 million, which was 6.4% higher than that in 2017. In addition to that, the assessment also shows that large-scale data leakage is costly, with millions of records leakage possibly causing $40 million in losses, and 50 million records leakage may cause $350 million in losses. In this context, developing privacy encryption technology has become the focus of industry and market.
Zero-knowledge proof is an advanced privacy protection technology. Zero-knowledge proof is a cryptographic technology proposed by MIT researchers in the 1980s. As the name implies, zero-knowledge proof implies that you are the legal owner of a certain right without leaking relevant information, that is, to give zero information to the outsiders. Therefore, trusted computing uses cryptography such as zero-knowledge proof to complete data calculation while ensuring data privacy. Privacy protection technology based on cryptography provides a trusted environment for data calculation. Whether it is personal information, enterprise business data or unique data resources, there are hidden dangers of data leakage in the process of data exchange, storage and calculation. Cryptographic algorithms represented by zero-knowledge proof provide a solution for data security and privacy.
Zero-Knowledge Proof Provides A New Direction For The
Development Of Blockchain
The development of blockchain can not be distinguished from privacy protection technology, and cryptography is just needed for distribution of books. In a conventional blockchain transaction, when assets are sent from one party to the other, the details of the transaction are visible to each party within the network. On the contrary, in a transaction with zero knowledge proof, others only know that a valid transaction has occurred, but do not know the sender, receiver, asset class and quantity. The identity and amount involved in the transaction can be hidden, and problems such as “jump the gun” can be avoided. Zero-knowledge proof protocol supports the transfer of assets on distributed blockchain network, and has complete privacy.
ZCash is the most prominent zero-knowledge proof in blockchain-based systems, which is also the first cryptocurrency to realize zk-Snarks. Since then, other blockchain systems have also added zero-knowledge proof to verify while protecting user/transaction privacy. Perhaps, the most famous is Ethereum which realized zk-Snarks as part of the Byzantine upgrade.
Lumino Ceremony – The Starting Point Of The Application Of Zero-Knowledge Proof In Blockchain Industry
Zero-knowledge proof can realize flexible data calculation interaction and cross-validation, though it is still difficult to realize. Since it needs repeated examples to prove that the answer is true, which requires highly to hashrate. Currently the efficiency of generating proof is about 7 seconds, which requires a lot of hashrate to improve the computing speed.
At present, the biggest challenge faced by privacy computing lies in how to improve the efficiency of privacy protection and realize large-scale commercial landing. Zero-knowledge proof depends on hardware facilities, and the research and development and production of special computing hardware require huge upfront costs, so this is why the concept of privacy computing has appeared since 2014 but so far there has not been a real project.
In 2021, PlatON, a private computing AI network, announced the official launch of Lumino, a secure multi-party computing ceremony, inviting global community participants to help the development of private computing technology.
Lumino is a large-scale activity that uses secure multi-party computing protocols to generate zero knowledge proof system public reference string (CRS) in a de-trust manner, and it is a prerequisite and an important step for deploying and using privacy-related applications in a decentralized ecosystem.
Lumino means luminous and illuminated in Chinese. In Platon/Alaya’s world, Lumino is a multi-party collaborative computing ceremony that creates the necessary security parameters for one of Platon/Alaya’s cryptographic infrastructures, the Zero-knowledge Proof Protocol.
The emergence of Lumino is a milestone, which means that the formal commercialization and large-scale promotion of zero knowledge are becoming possible.
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
Buglocon Capital Management Publishes 2025 Market Outlook: Positioning for a Shifting Global Economy
Buglocon Capital Management Ltd has officially released its 2025 Global Market Outlook, a strategic publication analyzing emerging macroeconomic trends and proposing long-term investment approaches amid a changing global financial environment.
The 42-page report identifies key themes for 2025, including continued geopolitical fragmentation, inflation volatility, interest rate normalization, and diverging growth trajectories across major economies. It emphasizes the need for adaptive strategies, particularly in real assets, high-quality credit, and sector-specific equities.
“We believe 2025 will be defined by heightened uncertainty and regional divergence,” said a spokesperson for the firm’s Investment Strategy Group. “Investors must rethink traditional portfolio construction and adopt more resilient asset allocation models.”
The report also explores sector opportunities in U.S. industrials, Asian consumer markets, and global infrastructure. It outlines model portfolios calibrated for varying risk appetites, from capital preservation to aggressive growth.
Buglocon Capital will present highlights from the report during a closed-door webinar series in October 2025, targeting family offices, institutional clients, and global advisors.
The full report is now available to clients and partners through the firm’s digital client portal. A public executive summary can be requested by email.
About Buglocon Capital Management:
Buglocon Capital Management Ltd is an independent wealth management firm specializing in global asset allocation, private advisory services, and long-term investment strategies for high-net-worth individuals, family offices, and international entrepreneurs. Headquartered in the United States, the firm is committed to discretion, independence, and performance.
For more information, please visit: https://bcmgw.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
Atrend Ltd Joins Pre-Market U.S. Trading with Members, Ushering in a New Era of AI-Driven Investing

In response to shifts in the U.S. policy landscape, Atrend Ltd has officially joined the U.S. pre-market trading arena in collaboration with its member investors. The move aims to empower members to seize opportunities in AI-driven innovation and market expansion, marking a new chapter in intelligent investing.
Amid factors such as the “America First” agenda under the Trump administration, comprehensive tariffs, and multiple Fed rate cuts, Atrend Ltd leverages its leading generative AI and intelligent automation capabilities to stay at the forefront of industry transformation. The company continues to invest in AI algorithm development and cloud-based applications to accelerate product commercialization and capture opportunities in the AI, energy, and financial sectors.
Jan Hatzius, CTO of Atrend Ltd, stated: “Entering the pre-market space enhances our competitiveness in innovation and technology. It also allows our members to gain earlier market access, enabling them to better identify and act on emerging growth trends. We are committed to building a resilient and forward-looking investment ecosystem powered by AI.”
Alongside this market entry, Atrend Ltd is upgrading its trading platform for members, improving risk management and support systems. This ensures members can navigate volatile market conditions and take full advantage of early-trading opportunities. The company will also host regular webinars and market briefings to keep members informed on the latest AI developments and investment strategies.
As global trade tensions and supply chain volatility persist, Atrend Ltd continues to refine its strategic diversification and supply chain resilience. The company is actively exploring M&A opportunities to bolster its technological assets and lay a solid foundation for future growth.
With its focus on generative AI and automation, Atrend Ltd sees this pre-market entry as a key step in integrating its technologies with capital markets—driving both innovation and commercial value while delivering long-term benefits to its investor community.
About Atrend Ltd
Atrend Ltd is a technology company specializing in generative AI and intelligent automation. It delivers cutting-edge AI solutions and diversified investment opportunities to clients and stakeholders. The company focuses on algorithm R&D, data center optimization, and sector-wide digital transformation, supporting the growth of the global digital economy.
For more information, please visit: https://setatrend.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
Redefining the Future: How Omkar Bhalekar is Shaping Smarter and Sustainable Factories
Michigan, US, 31st July 2025, ZEX PR WIRE, When we envision the factories of the future, images of endless production lines seamlessly powered by automation and connected systems likely come to mind. However, behind these intricate operations lies a crucial element that brings everything together, advanced network architecture. At the forefront of transforming how factories function today is Omkar Bhalekar, an innovative Senior Network Engineer at Tesla. His pioneering work is revolutionizing the blueprint for smarter, sustainable industrial facilities while aligning cutting-edge technology with environmental stewardship.
The Heart of the Transformation
The rise of “smart factories” is part of the wider Industry 5.0 revolution, where human ingenuity meets high-tech automation solutions. For Omkar, the key to this transformation lies in bridging the gap between IT (Information Technology) and OT (Operational Technology). The once distinct domains are now converging, with seamless communication across SCADA (Supervisory Control and Data Acquisition), IIoT (Industrial Internet of Things), and enterprise systems becoming indispensable.
At Tesla, Omkar has reimagined the convergence of cutting-edge network engineering and smart manufacturing. He led the design and architecture of a state-of-the-art network for a manufacturing plant by implementing non-traditional data center technologies into the production environment. This forward-thinking approach enabled significantly higher scalability and productivity. His work involves designing resilient, scalable networks that support zero-emission electric vehicle production in Tesla’s highly automated manufacturing plants. These networks not only ensure seamless data flow across complex operations but also uphold top-tier security standards essential in large-scale industrial environments. By integrating enterprise-grade solutions into mission-critical factory systems, Omkar has played a pivotal role in accelerating innovation on the factory floor.
By developing robust frameworks for communication and real-time data sharing, Omkar enables Tesla’s factories to operate with agility, efficiency, and sustainability.
Innovation at the Crossroads of Technology and Sustainability
A defining aspect of Omkar’s work is his focus on aligning technological advancement with sustainability. The factories he supports demonstrate how innovative industrial systems can improve productivity while actively reducing the environmental footprint.
At Tesla, Omkar has reimagined the intersection of advanced network engineering and high-volume manufacturing by leading the design of state-of-the-art network architectures tailored for complex industrial environments. He introduced non-traditional data center technologies into the manufacturing domain, an innovative approach that increased scalability, reduced downtime, and boosted production efficiency. Supporting critical processes such as electric vehicle assembly and battery manufacturing, Omkar implemented ultra low-latency network designs essential for the precision timing required by Tesla’s robotics and automated systems. These resilient, secure networks ensure seamless data flow across operations, enabling real-time coordination while meeting the rigorous demands of sustainability, performance, and rapid innovation.
Omkar’s contributions resonate with Industry 5.0’s vision of a more environmentally conscious industrial ecosystem, setting an example of how businesses can tackle ecological challenges without compromising technological progress.
Building Smarter, Safer Factory Networks
Network security has become a strategic imperative in the era of IoT-enabled factories. A minor breach in an industrial network can jeopardize critical operations, risking downtime and financial loss. Omkar’s comprehensive expertise in network security places him at the intersection of innovation and resilience.
Through advanced firewalls, intrusion detection measures, and robust encryption protocols, Omkar Bhalekar ensures Tesla’s factory networks are not only functional but deeply secure. He incorporates segmentation techniques that prevent potential disruptions from propagating across entire systems, safeguarding billions of dollars in manufacturing investments.
Omkar has also embraced the intricacies of managing cybersecurity challenges associated with edge computing in industrial operations. By leveraging AI and real-time monitoring, he has fostered an environment where system vulnerabilities are identified and mitigated swiftly.
Beyond the Factory Floor
Omkar’s impact extends well beyond the technical challenges of Tesla’s production facilities. A Senior IEEE member and a Raptors Fellow, he frequently shares his expertise through papers, conferences, and peer reviews in high-impact journals. His efforts help bridge the knowledge gap between the academic and industrial sectors, inspiring the next generation of engineers.
Omkar has also been an active mentor in global hackathons and esteemed competitions like Technovation Girls and United Hacks. His dedication to fostering innovation among young professionals reflects his passion for democratizing access to knowledge.
Outside his professional endeavors, Omkar embodies a deep commitment to philanthropy. By volunteering with Lend-a-Hand India, he provides essential support for the education of specially-abled children, emphasizing his belief in meaningful societal contributions.
Charting the Path Forward
Omkar Bhalekar’s work is redefining what we expect from the factories of the future. By uniting technology with sustainability, security, and scalability, he has created a model that others in the industry can emulate. Under his influence, the blueprint for smarter and sustainable factories is evolving into a vision grounded in efficiency, innovation, and environmental responsibility.
Looking ahead, Omkar’s continually innovative approach underscores a broader opportunity for industries to elevate their operations. His work reminds us that the synergy between advanced technology and sustainability can indeed power a brighter, more responsible future.
To learn more visit: https://www.omkarbhalekar.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 Release6 days ago
RI Mining Takes Advantage of the Global XRP Craze to Open a New Era of AI Cloud Mining – Allowing Your Digital Assets to Change from Passive to Active at Any Time
-
Press Release2 days ago
Argenta Silver CEO Joaquin Marias Discusses Drill Results Infrastructure Treasury and Exploration
-
Press Release3 days ago
Boss Cleaning Solutions LLC Celebrates Over 250 5-Star Google Reviews Expands Same-Day Junk Removal Services in Ontario
-
Press Release7 days ago
Are You Still Envious of Others Who “Make Money by Holding Coins”? The Biggest Winner This Year May Be XRP Holders
-
Press Release6 days ago
Sonoma Manufactured Homes Unveils New Eco-Friendly Models to Meet Growing Demand for Sustainable and Affordable Housing
-
Press Release6 days ago
XRP Holders Can Now Earn Daily Passive Income via Find Mining’s New Payment Integration
-
Press Release6 days ago
Tawny Swift Ltd Ignites Push for Unprecedented Standards in Legitimate Crypto Recovery Across the USA
-
Press Release7 days ago
Advanced Mail Scanning Technology Cuts Prison Overdoses by 50 percent in New Jersey