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Lumino, lightening up the world of secure multi-party computation

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New digital era, new demand of security

With the advent of the era of big data, the leakage and abuse of personal privacy data are common, which not only disturbs the normal market order, but also seriously restricts the innovation and development of the digital economy. In recent years, many countries have carried out relevant legislation of digital economy and data governance, which makes the legal requirements of personal privacy data more rigorous, and the supervision system is becoming increasingly strict. The various online scenarios led by the Covid-19 not only bring convenience to our life, but also cause a lot of security demand of data protection

Therefore, the data producers, such as government agencies, operators, platforms, are constantly raising the legal standards of storage, transmission and transaction. It has brought a problem to the data owners: how can fully utilize the data resource endowment to create business profits and social value, meanwhile ensure that the data privacy is protected in accordance with supervision provisions? The real demand behind the problem is bound to give birth to new technologies. The combination of blockchain and secure multi-party computation provides a new solution for breaking the “data island”, ensuring data security and releasing data value.

Recently, as the leader in the global blockchain industry, PlatON has started a new journey in the construction of privacy computation infrastructure, launching the secure multi-party computation ceremony—— Lumino. Lumino aims to create system parameters in a decentralized way, which could help build a real community-based, open-source blockchain ecosystem and ensure the underlying security of the main network and the reliability of future digital applications.

The “chemical reaction” of blockchain and secure multi-party computation

To understand the essence of Lumino, we need to understand the blockchain and secure multi-party computation. Blockchain is a technical solution that does not rely on a third party and a network that stores, verifies, transmits and communicates through its own distributed nodes. The core problems it solves are network decentralization, data consistency and tamper-prevent. Secure multi-party computation is to solve the problem of privacy protection among a group of mutual distrusted participants. It should ensure the independence, correctness decentralization and do not disclose the data to other participants. Secure multi-party computation was firstly proposed by professor Yao Qizhi, who is a Chinese computer scientist and the winner of Turing prize. Since 2010, the development of executable general compiler makes its concept gradually well-known.

It can be seen that both blockchain and multi-party security computation are technologies dealing with data interaction between a group of participants according to specific rules. However, blockchain is mainly used to verify the correctness of the calculation, and the purpose is to achieve the consistent recognition of the results and prevent the results from being tampered with; the purpose of secure multi-party computation (MPC) is to get specific results in the case of data confidentiality, and emphasis on privacy protection in data share situation.

When secure multi-party computation encounters blockchain, the integration has become a technology trend that attracts much attention. Due to the different traits of blockchain and multi-party security computation, they are not exclusive and can complement each other. Blockchain can improve its ability of data confidentiality by using secure multi-party computation to adapt to complex environments; while secure multi-party computation can complete redundant computation with the help of blockchain to obtain verifiable and unique results.

The combination of MPC and blockchain is ultimately to meet the more complex and changeable real needs, especially for various environments of data exchange and sharing. For example, secure multi-party computation can realize key management in the blockchain wallet, and divide the management right of assets reasonably to reduce the risk of single key loss. It can also realize the cross-domain access of EHR data. Based on personal digital identity infrastructure, hospital A could apply for data access to hospital B by obtaining the patient’s authorization, which does not need directly return the patient’s medical record data. It would meet the dual goals of diagnosis needs and privacy protection.

New practice in privacy protection——PlatON & Lumino

Secure multi-party computation is essentially a solution for data security. It is consisted of cryptographic technologies such as obfuscation circuit, secret sharing, homomorphic encryption, etc. PlatON has already realized the layout in these fileds. The key to secure multi-party computation is to use zero knowledge proof to prove that there is no leakage, which is also the key to Lumino.

Most of the existing efficient zero-knowledge proof algorithms need to create system parameters in a centralized way, so the third party who creates the parameters may forge proofs to destroy the underlying security of the main network. Lumino aims to generate the system parameters of the zero-knowledge proof through secure multi-party computation. In this process, the parameters are generated by members altogether, so they will not be obtained or tampered by a single party. This also constitutes the cornerstone of the subsequent privacy protection application. Only when the activity held safely, the subsequent decentralized application will be more secure.

This ceremony is PlatON’s latest practice in the field of privacy protection, and Lumino’s goal is to link the world’s cryptographic geeks to build a global privacy computation infrastructure. In the future community-based and open-source blockchain ecosystem, every participant is an important node, and every participation will make the underlying network more secure. Therefore, this is not only an activity, but also a collective wisdom full of ritual sense. PlatON will also take this opportunity to realize the vision of building infrastructure in the digital era, and make every effort to be the best practitioner in the field of privacy security.

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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.

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Press Release

What Happens During a Professional QuickBooks File Merge

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Brandon, MB, Aug 12, 2026, ZEX PR WIRE — For many businesses, a QuickBooks file merge sounds simple: combine two files and keep the data. In reality, professional QuickBooks file merging is one of the most complex data management services available. Whether a company is consolidating multiple business units, cleaning up duplicate records, or combining data after an acquisition, the process requires careful planning to preserve financial accuracy and historical integrity.

A properly executed merge can eliminate inefficiencies, improve reporting, and create a single source of truth without sacrificing valuable accounting history.

QuickBooks file merges are often necessary after mergers and acquisitions, departmental consolidations, system migrations, or years of maintaining separate company files. In other cases, businesses discover they have duplicate customer, vendor, inventory, or employee records that create reporting inconsistencies and operational confusion.

Rather than managing fragmented data across multiple files, organizations often choose to consolidate information into a single, streamlined QuickBooks environment.

One of the most common objectives of a file merge is removing duplicate records while preserving transaction history.

Over time, businesses may accumulate duplicate customers, vendors, products, or accounts due to inconsistent naming conventions or data imports. A professional merge identifies these duplicates and combines them without breaking links to invoices, payments, purchase orders, or historical transactions.

The goal is not simply deleting extra records. Instead, data is carefully mapped and merged so that years of accounting activity remain connected to the correct entity.

A major concern during any consolidation project is maintaining transparency and accountability.

QuickBooks data contains detailed transaction histories that may be required for financial reviews, compliance requirements, tax reporting, or internal audits. A professional merge focuses on retaining historical detail wherever possible while ensuring that merged records continue to support accurate reporting.

Maintaining audit integrity is particularly important for organizations that may need to demonstrate how historical transactions were recorded and managed before and after the consolidation.

Many file merge projects involve combining multiple company files into a unified accounting environment.

This is especially common when businesses acquire other organizations, operate several divisions independently, or have maintained separate QuickBooks files for different locations. Consolidation can simplify reporting, eliminate redundant processes, and provide management with a more complete financial picture.

However, combining company files requires careful reconciliation of accounts, customer records, vendor lists, inventory items, and transaction histories to ensure that financial statements remain accurate after the merge.

Another challenge arises when organizations operate across multiple countries using different editions of QuickBooks.

Variations in currency handling, tax structures, reporting requirements, and regional software versions can complicate the consolidation process. A professional merge strategy evaluates these differences and restructures data where necessary to ensure compatibility within the target environment.

Without specialized expertise, international file merges can result in missing records, reporting errors, or unsupported data structures.

The merge itself is only part of the process. After consolidation, the resulting file must be thoroughly tested and validated.

Professional validation typically includes reviewing account balances, reconciling financial reports, checking customer and vendor records, verifying transaction counts, and confirming that key reports produce accurate results. Any discrepancies are identified and corrected before the merged file is placed into production.

This final verification stage ensures that businesses can move forward with confidence, knowing that the consolidated file reflects accurate and complete financial information.

A successful QuickBooks file merge can dramatically improve efficiency. Businesses gain cleaner records, simplified reporting, reduced administrative work, and a more accurate view of their financial operations. Teams no longer need to switch between multiple company files or reconcile duplicate information across separate systems.

For growing organizations, consolidation can provide the foundation for better decision-making and more scalable accounting processes.

QuickBooks file merging is not a standard software function. It requires specialized knowledge of database structures, transaction relationships, version compatibility, and financial reporting requirements.

As QuickBooks file consolidation specialists, we have helped organizations successfully merge duplicate entities, combine multiple company files, and preserve years of critical financial history. Through careful planning, data restructuring, and comprehensive validation, businesses can achieve a seamless transition without losing the information that matters most.

For companies facing complex consolidations, a professionally managed QuickBooks file merge turns what is often viewed as a high-risk project into a controlled and successful transformation.

 

About QuickBooks Repair Pro

QuickBooksRepairpro.com is a leading QuickBooks File Repair and Data Recovery, QuickBooks Conversion, QuickBooks Mac Repair, and QuickBooks SDK programming services provider in North America, serving thousands of business users all over the world. With over 20 years of experience with Intuit QuickBooks, QuickBooksRepairpro.com assists QuickBooks users and small businesses with a variety of services and work with the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).

For more information, visit https://quickbooksrepairpro.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.

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Press Release

How Businesses Successfully Downgrade QuickBooks Without Losing Historical Data

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Brandon, MB, Aug 12, 2026, ZEX PR WIRE — As QuickBooks subscription costs continue to rise, many businesses are exploring ways to reduce recurring software expenses without sacrificing years of valuable accounting history. Whether moving from a newer version to an older release or transitioning from QuickBooks Enterprise to Pro, a successful downgrade requires careful planning to avoid data loss and reporting issues.

One of the biggest challenges is version compatibility. QuickBooks is designed to upgrade company files, not downgrade them. Once a file has been converted to a newer version, older editions typically cannot open it. Businesses that attempt a direct downgrade often discover that critical data, reports, or functionality are no longer accessible.

This creates significant data rollback risks. Transactions, inventory records, payroll history, custom fields, and other important information can be lost or altered when incompatible data structures are forced into a lower version. Without proper conversion and validation, financial accuracy may be compromised.

A growing number of organizations are also pursuing Enterprise-to-Pro migrations to reduce licensing costs. While the savings can be substantial, Enterprise contains advanced features that do not exist in Pro, including certain inventory, reporting, and user management capabilities. Successful migrations require file restructuring to ensure the resulting data remains accurate and usable.

Much of the demand for downgrades is being driven by subscription fatigue. Businesses are reevaluating software expenditures and asking whether they truly need premium features that come with higher recurring costs. For many smaller organizations, a lower-cost QuickBooks edition can adequately support day-to-day operations if the transition is handled correctly.

An effective downgrade strategy often includes archiving historical data. Rather than forcing years of legacy transactions into a smaller environment, businesses can create secure archives while moving active accounting records into the downgraded system. This approach improves performance, simplifies conversions, and preserves access to historical information for audits, tax reviews, and compliance requirements.

The key to a successful QuickBooks downgrade is understanding that it is not simply a software change. It is a data conversion project that requires compatibility analysis, file restructuring, testing, and validation.

As specialists in QuickBooks version conversion and file restructuring, we help businesses reduce subscription costs while preserving the historical financial data they depend on. With the right migration strategy, organizations can achieve meaningful savings without losing access to years of critical accounting records.

 

About QuickBooks Repair Pro

QuickBooksRepairpro.com is a leading QuickBooks File Repair and Data Recovery, QuickBooks Conversion, QuickBooks Mac Repair, and QuickBooks SDK programming services provider in North America, serving thousands of business users all over the world. With over 20 years of experience with Intuit QuickBooks, QuickBooksRepairpro.com assists QuickBooks users and small businesses with a variety of services and work with the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).

For more information, visit https://quickbooksrepairpro.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.

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Press Release

The Hidden Cost of Delaying QuickBooks File Repair

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Brandon, MB, Aug 12, 2026, ZEX PR WIRE — Many businesses notice the warning signs of QuickBooks file damage long before a complete failure occurs. Slow performance, recurring error messages, and failed file verification checks are often dismissed as minor inconveniences. Unfortunately, delaying repair can turn a manageable issue into a costly data recovery project, or worse, permanent financial data loss.

QuickBooks company files typically deteriorate gradually. What begins as a slight slowdown when opening reports or saving transactions can indicate underlying database damage. As corruption spreads, users may experience longer loading times, unexpected crashes, and increasing difficulty accessing critical financial information.

Many organizations continue operating with a damaged file because QuickBooks remains functional. However, every new transaction added to a compromised database can increase the complexity of the problem and make future recovery more difficult.

The Verify Data and Rebuild Data utilities are designed to identify and correct common issues within a QuickBooks company file. When these tools begin reporting errors or repeatedly fail to complete successfully, it often signals deeper database corruption.

Businesses frequently postpone addressing these warnings because operations appear unaffected. In reality, failed verification checks can indicate damaged transaction records, broken links between data tables, or structural issues that may worsen over time. The longer corruption remains unresolved, the greater the likelihood that standard repair methods will no longer be sufficient.

File corruption is rarely static. In many cases, damaged areas of a QuickBooks file continue expanding as users add invoices, payments, payroll entries, and journal transactions.

What may initially affect a small number of records can eventually impact years of financial history. Missing transactions, inaccurate balances, duplicate entries, and reporting inconsistencies often become more severe as corruption spreads through the database.

When businesses finally seek assistance, recovery may require significantly more work than if the problem had been addressed when the first warning signs appeared.

Financial data accuracy is especially critical during payroll processing and tax preparation. Corrupted files can lead to incomplete payroll records, incorrect tax calculations, and inaccurate reports that affect compliance obligations.

Even minor database issues can create discrepancies that go unnoticed until payroll is processed or tax filings are prepared. Correcting these errors after the fact can consume valuable time and potentially expose the business to penalties, amended filings, or employee payment issues.

Accounting records serve as the foundation for audits, financial reviews, and regulatory reporting. A damaged QuickBooks file can compromise transaction histories, supporting documentation, and financial statements.

If records are incomplete or inconsistent, businesses may face additional scrutiny during audits. Reconstructing financial data from backups, bank statements, and external records can be resource-intensive and expensive, particularly if critical information has been lost.

Many companies delay repair efforts to avoid short-term costs. Ironically, this decision often leads to far greater expenses later. As corruption worsens, recovery becomes more complex, downtime increases, and the likelihood of permanent data loss rises.

Early intervention is typically faster, less expensive, and more successful than emergency recovery efforts after a major failure. Addressing issues when they first appear can help preserve financial records, maintain operational continuity, and reduce business risk.

QuickBooks performance issues, recurring Verify/Rebuild errors, and unexplained data inconsistencies should never be treated as routine software problems. They are often early indicators of a company file that requires professional attention.

As forensic QuickBooks data recovery specialists, we routinely see businesses wait until their files become inaccessible before seeking help. By then, recovery is often more complicated, more expensive, and more disruptive than it needed to be. The most cost-effective approach is simple: act early, repair quickly, and protect your financial data before minor corruption becomes a major business problem.

 

About QuickBooks Repair Pro

QuickBooksRepairpro.com is a leading QuickBooks File Repair and Data Recovery, QuickBooks Conversion, QuickBooks Mac Repair, and QuickBooks SDK programming services provider in North America, serving thousands of business users all over the world. With over 20 years of experience with Intuit QuickBooks, QuickBooksRepairpro.com assists QuickBooks users and small businesses with a variety of services and work with the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).

For more information, visit https://quickbooksrepairpro.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.

Continue Reading

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