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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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Press Release

K3 Capital Extends a Credit Facility to Galaxy through Accountable’s Vault Infrastructure on Monad

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Dubai, United Arab Emirates, July 27th, 2026, FinanceWire

Accountable today announced the launch of an onchain facility extending credit from K3 Capital to Galaxy, available on Monad to allocators through Accountable’s yield marketplace. The facility launches fully subscribed at $30 million in committed capital, with additional capacity to be opened as LPs complete onboarding in the coming weeks, targeting $100M in deposits. Denominated in AUSD, the facility is structured so that the deployment of capital to Galaxy, facility status, and interest activity remain independently verifiable onchain for the duration of the loan. 

“With this vault, K3 Capital extends a structured credit line to Galaxy, fully deployed and verifiable onchain on Monad. Our Vault-as-a-Service gives operators like K3 the flexibility to configure credit products to their specific requirements, while the Data Verification Network provides independent, continuous proof of capital deployment and facility activity for the facility lifetime,” said Wojtek Pawlowski, Co-founder and CEO of Accountable.

Allocators deposit AUSD into the vault; K3 manages LP supply; Galaxy borrows demand and blends different individual loans to improve overall liquidity for depositors. Accountable’s verification layer provides ongoing proof that capital has been deployed as described, that the facility status matches what is reported, and that interest is accruing and being distributed as scheduled. 

K3 Capital’s Edge

With ~$400M in assets under management, K3 Capital runs one of the largest delta-neutral DeFi funds in the market and ranks among the top asset managers & operators across lending platforms and vault infrastructure providers such as Midas, Euler and Accountable. Galaxy, an industry-leading name across digital asset markets, is committed to building the digital asset ecosystem. Credit markets are a core part of Galaxy’s Global Markets franchise and bringing credit trading onchain is an extension of its mission to evolve digital asset market infrastructure.

“Traditional credit products run better on DeFi rails. DeFi composability allows users to derive further utility – whether it is locking their yield on Pendle or borrowing against their vault shares, there is always something to do.” said Kiril Nikolov, Founder of K3 Capital.

What sets the facility apart

The K3 x Galaxy Lending Vault is designed around four structural advantages that together define the product’s edge for institutional allocators:

– Professional Liquidity Management: The vault pools liquidity and yield generation with predictable redemption horizons for LPs. Each loan carries a 90-day maturity and is rollable, with up to 30% of principal eligible for monthly redemption. Accountable’s verification layer provides continuous tracking of capital deployments to Galaxy, facility status and onchain transactions associated with the facility to validate their returns and use. 

The Borrower is a Publicly Traded Company: Galaxy(Nasdaq: GLXY) is a publicly traded company subject to regulatory reporting obligations across more than a dozen U.S. and international regulators. The borrower in this facility is far from being an opaque counterparty but an institution with public financial disclosure, quarterly earnings, and audit obligations built into how it operates. Galaxy’s public filings demonstrate total equity of $2.8 billion and cash and stablecoin holdings of $2.6 billion as of March 31, 2026. Accountable’s infrastructure complements Galaxy’s existing reporting framework by providing allocators with zero-knowledge cryptographic proof of the vault’s underlying data and loan health, without exposing proprietary trading strategies or sensitive counterparty data. This is the first time an onchain credit facility of this kind has been extended to a borrower with this regulatory and disclosure profile.

– Native DeFi Composability: Liquidity tokens representing vault positions are fully composable across DeFi protocols on Monad. Allocators can port their positions into protocols such as Pendle for principal/yield splitting and fixed-yield hedging, as well as secondary lending markets. By combining these different primitives, vault depositors can improve not only their returns but also the liquidity, predictability and overall flexibility of their assets. 

Institutional Distribution on DeFi rails: Built on Monad’s high-throughput settlement layer and denominated in Agora’s AUSD, the facility benefits from deep liquidity, institutional on/off-ramps, and broad distribution across the Monad ecosystem. AUSD’s cumulative transfer volume exceeds $73 billion to date.

The vault is built on Vault-as-a-Service, Accountable’s framework for deploying onchain capital products with verification embedded from day one, and is listed on YieldApp, Accountable’s marketplace for verifiable yield.

Depositors can confirm that AUSD has been deployed to Galaxy, independently verify the size and status of the outstanding facility, and follow interest accruals and repayments as they occur.

Accountable has been operating verification infrastructure since 2024, with institutional clients spanning market making, stablecoin reserves, tokenized vaults, and onchain credit, including Galaxy, Keyrock, RockawayX, and Valos. The K3 facility represents a structured credit arrangement between two named institutional counterparties, deployed onchain with continuous, independent verification of capital flows. It arrives as institutional allocators increasingly require continuous visibility into the positions they are underwriting, and as onchain infrastructure matures to meet that standard.

About K3 Capital

K3 Capital is a BVI-registered investment fund and a spin-off from one of the largest centralized lenders and asset managers in the digital-asset space. Since launching in 2021, the team has operated under a strict delta-neutral mandate, managing a nine-figure portfolio across multiple market regimes and liquidity conditions: from being among the earliest and largest liquidity providers on Curve and Lido during the heights of DeFi Summer to navigating the Terra Luna and FTX collapses, and the Stream Finance incident more recently. K3 Capital is among the few teams in the industry with a multi-year operating history without a single material technical or economic loss from exploits. https://www.k3.capital/

About Galaxy

Galaxy Inc. (Nasdaq: GLXY) is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. Our digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. In addition, we develop and operate cutting-edge data center infrastructure to power AI and HPC workloads. Our 1.6 GW Helios campus in Texas positions Galaxy among the largest and fastest-growing data center developers in North America. The Company is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia. Additional information about Galaxy’s businesses and products is available on www.galaxy.com.

About Accountable

Accountable is the new standard for real-time financial verification that allows institutions to prove assets and liabilities privately. Built for both traditional and crypto-native markets, the platform enables counterparties to demonstrate financial health without exposing sensitive details like API keys, wallet addresses or trading strategies. At its core is the Data Verification Network (DVN), a privacy-preserving system that powers real-time proof of both onchain and offchain activity. On top of DVN, Accountable offers Vault-as-a-Service, a framework for structuring and managing capital onchain, and YieldApp, the first marketplace built on DVN, surfacing verifiable yield opportunities. Learn more at https://www.accountable.capital/

About Monad

Monad is a high-performance, institutional-grade Layer 1 blockchain purpose-built to power the financial layer of the internet. Fully EVM-compatible, Monad delivers 10,000 TPS, 400ms block times, 800ms finality, and near-zero fees, without requiring specialised hardware. The network runs on consumer-grade machines, supporting accessible participation and decentralized network operation: over 200 independently operated validators across 30+ countries and 55+ cities secure the chain today.

About Agora

Agora is a stablecoin issuer and infrastructure platform building the monetary network for global settlement. Agora issues AUSD, an institutional-grade, fully backed U.S. dollar stablecoin built for financial products, fintechs, and applications. Agora provides the platform for treasury management, settlement, and cross-border flows.

Disclaimer

This press release is provided for informational purposes only. It does not constitute investment, legal, tax, or accounting advice. Nothing herein constitutes an offer to sell or a solicitation of an offer to buy any securities or investment products in any jurisdiction. Any participation is subject to definitive documentation and applicable law.

Digital asset credit arrangements involve substantial risk and may not be suitable for all parties. Risks include, without limitation, borrower and counterparty credit risk, collateral volatility and potential shortfalls, liquidity risk, and risks arising from the use of blockchain networks and smart contracts. You may lose some or all of the allocated assets and there is no guarantee of principal protection.

Any interest or economic terms are indicative only and not guaranteed. Fees, expenses, losses, and enforcement costs may reduce or eliminate interest and/or principal.

Availability is subject to eligibility requirements and jurisdictional restrictions. The regulatory status of digital asset products is evolving and may vary by jurisdiction. Any participants should consult their advisers before entering into any transaction.

Contact

Head of Marketing
Victoria Krapivina
Accountable
victoria@accountable.capital

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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

Virtuix Poised for Growth After Meta Launch: Omni One for Quest Drives Consumer and Commercial Demand

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New York, United States, July 27th, 2026, FinanceWire

Virtuix Holdings Inc. (NASDAQ: VTIX) is entering a new growth chapter following the launch of Omni One for Quest in collaboration with Meta. While the company will review its upcoming Q1 fiscal 2027 results on August 13, investors’ focus centers on the long-term commercial momentum sparked by this strategic product launch.

A Consumer Catalyst

The Omni One for Quest brings Virtuix’s full-body locomotion technology to Meta’s massive XR user base. With over 20 million headsets sold, Meta’s platform serves as the primary mainstream gateway for virtual reality, and integrating Omni One promises to convert casual users into deeply engaged participants.

For consumers, the value proposition is straightforward: an accessible, room-scale 360-degree treadmill that heightens immersion for gaming, fitness, and social XR without complex setup hurdles. Pre-launch demonstrations highlighted intuitive assembly and a growing content pipeline, reducing buyer hesitation and positioning Omni One as an immediate top-line catalyst.

Expanding Beyond Consumer Gaming

Beyond gaming, Omni One for Quest unlocks substantial commercial and institutional opportunities:

●  Fitness & Wellness: Full-body movement paired with gamified workouts creates new subscription opportunities and recurring software revenue.

●  Enterprise & Education: Combining Omni One hardware with Quest software enables cost-effective, repeatable simulation environments—from industrial safety drills to soft-skills training—without the overhead of custom VR rigs.

●  Defense & Healthcare: Defense clients are testing Omni One for scalable mission simulation with AI-driven analytics, while healthcare partners evaluate therapeutic applications where controlled motion tasks deliver clinical value.

Strategic Leverage of Meta’s Ecosystem

Partnering with Meta provides an ecosystem advantage far beyond branding. Virtuix gains direct access to Meta’s developer community, store distribution, and an estimated 6 million active users, initiating a virtuous growth cycle:

  1. Richer content drives hardware adoption.
  2. Increased hardware deployment incentivizes third-party development.
  3. Expanding libraries elevate user engagement and customer lifetime value.

To handle anticipated demand, Virtuix has optimized manufacturing and streamlined supply chain logistics to handle production of up to 3,000 units a month, resulting in an estimated $100 million in annual revenue potential.

Outlook: A Foundational Inflection Point

Management frames the Omni One for Quest launch not as a single-quarter boost, but as the foundation of a multi-segment growth strategy that is accelerating Virtuix’s sales momentum. If early adoption signals hold, bringing Omni One to Meta’s ecosystem could mark the defining inflection point for Virtuix’s next expansion phase.

Contact

Monica Brennan
New To The Street
support@newtothestreet.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

Press Release

Virtuix Poised for Growth After Meta Launch: Omni One for Quest Drives Consumer and Commercial Demand

Published

on

New York, United States, July 27th, 2026, FinanceWire

Virtuix Holdings Inc. (NASDAQ: VTIX) is entering a new growth chapter following the launch of Omni One for Quest in collaboration with Meta. While the company will review its upcoming Q1 fiscal 2027 results on August 13, investors’ focus centers on the long-term commercial momentum sparked by this strategic product launch.

A Consumer Catalyst

The Omni One for Quest brings Virtuix’s full-body locomotion technology to Meta’s massive XR user base. With over 20 million headsets sold, Meta’s platform serves as the primary mainstream gateway for virtual reality, and integrating Omni One promises to convert casual users into deeply engaged participants.

For consumers, the value proposition is straightforward: an accessible, room-scale 360-degree treadmill that heightens immersion for gaming, fitness, and social XR without complex setup hurdles. Pre-launch demonstrations highlighted intuitive assembly and a growing content pipeline, reducing buyer hesitation and positioning Omni One as an immediate top-line catalyst.

Expanding Beyond Consumer Gaming

Beyond gaming, Omni One for Quest unlocks substantial commercial and institutional opportunities:

●  Fitness & Wellness: Full-body movement paired with gamified workouts creates new subscription opportunities and recurring software revenue.

●  Enterprise & Education: Combining Omni One hardware with Quest software enables cost-effective, repeatable simulation environments—from industrial safety drills to soft-skills training—without the overhead of custom VR rigs.

●  Defense & Healthcare: Defense clients are testing Omni One for scalable mission simulation with AI-driven analytics, while healthcare partners evaluate therapeutic applications where controlled motion tasks deliver clinical value.

Strategic Leverage of Meta’s Ecosystem

Partnering with Meta provides an ecosystem advantage far beyond branding. Virtuix gains direct access to Meta’s developer community, store distribution, and an estimated 6 million active users, initiating a virtuous growth cycle:

  1. Richer content drives hardware adoption.
  2. Increased hardware deployment incentivizes third-party development.
  3. Expanding libraries elevate user engagement and customer lifetime value.

To handle anticipated demand, Virtuix has optimized manufacturing and streamlined supply chain logistics to handle production of up to 3,000 units a month, resulting in an estimated $100 million in annual revenue potential.

Outlook: A Foundational Inflection Point

Management frames the Omni One for Quest launch not as a single-quarter boost, but as the foundation of a multi-segment growth strategy that is accelerating Virtuix’s sales momentum. If early adoption signals hold, bringing Omni One to Meta’s ecosystem could mark the defining inflection point for Virtuix’s next expansion phase.

Contact

Monica Brennan
New To The Street
support@newtothestreet.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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