Press Release
Lumino, lightening up the world of secure multi-party computation
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.
Istanbul, Turkey, July 1st, 2026, FinanceWire
Regulatory approval marks a key milestone toward building Freedom’s full-service financial platform in Türkiye
Freedom Finansal Hizmetler A.Ş., a subsidiary of Freedom Holding Corp. (NASDAQ: FRHC), an international diversified financial services group operating in more than 20 countries, today announced that Türkiye’s Banking Regulation and Supervision Agency (BRSA) and Competition Authority of Türkiye has approved its planned acquisition of 99.32% of the share capital of Turkish Bank A.Ş.
BRSA approval is an important step toward completing the transaction and supports Freedom Holding Corp.’s strategy to build integrated financial services platforms in selected growth markets. Upon closing, Turkish Bank A.Ş., a Turkish banking institution with a history dating back to 1982, will become part of the Group’s regional platform in Türkiye, alongside its brokerage, investment and capital markets businesses.
“Türkiye is a strategic market for Freedom, and we are entering it with a clear understanding of what we want to build. In Kazakhstan, we have already proven that a digital ecosystem can become part of people’s everyday lives. In less than two years since its launch, Freedom SuperApp has reached 5.67 million users and has become one of the country’s fastest-growing digital services. We have brought financial services and advanced digital products together on a single platform, allowing them to complement and strengthen one another,” said Timur Turlov, founder and Chief Executive Officer of Freedom Holding Corp.
“This is the experience we intend to bring to the Turkish market, where the potential client base could be four to five times larger than in Kazakhstan. The acquisition of a bank creates the foundation for scaling a model that has already proven its effectiveness, and BRSA approval is an important step toward launching it in Türkiye,” Turlov added.
Following completion of the acquisition, Turkish Bank will continue to operate under Turkish regulatory supervision and will gain access to Freedom’s expertise in digital financial services, technology-driven distribution and client-focused product development.
BRSA approval also comes as Freedom Holding is in the final stage of establishing its brokerage business in Türkiye. Final authorization from the Capital Markets Board of Türkiye would allow the Group to expand its financial products and services for retail, affluent and high-net-worth clients, as well as small and medium-sized businesses and corporate clients.
The Bank is expected to support Freedom’s regional strategy by enabling deeper integration of banking services, capital markets, insurance and cross-border financial solutions. Over time, the model may be expanded through non-financial services, including e-commerce, telecommunications and lifestyle offerings.
“BRSA approval is an important step toward implementing our strategy in Türkiye,” said H. Cenk Eynehan, Chief Executive Officer of Freedom Finansal Hizmetler A.Ş. “Following completion of the transaction, we will have the opportunity to combine the heritage and market position of an established Turkish banking institution with Freedom’s technology, entrepreneurial culture and international expertise. Our priority will be to create additional value for clients through innovation, accessibility and an expanded range of financial products and services.”
Freedom plans to implement a modernization and growth program focused on digital transformation, client channels, product expansion and operational efficiency. Integration will focus on technology infrastructure, client experience, product development and cooperation among Freedom’s Turkish business lines.
The transaction is expected to expand Freedom Holding Corp.’s presence across Eurasia, the Middle East and Central Asia and support the Group’s long-term investment strategy in selected growth markets.
The Freedom Holding Corp.’s banking business is already present in Tajikistan. In November last year, The Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market granted the holding company approval to establish a bank in Georgia. In early June, Freedom Holding Corp. submitted an application to the French regulator for a banking license. Timur Turlov noted that the company plans to invest approximately €500 million in developing its digital ecosystem in France.
About Freedom Holding Corp.
Freedom Holding Corp. provides financial services in 22 countries, including Kazakhstan, the United States, Cyprus, Poland, Spain, Uzbekistan, and Armenia. The Company’s principal executive office is located in New York City. In Kazakhstan, Freedom is actively developing its financial and digital ecosystem, which includes Freedom Bank, Freedom Broker, the insurance companies Freedom Life and Freedom insurance, as well as a lifestyle segment that features Arbuz.kz, Freedom Ticketon, and Aviata. Freedom Holding Corp. shares are traded on the U.S. technology exchange NASDAQ, the Kazakhstan Stock Exchange (KASE), and the Astana International Exchange (AIX) under the ticker symbol FRHC. Freedom Holding Corp. is regulated by the U.S. Securities and Exchange Commission (SEC) and the common stock is included in Russell 3000 Index.
Freedom Finansal Hizmetler A.Ş., a wholly owned subsidiary of Freedom Holding Corp., was established in 2022 to support the Group’s expansion in Türkiye’s financial services sector. The company focuses on financial consulting and investments across banking, insurance, capital markets, payment systems and other financial services, including supporting the capitalization and development of portfolio companies.
In 2025, the Capital Markets Board of Türkiye granted the company an establishment license. Freedom Yatırım Menkul Değerler A.Ş. was subsequently established and is working toward obtaining an operating brokerage license upon meeting the regulator’s requirements
Turkish Bank A.Ş. is a commercial bank operating in Türkiye and a member of TurkishBank Group. The bank provides a range of financial services, including corporate, commercial and retail banking solutions.
TurkishBank Group, established in 1901, is a privately owned financial services group operating across Türkiye, the Turkish Republic of Northern Cyprus and the United Kingdom. The Group provides banking, financial and wealth management solutions through an international network.
Contact
Head of Public Relations
Natalia Kharlashina
Freedom Holding Corp.
prglobal@ffin.kz
+77013641454
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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.
This summer, global comfort-fashion brand EKOUAER welcomes Hollywood actress and style icon Vanessa Hudgens as its Brand Friend. Rooted in a shared belief that true comfort empowers rather than constrains, the partnership champions confidence, authenticity, and female strength—rejecting fleeting trends in favor of clothing that genuinely supports women in their daily lives.
From Icon to New Mom
For Vanessa, 2026 marks a turning point: from the teenage icon of High School Musical to a new mother and working woman, she moves effortlessly between multiple roles while maintaining her signature natural ease. This perfectly mirrors the brand spirit of EKOUAER. The collaboration, themed “My Comfort Era,” reflects both her life philosophy and the brand’s enduring conviction—that when women stop measuring themselves by external standards, and when the tug-of-war between career and family transforms into a conscious inner order, comfort becomes a choice that is both intentional and powerful.
Vanessa was drawn to EKOUAER’s sincerity,from fabric to fit, every design is built around real women’s lives, with no excess or anxiety, only thoughtful companionship. “Comfort is strength,” she believes, and she joins the brand to spread that message worldwide.
Crafted Design That Defines Comfort as Strength
A fan favorite on Amazon, EKOUAER has earned global loyalty through premium fabrics, ergonomic tailoring, and a deep understanding of modern women’s lives. Alongside this announcement, the brand is launching a range of summer essentials — featuring its signature soft, breathable fabrics now upgraded with machine-washable convenience and draped silhouettes that balance beauty with practicality, so everyday dressing never feels like a burden.
A New Chapter with Women Everywhere
This partnership is both a global milestone and a heartfelt resonance with modern women. Vanessa brings vibrant energy to “My Comfort Era,” while EKOUAER offers quiet, crafted support to every woman navigating life’s many stages.
“Comfort is not a compromise—it is the best expression of inner strength,” says Sidney Sun, CMO of EKOUAER. Together with Vanessa, the brand invites every woman to step into her own Era of Comfort—free from anxiety, true to herself, and beautifully authentic. A new chapter begins now. Be real. Be comfortable. Be entirely your own.
EKOUAER
Dana Li
New York, US
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
PersonalHour Expands Manufacturing and Fulfillment Operations Across the United States
PersonalHour is a Pilates equipment and wellness technology company based in Dublin, Ohio. The company designs and manufactures home Pilates reformers, including the Janet Elite Plus, and provides fulfillment, delivery, and customer support services to buyers across the United States.
DUBLIN, Ohio PersonalHour, a Pilates equipment and wellness technology company, has opened a dedicated manufacturing workshop for a walnut-wood version of its Janet Elite Plus Pilates reformer and expanded its fulfillment operations to serve customers in 16 states.
The walnut workshop and the fulfillment expansion are intended to address two areas the company has identified as priorities: product construction and delivery times for large equipment shipped to customers’ homes.
“A Pilates reformer is not just a product, it is something customers live with for years,” said Nadia Yacoub, founder and CEO of PersonalHour. “Our goal with this expansion is to improve both the construction of the Janet Elite Plus and the experience customers have getting it into their homes.”
The Janet Elite Plus, named after Yacoub’s mother, was introduced as a home Pilates reformer designed to replicate the experience of studio-quality equipment. The new workshop focuses on walnut wood construction, an option intended to expand the line’s material offerings.
According to the company, the workshop’s scope includes wood selection and finishing, visual consistency in craftsmanship, additional aesthetic options, and quality inspections during production.
PersonalHour has also expanded its fulfillment operations to cover 16 states, a move the company says is intended to shorten delivery timelines and improve inventory availability in those markets.
The company said the expansion is part of a broader effort to position inventory closer to customers and to address common industry challenges such as long delivery windows and freight coordination for oversized shipments.
Shipping times, communication during delivery, and support after a reformer arrives,” Nadia Yacoub said. “Those are areas where customers have told us experience matters as much as the equipment itself.”
The announcements come as demand for home Pilates equipment has grown in the United States, with some consumers seeking alternatives to studio memberships. PersonalHour expects to share additional updates related to product development and operations later in 2026.
About PersonalHour
PersonalHour is a Pilates equipment and wellness technology company based in Dublin, Ohio. The company designs and manufactures home Pilates reformers, including the Janet Elite Plus, and provides fulfillment, delivery, and customer support services to buyers across the United States. PersonalHour also operates an online platform offering Pilates-related educational content and resources.
Media Contact
Organization: Personal Hour
Contact Person: Joseph Shomali
Website: https://personalhour.com/
Email:
info@personalhour.com
City: Columbus
State: Ohio
Country:United States
Release id:40725
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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.
Freedom Holding Corp. Receives BRSA Approval to Acquire Turkish Bank
Official ! Vanessa Hudgens Joins EKOUAER as Brand Friend to Launch “My Comfort Era”
PersonalHour Expands Manufacturing and Fulfillment Operations Across the United States
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