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Lumino Secure Multi-Party Computing: A New Generation Of Data Security Sharing Solution

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4 years ago

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The Dilemma Of Digital Economy

The most critical and cardinal element of the digital economy is data. Data is the “oil” of digital economy. Hence, utilizing the “data oil” safely and efficiently is the focal point of global economic digital transformation. On the one hand, the digital economy has entered a high-speed development age. The global digital economy has reached 36.2% of global GDP. It is necessary to open up the “data island” among enterprises and establish an open and shared digital resource environment. On the other hand, the public is paying more and more attention to personal privacy and data security, and regulators have introduced a series of regulations to ensure information security. For example, car companies buy parts back and assemble them into cars, the ownership belongs to the car companies, while parts manufacturers also make it clear that once the parts are sold to factories, the factories have ownership. But the data level is more sensitive. Personal data include the face, voice, name, height and other sensitive personal privacy specifics. How to define the ownership of the data between these parties? At present, there are no clear legal provisions, nor the industry has clear answers. In foreign practice, the EU has made very strict data protection regulations, but the entire EU data information technology industry lags behind China and the United States.

Because data protection is too strict, data from different sources do not interact, data is not open and can not interact to generate value and to improve the efficiency of the economy as a whole. The EU is not a good example, because it does not balance the relationship between data privacy protection and the development of the data industry.

Privacy protection and data security need multi-party promotion

Facing the dilemma of data security and sharing, the “available and invisible” secure multi-party computing provides us with an innovative solution.

Secure multi-party computing is a calculation process performed by multiple participants. Multi-party computing technology includes inadvertent transmission, secret sharing and confusing circuit. Multi-party computing has the advantage of high confidentiality and maneuverability, and each party has absolute control over the data it owns. Secure multi-party computing can be applied to networks where participants are not trusted. Participants can know the agreed results of collaborative computation, but they can’t get or deduce the original contents of the data. The flow of data and the collaborative analysis are of great value in all industries, and have brought about a lot of application demands. There are two main scenarios in the market:

1) Data security query

In the big data age, the data that the enterprise holds itself often cannot satisfy the demand of business analysis, many enterprises will purchase the external data to expand the data source. When an enterprise uses an external database to query, it faces the risk of divulging the query condition information. MPC technology helps enterprises to set up a secure query to obtain more external data under the condition of ensuring their own data security, thereby deepening the digital transformation and making better use of big data technology to optimize business.

2) Data joint analysis

Joint analysis often faces two headwinds. On one hand, it is illegal to trade personal privacy information. On the other hand, data sharing makes data-holding companies lose their competitive edge. MPC technology, through inadvertently querying, makes the data not public, the query object not exposed, and the results can be correctly given feedback for, which has an important application in the financial risk control business.

Lumino: new ideas for secure multi-party computing

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. The activity now focuses on the PLONK algorithm. As a practical and efficient zk-SNARK algorithm, PLONK is often used in blockchain projects and communities, which is characterized by only one-time initialization process, i. e. running once, it can be used to support a variety of underlying circuit logic and multi-class application deployment.

Lumino’s vision, from the start, was to link the world’s cryptographic geeks to become co-creators and witnesses of privacy computing infrastructure, not just an event but a ritual. We changed the method of centralizing system parameters into a distributed one. For a truly community-based and open-source blockchain ecosystem, each of which is the most critical link, and each participant who joins makes the bottom one safer, which would be a ceremonial collective wisdom.

Lumino is the cornerstone of subsequent de-centering privacy protection applications based on zero-knowledge proof, and the subsequent de-centralization applications will be safer only if the activity is safely completed.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Coinsult Sets the Standard in Smart Contract Audits With Proven Track Record and Introduces New Dashboard

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17 minutes ago

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June 15, 2025

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Coinsult, a leading smart contract auditing firm, continues to solidify its position as a trusted authority in the blockchain security space. Known for its rigorous audit processes, transparent communication, and client-first approach, Coinsult has successfully completed over 2,500 smart contract audits since 2021, establishing itself as a reliable partner for both emerging and established Web3 projects.

Coinsult’s auditing services are highly sought after by blockchain projects looking to ensure the safety and integrity of their smart contracts. The company works closely with project teams to identify vulnerabilities, enhance code security, and ensure compliance with industry best practices.

Notable partners and clients include leading names such as PinkSale, Unicrypt, Gempad, and DxSale, reinforcing Coinsult’s standing as a trusted audit provider across major launchpads and DeFi platforms. Additionally, strategic collaborations with Coinsniper, Dexview, and the marketing firm Cryptic further solidify Coinsult’s prominent position in the space, showcasing its pivotal role in shaping the future of secure, transparent blockchain projects.

In line with its mission to make the blockchain more secure and accessible, Coinsult recently launched its new dashboard at app.coinsult.net. This dashboard provides real-time insights and analytics for listed projects. The platform provides a modern, intuitive interface and enhances transparency, communication, and data visualisation throughout the project’s lifecycle.

“Our focus has always been to provide thorough and reliable audits while maintaining strong relationships with our clients,” said a Coinsult spokesperson. “With the launch of our new platform, we’re taking that commitment even further, introducing a powerful real-time data dashboard that gives projects exceptional visibility. From live price data and holder insights to community metrics and AI agents (fine tuned per project), we are delivering continuous analysis and we are enabling teams to stay informed and proactive without compromising on audit quality or security.”

Coinsult’s continued growth is fueled by its commitment to quality, fast turnaround times and personalized support. By staying ahead of emerging threats and continuously refining its methodologies and technologies, Coinsult remains a cornerstone of trust in the Web3 space.

To request an Audit or list your token on the Coinsult Dashboard contact Coinsult at:

https://t.me/coinsult_tg

About Coinsult

Coinsult is a leading smart contract auditing firm specializing in blockchain security for DeFi, token launches, and Web3 applications. With a portfolio of over 2,500 audits and trusted by major platforms including PinkSale, Unicrypt and Gempad, Coinsult is known for its meticulous analysis, responsive service, and dedication to safeguarding blockchain ecosystems. The company is committed to raising the standard of security through innovation, transparency, and collaboration.

To explore the comprehensive service offered by Coinsult visit https://coinsult.gitbook.io/coinsult/services/all-services

Media Contact:

Contact person: Michael Kaats

Email: info@coinsult.net

Website: https://coinsult.net

Dashboard: https://app.coinsult.net

SOURCE: CoinsDo PTE LTD

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Press Release

Investors Abandons Cloud’s Mining as Lithium LLC Dominates Passive Crypto Income Space

Published

16 hours ago

on

June 14, 2025

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Manchester, Uk, 14th June 2025, ZEX PR WIRE, With cloud mining fatigue hitting an all-time high, smart crypto investors are turning to Lithium.Finance  AI-powered trading bots for real, daily returns without the risk of outdated platforms.

The crypto industry is shifting. As confidence in cloud mining dwindles due to countless copycat schemes and failed promises, a growing wave of investors is moving to https://lithium.finance  a next-generation platform that delivers stable, transparent income through automated trading bots.

Cloud Mining Had Its Moment Now It’s Over

For years, cloud mining promised effortless returns and easy passive income. But behind the bonuses and dashboards, many platforms offered nothing more than recycled models, vague infrastructure claims, and questionable longevity.

Today, investors are exhausted. They’ve seen enough fake “hash power” and unsustainable referral programs.

That’s where Lithium LLC comes in. No mining. No smoke and mirrors. Just real-time algorithmic trading that generates real profits every single day.

The Future Is Automated, Transparent, and Already Paying Out

 https://lithium.finance , the company’s flagship bot product, allows users to select tailored strategies that run 24/7 on live crypto markets. There’s no guesswork, no trading experience required, and no locking funds into vague contracts.

Daily profits are based on actual trading activity, not speculative math. Funds remain accessible at all times, and users have full visibility into the performance of their capital.

Early adopters are already seeing results and the window to benefit before the next wave catches on is narrowing fast.

Why Lithium LLC Is Taking Over the Passive Income Conversation

  • Real trading, not simulated earnings
  • Transparent results with daily performance tracking
  • Withdrawals anytime, no lockups or hidden fees
  •  AI-backed strategies with customization risk settings
  • Built for long-term stability, not short-term hype

 About Lithium LLC

Lithium LLC is a fintech company reshaping how crypto investors earn passive income. With a focus on security, transparency, and market-driven automation, Lithium empowers users to grow their crypto holdings without relying on outdated or unproven models.

Visit to learn more or get started.

https://lithium.finance

For more inquiries: info@lithium.finance

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Press Release

Dallas Agency Breaks Industry Norms with Risk-Free Reputation Management Trial for Small Businesses

Published

20 hours ago

on

June 14, 2025

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United States, 14th Jun 2025 – In a bold move to shake up the digital marketing industry, Dallas-based agency ReviewOverhaul has launched a no-risk, no-credit-card-required trial for its full-service local SEO and online reputation management program.

At a time when most marketing firms hide trials behind paywalls and fine print, ReviewOverhaul is going the opposite direction—eliminating all financial barriers for small businesses ready to take control of their online presence.

“Our goal is simple: earn trust before asking for a commitment,” said Alvin Russell, founder of ReviewOverhaul. “We’re tired of seeing small businesses get caught in so-called ‘free trials’ that require credit cards and lock them into contracts. This is different. We prove our value first.”

The free trial includes full access to ReviewOverhaul’s robust suite of services:

  • Real-time review monitoring across major platforms
     
  • Ethical review generation strategies that build authentic customer feedback
     
  • Google Business Profile optimization to boost visibility in local searches

With over a decade of experience, ReviewOverhaul has built a reputation for transparency and results, helping hundreds of small businesses in the Dallas-Fort Worth area compete online without resorting to gimmicks or high-pressure sales.

“We’re not about the hype,” added Russell. “We’re about helping real businesses grow sustainably—and that starts with trust.”

Try It Free

Small business owners can sign up for the risk-free local SEO trial today at:
 https://reviewoverhaul.com/local-seo/

About ReviewOverhaul
Founded in 2013 and headquartered in Lewisville, Texas, ReviewOverhaul specializes in local SEO, review management, and digital presence strategies designed specifically for small businesses. The agency prides itself on ethical practices, real results, and putting clients first.

 

Media Contact

Organization: Review Overhaul

Contact Person: Alvin Russell

Website: https://reviewoverhaul.com/

Email: Send Email

Country:United States

Release id:29092

View source version on King Newswire:
Dallas Agency Breaks Industry Norms with Risk-Free Reputation Management Trial for Small Businesses

This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release.

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