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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

FreeWill Exchange Launches in Spain: A Secure Hybrid CEX+DEX Platform

Published

17 hours ago

on

November 29, 2025

By

FreeWill Exchange has officially entered the Spanish market, bringing its innovative CEX+DEX hybrid model to local users. Committed to localization, FreeWill offers a Spanish interface and dedicated support while ensuring top-tier security through AI risk management and cold/hot wallet segregation. The platform aims to provide a secure, transparent, and efficient trading environment for investors in Spain.

Denver, Colorado, United States, 29th Nov 2025 – With the rapid growth of the cryptocurrency market, more and more users are wondering how to enjoy a more efficient and transparent trading experience without sacrificing security. In this context, FreeWill Exchange (hereinafter, “FreeWill”), a leading cryptocurrency exchange platform founded in 2019 and based in the state of Colorado (United States), is entering the Spanish market with the mission of offering a secure, transparent, and all-in-one cryptocurrency trading service, under the vision of “Free Will · Connecting the Future.” FreeWill’s entry into Spain represents a new step in its international expansion strategy and brings with it a renewed trading experience for Spanish users.


        The most notable feature of FreeWill is its innovative CEX+DEX hybrid model, which combines the advantages of centralized (CEX) and decentralized (DEX) exchanges in a balanced way. The platform combines the matching engine and market depth of a CEX, providing high liquidity and fast execution, while integrating the self-custody and transparency of a DEX, allowing users to maintain greater control over their assets. Thanks to this one-stop switching experience, FreeWill can meet the needs of very different profiles: from professional investors who prioritize speed and efficiency, to users who value above all else the security of their funds and the protection of their privacy.

          In terms of security, FreeWill has been designed to the highest standards, with the aim of offering users a first-rate level of protection. The platform applies multiple layers of encryption to ensure that transaction and fund information is protected from external threats. The separation between cold and hot wallets further reduces the risk of third-party attacks. In addition, FreeWill uses an AI-based risk management system that monitors trading behavior in real time to detect and mitigate potential security risks. At the same time, the platform has a rigorous due diligence process for adding new assets, ensuring that each listed token meets security and regulatory compliance criteria, thereby reducing potential risks for investors.
FreeWill’s business scope covers both spot and derivatives trading, offering users a wide range of options on digital assets. The platform supports trading with USDC and other major stablecoins, strengthening the liquidity of the ecosystem. In addition, FreeWill offers users savings and yield-generating products, providing more alternatives for managing their assets. For innovative projects, FreeWill has launched a specific channel for the initial launch and incubation of new tokens, with the aim of supporting high-quality initiatives and helping emerging projects access the market more easily. This approach demonstrates that FreeWill is not only a trading platform, but also an active driver of innovation and development in the crypto sector.
To better adapt to the Spanish market, FreeWill has made a clear commitment to localization. The platform offers an interface and content in Spanish, so that users can trade and manage their assets without language barriers. Likewise, customer service is adapted to Spain’s time zones and operational needs, ensuring quick responses and timely support. FreeWill also places special importance on regulatory compliance: it strictly adheres to local laws and regulations and actively promotes education on cryptocurrencies, helping users in Spain to better understand how the crypto market works and the risks associated with investing.
            In this phase of entry into Spain, FreeWill particularly highlights three distinctive advantages of its platform: its hybrid trading model, its robust security system, and its new project incubation channel. By combining the best of CEXs and DEXs, FreeWill not only offers an efficient trading experience but also ensures a higher level of fund protection and operational transparency. At the same time, the incubation and launch channel for new tokens positions FreeWill as the “first stop” for initial launches, providing emerging projects with a reliable foundation and contributing to the continuous innovation of the crypto ecosystem.
           The arrival of FreeWill Exchange promises to introduce a new dynamic to the Spanish cryptocurrency market. Thanks to its hybrid model, secure trading environment, and innovative channel for launching new assets, FreeWill not only offers Spanish users a revamped platform for trading cryptocurrencies, but also sets a new standard for the future development of crypto markets on a global scale. As the platform continues to evolve, FreeWill will remain true to its mission of “Free Will · Connecting the Future,” driving a healthier, more transparent, and innovative cryptocurrency market.
For more information, visit the official website freewillex.com, or download the official app for Android/iOS.
Android: https://psce.pw/8b7smy
iOS: https://apple.freewillex.com

Media Contact

Organization: Freewill Exchange Ltd

Contact Person: JEROLD FRANK KUTZ

Website: https://www.freewillex.com/

Email: Send Email

Contact Number: +17192581442

Address:1144 15th St, Denver, CO 80202, US

City: Denver

State: Colorado

Country:United States

Release id:38145

The post FreeWill Exchange Launches in Spain: A Secure Hybrid CEX+DEX Platform appeared first on King Newswire. 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. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Free Will Exchange: Comprehensive Security for Assets and Accounts

Published

17 hours ago

on

November 29, 2025

By

FreeWill Exchange prioritizes user security by implementing AI-based risk management and a strict separation of cold and hot wallets. With comprehensive measures like 2FA, address whitelisting, and real-time monitoring, FreeWill ensures maximum protection for both user accounts and digital assets while maintaining full transparency.

       With the rapid development of the cryptocurrency market, users’ demands for trading platform security are increasing. Especially after several security incidents in the industry, the issue of how to ensure the security of both assets and user accounts has become a focus of attention. In this context, FreeWill, as a leading global cryptocurrency exchange platform, places security at the center of its development strategy. Through the combined use of multiple advanced technologies—such as AI-based risk management systems, cold and hot wallet separation, and 2FA authentication—the platform has built a comprehensive end-to-end protection system designed to safeguard both user assets and accounts.
        When it comes to account security, FreeWill implements a variety of measures to comprehensively raise the level of protection. First, the platform uses two-factor authentication (2FA), providing an additional layer of security for each user. When logging in or making withdrawals, users must verify their identity via mobile phone or other devices, effectively reducing the risk of account theft. In addition, FreeWill offers an address whitelist feature, which limits withdrawal operations to pre-authorized addresses, thereby reinforcing the security of fund movements. At the same time, the platform employs an intelligent risk management system that monitors logins and withdrawal requests in real time, with the ability to quickly detect and block any anomalous behavior, ensuring account security.

        For asset security, FreeWill also adopts a defense-in-depth approach, ensuring that funds are protected at all times. The platform uses multi-signature technologies and a strategy of separating cold and hot wallets; most assets are stored in cold wallets, minimizing the impact of potential external attacks. At the same time, key fragmentation technology divides and encrypts each private key so that no single fragment is useful on its own, dramatically reducing the likelihood of key leakage or fund theft. To further enhance security, FreeWill maintains 24/7 monitoring of assets, with a security team ready to respond immediately to any potential incidents, ensuring that user funds remain in a state of maximum protection.
          In order to ensure that each new asset listed meets security standards, FreeWill has established a strict onboarding process. The platform conducts thorough due diligence on each token to be listed, including auditing the smart contract code to ensure there are no vulnerabilities. In addition, FreeWill collaborates with multiple auditing and regulatory compliance entities that perform comprehensive reviews of each asset prior to onboarding, verifying that it complies with industry standards and legal requirements. By defining risk management and compliance thresholds, FreeWill further strengthens the security of the listing process so that each user’s investment can be protected to the maximum extent possible.
         In terms of transparency, FreeWill is guided by the principle of “openness and transparency” and regularly publishes platform security reports, showing users the latest status of the system’s secure operation. The platform also provides proof of reserves (where applicable), allowing users to clearly understand the status of FreeWill’s asset reserves, which increases confidence in the platform. FreeWill also presents its fee structure in an open and transparent manner, so that users can clearly understand the fees applicable to their transactions, with no hidden costs.
          In the area of education and awareness, FreeWill places special importance on providing security training to Spanish users. The platform has launched anti-phishing guides to help users identify and prevent identity theft attacks. Through regular educational activities and online courses, FreeWill provides users in Spain with best practices for self-custody, teaching them how to manage their crypto assets securely. Through these training initiatives, the platform aims to raise awareness of security issues so that users can operate in the world of cryptocurrencies with greater confidence and peace of mind.
           Through continuous innovation and constant improvement of its security system, FreeWill is committed to providing a more secure, transparent, and user-friendly trading environment. From accounts to assets, and from the addition of new tokens to reports and commissions, every link in the chain reflects the importance the platform places on security. As FreeWill continues to grow, it will continue to promote the healthy development of the cryptocurrency exchange industry based on user protection, offering higher quality services to investors around the world.
For more information, visit the official website freewillex.com, or download the official app for Android/iOS.
Android: https://psce.pw/8b7smy
iOS: https://apple.freewillex.com

Media Contact

Organization: Freewill Exchange Ltd

Contact Person: JEROLD FRANK KUTZ

Website: https://www.freewillex.com/

Email: Send Email

Contact Number: +17192581442

Address:1144 15th St, Denver, CO 80202, US

City: Denver

State: Colorado

Country:United States

Release id:38146

The post Free Will Exchange: Comprehensive Security for Assets and Accounts appeared first on King Newswire. 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. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

CARE MENA gathers the region’s most influential climate and sustainability leaders as its inaugural edition in Dubai

Published

20 hours ago

on

November 29, 2025

By

Dubai, UAE, 29th November 2025, ZEX PR WIRE, CARE MENA 2025, the Climate Action, Renewable Energy and Sustainability Forum by Trescon, is uniting the MENA region’s top policymakers, investors, and innovators at Madinat Jumeirah to advance sustainability, catalyse climate innovation, influence regional policy, and highlight the leaders defining MENA’s climate and ESG agenda. CARE is co-located with DATE, a Digitization, AI & Emerging Technology Summit.

Naveen Bharadwaj, CEO of Trescon, opened the Forum calling for decisive regional collaboration to scale sustainable solutions, emphasising the urgent need for coordinated action to drive measurable climate impact across MENA. Reflecting on the Forum’s significance, he said: “CARE MENA has been an extraordinary showcase of leadership, innovation, and collaboration. Over two days, we’ve witnessed the region’s top minds come together advance transformative climate action, share bold ideas, and celebrate those leading the way. The discussions, innovations, and awards from this Forum will resonate across MENA for years to come.”

During his keynote address, Dr Faisal Rashid, Senior Director at the Dubai Supreme Council of Energy, highlighted Dubai’s Net Zero ambitions and underscored its role as a benchmark for climate action across the region.

CARE convened the region’s most influential climate and sustainability leaders from the UAE, KSA, Lebanon, Kuwait, and beyond, driving high-level discussions on ESG leadership, climate innovation, sustainable finance, and transformative industry practices. Through a curated programme of panels, fireside dialogues, and executive roundtables, delegates exchanged insights, forged strategic partnerships, and propelled initiatives set to shape the region’s climate and sustainability agenda.

Speaking in here session, Alice Spencer, Executive Director of Education, Cambridge Institute for Sustainability Leadership, UK noted, “Industry collaboration is so important and will require aviation execs to step out of their usual patterns of leadership. Collaborating on shared problems in supply chain and technology then competing on product and service will be key to mobilise change at scale of industry.”

Innovation remained central to the Forum. At CARE Launchpad, thought leaders from across the region presented pioneering research, whitepapers, and major announcements, showcasing solutions set to accelerate MENA’s climate and sustainability agenda., demonstrating solutions capable of transforming climate resilience and operational sustainability across MENA. Student-led innovations impressed the attendees at the CARE Innovation Programme, demonstrating the next generation of sustainability, climate and solutions with the power to achieve impressive impact in addressing climate challenges.

“CARE has truly set the benchmark for sustainability and climate leadership in the region,” said Alex Pavan, Founder & CEO of emtribe. He continued, “The collaboration between policymakers, innovators, and investors is driving real-world solutions that will shape a low-carbon, resilient, and future-ready MENA economy.”

Five shortlisted start-ups went head-to-head at the ClimateTech World Cup, presenting pioneering solutions, engaging top investors, and earning mentorship, fast-tracking the next generation of climate innovators toward transformative impact. Circa Biotech emerged as the winner for their innovative waste management solutions.

Later today, the CARE ESG Awards by Trescon and ESG Mena, will recognise the region’s most outstanding leaders, organisations, and innovators shaping the future of sustainability, clean energy, climate resilience, and responsible growth.

Over two days, CARE MENA 2025 has drawn more than 1,000 attendees and 60+ speakers, including policymakers, investors, industry leaders, and innovators from over 30 countries. The exhibition floors have been abuzz with demonstrations, research unveilings, and partnership discussions, reinforcing the Forum’s position as the region’s premier platform for climate innovation, collaboration, and investment.

CARE MENA is Powered by emtribe, with CERO HERO and Enjazponic as Gold Sponsors, and S&P Global as the Silver Sponsor.

For more information, visit https://careforsustainability.com/mena/

Follow the conversation on LinkedIn and Instagram.

For media enquiries, contact:

Shadi Dawi

Global Director – PR and Media

M: +971 55 498 4989 | E: shadi@tresconglobal.com

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Cloud PR Wire

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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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