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

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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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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

Giggso Introduces Raven, Andie, and AIRTaaS to Help Enterprises Bring Discipline, Reasoning, and Security to AI Adoption

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TROY, Mich., May 26th, 2026, ZEX PR WIRE — Enterprises are moving faster with AI than ever before. But many are also quietly losing comprehension of the systems they are building.

Engineering teams now generate code, workflows, automations, and AI-driven decisions at unprecedented speed using tools like Claude, Codex, Cursor, and enterprise copilots. While productivity has increased, organizations are also experiencing a new operational challenge: more meetings, fragmented workflows, inconsistent outputs, security concerns, architecture drift, and growing difficulty understanding how systems actually work together.

Giggso calls this problem “comprehension debt” — the growing gap between AI-generated velocity and organizational understanding.

Today, Giggso announced Raven, Andie, and AIRTaaS, three offerings designed to help enterprises reduce comprehension debt and bring discipline, reasoning, and continuous security testing into AI adoption at scale.

Together, the offerings form the front door into GSD (Giggso Security Domain), Giggso’s broader architecture for governing, securing, and operationalizing enterprise AI systems.

“At a small scale, AI feels magical,” said Ravi Venugopal, Founder and CEO of Giggso. “At enterprise scale, it can quickly become operational chaos. Teams move faster, but understanding drops. Meetings increase. Ownership blurs. AI starts producing more than organizations can realistically comprehend or govern. That is the problem we are solving.”

At the center of the announcement is Raven, Giggso’s discipline layer for AI-assisted software development.

Raven is designed to help organizations enforce engineering discipline inside AI-driven development workflows before problems reach production. Rather than acting as a traditional code scanner after development is complete, Raven introduces governance, architecture awareness, policy enforcement, and review controls directly into AI-assisted coding environments.

The platform helps organizations identify risks such as:

  • architecture drift
  • unapproved libraries
  • exposed secrets
  • policy violations
  • insecure dependencies
  • undocumented AI-generated logic
  • uncontrolled AI usage patterns

The goal is not to slow development, but to preserve organizational understanding as teams move at AI speed.

“AI can now generate code faster than teams can comprehend it,” Ravi said. “Without discipline, enterprises accumulate technical debt, security exposure, and operational confusion at machine speed. Raven helps organizations preserve engineering quality and architectural understanding while still moving fast.”

Giggso also introduced Andie, a structured reasoning engine designed to help enterprises improve contextual thinking and operational decision-making across teams.

Unlike traditional chatbot-style AI interfaces that generate isolated answers, Andie is designed to help organizations reason through problems with context, constraints, and multiple perspectives in mind. The platform is intended to support operational workflows across delivery, strategy, planning, support, and execution environments.

Giggso believes one of the biggest failures in enterprise AI adoption is not a lack of intelligence, but a loss of shared understanding.

“Most organizations do not need another chatbot,” Ravi said. “They need systems that help teams think more clearly together. AI should reduce confusion, not multiply it. Andie is designed to strengthen organizational reasoning, preserve context, and reduce the fragmentation that happens when every team operates with disconnected AI outputs.”

To address the growing security risks around enterprise AI adoption, Giggso is also expanding AIRTaaS, its AI Red Teaming as a Service platform.

As enterprises deploy AI agents, copilots, retrieval systems, and autonomous workflows into production, traditional security testing approaches are increasingly insufficient. AI systems can fail through prompt injection, hallucinations, role-boundary violations, tool misuse, unsafe autonomy, data leakage, and adversarial manipulation.

AIRTaaS continuously stress-tests AI systems against these real-world failure scenarios before they become operational incidents.

The platform combines:

  • AI red teaming
  • observability
  • governance workflows
  • incident tracking
  • remediation guidance
  • human-led adversarial testing

To strengthen its execution capabilities, Giggso has partnered with Seiance India, a woman-owned AI security startup based in Chennai, India, whose product, Trinity, is an AI security and observability platform.

AIRTaaS turns AI security into an operational discipline instead of a compliance checkbox,” said Abhinaya, CEO of Seiance India P Ltd.
“Enterprises need continuous stress testing because AI systems are constantly evolving. Our focus is helping organizations identify weaknesses early, validate resilience continuously, and improve trust in production AI systems.”

Giggso also announced that portions of AIRTaaS and related tooling will be free for Individual Developers, while core Enterprise developer-focused red teaming capabilities will be low-cost and easy to certify for teams.

The company said the decision reflects a growing concern about “AI washing” — where organizations overstate AI capabilities without sufficient operational rigor — and the rise of “AI slop,” low-quality AI-generated outputs that appear acceptable on the surface but fail under real operational conditions.

“We believe AI adoption needs more honesty, more discipline, and far more operational accountability,” Ravi said. “The future belongs to organizations that can scale AI without losing security, comprehension, governance, and trust in the process.”

Raven, Andie, and AIRTaaS are part of GSD (Giggso Security Domain), Giggso’s enterprise architecture for governing AI systems, coding workflows, observability, orchestration, reasoning, and AI operational security across the enterprise.

More information is available at Giggso

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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

Caladan Launches API Liquidity: Institutional Access to Aggregated Digital Asset Liquidity Across 100+ Tokens

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Singapore, May 26th, 2026, ZEX PR WIRE — Institutional counterparties can now access executable streaming prices and RFQ liquidity for spot and perpetuals on 100+ digital assets through the Caladan API, launched today by Caladan, the largest Asia-headquartered market maker for digital assets.

Built on nearly a decade of active trading, Caladan continuously aggregates pricing and depth from 20+ on-chain protocols, 47+ centralised exchange integrations, and bilateral relationships. The result is a single pricing feed that delivers tighter spreads, higher fill rates, and full depth on long-tail tokens.

“Fragmentation is the defining liquidity challenge in digital assets today. A single exchange, a single counterparty, or a single OTC desk will always have an incomplete view of price and depth. We have spent nine years building the infrastructure to see the whole market simultaneously, and API Liquidity makes that infrastructure available to institutional participants through a single API connection.” – John Gu, CEO, Caladan

Why aggregation produces better pricing

Digital asset liquidity is highly fragmented across centralised exchanges, decentralised protocols, regional venues, bilateral broker-dealers, and OTC desks. Caladan’s sourcing model is the commercial differentiator. The firm facilitates over $170 billion in annual trading volume across more than 100 assets, which means its pricing engine is continuously calibrated against a wider range of market signals. The more heterogeneous the sourcing — on-chain, off-chain, bilateral, and platform-routed simultaneously — the tighter the spread and the deeper the available size at any given price point.

The broadest token coverage of any market maker

API Liquidity provides access to the top 100 tokens — the widest token coverage available from any market maker globally. Coverage spans spot and perpetuals.

For institutional participants managing diversified digital asset portfolios or building crypto-embedded products, this breadth eliminates the need to maintain multiple liquidity provider relationships to cover the full token universe.

Flexible connectivity and settlement

API Liquidity is designed for immediate integration with minimal development overhead. Counterparties can connect through the channel that fits their existing workflow:

  • Direct API: Native FIX connectivity (4.2, 4.4, 5.0) for firms that prefer a direct bilateral connection

  • Platform partners: Desks already connected to Talos, Finery Markets, or CrossX can access Caladan liquidity with no additional integration work

Settlement is handled through institutional partners, with options for fiat and stablecoins:

  • Hidden Road and BitGo Go Network for custodial settlement

  • Customers Bank CUBIX for fiat settlement in USD

  • USDT and USDC settlement available directly

Competitive credit and margin terms are available for qualifying counterparties. Fiat currency pairs including EUR and JPY are in development, with additional currencies in the pipeline.

About Caladan

Caladan is Asia’s largest digital asset market maker, headquartered in Singapore with teams across seven global offices. Since 2017, Caladan has facilitated over $170 billion in annual trading volume, operating across 65+ exchanges worldwide. The firm provides market-making, OTC trading, DeFi expertise, and investments to institutional participants globally.

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

Caladan Launches API Liquidity: Institutional Access to Aggregated Digital Asset Liquidity Across 100+ Tokens

Published

on

Singapore, May 26th, 2026, ZEX PR WIRE — Institutional counterparties can now access executable streaming prices and RFQ liquidity for spot and perpetuals on 100+ digital assets through the Caladan API, launched today by Caladan, the largest Asia-headquartered market maker for digital assets.

Built on nearly a decade of active trading, Caladan continuously aggregates pricing and depth from 20+ on-chain protocols, 47+ centralised exchange integrations, and bilateral relationships. The result is a single pricing feed that delivers tighter spreads, higher fill rates, and full depth on long-tail tokens.

“Fragmentation is the defining liquidity challenge in digital assets today. A single exchange, a single counterparty, or a single OTC desk will always have an incomplete view of price and depth. We have spent nine years building the infrastructure to see the whole market simultaneously, and API Liquidity makes that infrastructure available to institutional participants through a single API connection.” – John Gu, CEO, Caladan

Why aggregation produces better pricing

Digital asset liquidity is highly fragmented across centralised exchanges, decentralised protocols, regional venues, bilateral broker-dealers, and OTC desks. Caladan’s sourcing model is the commercial differentiator. The firm facilitates over $170 billion in annual trading volume across more than 100 assets, which means its pricing engine is continuously calibrated against a wider range of market signals. The more heterogeneous the sourcing — on-chain, off-chain, bilateral, and platform-routed simultaneously — the tighter the spread and the deeper the available size at any given price point.

The broadest token coverage of any market maker

API Liquidity provides access to the top 100 tokens — the widest token coverage available from any market maker globally. Coverage spans spot and perpetuals.

For institutional participants managing diversified digital asset portfolios or building crypto-embedded products, this breadth eliminates the need to maintain multiple liquidity provider relationships to cover the full token universe.

Flexible connectivity and settlement

API Liquidity is designed for immediate integration with minimal development overhead. Counterparties can connect through the channel that fits their existing workflow:

  • Direct API: Native FIX connectivity (4.2, 4.4, 5.0) for firms that prefer a direct bilateral connection

  • Platform partners: Desks already connected to Talos, Finery Markets, or CrossX can access Caladan liquidity with no additional integration work

Settlement is handled through institutional partners, with options for fiat and stablecoins:

  • Hidden Road and BitGo Go Network for custodial settlement

  • Customers Bank CUBIX for fiat settlement in USD

  • USDT and USDC settlement available directly

Competitive credit and margin terms are available for qualifying counterparties. Fiat currency pairs including EUR and JPY are in development, with additional currencies in the pipeline.

About Caladan

Caladan is Asia’s largest digital asset market maker, headquartered in Singapore with teams across seven global offices. Since 2017, Caladan has facilitated over $170 billion in annual trading volume, operating across 65+ exchanges worldwide. The firm provides market-making, OTC trading, DeFi expertise, and investments to institutional participants globally.

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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