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

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5 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

STARTRADER Adds 20 Stock and ETF CFDs to Its 24/7 Trading Range

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16 minutes ago

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October 6, 2026

By

Port Louis, Mauritius, October 6th, 2026, FinanceWire

Available from October 6, 2026, the 12 stocks and 8 ETFs extend STARTRADER’s round-the-clock access across South Korea, Hong Kong and the US.

STARTRADER has launched 20 new Stock and ETF CFDs on its MT5 servers, tradable Monday to Sunday from 00:00 to 24:00 (GMT+3 platform time). The launch focuses on the companies supplying the physical infrastructure behind AI, and half of the 20 are listed in Seoul or Hong Kong, where sessions close before US markets open. Extended trading hours may allow clients to access these CFD products outside the regular trading hours of the underlying exchanges, subject to applicable trading conditions. 

Seven additions provide exposure to companies and products associated with the high-bandwidth memory (HBM) and DRAM supply chain, including Samsung Electro-Mechanics (SAMSUNGEMUSD) and Hanmi Semiconductor (HANMIUSD), together with five products offering 2x leveraged exposure, including long and short exposure to SK hynix (SKUUUSD, CSOPSKHYNIX2LUSD, SKDDUSD), and long exposure on Samsung Electronics (CSOPSAMSUNG2LUSD) and exposure to the DRAM sector (RAMUSD).

Five additions provide exposure to companies and an ETF associated with areas of AI data-centre infrastructure, including Zhongji Innolight (ZHONGJIUSD), which completed a US$6.8 billion Hong Kong listing in July, the Roundhill Photonics & Optics ETF (LYTEUSD), Vistra (VSTUSD) in power generation, Cloudflare (NETUSD) in edge computing and LG Electronics (LGELECTRONICSUSD) in liquid cooling.

The remaining eight additions are Naver (NAVERUSD), the KODEX 200 ETF (KODEX200USD), Kuaishou (KUAISHOUUSD), Meituan (MEITUANUSD), the VanEck Gold Miners ETF (GDXUSD), Moderna (MRNAUSD), Trump Media & Technology Group (DJTUSD) and Shopify (SHOPUSD).

“Interest in AI has moved down the stack, from the companies that design chips to the ones that supply their memory, optics, power and cooling. This launch follows it there, with a deliberate focus on Asia, where many of those companies are listed.” – Peter Karsten, CEO, STARTRADER

The launch follows the 49-symbol expansion announced in September and adds further instruments from Asian equity markets to STARTRADER’s trading offering. Further additions may be considered based on market developments, product availability and applicable trading conditions. 

Risk Warning: CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Leveraged and inverse ETFs generally seek to provide amplified or inverse daily performance relative to their stated benchmark and may produce materially different results over longer holding periods. Trading outside home-market hours may involve wider spreads and lower liquidity. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Disclaimer: This information is for general informational purposes only and does not constitute investment advice or a recommendation to trade. Product availability, trading hours, leverage and applicable conditions may vary by jurisdiction and account type. CFDs involve a high risk of loss, and clients should consider whether trading is appropriate for their circumstances.

About STARTRADER

STARTRADER is a global multi-asset broker empowering retail and institutional partners to access global markets through a range of platforms, including MetaTrader, STARTRADER APP, and STAR Copy. Regulated in five jurisdictions (CMA, ASIC, FSCA, FSA, and FSC), STARTRADER combines strong governance with a client-first approach, serving both retail clients and partners with a commitment to transparency, reliability, and long-term growth.

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Janna.magabilen
Janna.magabilen@startrader.com

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Press Release

Kroum Vassilev Leads Energy and Venture Work Across Southeast Europe

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1 hour ago

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October 6, 2026

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Entrepreneur Holds Roles at Profine Energy Bulgaria, Enevlo, and Nebula Purple. Kroum Vassilev holds concurrent leadership positions spanning renewable energy development, energy storage, and early-stage venture capital in Bulgaria and the broader Southeast European region.

Bulgaria, 6th Oct 2026 – Kroum Vassilev, an entrepreneur working across renewable energy, technology, venture capital, and real estate, holds three active leadership positions in Southeast Europe. He serves as Managing Director of Profine Energy Bulgaria, Principal at Enevlo, and Operating Partner at Nebula Purple. Together, these roles connect renewable project development with operational execution and early-stage investment.

Kroum Vassilev Leads Energy and Venture Work Across Southeast Europe

Profine Energy Bulgaria is a joint venture between Profine and Wirth Gruppe focused on developing large-scale renewable energy projects. As Managing Director, Vassilev leads the organization’s work in Bulgaria. Kroum Vassilev at Profine Energy Bulgaria is involved in projects intended to make a meaningful environmental contribution through commercially structured renewable energy development. The role requires direct participation in project activity rather than advisory involvement alone.

As Principal at Enevlo, Vassilev works across the full renewable energy project lifecycle. The company’s responsibilities include planning, financing, constructing, and operating power plants and energy storage systems in Bulgaria and the broader Southeast European region. Kroum Vassilev’s work at Enevlo connects financial planning with the operational stages required to move infrastructure projects forward. Energy storage forms part of that work alongside power generation, providing another component of the company’s clean-energy activity.

Vassilev also serves as Operating Partner at Nebula Purple, an early-stage venture capital firm focused on Southeast Europe. The firm works with startups in deep tech, green energy, fintech, and artificial intelligence. His responsibilities include assisting portfolio founders with fundraising, strategy, and operational growth. Kroum Vassilev’s regional leadership therefore spans both infrastructure development and early-stage company building, with each role grounded in active work across capital, planning, and execution.

About Kroum Vassilev

Kroum Vassilev is an entrepreneur working across technology, renewable energy, venture capital, and real estate. He serves as Managing Director of Profine Energy Bulgaria, a joint venture between Profine and Wirth Gruppe; Principal at Enevlo, which works across power generation and energy storage projects; and Operating Partner at Nebula Purple, an early-stage venture capital firm focused on deep tech, green energy, fintech, and artificial intelligence in Southeast Europe. Additional information is available through Kroum Vassilev’s official profile.

Media Contact

Organization: Kroum Vassilev

Contact Person: Kroum Vassilev

Website: https://kroumvassilev.net/

Email: Send Email

Country: Bulgaria

Release id: 49684

The post Kroum Vassilev Leads Energy and Venture Work Across Southeast Europe 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

HIVE-X Introduces Blockchain Infrastructure for Digital Asset Management and Real-World Integration

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1 hour ago

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October 6, 2026

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Philippines, 6th Oct 2026 – HIVE-X has announced the development of its digital asset infrastructure built on the BNB Smart Chain, designed to connect blockchain-based technology with digital wallets and real-world payment systems.

Rather than focusing on speculative trading, HIVE-X aims to build a practical technology ecosystem where its utility token, HVX, powers asset management, digital wallet services, and integrated payment solutions.

The core objective of HIVE-X is to bridge the gap between decentralized asset protocols and everyday digital transactions through a unified framework combining the HIVE Wallet and payment card API infrastructure.

Advancing Blockchain Beyond Storage and Transfer

HIVE-X is engineered around the principle that digital assets must evolve beyond simple storage and peer-to-peer transfers to support practical everyday utilities.

The HIVE-X architecture integrates several core components:

  • HIVE Wallet Integration: Serving as the central gateway for digital asset management.
  • Payment Infrastructure: Connecting supported digital assets with online and point-of-sale systems.
  • Asset Management Solutions: Providing real-time portfolio analytics and secure transfers.
  • Ecosystem Expansion: Partnering with international service providers to broaden utility.

Through this structured approach, HIVE-X establishes a secure environment for users to manage digital assets while expanding real-world transaction capabilities.

Integrated Digital Payment Solutions

A central component of the HIVE-X ecosystem is its planned crypto card integration. The underlying infrastructure connects user-managed digital assets with standard payment environments, enabling supported digital assets to be processed for physical and online merchants.

The payment system pilot currently supports USDT-based transactions, with real-world payment processing tests successfully completed. Technical development is currently underway to fully integrate HVX into the card funding and payment processing network.

Specific operational parameters, including supported jurisdictions, transaction limits, and partner arrangements, will be released as compliance and technical integrations are finalized.

HIVE Wallet: The Ecosystem Gateway

HIVE-X is actively developing HIVE Wallet, a dedicated application designed to serve as the main interface for the entire ecosystem.

The wallet will support BNB Smart Chain-based asset management, secure token transfers, portfolio tracking, and integration with payment card services. Planned features include market price tracking, transaction history logs, and support for multi-chain digital assets in subsequent development phases.

The long-term objective is to provide a single, unified interface where users can seamlessly manage digital assets and interact with global payment services.

Technical Architecture and Phased Roadmap

HVX operates on the BNB Smart Chain under the BEP-20 standard with a fixed total supply of 100 billion tokens, designed to maintain ecosystem stability.

HIVE-X is pursuing a structured, phased roadmap:

  1. Infrastructure Establishment: Initial deployment of HVX on the BNB Smart Chain.
  2. Platform Development: Launch of HIVE Wallet and expansion of international partner networks.
  3. API Integration: Connecting payment card infrastructure with wallet services for broader adoption.

By combining dedicated software, payment card APIs, and a scalable network architecture, HIVE-X continues to develop solutions that connect digital assets with modern financial technologies.

For more information about HIVE-X and its technology ecosystem, visit the official website at https://hvxglobal.com/. 

 

About HIVE-X

HIVE-X is a blockchain technology platform built on the BNB Smart Chain, focused on connecting digital assets with real-world payment infrastructure. Through HIVE Wallet and integrated payment solutions, HIVE-X develops practical systems for digital asset management and everyday transactions.

Media Contact

Organization: BAYANIHAN TECH, INC.

Contact Person: HIVE-X Communications Team

Website: https://hvxglobal.com

Email: Send Email

Country: Philippines

Release id: 49669

The post HIVE-X Introduces Blockchain Infrastructure for Digital Asset Management and Real-World Integration 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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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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