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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

Beyond Exposure: How a Blind-Box Toy Seller Built Ownership, Community, and New Sellers on Fambase

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6 hours ago

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February 28, 2026

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Austin, Texas, United States, 28th Feb 2026 – In the fast-growing market for designer toys and blind-box collectibles, scarcity fuels demand. Hidden editions and limited drops — from brands like Labubu to Funko and others — can spark intense bidding overnight. But exposure alone does not create stability.

Algorithms fluctuate. Buyers jump between listings. Sellers compete within the same feed. For independent sellers, the real challenge is retention.

For blind-box seller Olivia Brooks, that reality became clear early on.

Before joining Fambase, Olivia hosted auctions across multiple platforms. Rare drops generated strong bids, but once they ended, buyers were quickly redirected to competing sellers. Momentum disappeared as fast as it arrived.

“I could generate excitement,” she says, “but I couldn’t build lasting relationships.”

That changed when she launched her own Marketplace group on Fambase.

Building a Collector-Centered Community

Instead of relying on algorithm-driven discovery, Olivia invited collectors into a private group focused entirely on her curated designer toy releases. Inside the group, members are not shown competing listings or redirected elsewhere. Announcements, livestreams, and transactions all happen in one centralized space.

Her auctions evolved from isolated sales into recurring community events. Collectors recognized one another. Discussions about condition, authenticity, and rarity took place openly.

Because conversations remain visible, common questions can be addressed once instead of through fragmented private messages, improving efficiency while strengthening transparency.

In the collectibles market, trust is as valuable as inventory.

Flexible Selling, Unified Engagement

For rare limited editions, Olivia relies on livestream auctions to let market demand determine price. The live format preserves competitive energy and transparency.

At the same time, Fambase enables fixed-price “Buy Now” listings within the same group, including smaller items and promotional bundles.

With her collector base concentrated in one place, she can notify members instantly before going live. For major releases, she schedules auction events in advance to ensure participation and avoid unpredictable turnout. This structure allows her to plan strategically rather than react to shifting platform traffic.

Protection for High-Value Collectibles

In the designer toy resale market, certain rare editions carry significant value. Disputes can be costly.

On some platforms, refunds may be processed automatically before sellers respond. Fambase follows an evidence-based review process, giving sellers the opportunity to present documentation before decisions are finalized.

“When you’re dealing with limited collectibles, fairness matters,” Olivia notes. “You need to know your business is protected.”

Turning Collectors into Entrepreneurs

As Olivia’s community matured, she noticed something beyond repeat purchases. Some collectors owned rare pieces of their own. Others were interested in hosting auctions but lacked structure.

Rather than losing those transactions to outside platforms, Olivia began mentoring her buyers.

She guided them in creating their own Fambase Marketplace groups, explained the differences between live auctions and fixed-price listings, and shared practical strategies for scheduling events and maintaining engagement. Instead of competing with her collectors, she empowered them.

By helping buyers become sellers within the same ecosystem, Olivia strengthened her community’s network effect. Collectors were no longer just participants in her auctions; they were launching businesses of their own.

“It’s not just about selling collectibles,” Olivia says. “It’s about building a space where everyone can grow.”

From Exposure to Ownership

Olivia’s experience reflects a broader evolution in the blind-box resale market. Sellers are moving away from short-term exposure spikes and toward ownership of their collector relationships.

In a market driven by scarcity and community trust, sustainable growth depends not only on rare inventory but on loyal collectors who stay.

About Fambase

Fambase is redefining community commerce by giving independent sellers full ownership of their customer relationships, pricing, and growth. Through private groups, livestream auctions, storefronts, and integrated communication tools, Fambase enables sellers to build sustainable businesses free from algorithmic volatility and internal traffic diversion.

Build your community. Own your growth.

Download Fambase today at joinfambase.com.

Media Contact

Organization: SocialSignal Lab

Contact Person: Julian Rowe

Website: https://medium.com/@julianblogsite

Email: Send Email

City: Austin

State: Texas

Country:United States

Release id:42071

The post Beyond Exposure: How a Blind-Box Toy Seller Built Ownership, Community, and New Sellers on Fambase 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

Geekvape Neutra Wins European Product Design Award 2025

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7 hours ago

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February 28, 2026

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China, 28th Feb 2026 – Geekvape Neutra, recently launched by Geekvape, has been awarded 2025 Winner of the European Product Design Award (EPDA). As one of the world’s leading product design awards, the EPDA recognized excellence in design that balances aesthetics, functionality, innovation, and real-world impact. 

Guided by sustainability at its core, Geekvape Neutra marks a significant step in low-carbon design, reflecting Geekvape’s ongoing commitment to sustainability-driven innovation.

First ISO 14068-1: 2023 Certified Product in the Vaping Industry

Geekvape Neutra is the first vape product in the industry to be certified under the ISO 14068-1: 2023 Carbon Neutrality Standard. Its “cradle-to-gate” carbon footprint is reduced by 58.3% compared with conventional products, marking a new milestone in low-carbon and circular innovation within the vaping industry.

Minimalist by Design 

Rooted in the ‘Less is More’ philosophy, Geekvape Neutra seamlessly integrates functionality with environmental responsibility. Designed with a replaceable pod, refillable system, and replaceable battery to extend product lifespan, the device removes the screen, charging cable, and printed manual—proving that minimalist design can enhance both user experience and sustainability.

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Recycled and Simplified Materials 

The metal components are manufactured using 75% recycled aluminum, certified by UL Solutions (certificate ID: 314273-4210). The plastic components are made from a single polymer type (PCTG) and sourced under the International Sustainability and Carbon Certification (ISCC) PLUS chain-of-custody (certificate ID: ISCC-PLUS-Cert-CN212-20240080). This streamlined material strategy supports both recyclability and reusability.

Detachable Components

Geekvape Neutra is designed to facilitate disassembly, featuring a detachable battery and device body. Metal parts, battery, and internal modules are structured for efficient end-of-life recycling.

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Platform-Based Modular Design

Built on the Q Pod platform, Geekvape Neutra is universally compatible with all Q pods and supports modular expansion, reducing redundant development.

Sustainable Packaging

The packaging is made of 100% FSC-certified recyclable paper and adopts a glue-free and ink-free structural design. This approach reduces material and chemical usage while maintaining durability and protective performance.

Geekvape Neutra integrates low-carbon principles into its design, materials, and lifecycle to help shape a greener future for the vaping industry.

IMPORTANT NOTICE: This content is intended for adult smokers and vapers only. You must be of legal smoking age in your jurisdiction to read this article or purchase products.

For more details, please visit: https://geekvape.com/uncategorized/geekvape-neutra-design-for-a-low-carbon-future

WARNING: This product contains nicotine. Nicotine is an addictive chemical.

Media Contact

Organization: Geekvape

Contact Person: Hillary Jiang

Website: http://www.geekvape.com/

Email: Send Email

Country:China

Release id:41350

The post Geekvape Neutra Wins European Product Design Award 2025 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

30% global growth drive: China’s 15th Five-Year Plan kicks off with confidence

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7 hours ago

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February 28, 2026

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As 2026 marks the beginning of China’s 15th Five-Year Plan (2026–2030) amid rising global volatility and fragmentation, CGTN published an analysis exploring how China will sustain steady economic growth, and what drives the resilience of the world’s second-largest economy.

Despite mounting external headwinds, China’s economy has demonstrated “remarkable resilience,” Marshall Mills, IMF’s senior resident representative to China, said late 2025. Noting that China contributes around 30 percent to global growth, he said the country’s steady outlook provides significant support to the world economy at a time of heightened uncertainty.

As 2026 opens the first year of China’s 15th Five-Year Plan (2026–2030), policymakers have laid out a clear roadmap. At the Central Economic Work Conference at the end of 2025, Chinese President Xi Jinping set the overall tone for this year’s economic policy as “pursuing progress while maintaining stability, and improving quality and efficiency.”

“There are many tasks on the economic agenda for 2026. We must grasp the key points and ensure coordinated progress,” Xi said.

In a world marked by volatility and fragmentation, China’s strategy centers on deepening structural reform, strengthening the business environment and accelerating technological innovation.

Stable policies underpin economic growth

China’s top-level policy framework provides a strong institutional foundation for innovation-driven development. This stability and predictability not only supports domestic growth but also reduces uncertainty for businesses and strengthens market confidence.

Over the years, China has elevated scientific and technological self-reliance to a strategic priority and set the goal of building a global science and technology powerhouse by 2035.

This vision has been backed by concrete policy measures. Authorities have advanced major national science projects and laboratories, positioned enterprises as the primary drivers of innovation, strengthened collaboration among industry, universities and research institutes, and improved support mechanisms through tax incentives, R&D subsidies, talent programs and science-and-technology finance initiatives.

At the same time, efforts to improve the business environment and invigorate the private sector have continued. Measures include expanded financing channels, tax and fee cuts, relaxed market access and stronger legal protection.

In January last year, the country’s top economic planner, the National Development and Reform Commission (NDRC), released guidelines for building a unified national market to reduce transaction costs and improve factor mobility nationwide.

Meanwhile, China’s national lawmakers last April passed the country’s first fundamental law dedicated to promoting the private sector, seeking to ensure fair competition, improve financing access and strengthen legal protections for private enterprises. China has also fully removed foreign investment access restrictions in the manufacturing sector and further shortened its negative list for foreign investment.

For the 15th Five-Year Plan period, building a modern industrial system, fostering new quality productive forces, expanding domestic demand and advancing higher-level opening-up have been placed at the forefront.

Strong foundations, vast potential

Recent data underscores the effectiveness of this policy framework. In 2025, China’s GDP reached 140.19 trillion yuan (about $20.13 trillion), up 5 percent year on year, while foreign trade totaled 45.47 trillion yuan, marking nine consecutive years of growth.

Liu Shangxi, vice chairman of the China Macroeconomics Society, said the performance reflects Chinese economy’s internal resilience despite external disruptions.

Beyond headline figures, structural upgrading has accelerated. Traditional industries have stepped up digital and green transformation, while strategic emerging sectors – including next-generation information technology, high-end equipment manufacturing and new energy vehicles – have expanded rapidly.

Green transition has become a defining feature of this shift. In 2025, China’s new energy vehicle output exceeded 16 million units, maintaining its global lead for the 11th consecutive year. The country has also built the world’s largest and most comprehensive renewable energy industrial chain. Energy consumption per unit of GDP has fallen 11.6 percent compared with 2020, equivalent to cutting roughly 1.1 billion tonnes of carbon dioxide emissions.

Meanwhile, technological innovation is increasingly embedded across industrial chains. Taking AI as an example, official data shows that by early 2026, China had more than 6,000 artificial intelligence companies, with the core AI industry surpassing 1.2 trillion yuan in scale – up nearly 30 percent year on year. Domestic open-source large models have recorded over 10 billion cumulative global downloads, signaling widespread industrial integration.

With its vast domestic market, complete industrial system, deep talent pool and strengths in digital and green sectors, China has built a comprehensive competitive edge, Liu noted. These fundamentals, he said, will not only sustain the world’s second-largest economy, but also inject greater predictability and stability into an increasingly uncertain global landscape.

https://news.cgtn.com/news/2026-02-28/30-global-growth-drive-China-s-15th-FYP-kicks-off-with-confidence-1L83YGIBh8Q/p.html

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