The 12 Days of Shipmas celebrated the milestones and advancements of the Partisia Blockchain ecosystem while showcasing its commitment to fostering innovation through strategic grant initiatives. These announcements highlighted advancements in privacy-preserving computation and real-world applications designed to empower developers, enterprises, and users alike.
Among the most significant announcements were four major grants that underscore Partisia Blockchain’s dedication to driving ecosystem growth and solving critical challenges in identity verification, document sharing, real estate management, and cross-chain interoperability.
Let’s delve into the transformative potential of these grants, exploring how they leverage Partisia Blockchain’s cutting-edge technology to deliver meaningful value to businesses, developers, and end-users. And if you missed any of the 12 Days of Shipmas announcements, check out our recap article here.
Interoperability remains one of the most significant challenges in blockchain today. Partisia Blockchain has taken an important step toward solving this with Crypto Factor’s Interchain Gateway. This grant supports the development of a secure, decentralized cross-chain gateway that connects DeFiChain and Polygon, leveraging Partisia Blockchain’s ZK (Zero-Knowledge) attestation services and decentralized storage solutions.
The Interchain Gateway is designed to establish seamless connectivity between chains, providing a robust foundation for future DeFi applications. Phase 0, funded by this grant, focuses on operational costs for deploying and managing this connection. The gateway itself operates as a blockchain and uses decentralized storage on Partisia, showcasing an innovative architecture designed for secure, scalable, and efficient interoperability.
This development lays the groundwork for broader ambitions, such as porting Crypto Factor’s dApps and services to new networks. While these initiatives are still under discussion, the initial focus is on creating a solid bridge that facilitates DeFi connections between chains. By providing a decentralized and transparent foundation, Crypto Factor’s Interchain Gateway positions Partisia Blockchain as a vital link in the growing multi-chain DeFi ecosystem.
For developers and users, this gateway unlocks new opportunities to connect ecosystems, providing efficient, secure, and decentralized cross-chain functionality. This integration highlights the collaborative potential of Partisia Blockchain’s technology while building the necessary infrastructure to drive DeFi innovation and adoption.
In today’s digital-first world, identity verification is a constant balancing act between privacy and regulatory compliance. KYC (Know Your Customer) processes often force businesses to compromise on one or the other. This trade-off is particularly significant in Web3, where privacy-first solutions are essential as regulatory frameworks continue to evolve.
Synaps, with support from this grant, is tackling these challenges head-on by creating a privacy-enhanced, on-chain KYC framework powered by Partisia Blockchain’s advanced MPC (Multi-Party Computation) technology. This solution ensures that sensitive user information remains encrypted and private, allowing businesses to meet compliance requirements without compromising data security. It represents a pragmatic approach that safeguards privacy for 99% of users while enabling entities to stay compliant.
By leveraging Partisia Blockchain’s MOCCA framework for key management, Synaps decentralizes encryption keys through threshold cryptography, reducing the risk of breaches. The framework introduces advanced security measures, including key rotation and DAO-based governance for managing authorized signatories. These features ensure that access to sensitive information is both decentralized and transparent. Synaps also plans to use Partisia Blockchain to publish “stamps” as decentralized attestations that verify a user’s successful KYC without exposing personal data.
This innovation solves critical pain points for businesses and users alike. For businesses, it offers seamless regulatory compliance without the liability of storing sensitive data, reducing the risk of breaches and addressing growing regulatory demands like the Travel Rule. For users, it provides greater control over their data, eliminating redundant submissions and creating a smoother onboarding experience.
The potential applications for Synaps’ solution extend across industries. In finance, it bridges the compliance gap, paving the way for onboarding retail and institutional players, including TradFi entities like PrivadoID, Circle, and Fireblocks. In gaming, it facilitates seamless age verification while ensuring compliance for virtual economy management. In healthcare, it enables secure patient identity management, safeguarding data while creating opportunities for personalized services.
Notably, Synaps’ solution aligns perfectly with the rise of AI agents in decentralized ecosystems. By ensuring privacy-first identity verification, it empowers AI agents to interact with sensitive data securely and autonomously. This innovation builds trust in AI-driven workflows, bridging the gap between compliance and personalization while setting the stage for a new generation of decentralized services.
Through this privacy-enhanced KYC framework, Synaps not only addresses the longstanding tension between privacy and compliance but also establishes a foundation for scalable, secure, and innovative identity solutions across Web3 and beyond.
The need for secure collaboration has never been greater, yet traditional methods of document sharing often leave sensitive information exposed to risks like unauthorized access, tampering, or misuse. Whether in legal negotiations, insurance claims, or healthcare, safeguarding data is paramount.
Backed by this grant, Filedgr is leveraging Partisia Blockchain’s MPC technology to redefine secure document sharing. Filedgr’s solution ensures that multiple parties can collaborate on sensitive data while only revealing the information necessary for each stakeholder. This granular level of control transforms how sensitive information is managed and shared.
In addition to secure collaboration, Filedgr eliminates the need for physical paperwork by providing a comprehensive platform for supply chain transparency, data verification, and audit-ready compliance.
For enterprises, Filedgr builds trust by ensuring data integrity and privacy in workflows, from contracts to insurance claims. Individuals also benefit by retaining full control over personal information, such as medical records, reducing the risk of mishandling. Filedgr’s privacy-first approach sets a new benchmark for document security and opens the door for cross-industry adoption.
The real estate industry faces persistent challenges, from opaque processes to inefficiencies and privacy concerns. Buyers and sellers often struggle with transparency, while KYC/AML compliance adds further complexity to transactions.
With the support of this grant, ProprHome is building a privacy-focused real estate marketplace powered by Partisia Blockchain’s MPC technology. The platform introduces secure document management systems, private deal flow management, and enhanced compliance with KYC/AML standards, all while maintaining rigorous data privacy.
For buyers and sellers, this means greater transparency and fairness during negotiations, with sensitive financial information fully protected. Automated workflows streamline compliance checks, reducing transaction times and simplifying the process. For real estate agents, ProprHome reduces the administrative burden of compliance, enabling them to focus on delivering exceptional client experiences.
By combining transparency, efficiency, and privacy, ProprHome is redefining the possibilities in real estate transactions. Its success could inspire similar platforms in other industries, including investment and asset management.
At the heart of these grant projects is Partisia Blockchain’s MPC technology, a groundbreaking approach to privacy-preserving computation. Unlike traditional systems that require data to be decrypted for processing, MPC allows computations to occur directly on encrypted data, ensuring privacy, security, and efficiency.
These innovations demonstrate Partisia Blockchain’s ability to deliver real-world impact while empowering developers and businesses with tools that prioritize privacy and security.
The grants announced during the 12 Days of Shipmas represent the foundation of a privacy-first ecosystem that empowers developers, businesses, and users. From enabling secure cross-chain interoperability to redefining how sensitive information is shared and managed, these projects highlight Partisia Blockchain’s real-world impact and vision.
As we step into 2025, these projects highlight the transformative potential of privacy-preserving solutions and signal the dawn of a new era for Partisia Blockchain. By addressing critical challenges across industries, Partisia Blockchain is proving that privacy and transparency can coexist to drive innovation and adoption.
Stay tuned as we continue to build a world where privacy-first solutions unlock new opportunities for everyone, one groundbreaking grant at a time.
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As the holiday season brought festivities and cheer, Partisia Blockchain launched the 12 Days of Shipmas. Over the course of 12 days, we unveiled a series of announcements showcasing the future of the Partisia ecosystem. These included technical updates, strategic partnerships, and bold innovations that highlight our vision for building a privacy-first, scalable, and interconnected blockchain ecosystem.
While these announcements reflect significant progress, they are just the beginning—many of the projects and features revealed during Shipmas are poised to launch in 2025, shaping the trajectory of both the Partisia Blockchain ecosystem and the broader Web3 space.
Let’s recap the highlights and explore the implications of these exciting developments.
We kicked off Shipmas with a Fast Track Grant awarded to CryptoFactor for their innovative interchain gateway leveraging Partisia’s MPC technology. This gateway, which connects DeFiChain and Polygon, aims to establish seamless, privacy-preserving cross-chain asset movement.
This initiative positions Partisia Blockchain as a vital hub in the multi-chain DeFi space, enabling developers to unlock liquidity and build cross-chain applications with confidence. Phase 0 of this project focuses on establishing the gateway’s operational foundation, setting the stage for a transformative multi-chain DeFi ecosystem.
Bitcoin holders received exciting news on Day 2: wBTC is now supported as a gas token on Partisia Blockchain. This expands the BYOC (Bring Your Own Coin) feature to include wrapped Bitcoin from the Ethereum network.
Builders and developers can begin leveraging Bitcoin’s liquidity within the Partisia ecosystem, opening up new use cases for wBTC and enhancing interoperability. This is a key step in making Partisia Blockchain a destination for multi-chain projects.
Koala Wallet joined the Partisia ecosystem, enabling users to connect seamlessly to the Partisia browser and Apps via their multi-chain mobile app.
With further integrations planned, Koala Wallet will focus on advanced key management and account security powered by MPC technology. This partnership demonstrates Partisia Blockchain’s commitment to delivering user-friendly, secure experiences for both developers and end-users.
Simplifying onboarding, Transak’s fiat-to-crypto gateway now supports $MPC purchases via multiple payment methods, including bank transfers, Visa, Google Pay, and Apple Pay.
This integration removes a significant barrier to entry for new users and developers, making it easier to access $MPC without relying on centralized exchanges. It’s a foundational step toward driving ecosystem adoption and growth.
Boosty Labs is developing a privacy-first money market protocol on Partisia Blockchain. Phase 1 will focus on assets in the BYOC portfolio, while Phase 2 will integrate MPC technology to provide enhanced privacy for borrowing and lending.
Lending protocols are critical to any thriving DeFi ecosystem. Boosty’s project enhances Partisia’s value proposition by combining interoperability with privacy, attracting both developers and users to build and transact within the network.
Day 6 introduced Sceptre’s liquid staking protocol, scheduled for release in Q2. This protocol allows users to stake $MPC while maintaining liquidity for other activities.
Liquid staking incentivizes participation in the Partisia network while enhancing flexibility and utility. By incorporating BYOC rewards into its design, Sceptre reflects a sophisticated approach to staking economics that benefits both the community and the ecosystem.
We shared more about the upcoming launch of zkCross, the first native DEX on Partisia Blockchain. Built to deliver cross-chain lock swaps with real-time finality and front-running protection, zkCross leverages Partisia’s MPC technology to create a secure and efficient trading experience.
With three initial trading pairs (MPC/USDT, ETH/USDT, and MPC/ETH) planned for launch, zkCross is set to play a central role in Partisia Blockchain’s DeFi ecosystem.
We announced a partnership with TrustSwap to launch Partisia Blockchain’s first token launchpad, offering projects the tools and ecosystem support needed to scale within Web3.
TrustSwap brings a proven track record of facilitating over $1.5 billion in project launches, adding credibility and reach to the Partisia ecosystem. This launchpad will empower developers to bring innovative projects to life.
Day 9 marked the introduction of WalletConnect (ReOwn) integration, simplifying wallet connections and enabling seamless onboarding for users and developers.
By enhancing accessibility, this update supports broader adoption of Partisia Blockchain’s native token and features, fostering an inclusive and user-friendly environment.
VarMeta is developing the first blockchain-powered private auction system for NFTs, leveraging Partisia Blockchain’s MPC technology. This innovation ensures privacy for bids while preventing issues like auction manipulation and front-running.
VarMeta’s private auction system showcases how MPC can extend blockchain’s utility beyond DeFi, addressing real-world challenges in transparency and fairness. It is also a demonstration of how developers can bring Partisia’s privacy features to any blockchain, as VarMeta build this auction platform on Binance Smart Chain.
Day 11 introduced wrapped MPC (wMPC) as a gas payment option, joining wBTC, ETH, USDT, and more.
This update simplifies onboarding and improves the user experience, making Partisia Blockchain even more accessible to developers and participants.
We closed Shipmas with a bang by announcing three major grants:
These grants highlight Partisia Blockchain’s commitment to fostering privacy-first, real-world applications that empower developers and enterprises.
As a bonus announcement, we revealed a partnership with Katara, an AI-powered workflow automation platform. Katara will improve Partisia Blockchain’s developer documentation with AI-enabled workflows and explore using MPC technology to handle confidential data securely.
The 12 Days of Shipmas showcased Partisia Blockchain’s ambitious vision for the future. While many of these announcements are foundations for what’s to come, they highlight the clear trajectory of the ecosystem:
As we step into 2025, the momentum from Shipmas will propel us forward. Together with our partners, developers, and community, we’re shaping a blockchain future built on privacy, scalability, and real-world impact.
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2024 felt like one long ChatGPT meme-fest. People who’d never typed a line of code began dropping terms like “prompt engineering” at dinner parties. AI slid into every chat, your neighbor’s sourdough blog, and even that obscure NFT Discord you forgot you joined. Now, as we near 2025, the talk of the town is OpenAI’s O3 system—rumored to be the next quantum leap for AI Agents.
But, amid the hype, one topic is screaming for attention.
2024 in Retrospect: The Year of ChatGPT
AI Saturation: in 2024, ChatGPT was everywhere—like a giant airdrop no one could escape. From writing college essays to generating Dad jokes, it became the default sidekick for just about any digital task. The phrase “ChatGPT it?” flipped “Google it?”.
Data Deluge: the AI gold rush meant that more data than ever is hitting servers around the globe. And with great data comes great… exposure. We learned quickly that if you feed an AI sensitive info, that info might just reappear in someone else’s chat session. (Spoiler alert: That’s not ideal.)
The O3 Hype: AI Agents Leveling Up in 2025
Speculation around OpenAI’s O3 system paints a future where AI Agents go from “replying to your messages” to “strategizing your day.” Maybe they’ll plan travel itineraries, manage complex tasks, and optimize cross-chain token swaps. While that power is exciting, it also means a lot more personal data is on the line.
We’re excited, we’re curious, but we’re also cautious. After all, we want our future AI Agents to have “diamond hands” for data privacy—without having them accidentally diamond-hand your personal info forever on some public chain.
Why Privacy is the Non-Fungible Key to Success
Vectorization for RAG: Great Start, But Let’s Go Deeper
Many teams use vectorization to power Retrieval-Augmented Generation (RAG)—feeding AI numeric embeddings of documents so it can retrieve and combine relevant info in real time. It’s a slick way to “teach” an AI about your domain without exposing the raw, sensitive data. Indeed, many claim that this alone is enough to keep user data safe, because a single vector on its own isn’t typically reconstructable into the original text.
But here is the catch:
Must-Watch Privacy Solutions to Future-Proof Your AI
Differential Privacy: Add a sprinkle of statistical noise to your datasets so no individual user stands out like a neon sign. Think of it as a ZK-SNARK for personal info—revealing the big picture without doxxing anyone.
Federated Learning: Keep data on local devices and only share model updates. It’s like a privacy-first pool—everyone contributes knowledge without dumping raw info into one giant server.
Homomorphic Encryption: Crunch data while it’s still encrypted. It might be slower than normal computation, but the trade-off is near-impenetrable data security.
Secure Enclaves: Hardware-based vaults that process sensitive data out of reach from even the operating system. If your AI is parsing extremely private conversations, enclaves can be your fortress.
Multi-Party Computation (MPC): Split sensitive data among multiple parties so that no single party can see the whole picture. Each party only handles encrypted fragments, making it incredibly difficult for anyone to piece together the entire dataset without proper authorization.
Eye on 2025: Vision + Responsibility = Real Progress
2024 proved that AI can take over our digital lives practically overnight.
By 2025—especially with O3 and other next-gen frameworks—AI Agents might be running tasks so seamlessly we forget where the human ends and the code begins. But if we want these Agents to be transformative (in a good way), privacy has to be in the blueprint.
At Partisia, our vision is for an AI-enhanced future that doesn’t trample on personal data. We’re building the tools, forging the partnerships, and refining best practices so that when 2025 hits, our AI Agents can thrive without leaking sensitive details like an unpatched protocol.
Conclusion
Yes, 2024 was all about ChatGPT mania. Yes, 2025 might be the year of AGI. But let’s remember: the AI era means nothing if privacy is left in the dust. We’re making a stand—it’s possible to embrace cutting-edge AI while keeping user data off the front page of tomorrow’s breach headlines.
Ready to ride the AI wave without wiping out on privacy? Join us. Because in the end, it’s not just about how advanced AI can get—it’s about making sure our personal data isn’t collateral damage along the way.
2024 marked a pivotal year for Partisia Blockchain as we transitioned from Beta to a fully operational mainnet and saw the MPC token listed on major foundational exchanges. From onboarding innovative projects to expanding partnerships and refining our core infrastructure, we’ve laid the groundwork for a breakout 2025. The surge in data breaches, coupled with the growing reliance on AI, highlights the critical need for privacy-enhancing technologies.
Read on to catch up on all the updates from 2024.
In March, the $MPC token launched on leading centralized exchanges including KuCoin, Bitfinex, Gate.io, MEXC, BitMart, and Bitrue.
This milestone enabled:
The $MPC token’s robust initial trading volumes underscored the community’s confidence in its potential to empower industries and individuals with privacy-first blockchain solutions.
Kurt Nielsen, President of Partisia Blockchain:
“The overwhelming interest in the MPC token reaffirms our position as an industry leader. Our technology ensures trustless transaction safety without compromising speed, scalability, or interoperability. The MPC token empowers users to shape the future of Web3 while paving the way for transformative innovation.”
Shortly following these MPC listings, we reached a pivotal moment with the transition from Beta Mainnet to a fully operational Mainnet in June. Including:
With the completion of all roadmap items, Partisia Blockchain is positioned to scale privacy-centric web3 solutions globally.
Stay tuned for our updated roadmap in early 2025!
In September, we welcomed Adrienne Youngman as CEO of the Partisia Blockchain Foundation. Adrienne’s extensive experience in global brand strategy and Web3 innovation has already begun to reinvigorate our mission.
Highlights of Adrienne’s Leadership:
Since stepping into her role, Adrienne has been instrumental in:
Her leadership has set a clear course for scaling privacy-first blockchain solutions and driving broader adoption.
2024 underscored the growing importance of Privacy-Enhancing Technologies (PETs) in a world increasingly reliant on sensitive data. With data breaches rising from 447 in 2012 to over 3,200 in 2023, the urgency for privacy-first solutions has never been greater.
Partisia Blockchain’s PETs, like Multi-Party Computation (MPC), enable secure data flows, privacy-preserving AI interactions, and innovative identity solutions all while improving user experience and enabling new features and products.
Since the mainnet launch in June, a number of projects have successfully launched on Partisia Blockchain:
The second half of the year saw increased interest in leveraging Partisia Blockchain’s privacy-first infrastructure. Some of these collaborations include:
With only a week into 2025, we’ve already announced several exciting projects set to launch this year:
These initiatives build on the momentum of 2024, demonstrating the ongoing demand for privacy-first blockchain solutions and paving the way for broader ecosystem growth in 2025.
With many of these projects expected to launch on mainnet in 2025, Partisia Blockchain is positioned to deliver transformative applications across DeFi, real-world asset tokenization, and privacy-first solutions.
“As we begin a New Year, I want to take a moment to thank each of you – our contributors, partners, and community – for your incredible support.
When I joined Partisia Blockchain in September, I was struck by the sophistication of our technology and the immense potential of our mission. My priority has been clear: dramatically accelerating awareness and adoption of this groundbreaking technology.
In 2024, we:
Looking ahead to 2025, the opportunities are huge. Together, we will unlock the full potential of privacy-first blockchain solutions – the next evolution of blockchain technology.”
2024 was a year of progress, partnerships, and purpose for Partisia Blockchain. We are grateful to our community, partners, and contributors who have been instrumental in this journey.
With the momentum of 2024, we enter 2025 with a clear mission: to lead the future of Web3 with scalable, privacy-first solutions.
Stay tuned as we continue to redefine what’s possible in blockchain technology.
Here’s to an extraordinary 2025!
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December was a month of growth, gratitude and groundbreaking milestones for Partisia Blockchain as we celebrated new achievements and strengthened our ecosystem.
This month showcased the culmination of collective efforts, with significant milestones highlighting our commitment to innovation, community engagement, and technological leadership.
From groundbreaking advancements in DeFi and wallet integrations to initiatives that honor our supportive community, we have made strides that solidify our position as a leader in the blockchain space.
Here are the highlights that made this month extraordinary.
Dive into the full details below.
We’re thrilled to announce an additional AirDrop round to reward our most dedicated contributors! Our community is the cornerstone of everything we do, and this top-up reflects our gratitude for your exceptional support.
While our initial distribution rewarded a wide range of participants, we recognized the need to further honor those who went above and beyond. This additional round is our way of ensuring fairness and appreciation.
Key Details:
Don’t miss out! Read the full announcement here.
We’ve also been busy cleaning up our to do’s. From handing our listing competition to compensating our amazing ambassadors on a timely basis, we’ve been working hard to ensure all the promises we made are kept.
We’re excited to welcome Bettina Sosa as Partisia Blockchain’s new Head of Developer Relations! With extensive experience in technology and community building, Bettina is ready to strengthen our developer ecosystem and drive innovation.
Her goals:
Bettina’s vision aligns perfectly with our mission to deliver privacy-preserving and decentralized solutions.
Watch her full interview here: https://youtu.be/w2f-6kW0meM
DeFi is coming to Partisia blockchain! Since June of 2024, we’ve been focused on bringing DeFi to Partisia Blockchain and we are happy to announce our partners that are bringing the key pillars of a DeFi ecosystem on our network.
Koala wallet has now integrated into Browser, using Wallet Connect! We’ve been working hard integrating both Wallet Connect as well as Koala wallet
$MPC token is now onboarded to transak! This means anyone with a simple credit card will now be able to purchase MPC tokens using various onramps that support Transak. First will be zkCross Network’s onramp system, with Koala wallet upcoming next. Check it out at https://global.transak.com/ and see how simple it is to now purchase MPC tokens!
We’ve redoubled our efforts to engage with audiences beyond our existing community by participating in various external channels and events.
Adrienne has been at the forefront, discussing DePIN and the data-driven future alongside AYDO. Additionally, we hosted a session with Bitfinex to kickstart the upcoming trading competition. Meanwhile, Bruce joined a panel to showcase Partisia Blockchain’s MPC-as-a-Service, highlighting its role in bringing Privacy-Enhancing Technologies (PET) to the Cardano ecosystem.
These initiatives underline our commitment to welcoming and engaging with broader communities.
Partisia Blockchain’s Chief of Growth, Shirly Valge, recently represented us at the W3N Conference in Estonia, a premier gathering of future tech minds to network, innovate, and celebrate.
Shirly delivered a compelling keynote on the “Importance of Privacy in Web3 Amidst GDPR,” shedding light on the critical intersection of data privacy and blockchain technology. She also participated in the dynamic panel discussion “Where is DeFi Today?” exploring the current landscape and future potential of decentralized finance.
Partisia Blockchain is proud to contribute to these pivotal conversations driving the future of Web3!
We’ve heard your request for making MPC be available as gas and have now launched the ability to wrap MPC to wMPC and have it usable as gas. This means no more need to bridge other BYOC tokens just to interact on our network. To make things even easier, we have now launched on top a dusting solution where there will be a one time initial dusting of gas to convert MPC to wMPC if you have no gas.
Interacting in Partisia Blockchain has never been easier!
Look for future use of wMPC such as transferring them to the Eth network and having it land on a DEX in the future.
It’s time to celebrate another round of bootstrap rewards! This quarter, we distributed a total of 3.2 million $MPC tokens to our incredible stakers.
This reward period marked a significant step forward as we began automating the bootstrap rewards distribution process, completing the first phase of this functionality. Additionally, we introduced a new node operator voting process. Looking ahead, we aim to fully automate the rewards system in the next quarter, ensuring that computations and distributions happen seamlessly.
With an outstanding 24% APR over the last three months, now is the perfect time to stake your tokens and maximize your rewards!
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Partisia Blockchain’s Community Growth and Engagement Associate, Maria, recently sat down with Bettina Sosa, the newly appointed Head of Developer Relations at Partisia Blockchain. The interview shed light on Bettina’s background, her role at Partisia, and her plans to strengthen the blockchain’s developer ecosystem and foster innovation.
Bettina brings a wealth of experience in technology and developer engagement to her new position. With a background that spans software development, research, and technical advocacy, she has worked extensively with developers to bridge technical challenges and foster collaboration. She emphasized her passion for empowering developers, helping them succeed, and creating an environment for innovation. Bettina’s expertise positions her as an ideal leader to grow Partisia Blockchain’s developer community.
As Head of Developer Relations, Bettina’s primary focus is to engage, support, and grow Partisia Blockchain’s developer ecosystem. She highlighted that her role involves not only technical support but also building strong relationships with developers to ensure they are equipped with the tools they need to build. By establishing trust and two-way communication, Bettina aims to make Partisia Blockchain the platform of choice for developers building decentralized applications (dApps) and other blockchain solutions that focus on privacy and trust.
When asked about her vision, Bettina shared these key goals for her role:
Bettina shared her excitement about joining Partisia Blockchain, highlighting its innovative approach to privacy-preserving solutions and decentralized technologies. She praised the platform’s commitment to solving real-world problems while ensuring user privacy and transparency. For Bettina, Partisia Blockchain’s mission aligns perfectly with her passion for working on cutting-edge technologies that make a positive impact.
With Bettina at the helm of Developer Relations, Partisia Blockchain is well-positioned to strengthen its developer ecosystem and drive adoption of its groundbreaking technology. The community eagerly anticipates the exciting initiatives Bettina has in store.
You can watch the full video here: https://youtu.be/w2f-6kW0meM
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The Partisia Blockchain ecosystem is entering an exciting new phase as we lay the foundations for a thriving decentralized finance (DeFi) ecosystem. With a growing suite of innovative projects on the horizon, Partisia Blockchain is positioning itself as a hub for scalable, privacy-enhancing, and interoperable DeFi solutions.
This ecosystem will initially include a decentralized exchange (DEX), a liquid staking protocol, a lending protocol, a Token Launchpad, and more, all working in synergy to unlock opportunities for users, developers, and institutions alike.
Partisia Blockchain offers unique features that make it an ideal foundation for DeFi innovation:
These technical advantages provide the foundation for a DeFi ecosystem that is not only efficient but also secure and versatile.
Partisia Blockchain is uniquely equipped to address the challenges facing DeFi today, including scalability, security, and regulatory compliance. Together with its high-performance capabilities, Partisia offers key benefits:
In collaboration with Sceptre, we will be bringing Liquid Staking to Partisia Blockchain. Sceptre has proven itself through its success on the Flare network, achieving remarkable results in a short space of time:
This rapid growth underscores Sceptre‘s ability to deliver value to stakers and networks alike, making it an ideal partner for Partisia Blockchain’s ambitious DeFi expansion.
“I’m super excited about Sceptre and Partisia teaming up and creating liquid staking for the MPC token! Partisia will be an amazing addition to Sceptre where we aim to not just do liquid staking but take advantage of a network’s unique characteristics to get the best result for stakers, node operators, and the network. I’m looking forward to our close cooperation with Partisia and ecosystem partners. 2025, bring it on!”
– Alexander Elhorst, CEO of Sceptre.
This partnership is a cornerstone of a larger DeFi ecosystem taking shape on Partisia Blockchain. Get ready for:
These projects demonstrate Partisia Blockchain’s commitment to fostering a comprehensive DeFi ecosystem that caters to diverse user needs.
The soft launch of the decentralized exchange will mark the beginning of a series of exciting launches aimed at building a comprehensive DeFi ecosystem on Partisia Blockchain.
Boosty’s lending protocol is expected to follow, targeting the end of Q1 2025 for launch, and the Token Launchpad initiative will further expand opportunities for builders and innovators.
This is your chance to be part of a groundbreaking transformation in DeFi.
Stay tuned for updates as we roll out these exciting projects. Developers, stakers, and enthusiasts – join the Partisia Blockchain ecosystem and contribute to building a privacy-preserving, scalable, and interoperable decentralized future.
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We’re thrilled to announce an additional round of airdrops to honor and reward some of the most significant contributors and supporters in our community! Our community is the cornerstone of everything we do, and this top-up is our way of saying thank you.
Our first round of distributions shared rewards across the large community that participated but, on reflection afterwards, we felt that some of the people who supported us the most, deserved further recognition.
That is what this additional distribution is all about.
Visit the AirDrop terms page here, sign-in with your wallet, and confirm your eligibility. Please make sure you have reviewed the AirDrop terms and conditions before proceeding.
Complete the process: Follow the simple steps to claim your rewards by confirming the transaction. You will need some BYOC tokens to cover the gas fees for the claim and future transactions.
Distribution period:
Please note that there will be no additional distributions if participants fail to claim within these timelines, so be sure to act promptly.
We’re grateful for the ongoing commitment from every member of our community. This top-up is a testament to our dedication to fostering a thriving and engaged ecosystem. Let’s continue to build the future of blockchain together!
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November has been a month of growth and innovation for Partisia Blockchain! From welcoming new projects like Varmeta and BoostyLabs, to enabling BYOC tokens like wBTC and introducing wrapped MPC, we’re expanding the ecosystem and improving accessibility. With browser upgrades and exciting announcements like the upcoming zkCrossDEX launch, there’s a lot to look forward to. Read on for all the details, including highlights from our partnerships and events!
We’re getting more projects building on our chain! Two new projects have received grants from the foundation to build on the Partisia Blockchain network.
Varmeta is building out a sealed bid NFT auction system that integrates Partisia Blockchain’s MPC as a service. Building on the BNB Chain, Varmeta will enable NFT platforms to conduct confidential auctions where bid details remain private until the auction concludes. This approach mirrors what Profila is achieving on the Cardano network, showcasing the versatility of our technology in enhancing blockchain solutions.
BoostyLabs has signed a grant to develop a lending protocol on Partisia Blockchain. This initiative underscores our commitment to expanding the DeFi space by supporting innovative solutions that strengthen our ecosystem. Stay tuned as we continue to grow and add more exciting projects to the network!
We’ve also been busy looking to lock up more partnerships and our latest trip lead us down to DevCon at Bangkok. We took part in multiple events both showcasing our technology and looking for new partnerships in an ever growing privacy sector in blockchains. We took part in a pitch session and a workshop at the Staking Summit, a pitch and panel session at DeCC x Shielding summit and took part in podcasts by TheStreet.
In a special Twitter Space AMA, Emurgo hosted Partisia Blockchain and Profila to spotlight the growing partnership between Cardano, Partisia Blockchain, and Profila. The discussion underscored our commitment to enabling MPC as a service across blockchains, reinforcing our core philosophy of collaboration over competition.
This event highlights our dedication to fostering partnerships that drive innovation and extend the reach of MPC technology to new networks.
We’ve got some exciting news! New BYOC tokens are coming live on Partisia Blockchain! We’ve enabled wBTC as a BYOC token on Partisia Blockchain, making us one of the few blockchains to allow transactions using this popular token as a means of payment.
In line with our mission to remove friction for users, we now support the wrapped MPC token as a BYOC token. A new feature in the browser enables seamless wrapping of MPC tokens, marking the first step toward making our network even more user-friendly. The next phase will eliminate the need for initial gas when wrapping MPC tokens, allowing new users to interact with the chain without bridging gas via traditional BYOC tokens.
Get ready for our first decentralized exchange, zkCrossDEX, which is set to launch in December! While we finalize a few last-minute adjustments, stay tuned for a bug bounty program and incentive initiatives to celebrate the launch.
Exciting times are ahead as we continue enhancing accessibility and innovation on Partisia Blockchain!
As part of our commitment to making the Partisia Blockchain network more accessible, our browser has undergone several updates and added new features. These enhancements simplify the process of operating a node and staking, ensuring a smoother experience for users.
We invite you to explore the improved browser and share your feedback. Your input helps us continue refining and optimizing the tools that empower our community!
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Blockchain is reshaping the world as we know it, and Partisia Blockchain is at the heart of these changes. From Geneva to Dubai, our team has been busy sharing ideas on how to bring real-world impact through blockchain. At CV Summit, our CEO Adrienne Youngman broke down the game-changing potential of tokenizing real-world assets, showing how it can make finance safer and more accessible for everyone.
In Geneva, Alex Pombo discussed how blockchain can drive social good, while in Dubai, Shirly Valge stressed the need for privacy in Web3, especially in our ever-evolving digital landscape. Across panels, keynotes, and exclusive interviews, our message remains clear: real-world applications of blockchain and privacy-focused tech aren’t just ideas; they’re becoming reality. Here’s a glimpse into what we’ve been up to and the projects leading the way.
At this year’s CV Summit, Partisia Blockchain’s CEO, Adrienne Youngman, took part in an engaging panel on RWA, the Tokenization of Everything. Adrienne joined industry leaders to explore the transformative potential of blockchain in reshaping the future of asset tokenization. The panel covered how tokenizing real-world assets (RWA) can make finance more accessible, efficient, and secure. Adrienne’s insights highlighted the critical role of blockchain in driving this shift, showcasing how Partisia Blockchain is at the forefront of bringing the benefits of tokenization to real-world applications.
Partisia Blockchain’s Head of Government and Institutional Adoption, Alex Pombo, joined a panel discussion at the Token for Good Conference in Geneva. In the ‘Enhancing Finance Systems for Good’ panel, Alex shared insights on how blockchain technology can transform financial systems to drive positive societal impact. The conversation explored blockchain’s potential to increase transparency, inclusivity, and accountability in finance, sparking inspiring ideas on the role of tech in creating meaningful change worldwide.
At Blockchain Horizons, hosted by the British-Swiss Chamber of Commerce in Basel, Alex Pombo also joined an insightful panel discussion. The session explored blockchain’s role in shaping the digital landscape of tomorrow, with a focus on privacy, security, and its potential to transform industries worldwide. Alex shared Partisia Blockchain’s perspective on how secure, privacy-focused solutions can drive blockchain adoption across sectors, emphasizing blockchain’s power to redefine trust in the digital age.
Shirly Valge, Partisia Blockchain’s Chief of Growth, represented us at the Future Blockchain Summit in Dubai, where she delivered a compelling keynote on the importance of privacy in Web3. In light of GDPR and the increasing focus on data protection, Shirly discussed why privacy is essential in the evolving digital landscape and how technologies like MPC and DID can address these needs.
Additionally, Shirly joined a panel on Web3 in Action: Real World Use Cases and Success Stories, where industry leaders shared practical applications of Web3, underscoring the transformative power of blockchain in sectors like healthcare. Shirly’s insights reflected Partisia Blockchain’s commitment to real-world solutions that prioritize security and privacy.
Catch her in an exclusive interview with Adel Bhurtun from the event here on YouTube, where she explores what sets Partisia Blockchain apart, shares inspiring use cases, and delves into the future of Web3.
A recent CoinDesk article delved into why Partisia Blockchain is set apart in the data privacy space. CEO, Adrienne Youngma,n shared how years of real-world application and cryptographic expertise allow Partisia Blockchain to tackle privacy challenges that limit public blockchain adoption. With secure, privacy-preserving tech powered by multiparty computation (MPC), Partisia offers solutions that make sensitive data safe and usable. Thank you, CoinDesk, for the feature! Catch the full article here.
The latest Partisia Blockchain community call brought exciting updates about upcoming developments. ZK Cross is preparing for a full mainnet launch in November, which will include a decentralized exchange (DEX) and bug bounty program. CEO Adrienne Youngman announced new team member Bettina joining as a dev rel specialist, bringing expertise in digital identity and distributed ledger technology. She’ll be leading initiatives around privacy-focused category building and developer content creation. Other topics of discussion have been Partisia Blockchain’s presence at DevCon in Bangkok, including sponsorship of the Staking Rewards Summit and various speaking engagements and the recent media coverage.
We also had a chance to highlight a very special project that is building on our chain. Both Cardano and Partisia Blockchain had a chance to host Profila. The first AMA was hosted by us, but Profila and Partisia got a chance to present the project at the Cardano Summit in Dubai! Check out the AMA here and the video of the presentation at the summit here. Learn more about Profila here!
The first phase of our airdrop program was completed. We distributed to 6860 unique wallets with a claim rate of 52.5%. While the airdrop was a success, we also know that there were those who really supported the airdrop through running transactions almost daily. We are working on ensuring those who supported the most are rewarded fairly. Look for additional news in November!
We recently gave a grant out to Unmarshal to build out a new explorer! As many already know, Unmarshal is providing RPC services for projects building on our chain. With that project completed, they are now turning their attention to building out a explorer for Partisia Blockchain. Look for a fresh explorer coming soon!
We will be at Devcon! We will be participating in giving talks, panel sessions and setting up booths in multiple events during DevCon week in Bangkok!. If anyone will be there, we’d love to meet with you! Let us know in TG or Discord!
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As we reflect on the month of September, we are excited to share the highlights of our journey and achievements in the blockchain space. This update covers our participation at Token2049 in Singapore, where we explored the future of real-world assets and decentralized technologies alongside industry leaders. We also introduce our new CEO, Adrienne Youngman, who is set to steer our mission toward enhanced community engagement and product adoption. Additionally, we celebrate Kurt Nielsen’s recognition as a top Digital Asset Influencer, unveil our partnership with various projects and more. Join us as we dive into these exciting developments and look ahead to the future of Partisia Blockchain.
Token2049 in Singapore was two days of dynamic conversations, networking and exploring the latest innovations in blockchain and Web3. On Day 1, our reDeFining RWA event featured panels on DeFi and the future of real-world assets, with industry leaders like Chainlink, Solana, ERC3643, Ripple and Emurgo sharing valuable insights on the future of DeFi, RWA and how critical privacy is to the industry. You can watch the full recordings for insights into blockchain innovation here. Read more on the future of digital assets and blockchain as discussed during Token2049 in our Day 1 recap blog.
Day 2 turned the spotlight on our incredible partners, showcasing cutting-edge solutions in tokenization, privacy technology and more. The day was filled with project booths and fairs, highlighting innovative contributions from projects like zkCross Network, Trustswap and others. Read more on blockchain, technology of the future and our Day 2 recap blog.
Together, we welcomed over 2,000 attendees across both days, all eager to explore the future of RWA and Web3. A massive thank you to everyone who joined us and contributed to our reDeFining RWA event’s success.
At Token2049, we also proudly announced our partnership with Profila, a groundbreaking initiative that empowers users to own and monetize their data. Built on the Cardano blockchain, Profila will integrate Partisia Blockchain’s multiparty computation (MPC) as a service to enhance its core offerings. This collaboration, financed by Project Catalyst, exemplifies how projects across different blockchain ecosystems can leverage Partisia Blockchain’s innovative technology for mutual benefit. Be sure to watch their keynote presentation here.
We also emphasized our membership in the DeCC Alliance (Decentralized Confidential Compute), an important collective of data privacy-enhancing blockchains. This alliance is dedicated to educating the community and promoting the essential need for privacy-preserving technology within the blockchain space. Our involvement in various side events at Token2049 highlighted DeCC’s mission, and we are excited to contribute to this emerging narrative in the industry.
This September, the Partisia Blockchain Foundation welcomed Adrienne Youngman as CEO, marking a new chapter for our community. Adrienne’s background in Web3 innovation, business strategy and entrepreneurship aligns with our mission to drive adoption of privacy-preserving blockchain solutions. Her leadership will enhance product adoption, community engagement and global awareness, positioning Partisia Blockchain for its next phase of growth. With Adrienne at the helm, we look forward to strengthening our collective impact and advancing real-world applications of our technology.
Filedgr is bringing transparent data solutions to life through our multiparty computation technology. If you are curious about how this technology is being implemented and what the future holds for our partnership, catch our recent discussion in X Spaces with the Filedgr team. Discover the transformative potential of this collaboration by tuning in here.
This month we were proud to announce that Kurt Nielsen, Council President of Partisia Blockchain, has been named one of Bitcoin Insider’s Top 120 Digital Asset Influencers in Europe. This recognition reflects not only Kurt’s commitment to privacy-preserving blockchain solutions, but also the Partisia Blockchain community’s collective impact in shaping the future of secure, decentralized technologies.
As we gear up for the CV Summit in the heart of Crypto Valley on 1-2 October 2024, the Partisia Blockchain team is excited to engage with our community and industry leaders. This event is more than just an opportunity to showcase our innovative blockchain solutions, it is a chance to explore how privacy-preserving technologies are driving real-world adoption across multiple sectors. With security and interoperability at the core of our mission, we look forward to meaningful discussions on the future of decentralized technologies.
Adrienne Youngman, our new CEO, will also be sharing her expertise in a panel session on “RWA, the Tokenization of Everything,” where she will explore the transformative potential of asset tokenization. Join us on 1 October 2024 at 16:00 CET to connect, collaborate, and learn how Partisia Blockchain is shaping the future of blockchain solutions. Stay tuned for more insights and updates from Zug!
We are thrilled to announce that we have distributed the first of two drops for our AirDrop. Don’t miss out—make sure to claim your tokens before the next and final claim period ends on 20 October 2024. Check your eligibility here.
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ZUG, 30 SEPTEMBER 2024. The Partisia Blockchain Foundation announces the appointment of Adrienne Youngman as Chief Executive Officer (CEO) effective 1 September 2024. This pivotal hire reinforces the organization’s mission to drive adoption of our unique public blockchain and amplify its global impact in bringing interoperability and privacy-preserving computation to the entire ecosystem.
Adrienne brings a diverse background in business and brand strategy, entrepreneurship, commercial execution and Web3 innovation. She began her career in brand and business strategy for FTSE 100 companies and went on to lead global communications, PR and social initiatives for Captain Morgan globally, as well as managing the rums business in Europe. Under her leadership, Captain Morgan achieved over-delivery on targets for two consecutive years. Adrienne later co-founded and successfully sold two service businesses in Asia, with clients that included Heineken, HSBC and Rio Tinto.
In Web3, Adrienne has worked on DAO tooling, digital identity and decentralized infrastructure, driving adoption across major Web3 communities. Most recently, she led growth initiatives at POKT Network, where she spearheaded efforts to scale decentralized RPC infrastructure.
In her new role at Partisia Blockchain Foundation, Adrienne will focus on driving product adoption, step-changing awareness and fostering strong community engagement. Her execution of the vision will be instrumental in elevating the Foundation’s presence and accelerating its impact as a leader in privacy-preserving blockchain solutions.
Kurt Nielsen, Council President of the Partisia Blockchain Foundation, says:
“Adrienne brings a vibrant energy and a clear Web3 focus that will take the project to the next level. Some of you already met her at our event at Token2049 in Singapore, where I had the great pleasure to jointly outline our adoption strategy on RWA and DeFi with Adrienne. I truly believe that she will bring the skillset our organization needs at the right time to grow and prosper.”
Before joining Partisia Blockchain Foundation, Adrienne held various roles in both Web3 startups and major global brands, demonstrating her ability to cut through noise and deliver business outcomes. Her experience across multiple industries and geographies positions her to lead Partisia Blockchain into its next phase of growth.
Partisia Blockchain Foundation is pleased to welcome Adrienne Youngman to its team and looks forward to her contributions in driving the Foundation’s mission and adoption of its cutting-edge technology.
About Partisia Blockchain Foundation:
Partisia Blockchain Foundation brings unparalleled opportunities by empowering privacy-preserving, interoperable and sustainable innovation for fairness and transparency. It fuels the most secure and efficient networks to solve global problems. Distilled with more than 30 years of rigorous research, Partisia Blockchain future-proofs solutions, solves tomorrow’s challenges by powering fair, secure, distribution of benefits. While preserving privacy and confidentiality, it brings accountable, transparent and decentralized governance. Learn more: www.PartisiaBlockchain.com
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The second and final day of Token2049 is a wrap! Today was packed with discussions around the future of Web3, the power of tokenization, and the role of stablecoins in the financial system. With numerous panels and networking sessions, here are the highlights from day two:
A key theme today was the growing potential of tokenization to transform asset ownership. From real estate to commodities, speakers discussed how blockchain technology can enable the tokenization of real-world assets, making them more liquid and accessible. By creating digital representations of physical assets, tokenization is not only democratizing investment opportunities but also improving the efficiency and transparency of asset transfers.
Stablecoins, and their relationship with Central Bank Digital Currencies (CBDCs), sparked lively debate. The discussion centered on how stablecoins serve as a bridge between traditional financial systems and digital assets, offering liquidity and stability. Meanwhile, panelists explored the global race for CBDCs, with nations such as China and Singapore leading the charge. The consensus was clear: both stablecoins and CBDCs will play critical roles in the future financial ecosystem, though there are still challenges regarding regulation and interoperability to address.
As Web3 continues to evolve, privacy and data security were identified as critical issues. Panelists explored how privacy-preserving technologies, such as zero-knowledge proofs and multiparty computation (MPC), can help secure user data in decentralized systems. As users demand more control over their data, blockchain solutions that balance transparency with privacy are expected to be at the forefront of Web3’s development.
Bakyt Azimkanov, Head of Communications at Partisia Blockchain, offered his take on the day’s events:
“Tokenization and privacy-preserving technologies are opening new doors for Web3. Today’s discussions have made it clear that we are only scratching the surface of what is possible in decentralized finance and digital assets.”
Thank you for tuning in to our daily recaps and if you would like to reach out to us, feel free to check our socials below.
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We kicked off the first day in Singapore during Token2049. It is an honor to be a gold sponsor of the 2024 edition and discuss the advancement of the Web3 space during this eventful week. With a full schedule of panels and keynote sessions, here is a recap of today’s major themes:
One of the recurring topics is the institutional interest in blockchain and digital assets. Speakers from major financial institutions emphasized the increasing recognition of blockchain as a tool for improving operational efficiency, transparency, and compliance. The discussions touched on the integration of blockchain into traditional finance systems and the regulatory frameworks emerging across Europe and Asia, especially with Europe’s MiCA and Singapore’s regulatory advancements leading the charge.
DeFi was a major focus today as speakers explored how decentralized financial protocols are revolutionizing traditional banking services. With discussions around liquidity provision, decentralized exchanges, and lending protocols, panelists highlighted the potential of DeFi to enhance financial inclusion while lowering transaction costs. Security and governance within DeFi ecosystems also took center stage, with new solutions being proposed to ensure the stability of these systems as they scale.
During one of the panel sessions hosted by Partisia Blockchain on Level 3, it was discussed that “structured products are the next big thing for DeFi integration, DeFi use work with DeFi if it is going to go mainstream”.
Web3 and its promise to reshape the internet are prominent today. Participants discussed the decentralized internet’s potential to return control of data and assets to users, moving away from the current centralized model. The conversation highlighted how Web3 infrastructure must evolve, addressing challenges related to scalability, interoperability, and user experience before it can achieve mainstream adoption.
Bakyt Azimkanov, Head of Communications at Partisia Blockchain Foundation, reflected on today’s sessions: “We are on the brink of a new era in digital assets and blockchain. The conversations today have shown how institutions and innovators are working together to create a more transparent, decentralized financial system.”
We look forward to sharing tomorrow’s highlights with you.
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We are excited to announce the distribution of the first tranche of our $MPC AirDrop campaign! The claim phase is officially open, and the first distribution of rewards will happen on 20 September 2024. We appreciate the tremendous response from our community and were thrilled to see so many users participating in this event.
All information and detailed steps on the claiming process can be found on our official landing page. Additionally, you can review the instructions below. If you have not claimed your MPC tokens yet, there is still time! Here is a quick guide to make sure you can participate:
Please note that there will be no additional distributions if participants fail to claim within these timelines, so be sure to act promptly.
Once you have claimed your MPC tokens, you may be wondering how to maximize the value of your rewards. Here are two powerful options to consider:
1. Stake your MPC tokens
Instead of spending your tokens right away, consider staking them to get a substantial APY. Staking your MPC tokens not only secures the Partisia Blockchain network, it also allows you to grow your rewards significantly over time. To start staking, visit the staking section on our Partisia Blockchain platform.
2. Hold for future AirDrops
More AirDrops are coming soon! By holding onto your MPC tokens, you will position yourself for even more rewards in the near future. Stay tuned for announcements on upcoming AirDrops and other exciting developments on Partisia Blockchain.
🚨 Please remember: Partisia Blockchain will never contact you directly regarding the AirDrop claim process or token distribution. Always use official channels and be cautious of potential scams. Protect your tokens and only trust official communications from Partisia Blockchain.
Whether you are staking your MPC or holding out for future opportunities, your participation helps strengthen the Partisia Blockchain ecosystem. We are committed to providing a decentralized and secure platform for everyone, and we are excited to continue building the future of blockchain together with you.
If you have any questions or need assistance, feel free to visit our support page or follow our official channels for the latest updates.
Claim your rewards today and get ready for what is next!
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August was filled with exciting developments and reflections for Partisia Blockchain. In this recap, we share our upcoming participation as a Gold Sponsor at Token2049 in Singapore, where we will lead discussions on DeFi and Real World Assets (RWA) and the value they bring to the future of our industry. We also highlight the launch of our first mobile wallet, Koala Wallet, which now supports our MPC token across multiple platforms. Additionally, we are now members of the ERC3643 Association, positioning ourselves at the forefront of the RWA tokenization standard setting. We also reflect on key insights from our team members, including Peter Frandsen’s thoughts on data privacy and Bruce Ahn’s perspective on growing the Web3 pie. Dive into the full update to learn more.
We are excited to announce that the Partisia Blockchain Foundation is a Gold Sponsor at Token2049 in Singapore, held at the iconic Marina Bay Sands. Join our team alongside our exceptional partners as we showcase our leadership in DeFi and RWA with thought-provoking speeches, trendsetting panels and interactive booths. On 18–19 September 2024, do not miss our exclusive reDeFining RWA event, where we will explore the future of RWA, DeFi, and multiparty Computation (MPC). No Token2049 ticket is needed to join our event on level 3 in Marina Bay Sands. You can register for Day 1 (18 September) and Day 2 (19 September) here. Stay tuned on our socials to check out the partners we will be bringing along with us. See you there!
Our first mobile wallet, Koala Wallet, developed by Eucalyptus Labs, now supports our MPC token across iOS, Android and browser extensions. The next step is to integrate this wallet into various applications, with browser integration and upcoming DeFi applications set to roll out next month. For detailed instructions on how to add MPC tokens, be sure to check out this link.
Partisia Blockchain Foundation is now a contributing member of the ERC3643 Association. As part of this group, we will actively shape the future of this standard. We believe RWA is key to expanding the Web3 ecosystem, and our role in the Association cements our credibility as a key player in this space. During our AMA with Luc Falempin, Director at the ERC3643 Association, the team touched upon the various critical components of RWA, going beyond simple tokenization and the role Partisia Blockchain will play in helping to push the standard forward. You can watch the AMA here.
Last month of the summer saw an increase in publicity with Partisia Blockchain being mentioned in a number of media outlets. A few highlights include a Crypto News op-ed about bringing transparency into the fundraising process and measuring a direct impact of charities. The piece further highlights our joint efforts with the likes of the Elton John AIDS Foundation and Health Innovation Exchange to trace the impact of donations through the Partisia Blockchain-powered Vorne platform. Partisia Blockchain also made it to CoinMarketCap’s list of Top Staking Rankings. CryptoNews and NewsBTC highlighted our integration with Koala Wallet. Shirly, Mathias and Bruce Bruce were on various X Spaces to engage with the wider audience on a variety of topics, including products, AirDrops, DEX progression, our launch of the mobile wallet and other topics. Listen to both AMAs here and here.
In early August, our Chief of Growth, Shirly Valge, had an insightful engagement at BlockStart in Glasgow on 1–2 August. She took the stage to engage in panels discussing the challenges of managing global Web3 regulations and the transformative potential of tokenization in democratizing access to real-world assets. It was an inspiring event filled with valuable discussions on the future of Web3 and blockchain innovation.
In August, our Co-Founder, Peter Frandsen, shared his thoughts on a pressing issue: how to share confidential data between organizations while maintaining privacy. In his blog, Peter explores how MPC technology is transforming data collaboration, ensuring security without compromising privacy. Dive into his insights on the future of data-driven decision-making here.
Mathias Glintborg, our Head of Product, explores how Partisia Blockchain is enhancing Self-Sovereign Identity (SSI) by integrating secure multiparty computation (MPC) and blockchain technology. He discusses how MPC addresses key challenges, such as private data activation, secure storage and privacy in SSI, offering a more complete solution than current models. This innovative approach not only improves data privacy and verification, but also opens up opportunities for compliant data analytics and private AI. SSI builders can leverage this cutting-edge technology, with support and grants available from Partisia Blockchain to help launch the next generation of digital identity solutions. Bruce Ahn also reflected on his recent meetings and conferences. In his opinion piece, Bruce discusses the urgent need to expand the Web3 ecosystem by introducing real-world use cases and engaging new users. His reflections offer his insights into how the boundaries of blockchain technology can be pushed. Explore Bruce’s thoughts here.
We are excited to announce that in September 2024, we will distribute our next set of staking rewards—the largest to date! Over 3 million $MPC tokens will be distributed. Make sure to stake your tokens now to participate in this upcoming reward period and maximize your returns.
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ZUG, 21 AUGUST 2024. Partisia Blockchain, a leading innovator in privacy and regulatory compliance within the blockchain space, is pleased to announce its membership in the ERC3643 Association, the official standard-setting body for Real World Asset (RWA) tokenization. This strategic partnership underscores Partisia Blockchain’s commitment to advancing secure and compliant tokenization standards, marking a significant milestone in the integration of real-world assets on the Partisia Blockchain.
Real World Asset (RWA) tokenization involves the creation of digital tokens representing ownership or stakes in physical or financial assets, such as real estate, commodities or intellectual property. This process holds vast potential to revolutionize asset management by enhancing liquidity, transparency and accessibility. However, the key challenge lies in achieving regulatory compliance and ensuring data privacy during these transactions.
The ERC3643 Association is dedicated to establishing and maintaining rigorous standards for RWA tokenization. The ERC3643 standard is specifically designed to ensure that tokenized assets meet regulatory requirements, providing a secure and compliant framework for digital asset transactions. By adhering to these standards, blockchain platforms can seamlessly integrate real-world assets into the digital economy, ensuring both compliance and security for all stakeholders.
Partisia Blockchain’s decision to join the ERC3643 Association is a testament to its dedication to enhancing its capabilities in compliant RWA tokenization. As a member, Partisia Blockchain will leverage its advanced privacy-focused technology to create a more robust environment for tokenizing real-world assets that has the potential to transform how traditional equities and clearing markets operate.
Shirly Valge, Chief of Growth at Partisia Blockchain, says:
“This strategic alliance will enable Partisia Blockchain to ensure that its RWA tokenization processes adhere to the highest regulatory standards, providing confidence to users, contributors and regulators alike. It will also ensure RWA transactions are more secure with sensitive data protected which will hopefully provide greater assurance so more investors and companies feel comfortable engaging with blockchain technology. Harmonization of standards and greater regulatory clarity should help propel RWAs on a global scale.”
Partisia Blockchain’s inclusion in the ERC3643 Association represents a pivotal moment in its mission to lead the market in privacy-preserving and regulatory-compliant solutions for RWA tokenization. By aligning with the ERC3643 standard, Partisia Blockchain is poised to set new benchmarks in the secure and compliant integration of real-world assets into the blockchain ecosystem.
This alliance not only reinforces Partisia Blockchain’s commitment to regulatory compliance, but also highlights its dedication to driving the future of secure and compliant real-world asset tokenization. As the blockchain industry continues to evolve, Partisia Blockchain is positioned at the forefront of this transformation, delivering innovative solutions that meet the needs of a rapidly changing digital economy.
About Partisia Blockchain: Partisia Blockchain brings unparalleled opportunities by empowering privacy-preserving, interoperable and sustainable innovation for fairness and transparency. It fuels the most secure and efficient networks to solve global problems. Distilled with 35 years of rigorous research, Partisia Blockchain future-proofs solutions, solves tomorrow’s challenges by powering fair, secure, distribution of benefits. While preserving privacy and confidentiality, it brings accountable, transparent and decentralized governance. Learn more: www.PartisiaBlockchain.com
About ERC3643 Association: The ERC3643 Association is a non-profit organization regrouping industry leaders within a shared mission to advance the adoption of the ERC-3643 standard and promote the development of a standardized, secure, and compliant tokenization framework. The association brings together the expertise and resources of its members to foster collaboration, drive innovation, and create a more inclusive, efficient, and secure financial landscape. Learn more: www.erc3643.org
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ZUG, 20 AUGUST 2024. Partisia Blockchain, a pioneer in privacy-preserving blockchain solutions, is proud to announce that its MPC token is now supported by Koala Wallet, a leading mobile wallet provider. This integration signifies a major milestone in enhancing the accessibility and security of the MPC token, offering users a new and convenient way to manage their digital assets on the go.
Koala Wallet is the first mobile and cross-chain wallet supporting MPC token, significantly expanding the user base and accessibility.
The inclusion of the MPC token in Koala Wallet further broadens the ecosystem of platforms supporting Partisia Blockchain’s innovative technology. Already compatible with MPC Wallet, MetaMask Snaps, Ledger and Partiwallet, the addition of Koala Wallet underscores the growing demand for secure and user-friendly solutions in the digital asset space.
The MPC token leverages Partisia Blockchain’s cutting-edge multiparty computation technology to ensure that all transactions are privacy-preserving and secure. Koala Wallet’s robust security measures further protect users’ digital assets, offering peace of mind in every transaction.
With the Koala Wallet app, users can now manage their MPC tokens anytime and anywhere. This mobile accessibility is crucial for asset holders who require seamless and secure on-the-go management. The integration into Koala Wallet extends the reach of the MPC token, providing users with more choices in how they manage and secure their assets.
This integration is a significant step forward in Partisia Blockchain’s mission to deliver secure, privacy-preserving solutions to the blockchain community. By partnering with Koala Wallet, Partisia Blockchain is making it easier for users to manage their MPC tokens within a secure and accessible mobile environment.
Shirly Valge, Chief of Growth at Partisia Blockchain, says:
“The integration with Koala Wallet not only strengthens the position of the MPC token within the broader blockchain ecosystem, but also highlights Partisia Blockchain’s commitment to advancing the usability and security of digital assets. As the need for secure transactions continues to grow, this collaboration ensures that users have access to a mobile wallet that prioritizes both security and convenience. MPC technology helps provide assurance for those who believe in blockchain technology’s potential but at the same time have concerns regarding input privacy.”
Partisia Blockchain is excited about the opportunities this integration brings and remains dedicated to expanding the reach and utility of the MPC token. As the blockchain industry evolves, Partisia Blockchain will continue to collaborate with leading platforms to deliver innovative, secure and user-friendly solutions that meet the needs of digital asset holders.
About Partisia Blockchain: Partisia Blockchain brings unparalleled opportunities by empowering privacy-preserving, interoperable and sustainable innovation for fairness and transparency. It fuels the most secure and efficient networks to solve global problems. Distilled with 35 years of rigorous research, Partisia Blockchain future-proofs solutions, solves tomorrow’s challenges by powering fair, secure, distribution of benefits. While preserving privacy and confidentiality, it brings accountable, transparent and decentralized governance. Learn more: www.PartisiaBlockchain.com
About Koala Wallet: Koala Wallet is a secure and user-friendly mobile wallet designed to simplify digital asset management. Supporting a wide range of tokens, Koala Wallet prioritizes security, privacy and convenience, making it easy for users to manage their assets on the go. Trusted by thousands, Koala Wallet is committed to delivering a seamless and secure experience for cryptocurrency holders worldwide. Learn more: www.KoalaWallet.io
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In previous articles we have discussed how secure multiparty computation (MPC) and public blockchains can enhance digital identity for verification and self-sovereign identity (SSI) in particular.
It is now time to take a deeper look into how Partisia Blockchain and its MPC capabilities enhances SSI to cope with the unsolved challenges around private data activation.
This is a great opportunity for SSI builders to pick up cutting edge privacy technology and leverage our support to launch the next billion dollar digital identity business.
For the best teams, we offer grants and dedicated support directly from our core team. Apply for grants here.
Now, let’s get into it!
SSI revolves around issuers such as KYC providers that issue verifiable credentials (VCs) to users who store the identity data on their own hardware – therefore “self-sovereign” – typically in an identity software wallet on the phone. Verifiers are the third-party who can receive various types of identity data presentations from credentials such as proof of country and birthdate from a KYC credential. Presentations of VCs is the equivalent of showing physical credentials such as a passport, but in a digital and secure manner.
Presentations are generated in identity wallets by the users themselves and the exchange of them are facilitated by a secure connection that is often managed by a centralized service called an agency.
The idea about SSI becomes really powerful when users receive and hold multiple VCs from multiple issuers that make up entire digital identities, which is entirely owned and managed by the user at first. The complete identity data simply will not rest anywhere else besides on the users own hardware, until the users chose to present the data which in addition can be protected with privacy features such as selective disclosure and zero-knowledge proofs e.g. you only show jurisdiction and prove that you are more than 18 years on from a complete KYC credential that contains much more information than what’s needed for the verifier.
Notably, VCs are inherently more secure than traditional credentials, such as physical driver’s license, because digital signatures make them tamper-resistant and instantaneously verifiable. Moreover, VCs are digital, portable and reusable, which cuts cost and makes everything much more convenient for users.
However, as much as SSI offers users true ownership of identity data, it also poses challenges in regards to privacy and compliance when activating the data through presentations for verifiers, backup and storage.
In its current form, SSI does not have strong enough privacy when activating the data through presentations because once a VC has been presented to a verifier, regardless of using privacy features such as selective disclosure and zero-knowledge proofs, the data rest with the verifier in a black box that users cannot control. How data is handled from there would rely on trusting the verifiers to comply with regulations such as GDPR, potential auditing from authorities, and any specific agreements with the users. Furthermore, there is a lack of frameworks and standards for compliant, provable and transparent data monetization which is needed to encourage mass adoption.
Another major issue with SSI in its current form is that users are only left with two options for backup of identity data that either compromise security or privacy. One option is to backup and store identity data on another piece of self owned hardware resulting in multiple self-sovereign controlled backups. However, in reality, this is not convenient for users and if hardware is lost, so is the data.
The second option, which is by far the most convenient and popular, is to store identity data externally with a third party, such as a cloud service. This way, users will unlikely lose the data itself and can always access it. However, relying on centralized external services can result in compromising privacy and giving up control because there’s little transparency in how data is stored and manipulated.
Another profound problem with SSI in its current state is the reliance on intermediaries, often known as agencies or agents, to establish connections between parties and facilitate the exchange of VCs.
Partisia Blockchain has as the world’s first L1 operationalized MPC for general computation on a public blockchain, which means that one or multiple data sources can allow others to compute on the data while it stays encrypted and operate under predefined rules expressed in smart contracts. This is also known as confidential compute and several privacy enhancing technologies (PETs) share this capability. However, MPC is superior when computing on multiple inputs and quantum resistance is a hard requirement.
Confidential compute opens up an ocean of new use cases such as private voting, RWA ownership verification, supply chain provenance, GDPR compliant data analytics across multiple data silos, and very importantly for this article enhanced and complete privacy in SSI.
Partisia Blockchain and its MPC capabilities allows a user with an identity wallet to encrypt identity data with secret sharing encryption and then share it with a network of MPC nodes that will not be able to read the original data because the secret shards are distributed amongst the network. There is simply no way to reconstruct the secret and read the original data unless individual secret shards are collected based on a threshold, which is protected by MPC and a collateralized non-collusion security model. Furthermore, secret sharing encryption is by default quantum resistant, so it is not possible to brute force a secret with a supercomputer unlike other PETs like fully homomorphic encryption (FHE) that relies on public key encryption.
This also means that MPC allows for users to have data stored in a “self-sovereign” external network which can function as back-up or simply storage, but more importantly, a private SSI platform to activate the data against a verifier’s request through private verifications and standard privacy features. Partisia Blockchain natively supports multiple standards and can produce presentations for private verification, but also across private and public blockchain for various purposes.
Private verification is really what sets MPC enhanced SSI apart from the current SSI e.g. during the recent pandemic, many attempts were made to create a Covid-19 passport so citizens could prove they were either vaccinated or tested negative while preserving privacy in the claim. Zero-knowledge proofs are good for this, but limited to only presenting yes/no results to a verifier without extensive physical verification, such as ID cards, which would compromise SSI principles.
In collaboration with HES-SO Valais-Wallis, Partisia Blockchain developed a solution where identification is reduced to matching an individual’s face with an image of the person’s face powered by MPC in order to increase security and privacy. The Partisia Blockchain ensures trustworthy information is broadcasted to the verifier and MPC ensures that the private information about the citizen is used only for matching and kept hidden for the verifier.
While MPC is powerful for verification, the idea about having identity data in a private secure network is also useful for use cases that revolves around private AI, e.g. identity data can remain encrypted while a private AI model compute on it and only when the user received the output it can be decrypted incl. the result from the AI model.
Very significant for the above solutions is that the agency is left out so the secure connections and data presentations are managed directly from the MPC clusters where the data privacy is protected and data managed completely on the users’ terms.
As aforementioned, MPC is powerful when it comes to computing on multiple inputs while preserving privacy. This unlocks a massive potential for compliant and private data analytics on multiple users data combined for use cases such as healthcare data for pharmaceutical R&D and data aggregations for monetization where users are rewarded, but didn’t give up privacy.
The concept is the same as for a single user data where secret sharing encryption is performed and the secret shards are distributed to MPC clusters. However, for multiple users the MPC nodes are able to combine and compute on the data while never understanding the complete input and share encrypted outputs which can only be decrypted and understood by selected users as predefined in zk smart contracts.
DID/SSI is a large stack of different technologies and this article has only covered how to enhance SSI which is the lacking component to offer compliant end-to-end solutions on top of the existing stack. Together with our partners, we are also building out a significant amount of the fundamental DID/SSI component such as agency, mobile SDKs, identity wallets, standards, DID method, DID resolvers, onchain DID documents, definitions and schemas, trusted registries and more.
Reach out to us for a conversation and learn more about our technologies.
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As a part of my role at Partisia Blockchain Foundation, I meet a large number of interesting people at various conferences and events. Some are in Web3 in nature and others are more institution based. And I find there is a difference between these two types of people that highlight what I think is one of the biggest challenges in Web3 currently.
In Web3 conferences, I’m usually meeting the same people I met year after year.
My recent trip to Malaysia and Germany showed this phenomenon clearly. During the Malaysia Blockchain Week, I met with Web3 people who were all in the industry for many years working on similar projects as they were last year. On the other hand, outside of the blockchain conference, I also met with leaders in the health tech industry whom we had deep conversations about how to solve real world problems using Partisia Blockchain’s MPC technology. At the IAS event in Germany, with over 25k in attendance, we were the only blockchain company presenting a Web3 solution.
Kurt Nielsen, our president, put it best in this interview where he speaks about the importance of “growing the pie” in Web3. Meaning that in order for Web3 to succeed, we must find new users, new real world use cases, and new ways to solve real problems using this wonderful technology called the blockchain. Yet, everyone I meet in Web3 conferences is always telling me, “I’ve been in this space for the last x number of years.” It is extremely rare to meet someone who says “I’m new to the blockchain space and interested in learning how this can solve our real world problem”.
Fighting for a share of the same pie
The current Web3 conferences, for the most part, have people who are fighting for the “share of the same pie” it has been fighting for multiple years, so to speak. It’s the entity that has the same players, building the same type of applications for the same group of people year after year. And while you have a few real world industries looking to experiment with blockchain, most, if not all of the Web3 focused events I go to are full of people building the same thing, but packaged just slightly differently. Why is this the case?
And so we see two different themes emerging. Those who are the early adopters, the visionaries and pioneers building Web3 and integrating blockchain technology into real world use cases to solve real problems, and those who are looking for the quick token launch and get rich plan disguised with the pretense of revolutionizing an industry. One has a long and promising future. The other… Well, you can only go so far when everyone is fighting for the same pie..
“Privacy, interoperability, and scalability are fundamental principles that have been pillars of past successful technology innovations and they will be for the Web3 industry as well.”
Partisia Blockchain’s focus has always been about collaboration and solving real world problems. We have founders who understand the challenges of the real world. In the real world, privacy is a fundamental human right, and your private information should not be disclosable to everyone. In the real world, people collaborate and work together to grow the market you are in rather than close off your ecosystem to only those who can pay with your own currency. In the real world, infrastructures are scalable, available to support the world’s population. (Think the internet for example) These fundamental principles play out in real world scenarios and while blockchain provides an incredible value proposition, one of decentralization and trustlessness, it is not a complete solution. Privacy, interoperability, and scalability are fundamental principles that have been pillars of past successful technology innovations and they will be for the Web3 industry as well..
This has been our focus, and the reason why our blockchain architecture is built different. And, as a result, we have quite a number of real world partners working to build things that impact the real world. And we continue to garner interest from people who are looking to solve real problems.
We are committed to growing the pie by bringing the technology to non Web3 industries. Use cases like the humanitarian token system, where we are able to distribute financial aid to those impacted in conflict regions. A donation platform where using blockchain technology, aid can be distributed not only quickly, but also transparently giving the donors full visibility to whom and how their donations made an impact. Tackling counterfeit medication in Africa through a combination of transparent and private supply chain infrastructure. These are samples of real world problems Partisia Blockchain is tackling to solve.
In the Web3 space, we are also focused on adding these fundamental principles that are currently missing to help grow the pie within. Providing DeFi solutions that solve for interoperability, scalability and privacy. Partnering with academia to create a framework for DID that governments can support. Building solutions that enable a real trustless, secure, and interoperable self custody solution that can be built to suit the users individual requirement.
The Web3 industry will undoubtedly continue to survive. Thrive even. But it will also evolve from the current hype cycle to something more mature. As this maturity continues, the need to meet these basic fundamental principles will become more apparent. We also need to work together to grow the pie, rather than fighting for a share in the existing pie. And those who understand and share in this vision will help drive the next generation of Web3 solutions. We hope, through this maturity, we will grow the pie, and perhaps see a new friendly face join the next Web3 conference.
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This is part 3 of a three-part series where we review the three key technology innovations of Partisia Blockchain and compare them with other blockchain technologies. You can read our intro and the performance comparison between various other chains here, or read more about the privacy layer comparison here.
Part 3 reviews the various web3 infrastructure aiming to address the issue around interoperability between different chains, the techniques used as well as pros and cons of various technologies.
Partisia Blockchain is deeply committed to interoperability, aiming to foster trust and collaboration across diverse blockchain networks. Its unique architecture addresses the challenges of cross-chain interactions through a multi-faceted approach, including its innovative “Bring Your Own Coin” (BYOC) concept and advanced bridging solutions.
BYOC allows users to pay gas fees in various liquid coins like Ethereum, BNB, MATIC, USDC, and USDT, rather than requiring a native token. This flexibility enhances convenience and accessibility, eliminating the need for users to acquire a specific token for network interaction. Moreover, BYOC enables developers to open their decentralized applications (dApps) to a wider audience, as users can transact with their preferred cryptocurrency. The stable fee structure, pegged to USD, ensures predictability for projects and users alike, regardless of underlying asset price fluctuations.
Partisia Blockchain’s token bridge is another core innovation. It employs a combined approach of double bookkeeping, staking as collateral, and large-scale MPC-based selection of oracle nodes to form a secure and efficient bridge. This design ensures a 1:1 correspondence between tokens across chains, enhancing security and trust in cross-chain transactions. The token bridge also incorporates a mechanism of frequently expiring epochs and MPC tokens as collateral staking, limiting the accumulation of financial risk.
For securing digital assets, Partisia Blockchain offers MOCCA, a decentralized and fully programmable custody solution. This enables institutions, DAOs, exchanges, and wallet providers to collaborate trustlessly to secure the assets of their users. MOCCA’s smart contracts provide flexibility in defining access controls, voting powers, NFT permissions, and transaction rules, catering to diverse custody requirements.
Partisia Blockchain’s versatility also allows it to function as a second layer for other blockchains. By deploying a zero-knowledge smart contract on Partisia alongside a public contract on the Layer 1 chain, dApps can leverage Partisia’s privacy-preserving capabilities without migrating their entire infrastructure. This approach enables seamless integration of privacy features into existing applications, promoting wider adoption of privacy-preserving technologies.
LayerZero is a messaging protocol designed to facilitate seamless communication and data exchange between blockchains, fostering an “omnichain” vision where all chains are interoperable. This is achieved through a Mesh Network architecture that overcomes the limitations of existing cross-chain solutions.
The innovation lies in facilitating communication between blockchains without the need for costly on-chain nodes or insecure middle chains. This is achieved through a combination of Ultra-Light Nodes (ULNs), blockchain endpoints, decentralized third-party oracles, and relayers. Oracles, such as Chainlink and Band Protocol, fetch transaction data from the block header, while independent relayers verify the transaction proof. This dual verification process ensures the security and validity of the message.
Functioning as a messaging layer, LayerZero enables communication between different blockchains and their smart contracts. The Omnichain Fungible Token (OFT) contract standard enables seamless cross-chain token transfers without asset wrapping or intermediate chains. However, this functionality is tied to the LayerZero ecosystem, which limits the potential reach and interoperability of tokens.
Each application built on LayerZero can configure a security stack consisting of several required and optional decentralized verifier networks (DVNs) to verify its messages. These DVNs can leverage various validation methods, including zk-technology, middlechains, and consortium signers. Additionally, Rate Limiter allows controlling the number of cross-chain messages within a specific time frame, preventing denial-of-service (DoS) attacks and ensuring regulatory compliance. However, this is at a cost of performance.
This flexible approach to security empowers applications built on LayerZero to tailor their verification mechanisms to their specific needs and risk profiles. By not prescribing a single method, LayerZero allows for a diverse range of security configurations across the ecosystem.
Cosmos is designed to be the “Internet of Blockchains,” addressing the limitations of isolated blockchain networks. It achieves interoperability and scalability through a combination of innovative technologies and a modular architecture.
Instead of a single monolithic blockchain, Cosmos allows for the creation of multiple independent blockchains, each with its own specific use case and consensus mechanism. Developers can leverage pre-built modules for common blockchain functionalities, reducing development time and complexity.
The Cosmos Hub serves as the nexus for the entire Cosmos ecosystem. It acts as the intermediary connecting various blockchains within the network. Instead of each blockchain directly linking to every other chain, they all plug into the Cosmos Hub. This hub keeps track of interactions and facilitates communication among different zones (blockchains) in a secure and efficient manner.
Cosmos ensures security through a decentralized validator model. Each chain has its own set of validators responsible for verifying transactions and securing the network. This decentralized approach eliminates single points of failure and enhances the overall security of the ecosystem.
Replicated Security is a feature that allows the Cosmos Hub to provide its strong security to other blockchains, known as “consumer chains” through the IBC protocol. This enables consumer chains to benefit from the Cosmos Hub’s security without needing to maintain their own validator sets.
Interchain Accounts (ICA) represent a significant advancement in cross-chain interoperability, making the Cosmos ecosystem more interconnected and user-friendly. With ICA, applications can directly access and utilize functionalities of applications on other chains and users are able to perform actions like token transfers, swaps, staking, and governance participation from a single account. The benefits of ICA extend to various use cases, including cross-chain liquidity provision, lending, borrowing, and NFT transfers. It enhances governance by allowing voting on proposals across multiple chains without switching accounts.
In addition to IBC, Cosmos supports bridge protocols like Gravity Bridge and Wormhole Gateway. These bridges connect the Cosmos ecosystem with other blockchain networks like Ethereum and Solana, further expanding interoperability and enabling asset transfers and cross-chain communication between diverse ecosystems.
The comparative analysis of various blockchain technologies reveals a spectrum of approaches to privacy, scalability, and interoperability.
Partisia Blockchain’s focus on privacy is not only a technological advancement, but also a philosophical shift towards a more user-centric and privacy-conscious approach to blockchain technology. By seamlessly integrating cutting-edge cryptographic techniques, such as multi-party computation (MPC) and zero-knowledge proofs (ZKPs), with a high-performance blockchain architecture, it presents a unique paradigm that transcends the limitations of traditional blockchain models. This fusion of privacy and performance empowers the development of decentralized applications and smart contracts capable of securely processing sensitive data while maintaining scalability and interoperability across diverse networks.
As the demand for privacy-centric applications continues to grow, Partisia Blockchain’s innovative solutions will be instrumental in driving the next wave of decentralized innovation. Its ability to address the inherent challenges of blockchain technology while maintaining efficiency and interoperability positions it as a compelling platform for building the next generation of decentralized applications.
As we kick off the third quarter, July 2024 has been a busy and exciting month for Partisia Blockchain. In this update, we are thrilled to announce the launch of Project RESCUE, new partnerships, and the listing of the $MPC token on Bitpanda. We will also provide a sneak peek into upcoming events like BlockStart in Glasgow. Read on for all the details and stay tuned to our social channels for more updates.
The Partisia Blockchain Foundation proudly announced the launch of Project RESCUE, the world’s first blockchain-based social impact funding initiative that enables end-to-end traceability of donations. This project is both a testament to our commitment to doing good and a demonstration of how blockchain can affect positive change in the world. This marks just the beginning of our implementation of projects launching on Vorne.ai and other initiatives similar to Project RESCUE. Check out our summary of the event here.
July was filled with LOIs and new grant agreements. Starting with Truflation and their push into the RWA space, they agreed to work with Partisia Blockchain to further their existing RWA pricing service, using Partisia Blockchain’s MPC to help privatize certain elements of the assets they are digitizing.
Degen House also signed an agreement to build two potential solutions on Partisia Blockchain: a proof of concept for a payment system similar to the ICRC design but for public use, and an NFT marketplace.
Digital Assets Technologies AG (DAT.AG) received a grant to build the world’s first privacy-preserving, secure environment for transaction and asset verification. It is not just about locking down data; it is about ensuring that data can be shared and verified in a manner that aligns with modern privacy expectations and compliance demands. Essentially, it is a platform for easy audit compliance in the Web3 world.
On 16 July 2024, we were thrilled to announce that the $MPC token was listed on Bitpanda! This listing opens the door for more users to explore the innovative MPC technology, which provides cutting-edge data encryption and unparalleled security on Partisia Blockchain. Dive in and experience the future of secure digital transactions with $MPC.
Kurt Nielsen, Co-Founder of Partisia Blockchain, shares his insights on how Web3 and MPC technology can revolutionize the data economy by empowering users with control over their data. Discover how MPC is paving the way for secure and decentralized collaboration. Read more in Disruptive Tech News: Is Web3 Still Relevant? The Jury’s Still Out, But the Clock Might Be Ticking for This New Paradigm
Join us at BlockStart in Glasgow, Scotland, on 1-2 August 2024. Our Chief of Growth, Shirly Valge, will be sharing valuable insights on the projects we are working on and emerging trends in blockchain. She will be part of engaging panel discussions on “How do global Web3 projects manage local regulations?” and “From physical to fractional: How Tokenization is democratizing access to real-world Assets”. Do not miss the chance to connect with Shirly, you can book your meeting here.
We are excited to share that the final computation of phase 1 of the AirDrop has begun and we are anticipating possible distribution in mid to end of August. Phase 2 will begin soon after tying with the launch of our DEX from zkCross. This marks a significant milestone as we continue to engage with our community and expand the adoption of the $MPC token. Stay tuned for more details on how you can participate and what to expect as we move forward.
As we gear up for Token 2049 in Singapore on 16-21 September 2024, we are thrilled to connect with our community at one of the largest crypto events of the year. Be sure to visit our venue and join us for engaging discussions and insights into the latest from Partisia Blockchain. Stay tuned to our social channels for more updates and details. We look forward to seeing you there!
Bruce Ahn, Chief Success Officer, and Mathias Glintborg, Head of Product, will join X Spaces on 2 August 2024 to discuss adoption, the product roadmap, and other topics. Do not miss this opportunity to get an update on the latest developments and ask your burning questions! Set your reminder here.
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This is part 2 of a three-part series where we review the three key technology innovations of Partisia Blockchain and compare them with other blockchain technologies. You can read more about Partisia Blockchain as well as the performance comparison between various other chains here.
Partisia Blockchain’s core technology, multiparty computation (MPC), allows multiple parties to jointly compute a function on their private inputs without revealing those inputs to each other. This enables secure collaboration and data sharing while preserving confidentiality.
The pursuit of privacy leads to the creation of a groundbreaking zero-knowledge layer. In Partisia Blockchain’s implementation, the input data is secret-shared among multiple nodes, and the computation is performed on these shares, ensuring that no single node can access the raw data.
This ZK layer combines various cryptographic techniques to ensure data confidentiality, integrity and privacy throughout the entire lifecycle of a transaction.
This multi-faceted approach to privacy ensures that user data remains confidential, secure and tamper-proof throughout its lifecycle.
Partisia Blockchain’s MPC smart contracts are designed for comprehensive coordination of both public and private computations. A key differentiator is the introduction of private smart contracts, which streamline the integration of zero-knowledge computation and MPC-as-a-Service solutions.
By integrating Partisia Blockchain’s suite of privacy-centric tools, developers and projects can seamlessly implement best-in-class privacy measures and harness the power of most notably MPC for different use cases.
Mina Protocol is a Layer 1 blockchain that enhances privacy through its utilization of zero-knowledge proofs (ZKPs). These ZK proofs allow for the verification of transactions and the state of the blockchain without revealing sensitive details publicly. However, it is important to note that while transaction details are obscured on the public ledger, node operators still have access to the actual transaction data.
Notably, Mina’s ledger remains a mere 22KB in size, regardless of the number of transactions, ensuring lightweight accessibility and efficient verification.
At the core of Mina’s consensus mechanism is Ouroboros Samisika, a (PoS) protocol derived from Cardano’s Ouroboros. This protocol enables Mina to resolve long-range forks without relying on transaction history or risking centralization. Ouroboros Samisika utilizes verifiable random functions (VRFs) to select block producers, safeguarding the network against Denial-of-Service (DoS) attacks while ensuring scalability.
Leveraging recursive ZKPs allows the creation of an open database of verified statements, fostering composability within the ecosystem. Applications can interact and build upon each other’s verified data without compromising privacy or incurring excessive fees. The “proof of everything” concept allows for the creation of a decentralized network where data and actions are verified and readily usable by other applications, enabling scalable blockchain applications that leverage collaborative computation.
Mina’s forthcoming upgrade aims to further enhance its ZK capabilities, enabling ZK smart contracts (zkApps), Layer 2 solutions, and bridges. This upgrade moves smart contract execution off-chain while maintaining on-chain verification, addressing challenges like data constraints and gas costs.
As for network throughput, many may be confused by the 1 tps, but the developers want to keep the blockchain super lightweight and perform main computations offchain relying on zero-knowledge technology.
Horizen (formerly known as ZenCash) is a privacy-focused Layer 1 blockchain platform that leverages zero-knowledge proofs (ZKPs) and cross-chain protocol Zendoo empowering developers to create customizable sidechains, each with independent consensus mechanisms, tokenomics and functionalities. This architecture allows dApps to operate on their dedicated sidechains, eliminating bandwidth competition and ensuring optimal performance.
Although Horizen’s mainchain relies on the PoW consensus, its zk-SNARK implementation enhances scalability and throughput. By compressing the data needed for transaction validation, zk-SNARKs enable the mainchain to verify the validity of numerous sidechain transactions within a single block.
In essence, zk-SNARKs act as a certificate of validity for sidechain transactions. The sidechain validates its transactions as usual, then constructs a zk-SNARK proof that summarizes the state of the sidechain. The mainchain nodes verify this proof, confirming the correctness of the sidechain’s transactions without needing to validate each one individually.
The upcoming EON 2.0 upgrade represents a significant step forward for Horizen. This upgrade will migrate the Horizen and EON (EVM-compatible sidechain) to a new, fully compatible EVM chain built on the Substrate framework with tight integration to the zkVerify protocol. This will enable faster and more cost-efficient verification of zk-proofs, further enhancing Horizen’s privacy and scalability capabilities.
Conclusion: Partisia Blockchain stands out alone as the only blockchain enabling a customizable privacy layer to enable computation of private information for providing proofs using MPC or ZKP. While other blockchains use ZK proofs, it is more used for performance and proving of a block rather than computation of actual private data.
MUNICH, 22 JULY 2024. Partisia Blockchain Foundation, a pioneer in decentralized and privacy-preserving solutions, proudly announces the launch of Project RESCUE, an innovative fundraising initiative designed to provide crucial health and social services to individuals living with and affected by HIV in emergency settings. This project is a collaborative effort with the Social Equation Hub (SEH), the Global Network of People Living with HIV (GNP+), the Partisia Blockchain Foundation, the Health Innovation Exchange (HIEX), and Vorne.ai.
Peter F. Frandsen, Co-founder of Partisia Blockchain, expressed his enthusiasm for the project, stating, “Project RESCUE embodies our commitment to leveraging blockchain technology for social good. By integrating transparency and accountability through our platform, we are revolutionizing how emergency aid is delivered, ensuring that every donation makes a tangible impact.”
Lifeline for vulnerable communities:
Project RESCUE is dedicated to delivering rapid response and emergency aid, saving lives, and providing comprehensive and urgent care to those in need. This initiative is a testament to the collaborative effort of various organizations committed to making a difference in times of crisis.
Power of donations:
This people-to-people initiative ensures that every contribution directly translates into immediate life-saving interventions and essential health services. The innovative fundraising platform offers a transparent, blockchain-based reporting system, allowing donors to see the direct impact of their contributions, fostering trust and accountability.
Target groups:
Project RESCUE aims to support people living with and affected by HIV, including:
Addressing urgent needs:
In emergency settings, individuals living with and affected by HIV face severe challenges. Project RESCUE aims to overcome these barriers by providing direct, flexible, and rapid support, addressing urgent health needs and offering life-saving services.
How to participate:
Project RESCUE will be officially launched at the International AIDS Conference 2024, scheduled from 22-26 July 2024 in Munich, Germany, and will run for five months until the end of 2024. For more information and to participate, visit Project RESCUE and Project RESCUE Vorne.ai.
About Partisia Blockchain: Partisia Blockchain stands at the forefront of blockchain innovation, committed to delivering privacy-preserving solutions that promote fairness and transparency. With a rich history of 35 years of rigorous research, Partisia Blockchain is dedicated to creating future-proof solutions that address global challenges, ensuring a fair and secure distribution of benefits. The company prioritizes privacy and confidentiality while fostering accountable, transparent, and decentralized governance.
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ZUG, 9 JULY 2024. Partisia Blockchain grants the Digital Assets Technologies (DAT) AG. to launch a platform designed to tackle critical data security and privacy issues. Tailored for auditors and blockchain organizations, the DAT’s platform will be a robust mechanism for proving asset ownership while ensuring privacy and compliance.
Traditional data transmission methods are increasingly inadequate, often leading to security breaches and undermining transaction integrity. This vulnerability affects not only auditors and blockchain organizations but also poses significant risks to Virtual Asset Service Providers (VASPs), banks and end consumers. The Partisia Blockchain-supported DAT solution will address these challenges by offering a secure, privacy-preserving environment for transaction and asset verification.
The Partisia Blockchain-backed DAT platform will be designed to balance the need for transparent audits with the right to privacy in digital transactions. This approach ensures data can be shared and verified in a manner that meets modern privacy expectations and compliance regulations, making it essential for financial institutions and end-users.
The DAT solution will combine advanced technology with industry expertise to deliver features tailored for blockchain entities and financial auditors:
The Partisia Blockchain-supported offering’s security architecture prioritizes privacy and security without sacrificing usability, featuring:
The DAT’s solution will uphold strict standards, aligning with ISO 27001 and SOC 2 frameworks to deliver a robust compliance posture. This suite of features ensures that the offering meets today’s market and regulatory requirements and can adapt and scale to future demands.
About Partisia Blockchain: Partisia Blockchain brings unparalleled opportunities by empowering privacy-preserving, interoperable and sustainable innovation for fairness and transparency. It fuels the most secure and efficient networks to solve global problems. Distilled with 35 years of rigorous research, Partisia Blockchain future-proofs solutions, solves tomorrow’s challenges by powering fair, secure, distribution of benefits. While preserving privacy and confidentiality, it brings accountable, transparent and decentralized governance. Learn more: www.PartisiaBlockchain.com
About Digital Assets Technologies (DAT) AG.: Digital Assets Technologies (DAT) AG offers secure, privacy-focused SaaS solutions for CPAs, financial auditors and digital asset companies. Created by seasoned blockchain experts, the platform revolutionizes accounting, financial audits and travel rule compliance with top-tier security and regulatory adherence. Learn more: https://dat.ag
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