ZUG, 3 JULY 2024. Partisia Blockchain enters a strategic partnership with Truflation, the premier reference point for real-world asset (RWA) indices and inflation data. This collaboration sets to transform the way real-world financial data is accessed and utilized in the decentralized finance (DeFi) ecosystem.
The collaboration is set to open new horizons for both. By integrating Truflation’s comprehensive real-time financial data with Partisia Blockchain’s secure and scalable blockchain infrastructure, the partnership will enhance the accessibility, transparency and reliability of financial data across decentralized platforms.
Kurt Nielsen, Co-Founder and President of Partisia Blockchain, says:
“We are excited to partner with Truflation to bring high-quality financial data to the blockchain space. This partnership aligns with our commitment to providing scalable and privacy-preserving solutions, enabling us to address some of the key challenges in DeFi and beyond.”
With Truflation’s accurate and independent inflation data, combined with Partisia Blockchain’s innovative approach to privacy and scalability, the two are poised to deliver unparalleled transparency and efficiency in DeFi. This partnership will enable developers to build more robust and data-driven financial applications, fostering greater trust and adoption.
Stefan Rust, CEO of Truflation, says:
“Our collaboration with Partisia Blockchain aligns with our vision to empower people and protect privacy by giving them real-time data to make informed financial decisions.”
As Partisia Blockchain and Truflation work together to integrate their technologies, both organizations are committed to pushing the boundaries of what is possible in DeFi. This partnership is the beginning of a series of collaborative efforts aimed at transforming the financial landscape through decentralized and transparent solutions.
Key benefits of the partnership:
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 Truflation: Empowered by Coinbase and Chainlink, Truflation stands as the foremost DRP (Definite Reference Point) for economic veracity, driving the tokenization of real-world assets through its independent, transparent and real-time financial data. With a comprehensive index tracking over 18 million items, Truflation offers censorship-resistant data infrastructure, fueling systemic advancements in the DeFi economy. This empowers decentralized applications (dApps), such as DEXs, to unlock boundless markets. From predicting orange juice and uranium prices to facilitating BTC-denominated oil, gas and corn markets, Truflation unlocks a diverse range of financial instruments, heralding a new era in the Web3 landscape. Learn more: www.truflation.io
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June marked a successful close to Q2 for Partisia Blockchain, filled with strategic collaborations, exciting platform launches and insightful community interactions. Highlights include HIEx’s Vorne platform launch, our successful AirDrop Program and the release of our comprehensive DeFi guide. Stay tuned as we recap key events, share our latest innovations and look ahead to impactful partnerships and initiatives in July.
This month, our highlight was the launch of HIEx’s Vorne.ai platform. The world’s first blockchain-based social impact funding platform launched with fanfare during the 77th World Health Assembly in Geneva. The platform aims to address one of the main drawbacks of donations which is the reporting of what your donation actually impacted. Look for the platform being highlighted in the 25th IAS conference in Munich in July! We also announced the launch of StakingRewards.com, a platform that lists many of the top tier networks and their staking rewards. Go check out their website to see how we compare to other chains and stake.
zkCross Network, our DeFi partner, also launched their on-ramp platform, enabling more than fiat currencies to be able to purchase Partisia Blockchain’s BYOC tokens. In the future, look for the integration to enable people to be able to buy MPC tokens directly using a credit card, Google Pay and Apple Wallet. Month of June was full of launches, with CV Pad supporting Partisia Blockchain and helping to fund teams building on top of our chain. Alongside CV Pads, we also announced Moonrig’s grant to build the world’s first crypto asset analytics platform, with accredited research analysts reviewing the various crypto assets in a more structured and professional way.
The first tranche of Partisia Blockchain’s highly anticipated 25 million MPC token AirDrop Program has ended. We are pleased to see the heightened interest in the Partisia Blockchain AirDrop Program. The next tranche—already in the works—will help power our DeFi suite of solutions. Participants, who keep their tokens bridged on Partisia Blockchain, will benefit from an early qualifying criteria for the second tranche of the 25 million MPC token AirDrop Program. During the second tranche, planned for 2024, dApps and projects scaling DeFi solutions will be deployed on mainnet and expand the scope of new use cases.
Our Chief of Growth, Shirly Valge, led an insightful workshop at the Crypto Valley Conference in Zug, Switzerland, on 6 June 2024, captivating the audience with her expertise. In her session, “Integrating Privacy and Compliance,” she delved into the innovative solutions Partisia Blockchain is developing including how we are pioneering privacy-enhancing technologies while ensuring regulatory compliance. We extend our gratitude to the Crypto Valley Conference for having us and look forward to future collaborations.
Our Head of Product, Mathias Glintborg, recently joined an enlightening podcast episode hosted by Concordium in collaboration with Novo Nordisk. This discussion delves into the intricacies of blockchain product development, offering valuable insights from industry leaders. It’s a must-listen for anyone interested in the future of blockchain. Catch up here. Meanwhile, Chief Product Officer, Mark Bundgaard, joined Anca Petre for an engaging conversation on the transformative impact of Partisia Blockchain in the healthcare sector. In this episode, Mark explores our Layer 1 blockchain architecture, explains the nuances of multiparty computation (MPC), and highlights what makes us stand out in the blockchain world. Listen here.
Our first Zealy competition has been a tremendous success. In June, we were thrilled to share the winners, and we extend our heartfelt thanks to everyone who participated and supported our project. We saw an impressive 5,029 Zealy members sign up, with a total of 30,489 quest claims completed. A total of 50,000 $MPC tokens in rewards were distributed to our community. Read the full announcement on our Discord.
The Q8 rewards for our stakers were released in June, distributing one of our largest rewards yet—over 2.7 million $MPC tokens to more than 1300 wallet addresses. Don’t miss out on a 53% APR; stake your tokens today.
Understanding blockchain does not have to be difficult. That is why we have created a series of videos that explain Partisia Blockchain in a fun and engaging way for everyone, from kids to Web3 experts. Watch the first 3 levels presented by Maria Cocu, Bakyt Azimkanov, and Bruce Ahn. Stay tuned on our socials for more!
Our new DeFi guide is now live. This detailed walkthrough provides a deep dive into low-level interfaces of decentralized finance, covering everything from interacting with smart contracts to building scalable decentralized exchanges (DEXes) using our Scalable Automated Market Maker (AMM) framework. We encourage development teams to leverage this guide to create user-friendly DeFi applications on top of these foundational contracts. Whether you’re a seasoned blockchain developer or just starting out, our guide offers the essential tools and knowledge to succeed in the dynamic world of decentralized finance.
The community is at the heart of every Web3 project, and the same goes for Partisia Blockchain. On 26 June 2024, we hosted a Twitter Spaces event to answer the community’s most pressing questions. Co-Founders Peter Frandersen, Kurt Nielsen and Brian Gallagher participated, discussing upcoming plans, our new DeFi strategy, RWA and AI, as well as the dealflow of new projects (spoiler alert: we are seeing significant growth!). Here is the recorded Twitter Spaces session.
On 22-24 July 2024, Partisia Blockchain will attend the 25th annual International AIDS Society event in Munich, working with notable organizations, such as Social Equation Hub, GNP+ and the Elton John Foundation to help raise funds to combat the HIV virus. The platform that will support the event will be none other than Vorne.ai. See you in Bavaria!
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Missed our live Twitter Spaces with the Partisia Blockchain Co-Founders? Fear not, here is the recap of one of our most awaited AMA sessions with Peter Frandsen, Brian Gallagher and Kurt Nielsen.
Kurt: We are focusing on DeFi and Real-World Assets (RWA) with a touch of Artificial Intelligence (AI). The Web3 space needs to grow beyond its current user base. This requires expanding into new areas and addressing regulations and compliance, which Partisia Blockchain is well-equipped to handle.
Peter: We are moving from technology development to building solutions by creating standards and templates for DID, NFT and RWA, making it easier to develop products on our platform.
Brian: We have been working on Parti.com, a SocialFi platform that combines decentralized finance with a creator platform, eliminating the middleman. Users get a Partisia Blockchain wallet for identification.
1. What new marketing strategies are you considering implementing? How do you evaluate the effectiveness of your current strategies on the token price and the onboarding of new applications?
Brian: We are shifting our focus from technology development to product marketing, particularly in DeFi and RWA. We are also expanding our presence in the Asian market. Collaborating with high-profile key opinion leaders (KOLs) on platforms, like Telegram and YouTube, has been key. Over 60 Tier 1 KOLs and more than 200 lower-tier KOLs have helped distribute and create content about Partisia Blockchain. Our follower count has grown by nearly 30,000 (13%), Medium subscribers by almost 150% and our Discord community by nearly 130%.
2. How do you plan to attract new projects to increase utility? What are your thoughts on the potential benefits and drawbacks of attracting projects with varying levels of interest?
Kurt: We aim at high-quality projects and work with them to ensure proper adoption. Our mainnet supports all types of Web3 projects, focusing on DeFi and RWA. We are also working on high-profile projects in advertising, gaming, AI and confidential data management. Since January 2024, we have launched six projects on mainnet, have 20 projects in development, and added more than 300 leads to our funnel.
3. In what ways do meetings in locations, such as Ibiza and Split, contribute to securing partnerships and project signings?
Kurt: Conferences and industry meetings are crucial for securing partnerships. The TEAMZ and Nordic Blockchain Conferences allowed us to discuss our strategic direction in RWA and DID. The WHA and HIEx events exposed new audiences to blockchain’s value. Token2049 brought in many new leads.
4. How can you provide more precise details about your plans to reassure the community about Partisia Blockchain’s future?
Kurt: We are building the most advanced blockchain infrastructure. Our smart contract templates address issues like front-running while complying with regulations such as MiCA.
5. Can you explain the process and considerations behind the communication of the listings? How do you plan to keep the community better informed in the future?
Brian: Compliance considerations are crucial for exchange listings. We have communicated launch days in a compliant manner and plan more AMAs and interviews.
6. What information can you provide about the timeline for the conclusion of the AirDrop?
Peter: The first part of the AirDrop has ended, and we are moving to the claiming phase. Exact dates for the next phase are not available yet, as I am not doing it all by myself.
7. How does the roadmap support DeFi?
Kurt: A new landing page will soon present our DeFi package, including on-chain custody (MOCCA), DID solutions and an AMM solution.
8. Do you have any plans on improving access to information about upcoming AirDrops, such as providing a calendar or adding a referral system?
Peter: We will improve communication around AirDrops, utilizing more AirDrop sites and ensuring information is relayed to the community.
9. Is Partisia Blockchain planning on increasing media engagement through influencer videos on platforms, like YouTube, or is the team using other methods?
Brian: Yes, we plan to increase media engagement through influencer videos on platforms like YouTube.
10. How do you assess the market performance of the token since its launch? What reflections do you have on the initial public sale pricing of 40¢?
Brian: Our token is a utility token for running nodes. We cannot comment on prices of tokens, but I can say that we focus on its use and adoption in DeFi.
11. What are the most significant challenges Partisia Blockchain faces in onboarding new dApps?
Kurt: We can only talk about some projects, and we update regularly wherever we can. But at a high level, we have an extensive pipeline built and feel that the adoption is moving in the right direction.
12. What do you think about the team’s pivot towards new product-market fits, such as Real-World Assets (RWA) and artificial intelligence (AI)?
Kurt: We are focusing on AI by creating transparency in data used for training models and ensuring confidential use of this data. Additionally, we are integrating AI with Decentralized Identification (DID) to keep user preferences hidden while allowing AI to make decisions on their behalf.
13. How is Partisia Blockchain bringing United Nations’ SDG goals to life?
Peter: Partisia Blockchain is actively working on multiple projects, including a solution for the International Committee of the Red Cross and the implementation of eIDAS, the European standard for DID. Further details will be announced as these initiatives progress.
A recording of this session is available on Partisia Blockchain’s official X (Twitter) account. A special thank you to the community members that provided us with these questions. We look forward to answering the rest of them in our upcoming AMAs.
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This is a demonstration of how to get started with DeFi on Partisia Blockchain focusing on interacting with smart contracts directly via blockchain explorer on TestNet and building DEXes based on the Scalable AMM framework developed by co-founder, Kurt Nielsen. There’s currently teams building out DeFi on Partisia Blockchain for MainNet – one example is zkCross Network.
This new AMM DEX design is intended for builders to reinvent traditional finance with a more fair and compliant DEX that ensures scalability, price guarantee, and frontrun protection – all features you will not find in a regular DEX model out-of-the-box. Note that this guide is a walkthrough of a low-level interface to learn the mechanics, and we are encouraging teams to take this and build a user-friendly DeFi app on top of these contracts. Is your team ready to build the next frontier of finance? Read more about our Grants Program.
First things first, let’s meet the testnet tokens and smart contract that we will be using in this guide.
Now, go to Partisia Blockchain’s Discord server and open a #support-ticket. Choose Developer Support option, and indicate you need test gas and IWH tokens. If you don’t have a wallet already, you can use Parti Wallet. Note: to show your MPC20 tokens in Parti Wallet, go to the “MPC20” tab and then “Manage Tokens”.
Here we use the DEX router for swapping across multiple pairs and liquidity pools to demonstrate the lock-swap price guarantee concept that can be used for building scalable DeFi that operates cross-chain and on multiple shards. In this case we will swap IWH to PPE.
1. Go IvanWifHat (IWH) token contract and sign in with your wallet.
2. Select “Approve” under the “INTERACT” dropdown.
3. Insert the smart contract address of DEX router in “Spender”, select the amount you want to swap (e.g. 50000), and hit “APPROVE” to sign the transaction via your wallet.
Remember IWH has 4 decimals e.g. if you want to approve 5 IWH, insert 50000 in “Amount”. In this guide we use 50000 in “Amount”.
Approval is needed before the DEX router can manage your tokens for the swap.
4. Now go to DEX router and select “Route swap” from the “INTERACT” dropdown.
5. Insert the smart contract address from IvanWifHat (IWH) in the “Token in” field and the smart contract address of PeterPepe (PPE) in “Token out”. Insert the amount you want to swap in “Amount in” e.g. 50000, and the minimum amount you are willing to receive from the swap in “Amount out minimum” e.g. 40000. Click “ADD ADDRESS” twice under “Swap route” and insert the smart contract addresses of QTK/IWH liquidity pool and PPE/QTK liquidity pool in respective order. This will define the route of your swap through liquidity pools. Adjust the gas fee to 500000 and hit “ROUTE SWAP”.
When you set the “Amount out minimum”, take into consideration that each liquidity pool takes a 3% swap fee, gas fees and slippage. In this example we use 50000 “Amount in” and 40000 “Amount out minimum”.
6. Examine the transaction hash to explore routing and the lock-swap price guarantee concept, and check the assets in your wallet.
Now, if you hold two tokens that correspond to a pair in a liquidity pool, you can become a liquidity provider (LP) to earn revenue from the fees paid by other users that swap.
First, make sure you have swapped your way to hold either QTK and IWH or PPE and QTK. In the below example we use QTK/IWH. See above section “Swap via router” for instructions.
1. Go to IvanWifHat (IWH) and approve the smart contract address of QTK/IWH liquidity pool to spend the amount of that token you want to supply as liquidity. Do the same for QuantumKurt (QTK).
Again, remember that IWH, QTK and PPE has 4 decimals.
2. Then go to QTK/IWH liquidity pool and select “Deposit” under “INTERACT”. Now insert the smart contract address of IvanWifHat (IWH), specify the amount, and hit “DEPOSIT”. Do the same for QuantumKurt (QTK).
3. Next, go to the QTK/IWH liquidity pool and select “Provide liquidity” under “INTERACT”. Then insert the smart contract address of IvanWifHat (IWH), specify the amount, and hit “PROVIDE LIQUIDITY”. Do the same for QuantumKurt (QTK).
4. Go QTK/IWH liquidity pool and examine the smart contract state to see your LP.
5. If you want to reclaim your liquidity and transfer the tokens back to your account, then use the “Reclaim liquidity” and “Withdraw” function.
You can find all DeFi smart contract templates here if you are interested in deploying your own DEX and explore all functionalities as operator. For more information on how to compile, deploy and interact with smart contracts, please visit the smart contract documentation. Connect with us on Discord for our tech Q&A and apply for our Grants Program if you are interested in building DeFi on mainnet.
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ZUG, 17 JUNE 2024. The first tranche of Partisia Blockchain’s highly anticipated 25 million MPC token AirDrop Program has ended. The rewards will be paid out soon after. We are pleased to see the heightened interest in the Partisia Blockchain AirDrop Program. The first tranche cemented the network’s strength and helped expand the ecosystem.
Important information
The next tranche–already in the works–will help power our DeFi suite of solutions. Participants, who keep their tokens bridged on Partisia Blockchain, will benefit from an early qualifying criteria for the second tranche of the 25 million MPC token AirDrop Program. Our Program offers unique opportunities for its participants and helps gain firsthand experience with multiparty computation (MPC) technology and test new dApps.
The second tranche of the AirDrop Program will focus on DeFi and solutions, such as Scalable Automated Market Makers (Scalable AMM), Interoperability (BYOC), Cross-Chain Custody (MOCCA) and Digital Identity. During the second tranche, planned for 2024, dApps and projects scaling DeFi solutions will be deployed on mainnet and expand the scope of new use cases.
We congratulate the participants of the début tranche and encourage them to participate in the next part of the Program.
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In the last week of May, the global healthcare community convened in Geneva for the 77th annual World Health Assembly of the World Health Organization. This significant event brought together corporate leaders, including pharmaceutical giants, insurance groups and hospital conglomerates, alongside government delegations from around the world. The assembly aimed to address pressing global health issues and explore innovative solutions.
A standout feature of our presence in Geneva was the active participation of Partisia Blockchain and its partner, the UNAIDS spin-off Health Innovation Exchange (HIEx). HIEx organized a series of high-profile events that tackled critical healthcare topics. Attendees included senior executives from Fortune 500 companies, healthcare professionals, fund managers, major foundations, technological innovators, donors, and high-ranking government officials, including ministers, vice ministers and ambassadors from multiple countries.
On 29 May 2024, Partisia Blockchain and HIEx marked a momentous occasion by unveiling a groundbreaking solution during a joint session. HIEx introduced a new platform, Vorne.ai, powered by Partisia Blockchain. This platform built on our technology addresses a significant challenge in healthcare fundraising: the lack of transparency regarding the impact of donations.
Vorne.ai revolutionizes the donation process by providing a simple one-click donation feature coupled with transparent value-chain reporting throughout the lifecycle of donated funds. This innovation allows donors to see the direct impact their contributions are making, enhancing trust and accountability.
Partisia Blockchain plays a pivotal role in this process by facilitating a one-to-one matching of donations with a stable token that is minted, used and tracked to ensure the traceability of each donation’s impact on supported causes. This cutting-edge technology was showcased to global delegations, demonstrating the transformative potential of blockchain and multiparty computation (MPC) technologies.
Our MPC technology is transforming healthcare, research and supply chains. This technology further enhances the capabilities of blockchain, offering new dimensions of security and privacy that are crucial for the healthcare sector. Here is how MPC is transforming various sectors:
Healthcare data privacy: MPC allows multiple parties to jointly compute a function over their inputs while keeping those inputs private. This is particularly valuable in healthcare, where patient data privacy is paramount. MPC enables secure data analysis and sharing among healthcare providers without compromising patient confidentiality, leading to better diagnosis and treatment outcomes.
Collaborative research: In the research sector, MPC facilitates secure collaboration between institutions. Researchers can share and analyze sensitive data without exposing it to unauthorized parties. This accelerates the pace of medical discoveries while maintaining data privacy and security.
Pharmaceutical industry: MPC technology ensures secure sharing of proprietary data among pharmaceutical companies during medicine development. It enables collaborative research and development while protecting intellectual property, thus fostering innovation, reducing inefficiencies and accelerating the creation of new therapies.
Medical supply chain management: MPC enhances supply chain transparency and security. By ensuring that sensitive information, such as components, pricing and supplier details, is protected, MPC allows stakeholders to verify the authenticity and quality of medical supplies without exposing confidential data. This leads to a more reliable and efficient supply chain.
Partisia Blockchain is proud to partner with HIEx in this groundbreaking initiative. Through this collaboration, we are making significant strides in realizing the United Nations Sustainable Development Goals (SDGs). Vorne.ai represents a critical first step in creating innovative solutions that address real-world issues in both the public and private sectors.
The 77th World Health Assembly highlighted the critical role of innovative technologies like blockchain in addressing global healthcare challenges. The unveiling of Vorne.ai by HIEx and Partisia Blockchain showcases the transformative potential of blockchain in creating transparent, efficient and impactful solutions for the healthcare sector. As we continue to advance these technologies, our commitment to supporting the UN SDGs remains unwavering. Through strategic partnerships and continuous innovation, we aim to transform the healthcare landscape, solving some of the world’s most pressing healthcare problems and making a tangible impact on global health and well-being.
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GENEVA, 11 JUNE 2024. Partisia Blockchain announces the launch of Vorne.ai, an innovative fundraising platform developed by the Health Innovation Exchange (HIEx) and powered by Partisia Blockchain and its multiparty computation (MPC) technology. This pioneering platform is set to transform the landscape of healthcare fundraising by addressing a critical issue: the lack of transparency in demonstrating the impact of donations.
Health Innovation Exchange is dedicated to improving access to healthcare worldwide. With the introduction of Vorne.ai, HIEx tackles the longstanding challenge of transparency in fundraising. For the first time, Vorne.ai offers not only a simple one-click donation feature, but also transparent value-chain reporting throughout the lifecycle of donated funds. This transformative approach ensures that donors can see the direct impact of their contributions, fostering trust and accountability.
Partisia Blockchain plays a pivotal role in this process by creating a one-to-one match between donations and a stable token. This token is minted, utilized and meticulously tracked to ensure full transparency of the impact each donation makes on the supported cause. By leveraging its technology, Partisia Blockchain ensures that every transaction is secure, transparent and immutable, setting a new standard in the healthcare fundraising sector.
Peter Frandsen, Chief Technology Officer at Partisia Blockchain, says:
“We are honored to partner with the Health Innovation Exchange. Through this collaboration, which commenced in Davos during the World Economic Forum, we reaffirm our commitment to advancing the United Nations Sustainable Development Goals (SDGs). Our technology not only enhances transparency and accountability in healthcare donations, but also drives significant progress towards achieving the SDGs.”
Enhanced transparency and accountability: Partisia Blockchain’s immutable and transparent nature ensures that all transactions and data are verifiable and secure. Vorne.ai leverages this capability to provide real-time, transparent reporting of fund utilization, thereby increasing donor trust and accountability.
Secure and efficient data management: Partisia Blockchain offers a robust framework for managing and sharing sensitive healthcare data. This ensures that information remains confidential and tamper-proof, leading to improved patient outcomes and streamlined operations.
Improved supply chain management: By providing end-to-end visibility, blockchain ensures that medical supplies are authentic and have been stored and transported under the right conditions. This reduces the risk of counterfeit drugs and enhances patient safety, which plagues many countries in the developing world.
Facilitating interoperability: Partisia Blockchain can serve as a universal protocol for information exchange, enabling seamless access and sharing of critical data across various healthcare platforms and systems.
The launch of Vorne.ai underscores our commitment to bringing the UN Sustainable Development Goals (SDGs) to life. Specifically:
SDG 3: Good health and well-being: Partisia Blockchain and MPC enhance the efficiency and transparency of healthcare systems, ensuring that resources are used effectively to improve health outcomes.
SDG 9: Industry, innovation and infrastructure: By integrating advanced technologies like blockchain and MPC, we build resilient healthcare infrastructures that support sustainable industrialization and foster innovation.
SDG 17: Partnerships for the goals: Collaborative efforts between entities like Partisia Blockchain and HIEx exemplify the power of partnerships in achieving the SDGs.
This endeavor once again emphasizes the transformative impact of Partisia Blockchain and multiparty computation technology on the healthcare industry and steps being made towards bringing the UN Sustainable Development Goals to life.
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The last month of spring was busy as the plans for the second half of the year started taking shape. Team members convened in Aarhus for a strategic workshop. In-person gathering in Central Jutland took the pulse of the current progress to date against the roadmap, outlined the plans for expanding our service offerings with key focuses on DeFi and RWA (real world assets) solutions. Stay tuned for exciting new developments and be the first to know.
The Partisia Blockchain team enjoyed several days of networking and collaboration at the 77th World Health Assembly in Geneva. Our community learned more about our innovative solutions for healthcare access, discussing how Partisia Blockchain is advancing SDG3 and supporting this year’s theme, “All for Health, Health for All.”
Co-Founder Peter Frandsen demonstrated the impact of Partisia Blockchain in bringing the UN Sustainable Development Goals (SDGs) to life during his keynote on leveraging blockchain for healthcare access. He also engaged with local press, addressing questions on the intersection of blockchain, innovation, and healthcare, highlighting how Partisia Blockchain is driving transformative solutions in the healthcare sector.
Bruce Ahn, Chief Success Officer, moderated an insightful panel on blockchain’s role in healthcare, wellness, and social impact at WHA77. The discussion highlighted innovative solutions and their potential to transform global health.
The Partisia Blockchain team recently made a significant impact at BlockSplit in Croatia. Our dynamic duo, Shirly Valge and Maria Cocu, were present to share the exciting developments on our horizon. The event provided an invaluable opportunity for days of networking with Web3 startups, developers, researchers, investors, designers, and other innovators from around the globe.
Our Chief of Growth, Shirly Valge, captivated the audience with a powerful keynote on why privacy is needed in Web3 in the growing trend of GDPR and data protection. Her inspiring insights shed light on the crucial role of privacy in the evolving landscape of blockchain technology.
Last but not least, the team was in Warsaw to attend the Next Block Expo, where Shirly took stage to highlight the privacy, interoperability and scalability of blockchains to future-proof the industry. The team also met with our Polish node operators, community members and discussed future ventures with potential partners.
Mark your calendars for 6-7 June 2024. Our Chief of Growth, Shirly Valge, will be at the prestigious Crypto Valley Conference. On Thursday 6 June at 14:00, Shirly will host an insightful workshop focused on integrating privacy and compliance in the blockchain space. This session promises to be a must-attend event for anyone interested in the intersection of privacy, compliance, and innovative blockchain solutions. Stay tuned for more details on our social media.
Partisia Pulse is back! Kurt Nielsen, President of Partisia Blockchain, is featured in the latest edition of this series. Following the launch of the $MPC token, the community has been eager to know what is next. And he was crystal clear: expanding the ecosystem with DeFi and RWA-oriented projects is the target for the rest of the year. “There is more work being done in the background, but these two will be the focus for 2024,” says Kurt in the video. Watch the latest episode here.
Monadi launched their initial testnet version with their mainnet coming in June. Monadi helps companies stay compliant with CSRD regulations by using multiparty computation to compute on company executives’ salaries by gender to ensure they are fair without exposing their individual salaries. Come check them out here.
IDSign received a grant to be the first team to onboard MOCCA (MPC On-Chain Custody Advanced solution) as a solution to protect and provide a customizable custody solution to encrypted documents. MOCCA is not just a custody solution for crypto assets, but all types of digital asset and IDSign is showing the world you can have a decentralized solution for all types of custody challenges.
We were thrilled to see remarkable growth in our AirDrop program throughout May. The community’s participation and enthusiasm have been incredible. Make sure to check out the leaderboard to see where you stand and keep bridging your EVM tokens through the zkCross bridge to climb higher. Exciting rewards await those who stay active and engaged.
Another $MPC rewards quarter is coming to a close. We will distribute more reward tokens to our stakers in June, our largest to date. $MPC2.7 million tokens will be distributed to our stakers who are putting their token to work by securing the network. Learn how your tokens are put to work to secure the world’s data with this quick video.
zkCrossDEX will be launching phase 2 of their project. Their on-ramp system supporting more than 200 fiat currencies alongside their DEX supporting BYOC and MPC20 tokens will be launching mid to end of June. Look for new MPC20 tokens to begin appearing on the DEX soon after the launch.
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by Jesper Buus Nielsen, Chief Cryptographic System Designer
This brief post explains why I believe secure multiparty computation (MPC) is a key technology for creating a better version of the internet and why we founded Partisia Blockchain to unlock its potential.
First, a bit about myself: I am a professor of computer science at Aarhus University in Denmark. For me, MPC and blockchain represent a professional life journey. My PhD thesis in 2003 focused on cryptographic consensus protocols, threshold signature schemes and MPC. Twenty-one years later, these technologies are starting to flourish. Today, they are often known as blockchains, distributed wallets and, well, MPC, and I am still researching them.
If you are reading this post, you probably already know what MPC is. If not, MPC allows multiple servers–each holding private data–to perform computations on the joint dataset without exposing any private data and without revealing anything beyond the computed output. It may sound like magic, but it is just cryptography. For details, see our book here.
I believe MPC has the potential to solve many of the current problems with the internet. The internet was initially envisioned as a space for sharing public information. Instead, it has become a space where we often pour private information into informational black holes, which monetize it in opaque ways, from programmed outrage to influencing voting behavior. You might argue that people should simply stop trading their privacy for trivial rewards. However, when faced with a choice between functionality and privacy, people tend to choose functionality. It is unrealistic to expect this to change, as humans are short-sighted utility optimizers. Fortunately, there is no need to choose between functionality and privacy. MPC demonstrates that you can eat your cake and have it too.
We just need to integrate MPC into everything. Imagine a dream world where using MPC is easy and free. If you wanted to compute on a dataset from several sources, you would simply specify the desired computation in your favorite programming language, indicate where the data is located, compile the code, deploy it, run it. And voilà, the desired result would magically appear where it should, with no leaks. And this process would be as efficient as computing the result on a single computer. Moreover, it would be completely transparent, allowing you to know and control exactly how and when your data was used. Had the internet looked like this from the beginning the way we store and process private data would be completely different, and thousands of new applications would be possible. This does not have to remain a dream world. We can build it, and we should build it!
Two decades ago, I thought researching better MPC protocols would be enough for the world to adopt them. However, implementing and deploying MPC turned out to be more challenging than I anticipated. In 2008, I co-founded Partisia ApS to put MPC into practice. This experience taught me a lot about the real-world challenges of using MPC. For each new use case, we often had to design a new optimized protocol, implement it, and find servers to run it. The hardest part was finding mutually trusted, organizationally separate parties to run the servers and teaching them how to use MPC. While there is still a place for such deployments, it became clear that this approach would not scale if we wanted MPC in everything. If each use case had to bear the cost of developing and implementing a protocol, and if we had to constantly find relevant organizations willing to host the servers, it would not be widely adopted. The solution we came up with was Partisia Blockchain.
Let us look back three decades at how the internet was organized when I was a kid to illustrate why Partisia Blockchain is the way to go. Technologies like FTP, Gopher, Usenet, and Archie technically allowed everything the World Wide Web does today, but there was no dot-com boom. It took Tim Berners-Lee’s 1989 paper, “Information Management: A Proposal”. He rather modestly wanted to improve the way information was shared and managed among researchers at CERN and other institutions. He did not know he had just invented Amazon, eBay, Google, Yahoo, PayPal, Priceline… And of course he had not. He had invented an incredibly potential enabling technology. There might have been a short window where one boomer got the chance to ask “but what is WWW really useful for?” In fact, I know that guy. He was one of my professors the first year at my university. But it quickly turned out that the answer was “Everything!”
In my opinion, one of the most important developments happened in 1995, where the world saw the first version of the open source Apache web server. Now everyone could contribute to developing the WWW and everyone could almost by a single click install a web server and become an “Internet company”. After that no one looked back. There was no reason to ask what WWW was useful for. Everyone started to build what we have today, bottom up. By the early 2000s, Apache had become the dominant web server, powering over 70% of all websites. Apache was very much the enabler and the workhorse of the dot-com boom in the 1990s. Apache’s influence persists today, where 30% of all web servers still run Apache.
So, that was the question: How do we build the “Apache of MPC”? How do we make it possible for everyone to integrate MPC with a “single click”? Instead of having a few MPC companies pursue use cases, we needed to make the technology seamlessly available to everyone to kickstart the building of the MPC internet bottom up. The MPC equivalents of Amazon, eBay, Google, Yahoo, PayPal and Priceline would follow. You will build those! Of course, we needed programming languages and compilers to facilitate this. And we needed tools for integrating MPC with the existing internet technology. That is a lot of work, but it is not fundamentally different from building something like Apache. It is software. However, a major obstacle we were left contemplating was the problem of finding servers to run the protocols. This was an organizational problem, not a software problem. The solution we went for was a blockchain organizing staked and vetted organizations and individuals willing to run the MPCs. Servers hosted by blockchain participants can programmatically be scrambled when needed for an MPC: MPC-as-a-service. You can read more about the Partisia Blockchain architecture here [TBA]. Crucially this converted an organizational problem into a software one. And Partisia Blockchain was born.
There is still a lot of work to be done towards the ultimate dream of making MPC as efficient as computing on a single machine. This is one of the problems I focus on as a university researcher. However, in Partisia Blockchain we are now finally implementing a full-stack, single-click solution to integrate MPC into everything. You should join us in building the workhorse of the MPC internet and start integrating MPC into everything. The rest, I hope, will soon be internet history.
For me, blockchain and MPC represent an ongoing professional life journey. In the future I have two main means of transportation for the journey. From my role as a university researcher, I aim to continually develop better MPC protocols. Through Partisia Blockchain, I hope to help create “the Apache of MPC”. It has been a 21-year journey so far. We came a long way, but we also have a long road in front of us. Let us see where we are in 21 years from now. By 2045, I hope that if anyone asks, “But what is MPC really useful for?” the answer will be a bemused, “Everything!!!”, and that Partisia Blockchain is organizing 30% of the world’s MPC servers.
Until then, let’s get to work!
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In April 2024, Partisia Blockchain achieved significant milestones, including forging partnerships with TPC Ventures and announcing our integration of the $MPC token on StakingRewards.com. We were also proud to announce our membership with the Swiss Blockchain Federation and our Ledger integration with the Partisia Blockchain app. Our presence at various events across the globe this month, such as the TEAMZ Web3 Summit and Token2049, showcased our commitment to innovation and collaboration. Let’s explore our ecosystem updates and key features in the press.
This month we announced our partnership with TPC Ventures, a player in the Web3 space, offering venture capital, development, and consulting services. Teaming up with Sensei Node, TPC Ventures brings a wealth of expertise to the table, providing professional validation and adoption services to bolster our network.
StakingRewards.com, a platform dedicated to collecting, ranking, and simplifying the staking process for various protocols, is now integrating the $MPC token. This integration aims to streamline the staking process and spotlight our unique rewarding structure. With over 200,000 monthly visitors, their platform offers a prime opportunity to reach a broader audience and showcase our rewarding model.
Additionally, Moonrig, a platform aspiring to become the leading rating agency in the digital currency industry, is striving to recruit credible research analysts to conduct deeper financial analysis of digital currencies. This endeavor promises to offer better insights to retail investors and contributes significantly to legitimizing the industry. This collaboration marks another significant step towards widespread adoption and recognition.
Now, you can seamlessly access the Partisia Blockchain app on Ledger devices, thanks to the successful completion of the Kudelski audit in March 2024. With Partisia Blockchain’s inclusion in the Ledger App catalog and support on Ledger hardware devices, MPC token holders can securely store, send, and stake their tokens. This collaboration brings together the cutting-edge security of Ledger, a leading hardware wallet provider, with the functionality of Partisia Blockchain, offering users unparalleled peace of mind and convenience. Get started with our easy-to-follow instructions here.
It is with great pride that we share our membership with the Swiss Blockchain Federation. This prestigious membership marks a significant step for Partisia Blockchain as we join forces with other industry leaders to solidify Switzerland’s position as a global blockchain hub. Together, we are committed to fostering a robust legal framework and innovation in the blockchain space.
The Partisia Blockchain team had an eventful week in Dubai, navigating through challenging weather conditions. At Token2049’s Restaking and Infra Day, Bruce Ahn, Head of Adoption, delivered two presentations. He introduced the BYOC blockchain and the programmable custody solution (MOCCA), emphasizing the significance of programmability and interoperability for Web3’s success. Bruce highlighted how these innovations are pivotal in shaping the future landscape of blockchain technology. At the TEAMZ Web3 Summit in Tokyo, our community engaged with the Partisia Blockchain team. Kurt Nielsen, Partisia Blockchain’s President, took center stage, shedding light on Real World Assets (RWA), blockchain adoption, and more in his keynote. Tokyo witnessed insightful discussions throughout the event, including an RWA panel hosted by EMURGO and engaging dialogues spanning various topics. In Estonia, Shirly Valge, Chief of Growth at Partisia Blockchain, recently took the stage at the Banana Conf (formerly NFT Tallinn) to delve deep into key blockchain topics. She led a panel discussion on the transformative power of blockchain in supply chain connectivity, exploring themes such as real-world asset tokenization, and shared invaluable insights on data privacy and artificial intelligence. Ibiza Tech Forum 2024 where the future of technology unfolds against the backdrop of the vibrant Balearic island, was also an event to remember in April 2024. Amidst the bustling atmosphere, global leaders and tech enthusiasts converged, including the Partisia Blockchain team. Shirly Valge took the stage to deliver a keynote on AI and the critical role of Privacy Enhancing Technology, while Maria Cocu, our Community Growth and Engagement Associate, immersed herself in discussions revolving around community expansion and engagement enhancement strategies. Balearic Islands served as the perfect setting for meaningful connections and cutting-edge insights into the tech landscape. Stay tuned for next month as Shirly Valge will be delivering a keynote and workshop at Block Split in Dalmatia during 27–30 May 2024.
Last April witnessed an uptick in publicity with Partisia Blockchain being mentioned in more than a thousand media outlets. A few highlights include Japanese Asahi TV’s news segment focusing on Web3’s growing importance in Japan and featuring our team members at the TEAMZ Web3 Summit in Tokyo. Our co-founder Brian Gallagher delved into the DeFi trends with Mario Nawfal on X Spaces broadcast. Elsewhere Cointelegraph ran a feature on Partisia Blockchain’s differentiators and solutions it offers and it published a piece on our Grants Program. In another television news segment, Denmark’s TV2 interviewed one of our co-founders Peter Frandsen. The Danish television reportage highlights the importance of data security, the Scandinavian country’s efforts in safeguarding against cyberthreats amid ongoing geopolitical volatility and the need for the data security infrastructure. Also in Denmark, the Aarhus University ran a video featurette about multiparty computation with commentary from Ivan Damgård and Peter Frandsen.
In April, we announced that wBTC will be added as a supported BYOC token on our platform. This integration is a significant step forward in enhancing interoperability within the Partisia Blockchain ecosystem. With wBTC support, users will enjoy seamless gas payments and expanded functionality, opening up new possibilities for decentralized finance and asset management.
Phase 1 of the zkCross Network is now live! zkCross, a zero-knowledge-based DEX, has been launched on Partisia Blockchain, paving the way for a seamless cross-chain collateralized DeFi protocol. This initial phase of the launch facilitates asset swapping and bridging into Partisia Blockchain’s BYOC network, with Phase 2 scheduled for early June. Phase 2 will see the rollout of a full-fledged native DEX on our network. For more details on this exciting announcement, read further here. Our AirDrop program is steadily progressing, with additional assets being bridged into the network. Throughout April, we witnessed a steady growth in Total Value Locked (TVL), accompanied by an increase in staked $MPC, bridged assets, and wallet counts. As we look ahead, we anticipate further growth catalyzed by the launch of zkCross and other dApps aimed at fostering increased activity within the chain.
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Wrapping up a strong first quarter at Partisia Blockchain! This month was marked by significant milestones. First and foremost, our $MPC token is now listed on multiple exchanges, a major achievement for our ecosystem. Additionally, we are introducing staking rewards for $MPC holders and integrating with Ledger for enhanced security. We are privileged to announce the appointment of Dan Zaitsev as our Head of Marketing, underscoring our commitment to innovation. Reflecting on our presence at ETHDenver, we are proud of the impactful partnerships forged, demonstrating our dedication to collaboration. Stay tuned for more ecosystem developments and community initiatives as we continue to drive innovation in the blockchain industry.
March 2024 marked the pivotal moment we have all been waiting for. Partisia Blockchain proudly announced the listing of the $MPC token on multiple exchanges, including KuCoin, Bitfinex, Gate.io, Bitrue, and more soon to follow. Deposits and trading of Partisia Blockchain’s $MPC token on these platforms commenced on 19 March 2024, marking a monumental leap forward for our ecosystem. Renowned for our leadership in privacy-preserving, interoperable and sustainable blockchain solutions, this listing reaffirms our commitment to redefining security, trust, interoperability, and reliability within the blockchain industry.
To time the exchange launch, we also began to acquaint our new community with our unique technology and demonstrate how it compares with others in the industry. What is the $MPC Token, you may ask? Stay tuned for comparison charts highlighting its performance, privacy features, cross-chain messaging capabilities and custody solutions. Be on the lookout for more technology reviews of our unique blockchain, and please share and spread the word.
But that is not all. We are introducing staking rewards for $MPC token holders. Stake your $MPC tokens to unlock substantial incentives across various liquid assets, while also bootstrapping the network. Additionally, BYOC tokens (ETH, BNB, MATIC, USDC and USDT) are utilized for block production, further enhancing the network’s robustness. Dive into our tokenomics with Kurt Nielsen, where we delve into what makes us unique, our philosophy, and future plans for development. Learn about the high-level mechanics of the $MPC token, including staking benefits, by watching our informative video here. Ready to stake your claim in the future of blockchain? Follow our staking instructions here.
We were also excited to announce the integration of the Partisia Blockchain and Kudelski-audited MPC app with Ledger, a leading hardware wallet provider. This collaboration empowers MPC token holders with the ability to securely store, send and stake their MPC tokens using Ledger hardware devices. By joining forces with Ledger, we are providing our community with enhanced security and convenience, further solidifying our commitment to safeguarding their assets and expanding accessibility to our ecosystem.
We are delighted to share our collaboration with Google Cloud Partners, marking a significant milestone in our journey to revolutionize the blockchain landscape with MPC, blockchain and node network technologies. This partnership not only signifies our commitment to innovation, but also opens doors for seamless deployment on the Google Cloud Marketplace, facilitating accelerated mass adoption of our solutions. Together with Google Cloud Partners, we are poised to drive forward the accessibility and integration of our technologies, paving the way for a more interconnected and secure digital future.
Last month, Partisia Blockchain announced the appointment of Dan Zaitsev as the Head of Marketing. Dan brings a wealth of experience in tech innovations and marketing expertise to his role, further strengthening our commitment to innovation and excellence in the blockchain industry. With a remarkable background and a track record of successes, Dan’s arrival marks a pivotal moment for our team.
Taking us back to early March, ETHDenver marked a dynamic kickoff to spring, filled with days of insights, collaboration and networking. Let’s recap the exciting partnerships we announced during this event:
Our journey at ETHDenver was eventful. From fruitful meetings to new partnerships, we extend our gratitude to our community for joining us. Dive into the Denver Dailies for further details and see you next year.
Both stakers and node operators were once again rewarded with MPC tokens for staking. We gave out over 2.6 million $MPC tokens for the Q7 rewards. Alongside this, we also began to see higher on-chain transactions. This translated to the node operators earning more than 100,000 in BYOC tokens. As the network grows further, we anticipate further earnings by our node operators. Look for an opportunity for delegated stakers to earn these BYOC rewards in the future.
In the ecosystem, notable advancements have taken place in March. DelNorte launched its project in one of the municipalities in El Salvador, beginning the minting of official property deeds. Check out our Twitter spaces AMA session with Del Norte CEO Anton Glotser to learn more. Nova Miningverse is gaining momentum, boasting over 1400 unique transactions. Additionally, zkCross (formerly TeraBlock) is on the verge of launching their initial bridging platform, with subsequent work beginning to launch a swap/DEX. First month of spring witnessed a significant surge in dApps launching on mainnet, with more coming in April.
We extend our thanks to our community for their unwavering support and enthusiasm. Stay tuned for more exciting developments and initiatives in the coming months.
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ZUG, 26 MARCH 2024. The Partisia Blockchain Foundation, a pioneer in privacy-centric and interoperable blockchain solutions, is proud to announce the launch of its Grants Program. Aimed at fueling innovation within the blockchain ecosystem, this program is set to provide crucial financial support to projects that leverage the unique features of the Partisia Blockchain to address pressing challenges in privacy, interoperability, and scalability.
The Grants Program is open to entrepreneurs, developers, and innovators worldwide with projects that not only solve significant problems but also demonstrate a clear path to commercial viability and scalability. Successful applicants will receive funding in $MPC tokens, along with access to a vast network of industry experts and resources to bring their vision to reality.
Co-founder of the Partisia Blockchain, Brian Gallagher, remarked, “We are at a pivotal moment in the evolution of blockchain technology. The Partisia Blockchain Grants Program represents our commitment to supporting projects that share our vision of a more private, interoperable, and scalable blockchain ecosystem. We believe in empowering developers and entrepreneurs to build solutions that can truly make a difference in the world.”
Applications for the Grants Program are now open, with the foundation seeking proposals that exhibit a strong understanding of the Partisia Blockchain’s capabilities, a detailed financial and growth model, and a clear benefit to the broader blockchain community.
The Grants program is divided into two types:
For: Start-ups looking to build or enhance a business and major integrations
Application steps: https://partisia.link/grants
For: Teams looking to build smaller projects, proof of concepts, community tools or for small integration.
Application form: https://partisia.link/fast-track-grants-form
Applications for the Grants Program are now open, with the Foundation seeking proposals that exhibit a strong understanding of the Partisia Blockchain’s capabilities, a detailed financial and growth model, and a clear benefit to the broader blockchain community.
About Partisia Blockchain: The Partisia Blockchain is designed from the ground up to address the key challenges of privacy, interoperability, and scalability in the blockchain space. By combining cutting-edge cryptographic solutions with a novel consensus mechanism, Partisia Blockchain aims to set new standards in secure and efficient blockchain operations. Unlock your project’s potential with Partisia Blockchain’s 100 million $MPC Grants Program for ecosystem growth and mass token adoption.
Apply now: https://partisiablockchain.com/develop/grants-program/
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ZUG, 25 MARCH 2024. Partisia Blockchain is pleased to announce the appointment of Danylo Zaitsev as the Head of Marketing, effective immediately. Danylo brings a wealth of experience in tech innovations and marketing expertise to his role, further strengthening our commitment to innovation and excellence in the blockchain industry.
With a background rooted in Ukraine, Danylo embarked on his tech journey 20 years ago as a product marketing manager. Over the past eight years, he has served as a C-level executive and founder, garnering invaluable experience in startups and tech enterprises. His track record of successes includes assisting numerous tech companies worldwide in building and scaling profitable businesses from inception.
In his current role at Partisia Blockchain, Danylo will work closely with the senior leadership team to enhance marketing strategies to further increase brand visibility and market penetration. His adeptness at navigating complex challenges positions him as a valuable asset in our goal of growth and market leadership.
Prior to joining Partisia Blockchain, Danylo held various leadership roles within the tech sector, building his skills in marketing, product development and business strategy. His dedication to excellence and passion for technology make him a natural fit for his role as Head of Marketing.
Partisia Blockchain is privileged to welcome Danylo Zaitsev to the team and anticipates his invaluable contributions to furthering the organizational objectives. His appointment underscores our commitment to assembling top-tier talent and reinforces our position as a leader in the blockchain industry.
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
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ZUG, 18 MARCH 2024. Partisia Blockchain has been informed by several exchanges, such as KuCoin, Bitfinex, Gate.io, MEXC, BitMart and Bitrue that they have opened deposits and the trading of Partisia Blockchain’s MPC token on their respective platforms will commence tomorrow or shortly after.
Renowned for its leadership in privacy-preserving, interoperable and sustainable blockchain solutions, Partisia Blockchain reaffirms its commitment to redefining security, trust, interoperability and reliability within the blockchain industry.
The decision by these exchanges to list Partisia Blockchain’s MPC token reflects their recognition of its unique value proposition. The MPC token is the foundation of Partisia Blockchain’s security architecture, guaranteeing the steadfastness and durability of our ecosystem as a whole. With its collateralization approach, it strengthens the network by allowing new nodes to be spun up. The simultaneous launch also underscores the token’s appeal to users prioritizing privacy and who seek active participation in shaping the future of Web 3.0.
Kurt Nielsen, President of the Partisia Blockchain, says:
“We are humbled to witness the overwhelming interest for the MPC token leading up to its launch, and we are pleased to have it on multiple exchanges. This listing reaffirms not only our position in the industry, but also the important role of our technology, which ensures trustless transaction safety without compromising on speed, scalability or interoperability. By enhancing the resilience of the blockchain ecosystem and empowering users to participate in shaping the future of the user-centric Web 3.0, the MPC token paves the way for transformative innovation.”
The collective endorsement from multiple exchanges serves as a testament to Partisia Blockchain’s prominent place within the blockchain sector, advancing not only blockchain technology, but also championing multiparty computation (MPC) technology, which enhances security in every digital transaction and realizes the Web 3.0 vision where the users are in control of their own data.
At the core of the MPC token lies the transformative MPC technology, pioneered 35 years ago by Partisia’s co-founder Professor Ivan Damgård. The MPC technology maintains data encryption in all states—ensuring the safety and usability of information while granting users complete control over their data—makes the MPC token unique, with privacy becoming all-too important in our digital present and future. The MPC token establishes a new benchmark for blockchain security, reinforcing confidence and dependability in every transaction.
In an era where privacy and security are paramount, the MPC token stands out as a beacon of trust and security, with privacy serving as its cornerstone. Within the digital assets industry, the MPC token functions as critical collateral and incentivizes active participation in network operations, with node operators reaping rewards in the form of transaction fees, Bring Your Own Coin (BYOC) and MPC ecosystem rewards.
The simultaneous listing of the MPC token on several exchanges represents a significant stride towards Partisia Blockchain’s vision of building a robust decentralized finance (DeFi) ecosystem, Web 3.0 infrastructure and privacy-focused networks. As users learn more about the MPC token and leverage its capabilities to drive innovation, Partisia Blockchain remains committed to pushing the boundaries of blockchain technology and fostering a future where privacy, security, and interoperability fosters the next level of inclusivity and collaboration.
The terms and conditions on purchasing MPC tokens are set forth by each exchange.
About Partisia Blockchain: Partisia Blockchain is the Web 3.0 public blockchain built for trust, transparency, privacy, and fast turnaround times. Its unique combination of advanced cryptographic techniques and distributed computing principles sets it apart. By leveraging secure multiparty computation (MPC), Partisia Blockchain ensures privacy preservation without sacrificing efficiency, speed or security. Each day since 1988, Partisia is paving the way for anyone to create blockchain solutions to solve real use cases and tomorrow’s challenges – for real people. Learn more: www.PartisiaBlockchain.com
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Hello, Partisia Blockchain enthusiasts!
We are pleased to announce an exciting community contest to celebrate the first exchange listings of $MPC. It is not just a celebration; it is a challenge that comes with rewards.
The challenge awaits.
We are calling on the traders, the streamers, the blockchain believers, and especially the early adopters who have been with us on this journey. The first three participants to post a live stream of themselves trading $MPC on any exchange will win a prize in $MPC tokens. Whether you are a seasoned trader or just starting out, this is your moment to shine and potentially earn some $MPC for your portfolio.
There are two ways you can participate.
Screenshot contest:
First 10 participants to post a valid screenshot of a trade will earn 100 $MPC each. Valid for each exchange that lists us within a one week period. Multiple entries per participant accepted.
Streaming to Parti.com:
Valid for each Exchange that lists us within a one week period. Multiple entries per participant accepted. The winners will be announced a week after the streaming ends.
Streaming to other platforms:
Valid for each Exchange that lists us within a one week period. Multiple entries per participant accepted. The winners will be announced a week after the streaming ends.
This contest is not just about winning prizes; it is a celebration of our community’s growth and the milestones we have achieved together. By participating, you are not just showcasing your trading prowess; you are also supporting the broader vision of Partisia Blockchain. It is a unique opportunity to be part of something bigger, to engage with like-minded individuals, and to help shape the future of decentralized trading and blockchain technology.
Ready, set, go!
We cannot wait to see your screenshots and live streams and share in the excitement of the first exchange listing of $MPC. Remember, it is not just about trading; it is about being part of a community that is pushing the boundaries of blockchain technology. Let’s make this contest a moment to remember.
Good luck to all participants. May the fastest traders win!
Happy trading,
Partisia Blockchain Community Team
ZUG, 13 MARCH 2024. Partisia Blockchain, a leader in privacy-preserving, interoperable and sustainable blockchain solutions, has been notified by multiple exchanges that they plan to list the MPC token. This pivotal development marks a significant milestone for the Partisia Blockchain ecosystem and reflects the growing recognition and demand for the MPC token within the broader blockchain industry.
The MPC token, named after the multiparty computation technology pioneered by Professor and co-founder of Partisia Ivan Damgård in 1988, serves as the cornerstone of the Partisia Blockchain, embodying a unique and revolutionary approach to blockchain technology. The MPC technology maintains data encryption in all possible states, safeguarding underlying information and giving users enhanced control over data. Unlike traditional digital assets, the MPC token plays a multifaceted role within the ecosystem, serving as essential collateral and incentivizing active participation in network operations.
At its core, the MPC token functions as the linchpin of the Partisia Blockchain’s security framework. As a fundamental component staked to all nodes within the network, the MPC token ensures the integrity and resilience of the entire ecosystem. Its innovative collateralization model sets a new standard for blockchain security, underpinning trust and reliability in every transaction conducted on the Partisia Blockchain.
Kurt Nielsen, President of the Partisia Blockchain, says:
“The listing of the MPC token on multiple exchanges represents a pivotal moment in our journey to redefine the landscape of blockchain technology. We are excited to expand the accessibility of the MPC token to a broader audience of contributors, developers, and enthusiasts, thereby unlocking new opportunities for growth and innovation within the Partisia Blockchain ecosystem.”
For users actively engaged in network operations, the MPC token offers a dual-purpose mechanism for participation and rewards. Node operators are not only rewarded with transaction fees in the form of Bring Your Own Coin (BYOC), such as ETH, USDC, USDT, BNB and MATIC, but also earn MPC ecosystem rewards, incentivizing ongoing contribution to the network’s robustness and security.
Furthermore, the Partisia Blockchain introduces an innovative staking mechanism, allowing participants to stake their MPC tokens in other nodes. This process not only enhances network security by adding layers of additional insurance and collateral but also democratizes the benefits of network participation, ensuring inclusivity and equity among all ecosystem participants.
The listing of the MPC token on multiple exchanges underscores Partisia Blockchain’s commitment to fostering a vibrant and dynamic ecosystem of decentralized innovation. As the demand for secure and scalable blockchain solutions continues to grow, the MPC token stands poised to lead the charge towards a more resilient and inclusive future for blockchain technology.
The exchanges set to announce the exact timing of the MPC token listing on their respective platforms.
About Partisia Blockchain: Partisia Blockchain is the Web 3.0 public blockchain built for trust, transparency, privacy, and fast turnaround times. Its unique combination of advanced cryptographic techniques and distributed computing principles sets it apart. By leveraging secure multiparty computation (MPC), Partisia Blockchain ensures privacy preservation without sacrificing efficiency, speed or security. Each day since 1988, Partisia is paving the way for anyone to create blockchain solutions to solve real use cases and tomorrow’s challenges – for real people. Learn more: www.PartisiaBlockchain.com
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From forging strategic partnerships at ETHDenver to launching our highly anticipated 25 million $MPC AirDrop program, the shortest month of the year has been a whirlwind of excitement and growth for Partisia Blockchain. We solidified ties with Georgia’s Innovation and Technology Agency, ventured into new realms with TeraBlock and Verida through engaging AMAs, celebrated the ingenuity of our hackathon winners, and embarked on a mission to empower Rust developers with TinTinLand. With fast track grants, educational initiatives, and a thriving community, we are ready for even greater success ahead. Thanks to our incredible community for your unwavering support – let’s make Q1 unforgettable!
In early February 2024, Partisia Blockchain achieved a significant milestone in advancing innovation by solidifying ties with Georgia’s Innovation and Technology Agency (GITA) under the Ministry of Economy and Sustainable Development. Partisia Blockchain will play a key role in shaping the minds of participants in GITA’s educational programs, contributing insights on MPC, homomorphic encryption and their integration with blockchain technology. This commitment to education reflects the shared vision of advancing technology while ensuring knowledge and understanding pave the way for a sustainable future.
ETHDenver was a platform for new partnerships, expanding our horizons and widening the reach of our unique technology. Trustswap, a provider of decentralized finance tools for token holders and Web3 businesses, is integrating Partisia Blockchain into their Crypto App, expanding MPC accessibility to 5 million users. Partisia Blockchain also partnered with Sierra Block Games, Web3 development, consulting and educational services organization, for validator services and adoption support. We will also collaborate with IoTex to realize the Decentralized Physical Infrastructure Network (DePIN), safeguarding users’ IoT data ownership and monetization while rewarding data use without exposing confidential details. Together, they aim to protect users’ private IoT data and enable its secure utilization.
We were thrilled to launch our first official AirDrop on 1 February, marking a significant milestone for ecosystem adoption. With the governance vote for MPC token transferability looming, this AirDrop underscored Partisia Blockchain’s vision. Boasting an impressive pool of 25 million $MPC tokens, it offered unparalleled opportunities for early adopters. The first tranche kick started ecosystem expansion. Participants gained firsthand experience with leading MPC and blockchain technology, secured the network, and explored innovative dApps. As we geared up for MPC token listing, this AirDrop invigorated the ecosystem.
We were thrilled to see our AirDrop program resonate strongly with the community, especially given the impressive growth in our ecosystem. Since its inception, our ecosystem has witnessed remarkable progress:
These statistics underscore the growing momentum and enthusiasm within our community, and we have you to thank. Detailed participation information can be found on our official AirDrop page.
We launched our fast track grants in February 2024. These grants are geared toward developers planning to build something smaller in nature, and does not have to be geared toward building a business. We will pursue developers who wish to contribute to the community by building examples, PoC, and tools. For more information about our Grants Program, click here.
On 14 February, we held the second AMA with the up and coming cross-chain decentralized exchange TeraBlock. This time around we invited TeraBlock’s Shivam Tandon, Founder and CEO, and Muhammad Ali, Chief Commercial Officer, to provide insights from a non-developer’s perspective, on why Terablock is a game changer for DeFi, powered by the Partisia Blockchain. On 22 February, we held a dual AMA with ecosystem partner Verida. Mathias Glintborg, our Head of Product, and Chris Were, CEO of Verida, both introduced the projects to each other’s community, its use cases and technological achievements. An excellent primer for both data on decentralized Identity for Web3 (Verida) as well as multiparty computation.
Our Building Privacy in Web3 Hackathon concluded with a bang. We announced six winners, all projects that showcase our unique capabilities. From random number generations to supply chain management to zero-knowledge games, developers came out to really showcase their talent and show us how our amazing technology can be used. We will be continuing to work with them to bring them into the mainstream.
Partisia Blockchain and TinTinLand are set to launch a learning program aimed at attracting more Rust developers to our ecosystem. Currently, only 22,000 out of 30 million global developers are engaged in Web3. The collaboration aims to scale the developer ecosystem and unlock the Chinese developer community, attract new Rust developers from China, organize hackathons, workshops, and developer meetups, and promote our Grants Program. Together, we hope to expand developer engagement and foster growth within our ecosystem, particularly in China.
Thanks again to our amazing community for your dedicated support, we look forward to an exciting end to Q1 next month.
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Last week, the Partisia Blockchain team journeyed to Georgia, a land rich in cultural heritage as the birthplace of wine and now at the forefront of blockchain innovation. Here is a short recap of our fruitful trip.
Last Thursday marked a milestone as Partisia Blockchain formalized its collaboration with the Georgian Innovation and Technology Agency (GITA) through the signing of a Memorandum of Understanding (MoU). This pivotal agreement with GITA under the Ministry of Economy and Sustainable Development sets the stage for collaborative efforts aimed at driving advancements in Web3 technology, both within Georgia and the wider Caucasus. By leveraging their combined expertise and resources, Partisia Blockchain and GITA will explore innovative solutions and applications of blockchain technology, fostering joint support for innovative projects, educational initiatives and frameworks for implementation. This collaboration signifies a commitment to shaping the digital transformation landscape, contributing to economic growth, innovation and societal development in Georgia and beyond.
Our team had the pleasure of meeting with members of the Georgian Web 3.0 community, where we showcased the transformative potential of Partisia Blockchain and multiparty computation (MPC) technology, our latest MOCCA solution and a range of other advantages of MPC. Additionally, we introduced our Grants Program aimed at fostering innovation in the Caucasus. In Tbilisi, we were treated to an exclusive demo of the Nova Miningverse video game, a tangible showcase of Partisia Blockchain’s capabilities. This was followed by an informal meeting with the team behind the game.
Last Friday began with a meeting with Razhden Kuprashvili, Head of the Georgian Anti-Corruption Bureau and his team at the Administration of the Government of Georgia. We discussed the potential of MPC and blockchain technology in combating corruption. Later, we exchanged ideas with entrepreneur Vako Turnava at the offices of his companies Sweeft and Skillwill. Conversations revolved around the various applications of MPC and privacy-enhancing technologies, emphasizing the importance of education and training.
This trip showcased the possibilities of blockchain technology and strengthened our commitment to driving positive change in Georgia and beyond. Stay tuned for updates as we continue to push the boundaries of innovation and collaboration in the world of Web 3.0.
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TBILISI, 8 FEBRUARY 2024. Today, Partisia Blockchain, a leader in privacy-preserving, interoperable and sustainable blockchain solutions, achieved a significant milestone in advancing innovation by solidifying ties with Georgia’s Innovation and Technology Agency (GITA) under the Ministry of Economy and Sustainable Development. The signing of a Memorandum of Understanding in Tbilisi marks a pivotal moment in the ongoing efforts to promote innovation using multiparty computation (MPC) and blockchain technologies in Georgia.
The ceremony in the Caucasus nation’s capital follows the successful launch of Partisia Blockchain’s MPC On-Chain Custody Advanced solution (MOCCA) and discussions during the World Economic Forum in Davos about future endeavors with potential partners.
The signing ceremony in Tbilisi drew national state officials, Georgian blockchain industry players, students, Tbilisian press corps and the Partisia Blockchain delegation.
Brian Gallagher, Co-Founder of Partisia Blockchain, says:
“Today’s signing with GITA goes beyond paperwork. It signifies our commitment to driving innovation in Georgia and beyond. Our combined expertise in MPC and blockchain will bring new secure, transparent and decentralized solutions. This initiative exemplifies the power of combining expertise from the public and private sectors. Together, we will shape the future of blockchain technology, ensuring its responsible and widespread adoption.”
In this groundbreaking initiative, GITA and Partisia Blockchain are set to fuel innovation by working closely. GITA will provide crucial support for Partisia Blockchain’s involvement in Georgian blockchain and Web3 ecosystem. Simultaneously, Partisia Blockchain will lend its expertise to assess and contribute to projects in GITA programs, extending grants and technical support where needed.
Ensuring seamless communication, GITA will act as a bridge, fostering dialogue between Partisia Blockchain and various stakeholders, including the Georgian public and private sectors and academia.
Education is a cornerstone of this understanding. Partisia Blockchain will play a key role in shaping the minds of participants in GITA’s educational programs, contributing insights on MPC, homomorphic encryption and their integration with blockchain technology. This commitment to education reflects the shared vision of advancing technology while ensuring knowledge and understanding pave the way for a sustainable future.
Avtandil Kasradze, Chairperson of Georgia’s Innovation and Technology Agency, emphasized the significance of the understanding:
“GITA is excited to join forces with Partisia Blockchain. This understanding aligns with our mission to integrate cutting-edge technologies into various economic sectors, fostering innovation and ensuring a competitive edge for Georgia. By collaborating with industry leaders like Partisia Blockchain, GITA aims to propel Georgia to the forefront of technological innovation. We look forward to a fruitful understanding that will benefit our nation and the global technology community.”
Partisia Blockchain is committed to playing an active role in GITA’s initiatives, contributing meaningfully to the local and global blockchain conversation.
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 Georgia’s Innovation and Technology Agency (GITA): Georgia’s Innovation and Technology Agency (GITA) under the Ministry of Economy and Sustainable Development is dedicated to fostering innovation and technology. By prioritizing infrastructure development, opening technoparks and innovation centers, GITA aims to integrate cutting-edge technologies into all economic sectors. The state Agency focuses on increasing investment capital, engaging private businesses and enhancing research through effective processes. GITA’s commitment extends to widespread internet access, quality training, and incentives to drive innovation and technology development, ensuring a competitive edge. Learn more: www.gita.gov.ge
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Introducing Partisia Blockchain’s highly anticipated AirDrop program. We are thrilled to launch the Partisia Blockchain AirDrop program. It marks a significant milestone for ecosystem adoption. With the upcoming governance vote for the MPC token transferability just around the corner, this is a testament for the Partisia Blockchain’s vision. The program features an impressive pool size of 25 million MPC tokens. The program offers an unparalleled opportunity for the early adopters of the Partisia Blockchain.
The first tranche of the 25 million MPC token AirDrop program will kickstart the further expansion of our ecosystem.
As we prepare for the MPC token listing – outlined in the December 2023 update – this AirDrop program is designed to invigorate the ecosystem. For the début AirDrop tranche, we value continuous activity and contributions within the ecosystem. Detailed participation information is available on the official AirDrop program webpage.
In the last 12 months, the Partisia Blockchain ecosystem has rapidly grown. It attracts builders and innovators from various industries, and this is your chance to be rewarded for participating in the official launch. Innovators, such as MetaNames, are offering decentralized domain name services are prime examples. The deployment of these dApps to mainnet is a crucial step in fostering growth and creating a synergistic ecosystem. They empower and bring to life collaborations between dApps and broadening the scope of new use cases. As the AirDrop program takes place, more dApps will deploy on mainnet to chart an exciting AirDrop journey. We encourage participants to deploy their own contracts with the smart contract IDE, DApp playground.
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January marked a strong start to 2024 for Partisia Blockchain, featuring groundbreaking developments and strategic partnerships that define our dynamic journey for the year. Unveiling the revolutionary MPC On-Chain Custody Advanced (MOCCA) solution in Davos, we explored the transformative potential of MPC and delved into its pivotal role in reshaping the digital landscape. Engaging in impactful discussions during the World Economic Forum, we highlighted the importance of blockchain in rebuilding trust and announced collaborations with five innovative projects. Interviews with our thought leaders shed light on the evolving digital terrain, covering artificial intelligence discussions in Davos and the potential of Web3 and MPC. As we venture into February, exciting initiatives include the AirDrop program and a thriving Hackathon, accompanied by significant tech highlights, promising a month of continued innovation.
Partisia Blockchain introduced a revolutionary leap in decentralized custody solutions with the unveiling of MOCCA (MPC On-Chain Custody Advanced solution) in Davos during the World Economic Forum. MOCCA stands out for its decentralized and programmable multichain custody, offering enhanced security, compliance, and privacy. Backed by 35 years of MPC research, MOCCA addresses limitations of traditional smart contracts and centralization, providing institutions and organizations with genuine decentralization and flexibility in securing digital assets across multiple chains. Notable features include fully programmable custody smart contracts, blockchain-agnostic multichain functionality, and swift, cost-effective deployment directly on-chain.
Davos 2024 marked a week of unparalleled influence and innovation for Partisia Blockchain, solidifying its presence on Promenade during the World Economic Forum (WEF) for the second consecutive year. The launch of the MOCCA solution set a new industry standard, addressing infrastructure fortification, transparency, and expanded usability. Discussions in Davos focused on the pivotal role of blockchain in rebuilding trust, with an increased emphasis on regulatory landscapes, particularly Europe’s MiCA regulation and global supervisory actions. Brian Gallagher, Co-Founder of Partisia Blockchain, emphasized the importance of building decentralized trust networks, and discussions spanned cross-chain liquidity, Central Bank Digital Currencies (CBDCs), stablecoins, cybersecurity priorities, and identity management. We were proud to have Shirly Valge, Chief of Growth, participate in the first-ever Women in Web3 Global Summit, connecting with visionary women leaders. Beyond more than 40 engagements, fruitful meetings resulted in letters of intent, collaborations, and agreements, making Davos 2024 a landmark event shaping the future of blockchain through regulatory advancements and technological breakthroughs, highlighting the industry’s commitment to innovation and trust-building.
Kurt Nielsen explored the transformative potential of multiparty computation (MPC) for 2024 in a recent blog. Partisia Blockchain envisions MPC becoming fundamental for secure, collaborative digital interactions. Key highlights include mainstream integration across industries, with a focus on finance and healthcare for safeguarding sensitive data. MPC will revolutionize decentralized identity, enhance privacy in blockchain, offer quantum-ready solutions, and accelerate innovation in artificial intelligence and machine learning. Financial sectors and healthcare research will lead MPC adoption, while DeFi expands beyond blockchain, addressing edge computing security and driving standardization initiatives.
In recent press interviews, Partisia Blockchain’s thought leaders shared valuable insights into the rapidly evolving digital landscape. Shirly Valge engaged in an insightful conversation with CoinDesk in Davos, delving into discussions where AI took center stage. As our Chief of Growth, she provided a unique perspective on the dynamic landscape. Brian Gallagher, Co-Founder of Partisia Blockchain, explored the potential of Web3 and secure multiparty computation (MPC) in an interview with the Human and Machine Channel. The discussion centered around how MPC ensures data privacy in the ever-evolving digital realm.
This year’s first month has been a flurry of activities with new partnerships. And Davos was a perfect platform for partnerships. During the World Economic Forum, we announced new projects partnering with Partisia Blockchain.
February marks the launch of the Partisia Blockchain AirDrop program. With the upcoming governance vote for the MPC token transferability just around the corner, this is a testament for the Partisia Blockchain’s vision. The program features an impressive pool size of 25 million MPC tokens. The program offers an unparalleled opportunity for the early adopters of the Partisia Blockchain. The first tranche of the 25 million MPC token AirDrop program commencing on 1 February 2024 will kickstart the further expansion of our ecosystem. Our Hackathon is moving along well with close to one thousand participants. The end of the Hackathon is set for 13 February 2024, and judging to conclude by March. We are anticipating to see some great projects come out of it. And do not miss the Crypto Stalkers AMA this month. Tiago Serôdio is going to introduce the Crypto Stalkers community to Partisia Blockchain and will answer their questions.
The node operators voted in favor of onboarding USDT as a BYOC token. This now adds another stable token as a form of payment to the Partisia Blockchain network. Another proposal to expand the BYOC portfolio will be put forward this month. The node operators will be asked to vote for the inclusion of the wBTC token into the BYOC portfolio. Finally, the Partisia Blockchain team will be attending ETH Denver from 23 February until 3 March. The delegation will consist of key persons and look forward to meeting you in Colorado.
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For the second consecutive year, Partisia Blockchain took center stage in Davos during the World Economic Forum (WEF), marking a milestone with the largest delegation to date. Despite the cold weather, tight security and a packed agenda, our mission to promote Partisia Blockchain remained unwavering, leading to more than 45 engagements—spanning keynote addresses, panel discussions, industry sessions and speeches over five dynamic days.
A defining moment occurred in Davos with the launch of our MPC On-Chain Custody Advanced (MOCCA) solution. This decentralized, programmable, multichain custody solution set a new industry standard, addressing the pressing need for fortified infrastructure, transparency and expanded usability.
The WEF’s overarching theme, “Rebuilding trust”, framed numerous discussions on blockchain’s pivotal role in restoring trust. Our engagements with decision-makers consistently highlighted blockchain and other innovative technologies as essential tools in the pursuit of regaining trust.
Davos 2024 witnessed an increased focus on the regulatory landscape within the blockchain sphere. Discussions delved into Europe’s MiCA regulation and actions by global supervisory bodies. The consensus underscored the vital role of key infrastructure, exemplified by Partisia Blockchain, in strengthening security, privacy and transparency. This regulatory exploration unfolded amidst a surge of interest in decentralized finance (DeFi) and tokenization.
In DeFi, stakeholders explored its potential to rebuild trust through enhanced reliability. Conversations spanned liquidity, risk management and the disruptive impact on traditional finance, with trustless technology emerging as a viable solution. Tokenization, powered by blockchains like ours, took center stage, showcasing its transformative capacity to simplify securities issuance and provide irrefutable ownership through immutable records.
Trust, a pervasive theme in Davos, seamlessly aligned with Partisia Blockchain’s mission. Insights from Brian Gallagher, our Co-Founder, emphasized the importance of building decentralized trust networks. The regulatory imperative for managing risk across digital asset markets highlighted the collective responsibility required for a resilient and inclusive market environment. Technology’s role in enhancing transparency and mitigating risks showcased blockchain’s potential.
Brian Gallagher emphasized cross-chain liquidity’s necessity, pointing to the vital role of multichain solutions. Discussions on Central Bank Digital Currencies (CBDCs) and stablecoins explored their harmonious coexistence, delving into regulatory nuances, stability and trust. The week culminated with a focus on cybersecurity priorities, positioning blockchain’s collective responsibility as pivotal for a secure digital future.
Identity management as part of trust building was a key conversation in Davos. Shirly Valge, our Chief of Growth, participated in a panel on Web3 and digital identity, highlighting user data control and fraud prevention. The recurring theme of infrastructure underscored blockchain’s foundational role in shaping the evolving Web3 landscape. Security, a constant thread, scrutinized Bitcoin mining, digital identity and the Web3 venture landscape, emphasizing the need for technology to balance scalability, usability, interoperability and digital security.
Beyond engagements, the Partisia Blockchain delegation held fruitful meetings with potential partners, resulting in letters of intent, collaborations and agreements.
In retrospect, Davos 2024 stands as a landmark event, revealing transformative themes that will undoubtedly shape the future of blockchain. From regulatory advancements to technological breakthroughs, the week served as a testament to the industry’s commitment to innovation and trust-building.
Read our daily wraps here: 15 January 2024, 16 January 2024, 17 January 2024, 18 January 2024, 19 January 2024
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Welcome to our rundown of the final day at Davos! We have had a packed schedule this week during the World Economic Forum (WEF). Over the last four days we have attended more than 45 sessions and events, launched our very own MOCCA (MPC On-Chain Custody Advanced) solution at a keynote address, and participated in a panel on cross-chain liquidity.
Without further ado, here are today’s themes and highlights:
Our Chief of Growth, Shirly Valge, took the stage. This time she featured on a panel on Web3 and digital identity (dID)—a topic very close to our hearts. Panelists touched on user data control, fraud, and compatibility issues between various eID, dID and SSI systems. Shirly highlighted our recent eID minimum viable product (MVP) for the Swiss government, a decentralized self-sovereign identity solution that uses multiparty computation (MPC) on the blockchain to enable data privacy, security, and control. The panel also highlighted the growing need for self-sovereign identities and the necessity for the governments to ensure the utmost security of individuals’ private data.
A main thread throughout today and during the entirety of Davos has been infrastructure. The sentiment was that, fundamentally, there must be a focus on infrastructure if we want to make transacting easier, cheaper, and more efficient in the Metaverse or Web3. With blockchain as the “pipes” and smart contracts to help direct traffic we have technology that can potentially serve multiple user needs—which brings us to the next theme.
Security was prominent today and in most sessions throughout the week, whether implicitly or explicitly. Today, it was security in Bitcoin mining, digital identity, and in the Web3 venture landscape. As an essential part of trust, a key theme of WEF, the feeling in Davos was more of a question: how can technology facilitate trust? To that end, discussions, both in sessions and in person, focused on solutions that specifically balance scalability, usability, interoperability with digital security and privacy.
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Welcome to our rundown of the fourth day at Davos. We had another busy day filled with sessions and meetings. Below are the main themes and highlights for this penultimate day:
Cross-chain liquidity is essential for the efficient functioning of digital assets and decentralized finance (DeFi) markets. Partisia Blockchain Co-Founder Brian Gallagher spoke about the necessity of multichain solutions, like our just-yesterday-released MOCCA (MPC On-Chain Custody Advanced) solution. This is a programmable, decentralized, multichain custody solution that makes custody of digital assets significantly easier. Here, as was discussed on the panel, it is important that users be able to bridge assets on their preferred blockchains, making blockchain agnostic products key. The panelists also discussed important topics like AML, regulation, and protocol interoperability. What stood out was that regulators worldwide are adapting to the realities of DeFi and revisiting existing legislations to facilitate the adoption of new class of assets.
CBDCs and stablecoins have been a key part of discussions around cryptocurrencies over the past year, both positive and negative. Yet, as many nations have already launched or are planning to roll out CBDC pilots and the world is entertaining cashless societies, how CBDCs and stablecoins can co-exist alongside one other to increase financial inclusion needs to be considered. The panel on these two items was sweeping, considering regulation, stability, trust, and even collaboration between stablecoins and CBDCs. A certain fact is that more central banks will pilot CBDCs in the coming years.
One of the threads throughout the World Economic Forum (WEF) has been trust, and related security. Today, we attended WEF’s session on navigating cybersecurity. Something particularly important is that, according to WEF, 43% of organizational leaders estimate that in the next two years they will experience a damaging cyber-attack. The sentiment in this session was that cybersecurity is a collective responsibility and blockchain technology has a greater role to play.
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Welcome to our rundown of the third day at Davos. Today, besides meetings and attending sessions, we launched our very own decentralized, programmable, multichain and multiparty computation (MPC) on-chain product: MPC On-Chain Custody Advanced solution. In short – MOCCA. A custody milestone. This slated nicely into the day’s big themes:
Crypto markets were a key point of focus. Market-making and its intersection with algorithmic trading, market makers’ roles in price stability and volatility mitigation, and emerging trends were discussed. Our announcement of our MOCCA (MPC On-Chain Custody Advanced solution) during our keynote address highlighted how a decentralized, programmable, and multichain solution can redefine securing digital assets and make custodial management significantly easier. A need particularly relevant with the recent spot Bitcoin approvals by the US SEC.
Security, privacy, and transparency were the next major themes. This is reflected in the World Economic Forum’s (WEF) main focus for this year “Rebuilding trust” by honing on the fundamental principles fueling it, specifically transparency, consistency, and accountability. Panelists spoke on the importance of balancing transparency, security, and privacy in decentralized systems—a need fulfilled by our MOCCA product, alongside regulatory oversight. The main takeaways of which were that the industry needs infrastructure that will enhance transparency and help it widen its use.
Lastly, the financing side of the market was point on center stage. Contributors and founders gave an overview of their liquid crypto underwritings, the role of trading platforms in liquidity provision, and risks. The key takeaways were that liquid assets can offer contributors significant upside while mitigating much of the risk normally associated with financing in the asset class and the importance of technology, which facilitates trust between multiple parties.
We also had many meetings and attended thought-provoking sessions, such as WEF’s session on the risks and opportunities artificial intelligence (AI) brings into our daily lives. The Wall Street Journal’s session on managing risks, technology and compliance echoed our firm belief that tech plays a critical role in managing risks.
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