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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