Partisia Blockchain grants DAT to build privacy-preserving data security and compliance solutions

Partisia Blockchain grants DAT to build privacy-preserving data security and compliance solutions

ZUG, 9 JULY 2024. Partisia Blockchain grants the Digital Assets Technologies (DAT) AG. to launch a platform designed to tackle critical data security and privacy issues. Tailored for auditors and blockchain organizations, the DAT’s platform will be a robust mechanism for proving asset ownership while ensuring privacy and compliance.

Traditional data transmission methods are increasingly inadequate, often leading to security breaches and undermining transaction integrity. This vulnerability affects not only auditors and blockchain organizations but also poses significant risks to Virtual Asset Service Providers (VASPs), banks and end consumers. The Partisia Blockchain-supported DAT solution will address these challenges by offering a secure, privacy-preserving environment for transaction and asset verification.

The Partisia Blockchain-backed DAT platform will be designed to balance the need for transparent audits with the right to privacy in digital transactions. This approach ensures data can be shared and verified in a manner that meets modern privacy expectations and compliance regulations, making it essential for financial institutions and end-users.

The DAT solution will combine advanced technology with industry expertise to deliver features tailored for blockchain entities and financial auditors:

  • Employee key monitoring: Tracks key custodianship and wallet balances within single- and multisig wallets, ensuring clear oversight of digital asset management.
  • Wallet ownership proofs and attestations: Provides irrefutable evidence of asset ownership and control of private keys, essential for internal revisions and financial audits.
  • Transaction and limit policy monitoring: Ensures each transaction adheres to authorized policies and regulations, adding compliance oversight.
  • On-chain compliance rule-engine: Automates compliance checks directly on the blockchain for real-time assurance.
  • Compliance reporting: Streamlines reporting to align with regulatory demands and internal risk management.
  • Risk matrix for exchange and marketmaker: Assesses and mitigates risks associated with crypto exchanges and market-making activities.
  • Multi-wallet integration and balance reporting: Manages and reports across multiple wallets to maintain asset distribution oversight.

The Partisia Blockchain-supported offering’s security architecture prioritizes privacy and security without sacrificing usability, featuring:

  • Zero-knowledge computing: Ensures only necessary data is revealed during audits, preserving transaction privacy.
  • Multiparty computation (MPC): Performs computations on encrypted data, ensuring sensitive information remains concealed.
  • Data encryption at rest: Maintains data confidentiality against unauthorized access and breaches.
  • Provable trust framework: Guarantees no access to clients’ sensitive data, bolstering stakeholder confidence.
  • Audit trail and transparency: Provides a transparent, tamper-evident log for accountability and regulatory examinations.

The DAT’s solution will uphold strict standards, aligning with ISO 27001 and SOC 2 frameworks to deliver a robust compliance posture. This suite of features ensures that the offering meets today’s market and regulatory requirements and can adapt and scale to future demands.

About Partisia Blockchain: Partisia Blockchain brings unparalleled opportunities by empowering privacy-preserving, interoperable and sustainable innovation for fairness and transparency. It fuels the most secure and efficient networks to solve global problems. Distilled with 35 years of rigorous research, Partisia Blockchain future-proofs solutions, solves tomorrow’s challenges by powering fair, secure, distribution of benefits. While preserving privacy and confidentiality, it brings accountable, transparent and decentralized governance. Learn more: www.PartisiaBlockchain.com

About Digital Assets Technologies (DAT) AG.: Digital Assets Technologies (DAT) AG offers secure, privacy-focused SaaS solutions for CPAs, financial auditors and digital asset companies. Created by seasoned blockchain experts, the platform revolutionizes accounting, financial audits and travel rule compliance with top-tier security and regulatory adherence. Learn more: https://dat.ag

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Partisia Blockchain and Truflation to transform DeFi with real-world financial data

Partisia Blockchain and Truflation to transform DeFi with real-world financial data

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:

  • Enhanced data security: Truflation’s data will be securely integrated into Partisia Blockchain’s privacy-focused blockchain, ensuring user data is protected.
  • Improved accessibility: Developers and users will have seamless access to real-time financial data, facilitating the creation of more dynamic and responsive DeFi applications.
  • Innovation in DeFi: The collaboration will foster the development of new financial instruments and services, driving innovation and growth in the decentralized finance sector.

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 2024 update

June 2024 update

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.

Strategic collaborations and platform launches

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.

Partisia Blockchain’s AirDrop Program update

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.

Spotlight on Shirly Valge: Crypto Valley Conference

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.

Press highlights: Podcast with Mathias Glintborg and Mark Bundgaard

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.

Zealy competition outcome

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.

Q8 staking rewards update

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.

Five levels of Partisia Blockchain

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!

Launching our in-depth DeFi Guide

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.

Community AMA highlights

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.

Join us at the 25th International AIDS Society event

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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