Ecosystem Spotlight Archives - Page 2 of 3

Muwpay — the ultimate “smart wallet” experience on Web3

Guest blog by Dhruv Malik, Sr Smart Contract Engineer and Gael Bokongo CEO and Co-founder at Muwpay.

Muwpay, founded by an educated and innovation-driven team, is on a mission to dissolve the barriers of cross-chain universes by designing a flexible, interoperable user experience. The team has been developing their pioneering protocol called MUWP (Multi Underlying Wrapped Payment), a multi-token protocol adaptable to a variety of formats such as smart wallets, smart widgets, or SDK.

We are privileged to be trusted by Partisia Blockchain, one of the key players in the blockchain space known for secure and private computation services. This partnership has led to the creation of a smart wallet specific to the Partisia community. Thanks to the technical support and global vision of the Partisia Blockchain Foundation, a secure environment has been established where users can experience cutting-edge solutions. This collaborative approach holds vast potential for the future.

We were thrilled to be interviewed by the Partisia Blockchain team to explain our journey so far on our first partnership with such a significant figure in the blockchain industry. Check it out here.

Muwpay is developing the smart wallet and cross-DEXliquidity aggregator protocol with the aim of:

Add tokens from multiple wallets in a few clicks.
Reducing the burden of relying on multiple bridges and DEX aggregators to manually do the transfers.
Providing best price and low slippage trades by making the on-chain orderbook resistant to front-running.
Ensuring that your funds do not get exploited by keeping features such as transferring limited allowance tokens, possibility to revert tokens.
Support for both hardware and software wallets.
Being able to search other wallets using ENS like naming service.

Thus, we provide full end-to-end wallet as a service for Partisia ecosystem

This will be the cross-native wallet that works as follows:

Create your account on Partisia using an external hard wallet and soon from a traditional Web2 account
Create smart account (on-chain smart contract wallet working similarly in terms of multi-sig)
Integrate various wallets and their tokens that you want to use in order to pay other accounts
Define the destination address that you want to pay the amount along with the destination token address and the constraints (maximum percentage of slippage, minimum amount out etc.)
Click on transfer (aka Muwped)

And then see the benefits of paying instantaneously in stablecoins using multiple denominations and low slippage.

For us, Partisia Blockchain ecosystem’s main characteristics were critical to launching our project on this ecosystem, services such as:

Bring Your Own Coin using Hermez Bridge: this allows wallets to reduce the challenge of onboarding collateral tokens from the Ethereum ecosystem. All of the tokens will be represented as 1:1 wrapped versions of the underlying asset, which can be transferred P2P between the wallets, and then redeemed into the original amount. Thus. bringing significant adoption.
ZK MPC compute and possibility for segmenting public and private parameters in contracts: This has been of significant help in developing contracts that keep certain computations private (like computation of gas fees and transaction ordering in the order book), but allowing possibility to generate the proofs regarding the nature of data. This helps us to resolve the issues regarding front-running, keeping information about the users sub wallets private, etc.
Dynamic scalability of producing shards: helps to significantly scale our capacity of our transactions and not being usually blocked due to the bottlenecks introduced due to the periods of intense usage, and, thus, providing more stability.
Having decentralized consensus of oracles to insure safety from malicious price and providing high availability of the pricing feeds for the mainnet tokens.

MUWP offers extensive benefits for crypto holders. It streamlines the conversion of tokens, reduces operational risks through secure and private computation services, and decreases gas fees by enabling any token for payment. The shards feature also improves transaction throughput. As such, MUWP enhances the overall cryptocurrency user experience, taking it a notch higher.

Thus, we have been progressing to build the smart contract protocol layer and also the mobile wallet, and are poised to release the beta test version around July. Feel free to follow the website muwpay.com for more information.

Overall, the partnership between Muwpay and Partisia Blockchain, and the innovations they are set to introduce, demonstrates a clear vision for a more efficient, secure, and user-friendly future in the world of blockchain technology.

Website | Twitter | Linkedin | Telegram | Discord

MetaNames the only name service on Partisia Blockchain

Guest blog by Parker Duncan and Giorgio Guidett, MetaNames Co-Founders.

MetaNames is a decentralized Domain Name System (DNS) built on top of the Partisia blockchain. MetaNames enables users to create human-readable domain names that are linked to Partisia addresses, smart contracts, user socials and IPFS content.

MetaNames simplifies the process of interacting with the blockchain. Instead of using long, complex hexadecimal addresses for transactions, MetaNames allows users to use short and easily recognizable domain names, just like traditional domain names on the internet.

The key benefits of MetaNames include:

Privacy and decentralization: MetaNames is built on top of the Partisia blockchain, which makes it not just decentralized, but also
preserves users privacy when linking it to your social accounts and other user-data.
Human-readable: MetaNames enables users to create human-readable domain names like ‘john.mpc’ or ‘mycompany.mpc’ instead of long hexadecimal addresses.
Interoperability: MetaNames is designed to work with the BYOC logic, allowing users to bring any coin to Partisia using their MetaName.
Easy to use: MetaNames is designed to be user-friendly and does not require technical knowledge to use. Users can easily create a name and link it to a Partisia address with just a few clicks.

Moreover, MetaNames brings fresh air to the NS ecosystem by leveraging Partisia features such as privacy-preserving contracts and BYOC logic:

Profile features: link your Web2 and social profiles, aggregate and show data without revealing sensible information.
Cross-chain capabilities: send funds from any supported chain to Partisia leveraging the Hermes Bridge and BYOC logic.

Check out our roadmap below:

MetaNames aims not just to provide a base and core chain infrastructure but to fully leverage Partisia Blockchain’s innovative technology to improve the current NS industry.

Stay tuned for more, and keep up to date with us by following our Twitter!

Thousand Faces — Empowering Female Founders to Unlock Funding Opportunities with Thousand Faces

Guest blog from Moojan Asghari, Thousand Faces Co-founder and CEO

Thousand Faces is a reward-based crowdfunding platform powered by Partisia Blockchain. It aims to address funding gaps and support impact-driven female founders. With only 1.9% of venture capital funding allocated to all-female founding teams, there is a huge gender gap in funding.

While women currently make just 30% of climate-related decisions, they have proven to excel in building sustainable businesses, resulting in organizations led by women being 2.5 times more profitable. Recognizing the significance of funding more women and providing them with leadership opportunities, Thousand Faces seeks to democratize funding for women and minorities by offering both financial resources and a powerful network.

Driven by the frustration of limited funding and support for underrepresented groups, we embarked on a mission to leverage the principles of Web3, namely transparency, ownership, and decentralization, to serve both people and the planet. The lack of inclusivity in investment decisions, particularly regarding women and minority-led ventures, poses a significant challenge. Research shows that unconscious bias often leads investors to favor individuals who resemble themselves, perpetuating the underfunding of women and minorities. To address this issue, Thousand Faces turned to the powerful capabilities of Partisia Blockchain.

Partisia Blockchain introduces an innovative approach to tackle this problem through its zero-knowledge and voting mechanisms. Leveraging the secure content and zero-knowledge voting developed by Partisia Blockchain, Thousand Faces is building a decentralized autonomous organization (DAO). This empowers the creation of an inclusive and transparent voting system that ensures the active participation of a diverse community.

The voting system operates at two levels. Firstly, a diverse jury panel plays a crucial role in the initial voting stage, utilizing the zero-knowledge bootstrapping of Partisia Blockchain to ensure process security. Additionally, a committee-based second level of voting includes the entire community, consisting of token holders and NFT members. This approach guarantees that community members, who act as funders and supporters, have a voice in selecting projects and monitoring their progress.

Thousand Faces has already launched its first membership and NFT collection, available on the website for interested individuals to explore and apply for private sales. You can apply to join the Thousand Faces membership on the allowlist here. The platform has also established a dedicated member’s board and successfully completed its inaugural acceleration program for female founders. We received over 200 applications from nearly 80 countries, aligning with diverse UN Sustainable Development Goals (SDGs). From Kenya, Nigeria, Germany, Lebanon, Singapore, and the UK, six outstanding projects reached the final round. At the awards ceremony in April, the top three were granted US$30,000, with support from sponsors including Sandbox and the World of Women Foundation.

To stay updated on our latest developments and join us on our exciting journey, follow us on Twitter or visit our website. We’re excited to be part of the Partisia Blockchain ecosystem and are fully committed to transforming the inclusivity in the web3 space and beyond.