We kicked off the first day in Davos during the World Economic Forum (WEF) with the first day of the inaugural Crypto2030! It is an honor to be a 2024 Edition Sponsor and unite with many important organizations from all over the world to advance the Web3 space. Especially during the WEF. A gathering attended by thousands from governments, non-governmental organizations (NGOs), and leading businesses and technology firms with more than 200 sessions and countless meetings.
Let’s dive into the first day’s blockchain-related themes.
Regulations everywhere are on the rise. Panelists today covered the landscape and what the future has in store. Discussions touched on Europe’s recent Markets in Crypto-Assets Regulation (MiCA), and actions by supervisory and governing bodies like Singapore’s Monetary Authority (MAS), Switzerland’s Financial Market Supervisory Authority (FINMA), and the Financial Action Task Force (FATF). In short, key infrastructure, such ours, will be key in increasing security, privacy and transparency for all market participants alike.
Taking in the decentralized finance (DeFi) ecosystem in its entirety was also prominent. This developing ecosystem can increase trust and reliability, something close to our hearts at Partisia Blockchain and, coincidentally, a key theme of the WEF – “Rebuilding trust”. Participants discussed everything from liquidity and risk management, lending protocols, derivatives, and how DeFi is disrupting traditional finance. The feeling was that trustless technology might be one of the solutions to regain trust.
The third theme was tokenization, which has the potential to transform the financial landscape as it can be applied to a range of assets. At the center of this is blockchain technology, which drastically simplifies the process of issuing securities. Participants demystified tokenization, telling how tangible assets can be tokenized, ownership proved and the benefits of immutable records.
We also had a very productive day speaking to leaders and we attended an engaging WEF session on the role of openness in science while taking on questions of trustworthiness and bias. From the discussions, we were further convinced the key role blockchain infrastructure can not only play in boosting trust, but in supporting science’s core tenants of reproducibility and collaboration.
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As we step into the promising 2024, we are thrilled to announce our presence in Davos during the World Economic Forum (WEF) from 15th to 19th January 2024. This global gathering of thought leaders, policymakers and visionaries provides the perfect backdrop for us to share groundbreaking insights, forge strategic alliances and shape the path ahead for our blockchain.
We are excited to invite you to meet the team in Davos, providing an opportunity to engage in insightful conversations, explore collaborative possibilities and gain a firsthand understanding of our vision for the future of blockchain. Our delegation includes:
If you are interested in exploring the growth of our technology and blockchain click here to schedule your exclusive meeting with Shirly Valge and our delegation.
We are excited to unveil exclusive news on the ground in Davos. You can look forward to announcements that will reshape our ecosystem, forging new partnerships and opening doors to new possibilities with our technology.
We look forward to meeting you in Davos, where we anticipate engaging discussions! Stay tuned for more updates on our Davos meet-up – your participation promises to make it an event to remember.
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The European Blockchain Convention, held in Barcelona on 25-26 October 2023, was a celebration of Web3 innovation, attracting passionate individuals and organizations eager to shape the digital future. As an attendee, I had the pleasure of meeting numerous Web3 projects and industry experts who expressed genuine enthusiasm about Partisia Blockchain’s revolutionary applications of secure multiparty computation technology (MPC) and hybrid blockchains.
It was heartening to see how they not only appreciated our contributions to privacy-enhancing technologies and blockchain infrastructure but also wanted to continue the conversation, with the aim of becoming builders within our ecosystem.
The convention served as a testament to the collaborative spirit and shared vision of creating a more decentralized, user-centric digital world. Over these two days, attendees were treated to enlightening talks from some of the industry’s finest minds and exposed to game-changing topics such as privacy, secure infrastructure, Real World Assets (RWA), digital identity, ESG (Environmental, Social, and Governance) principles, and interoperability. In this recap, we will delve into the highlights of this groundbreaking convention and the key takeaways that promise to shape the future of Web3.
Privacy has always been a concern in the digital age, and the Web3 movement is no exception. At the European Blockchain Convention, it became clear that privacy is a fundamental pillar of the Web3 ecosystem. Discussions revolved around how blockchain technology and state-of-the-art cryptography such as MPC and fully homomorphic encryption (FHE) can offer users and businesses greater control over their data, preserve privacy and comply with regulations, while still being able to compute on it. Solutions that ensure data sovereignty while enabling secure and private computation were showcased, setting the stage for a future where privacy is not compromised for convenience.
Web3 is all about decentralization and putting control back in the hands of users. Building secure infrastructure is essential to achieving this goal. The convention brought together a diverse group of experts, infrastructure builders, and enterprises dedicated to creating scalable and decentralized networks with high performance and interpretability to other ecosystems. The discussions highlighted the vital role of infrastructure in the success of Web3 projects and the importance of continuous innovation in this field.
Web3’s potential goes far beyond digital currencies and non-fungible tokens. Real World Assets (RWA) are making their presence known, bridging the gap between the physical and digital worlds. Several projects showcased at the convention are pioneering solutions that enable the representation and transfer of real-world assets on blockchain networks. This innovation is set to revolutionize industries such as real estate, finance, and supply chain management by tokenizing assets and unlocking new opportunities for global trade and investment.
Digital identity is at the core of Web3’s promise to empower individuals in the digital space. Convention attendees learned how blockchain technology is redefining digital identity, putting users in control of their personal information. Projects focused on self-sovereign identity and decentralized identity management solutions are emerging as key players in the Web3 ecosystem. The discussions at the event explored the importance of identity ownership, the elimination of central authorities, and the protection of user data. Several identity projects showed great interest in the prospect of Partisia Blockchain’s MPC technology that can enhance digital identity with self-sovereign storage and private computation.
A significant addition to the conversations at the convention was the integration of ESG principles into Web3 technologies. Environmental, Social, and Governance factors are increasingly seen as essential components of sustainable and responsible business practices. Many Web3 projects and enterprises are actively incorporating ESG considerations into their strategies. This commitment to sustainability and ethical governance aligns with the broader global movement towards a more environmentally friendly, equitable, and responsible future.
One groundbreaking topic that garnered significant attention was the tokenization of carbon credits. Several Web3 projects are pioneering the digitization of carbon credits, which allows for more accessible and efficient trading and tracking of carbon emissions. By incorporating blockchain technology, Web3 is poised to revolutionize the way we combat climate change. This innovative approach facilitates transparency in carbon trading, encourages environmental responsibility, and furthers the cause of reducing carbon footprints.
Interoperability emerged as a pivotal theme at the convention, underscoring the need for different blockchain networks and Web3 projects to work seamlessly together. The Web3 ecosystem thrives when disparate platforms can communicate and transact with one another. Projects showcased solutions for cross-chain interoperability, allowing assets and data to flow freely between different blockchains. This interconnected Web3 infrastructure promises to unlock new levels of innovation and efficiency by fostering collaboration across the ecosystem.
The European Blockchain Convention in Barcelona was a testament to the growing momentum of the Web3 movement. With a keen focus on privacy, secure infrastructure, Real World Assets (RWA), digital identity, ESG principles, and interoperability, the event provided a snapshot of the innovations and solutions that are shaping the future of Web3.
As we move forward, these discussions and projects will continue to play a pivotal role in building a decentralized, user-centric digital world that addresses the challenges of today and paves the way for a brighter tomorrow. We were honored to witness the strong interest in Partisia Blockchain’s MPC technology and the desire of many projects to join our ecosystem, and we look forward to forging new alliances and innovations in the Web3 landscape.
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During the month of September 2023, I will be traveling to a few conferences, and doing a few speaking engagements. As a part of the conference going, I will be providing a few thoughts on what I have seen, people and projects I have met and the changes and trends emerging in the last year or so in the industry.
From Zug, I traveled south to not only take part in the first large Web3 conference in Milan, but also the privilege to take part in a panel discussion about DAOs. This felt more like a standard Web3 conference with a lot of your usual projects. And the theme was similar, with ZK, DAOs, offramp/onramp and a few DeFi projects. And everyone I spoke with knew or heard about MPC.
The panel was about DAO governance, where we discussed a range of topics including leadership, legal frameworks and of course, the need for privacy. It was enlightening to hear about how DAO’s were maturing. I was honored to be included in quite a list of distinguished panelists, with lawyers, researchers and the BD from MIDAO (Marshall Island DAO).
I also got a chance to meet with one of our projects building on our chain, MetaNames. They are building a naming service on our chain, allowing for the name to support all BYOC assets and not just MPC. With them very close to launching in mainnet, it was the perfect time to discuss next steps.
This wrapped up my conference tours for the month of September. It will be good to get back to my desk and begin exploring the leads we were able to find and also get back to actually getting some work done!
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During the month of September, I will be traveling to a few conferences, and doing a few speaking engagements. As a part of the conference going, I will be providing a few thoughts on what I have seen, people and projects I have met and the changes and trends emerging in the last year or so in the industry.
It felt like we are finally beginning to see a migration from an asset driven ecosystem to companies actually looking to solve for real world problems.
CV Summit, held in Zug, Switzerland, was a completely different experience than Korea Blockchain Week and Token2049. While it was smaller, and only lasted two days, it was quite a networking experience with many established organizations taking part. KBW and Token2049 was full of entrepreneurs and startups, but many of the people I met were representing companies that had been in the industry for a long time, or was a Web2 company looking to expand into Web3. Certainly not the Web3 atmosphere as the others I have attended. I think this is partly due to the maturity of the industry.
As we are a partner of CV Labs, we were able to secure a booth and many of my colleagues also attended. It was great to see the gang get together for this one and work as a team.
It was an amazing experience being able to connect with potential leads, from supply chain, DAOs, and property deeds management using NFT companies being the notable companies. It felt like we are finally beginning to see a migration from an asset driven ecosystem to companies actually looking to solve for real world problems.
I also got a chance to network and meet with a variety of projects with whom I hope we can enter into some kind of a partnership. We have begun reaching out to them and will report back with updates soon.
During the month of September 2023, I will be traveling to a few conferences, and doing a few speaking engagements. As a part of the conference going, I will be providing a few thoughts on what I have seen, people and projects I have met and the changes and trends emerging in the last year or so in the industry.
My first time in Singapore! The second week of my event experience was at Token2049 in Singapore where I got my first taste of a city I heard so much about but never experienced. I expected it to be a very high end place with expensive cars and high rises. To my surprise it was more like a mix between Hong Kong and Miami. A very laid back Hong Kong maybe? Either way it is an amazing place and I am wishing I could stay a bit longer
The week was far more busy than Korea Blockchain Week (KBW) where there was a significant event every day.
Monday: Eth Singapore — The event was co-hosted by AngelHack who is a good friend of ours. Ryan, the CEO, helped us feel at home and we discussed our potential future collaboration. It was once again devoid of L1 but I did see quite a number of cloud computing providers selling their services. From Google to Huawei, more and more cloud service providers were looking to help build nodes on blockchains.
Tuesday: Decompute (MPC conference) — On Tuesday, I visited a specifically MPC based conference called Decompute. Yes, an actual MPC dedicated conference in a blockchain week. It was amazing to see a ton of MPC focused blockchains coming up and to me it showed the continued emergence of privacy solutions in blockchains. From Nillion to Aptos to other various smaller names, a lot of folks were working on MPC solutions. In fact, during the Q&A session with Aptos, someone raised a question asking “how does this compare to Partisia Blockchain’s preprocessing method?” 0_o Wow, someone who actually has heard of us! I made sure I got his contact and will be following up with him in the future.
Wednesday: IoTex side event (where we were one of the sponsors) —Wednesday was the big event for us where we had Brian Gallagher, one of our Co-Founders, speak in a large side event held by IoTex (one of our future integration partners) and we presented our interoperability model. We also showcased our new banners which we think are much cleaner than our old ones. While I grayed out the new logo here on these pictures, we will be revealing this soon. With Vinny Leow and Markus Spillmann with us, we made sure our presence was felt!
Thursday: Token2049 —Thursday was the visit to the main conference. And there was a huge difference between KBW and Token2049. It was two full floors filled with booths to the brim. There was absolutely no way you could visit them all and all I got was just a very small sample of the different projects that were on display there. It certainly did not feel like a bear market at all.
With that said, like in KBW, the main theme was in ZKP, interoperability, NFT and a lot of service providers.
I met up with a ton of potential leads, which we will combine with the KBW and beginning next week, we will begin following up on them.
My next stop will be in Zug to attend the CV Summit with a larger Partisia Blockchain team in early October and then off to Milan for a speaking engagement at EthMilan. If you are around the area, please let me know.
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During the month of September and early October 2023, I will be traveling to a few conferences, and doing a few speaking engagements. As a part of the travel, I wanted to provide a few thoughts on what I have seen, people and projects I have met and the changes and trends emerging in the last year or so in the industry.
Even just a year ago, zero knowledge proof was barely a topic of conversation. Now, almost everyone had some level of understanding of what MPC was.
My first week of events was in South Korea, my birthplace, and I spent the week going to multiple side events, did a quick speaking engagement (thank you H.E.R. DAO for the opportunity) and met with a variety of builders, projects and community builders.
I also got a chance to meet with two of our Korean Ambassadors, which was an amazing opportunity. We teamed up for three days going around different side events promoting building for privacy using Partisia Blockchain.
My first thought was with the amount of missing L1 blockchains in the industry that was present. It clearly still is a bear market and as a result, L1’s were visibility absent. One person I spoke with, when I mentioned I was from an L1, said “oh no, not another L1!” And I think that reaction makes sense. As mentioned on our interoperability article, L1s are all playing a zero sum game. Everyone is in competition with each other and the industry is trying to mature into more of an interoperable environment. To me it was a good sign not only for the blockchain industry but also for Partisia Blockchain, as people were beginning to understand the importance of interoperability in any industry.
My second thought was the amount of zero knowledge events that were out there. One out of every two to three events was either focused on ZK or had zero knowledge as a topic. Even just a year ago, zero knowledge proof was barely a topic of conversation. Now, almost everyone had some level of understanding of what MPC was. This was an amazing shift in the industry and I will keep you all updated to see if this trend continues.
Just on a side note, even the ZKP experts were conceding that ZKP has limitations in scaling and long computation times. My thought is that as the industry continues to mature, many people will begin to turn to MPC as a potential solution unless ZKP scaling issues can be resolved.
Overall, I met up with quite a number of potential leads and partnership opportunities. Quite a lot of leads to follow up, interesting use cases to delve deeper into and more opportunities to come from what I thought was a very successful event. A lot of the builders were focused on DID/SSI solutions, as well as gaming and ZKP technology.
More to come next week on our presence in Token 2049 where we will have a booth and a speaking engagement at the R3al World @ Token2049: Interoperability, Web3’s Disruption Point conference. If you are in the area, come say hello!
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During the course of July, students, young professionals, academics, and industry leaders came together from across the globe for the SDG Summer School. This Summer School is organized by the University of Geneva and hosted in the SDG Innovation Lab, close to the United Nations as well as on different campuses around the world in parallel. Partisia Blockchain had the privilege of attending and actively participating in the program.
Groups of students were formed, assigned a coach and began to develop an idea into a project. The projects were all aimed at solving pressing problems and contributing to the Sustainable Development Goals (SDGs). After three weeks the groups pitched their projects to a jury consisting of decision makers from major institutions such as the University of Geneva, the Global Fund and the Olympic Committee.
I had the opportunity of representing Partisia Blockchain and coaching a group of students in creating an innovative solution to women’s health:
“Her Menstrual Trials” is an application using MPC and Blockchain to track women’s health trends and the effects of medications without revealing anyone’s personal health data. The blockchain would provide crypto-incentives to the participants and help store and track the data collected, while MPC would keep the data private, while allowing for real-time, continuous data collection from the participants.
Furthermore, Partisia Blockchain had the pleasure of sponsoring a student from Copenhagen to come to Geneva and participate in the Summer School.
The SDG Summer School is an impactful event empowering young minds to find solutions to the most pressing problems around the world. Partisia Blockchain is proud to support such an initiative and help to contribute to a brighter future for all.
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