DAVOS, 17 JANUARY 2024. Today in Davos, Partisia Blockchain unveiled its latest product – MOCCA (MPC On-Chain Custody Advanced solution). The MOCCA solution revealed during the World Economic Forum is a decentralized and fully programmable multichain custody solution designed to redefine the landscape of securing digital assets and ease custodial management.
The key differentiators of MOCCA from the existing custody solutions are its decentralized and enhanced programmability through smart contracts, blockchain agnostic multichain functionality, advanced security and compliance, and configurable privacy.
Peter Frandsen, Chief Technology Officer at Partisia Blockchain, says:
“MOCCA solution marks a significant milestone in the evolution of decentralized custody; it addresses the current limitations of traditional smart contracts and centralization. MOCCA empowers institutions and organizations with genuine decentralization, advanced programmability and the flexibility to secure digital assets across multiple chains. Backed by our decades-long expertise in multiparty computation (MPC), this product is our commitment to delivering cutting-edge solutions that redefine the standards of security, compliance, and innovation in the blockchain space.”
Partisia Blockchain’s latest MOCCA product addresses the limitations of inflexible and centralized custody solutions, offering genuine decentralization while providing full programmability. This is especially beneficial for institutions, decentralized autonomous organizations (DAOs), wallet providers and exchanges seeking trustless collaboration on securing digital assets.
The fully programmable nature of MOCCA’s custody smart contracts enable policies such as the addition or removal of signers, modification of threshold signature schemes and voting powers, integration of NFTs with special permissions, implementation of specific rules for transaction categories and much more.
Users can choose to bridge assets to Partisia Blockchain or secure assets on their preferred blockchains, offering flexibility and choice. Deployment is swift and cost-effective, directly on-chain, with customizable templates and tools. The MOCCA solution is designed to be blockchain agnostic, relying on MPC technology independent of protocol support.
Backed by 35 years of MPC research, Partisia Blockchain’s newest MOCCA solution ensures security and compliance. Advanced features, such as off-chain signing and key decentralization contribute to safeguarding substantial funds against potential threats. Public blockchains enable automatic key rotation and adjustable transparency levels, ensuring robust protection against attacks. Partisia Blockchain’s MOCCA goes beyond standard custody offerings by introducing security-audited standard policies and allowing for arbitrary code logic.
MOCCA deploys on public blockchains where its code and state are visible. However, key shards are exclusively generated and stored by users or MPC clusters, and then submitted to the decentralized MPC protocol. This allows participants to actively engage in governance and sign transactions directly on-chain—a significant advantage over commonly used TSS protocols, which are challenging to modify once deployed.
MOCCA Roadmap
Partisia Blockchain’s MOCCA represents a paradigm shift in custody solutions, offering unparalleled decentralization, security, ease and programmability. The solution is poised to meet the diverse needs of institutions and organizations navigating the complexities of managing digital assets in today’s dynamic landscape.
About Partisia Blockchain: Partisia Blockchain brings unparalleled opportunities by empowering privacy-preserving, interoperable and sustainable innovation for fairness and transparency. It fuels the most secure and efficient networks to solve global problems. Distilled with 35 years of rigorous research, Partisia Blockchain future-proofs solutions, solves tomorrow’s challenges by powering fair, secure, distribution of benefits. While preserving privacy and confidentiality, it brings accountable, transparent and decentralized governance. Learn more: www.PartisiaBlockchain.com
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ZUG, 8 JANUARY 2024. Partisia Blockchain’s advanced multiparty computation (MPC) technology powers the world’s first zero-knowledge cross-chain decentralized exchange (zkCrossDex), developed by TeraBlock. The monumental innovation was made possible thanks to the Partisia Blockchain Foundation’s grants program. TeraBlock’s zkCrossDex, elevated by MPC, ensures transactional privacy and addresses the critical front-running issue in decentralized finance (DeFi).
This integration sets a new standard in transactional efficiency and security within the DeFi sector. TeraBlock’s zkCrossDex aims to make DeFi more accessible, secure, and efficient, contributing to a more inclusive financial ecosystem.
The MPC-powered zkCrossDex seamlessly connects disparate blockchain networks and serves as a standard-setter of interoperability, enabling fluid asset swaps and liquidity flow across diverse ecosystems. Users gain unprecedented access to a wide array of assets and markets, representing a transformative development in the DeFi landscape.
Brian Gallagher, Partisia Blockchain Co-Founder, says:
“Together with TeraBlock, we are bringing a newly developed execution platform for DeFi to real-life use. This will address a few recognized weaknesses with one of the most popular DeFi solutions – automated market makers (AMM). The Partisia Blockchain is designed for scalability, interoperability and privacy and the framework uses all of these to improve AMMs.”
Addressing the complexity hindering mass adoption in DeFi, TeraBlock’s MPC-powered zkCrossDex removes barriers with its intuitive interface, making DeFi accessible and user-friendly – in line with Partisia Blockchain’s ethos of making DeFi more financially inclusive.
Shivam Tandon, Founder and CEO at TeraBlock, says:
“Our zkCrossDex is carefully designed to aggregate liquidity across multiple chains, addressing a pivotal challenge in DeFi and made possible by Partisia Blockchain’s MPC technology. The initiative strategically moves towards a more fluid and interconnected DeFi ecosystem, aiming to revolutionize liquidity management for a seamless and efficient market experience.”
The MPC-backed zkCrossDex represents a significant step towards a secure, more inclusive and technologically advanced DeFi ecosystem. Both Partisia Blockchain and TeraBlock are committed to making DeFi accessible to all, contributing to an equitable and efficient financial ecosystem.
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 TeraBlock: TeraBlock is a well-established cross-chain interoperability protocol and a DeFi infrastructure-as-a-Service provider focused on revolutionizing the decentralized finance (DeFi) space. TeraBlock is committed to creating innovative solutions that make DeFi accessible, secure, and efficient for users worldwide.
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ZUG, 4 DECEMBER 2023. Partisia Blockchain announces the appointments of Maria Cocu as Community Growth and Engagement Associate and Alexander Pombo as Adoption Officer, further fortifying our commitment to outreach within the broader community, state institutions and regulated corporate sectors.
Maria Cocu, a professional with experience in the Web3 space, assumes the newly created role. Her background prior to Partisia Blockchain includes impactful contributions to diverse blockchain projects encompassing marketing, product development, community management, client relationships, branding and analytics. Prior to her entry in the blockchain industry, Maria served as a language tutor and a model in Spain.
In her capacity as Community Growth and Engagement Associate, Maria will leverage her Web3 expertise to build communities and provide guidance on effective methodologies. Drawing from her experience in client relationship management, community building and digital marketing—including the successful execution of IDO platform marketing campaigns—Maria is poised to connect users with innovative solutions, foster community growth and extend our geographic reach.
Maria’s academic credentials include a double degree in Marketing and Tourism from the King Juan Carlos University in Madrid, complemented by credentials in coding and responsive web design.
Kurt Nielsen, PhD, President of Partisia Blockchain, says:
“This year, we have significantly bolstered our team, introducing a range of new skill sets to manage our growth. The addition of Maria and Alexander, with their diverse skills and experiences, will help propel Partisia Blockchain toward enhanced adoption and focused growth. These appointments solidify our standing in the Web3 industry, and both Maria and Alexander will play roles in driving our values and sustained expansion.”
Alexander Pombo, joining as Adoption Officer, brings experience in startup ventures and entrepreneurship within highly regulated industries, including the cannabinoids market and state services. With a focus on bringing public sector institutions, regulated corporates and Web2 organizations into the Partisia Blockchain ecosystem, Alexander draws on his research into the application of blockchain and multiparty computation (MPC) technology in e-voting for his Master’s thesis.
Alexander holds a Master’s and Bachelor’s degrees in Political Science from the University of Geneva and the University of Zürich, respectively, and a minor in Slavic Language and Literature Studies. He also possesses a Russian Language certificate from the Moscow State University and the Russian State University for the Humanities.
Partisia Blockchain extends a warm welcome to Maria and Alexander, anticipating their contributions to our continued growth and success. These appointments underscore our dedication to expanding our reach and strengthening our outreach efforts.
As we forge ahead, Partisia Blockchain remains committed to advancing the adoption of Web3 technologies and fostering meaningful collaborations with state entities, enterprises, and regulated corporations. Maria Cocu and Alexander Pombo’s skill sets align seamlessly with our vision, positioning Partisia Blockchain for sustained success in the dynamic landscape of blockchain innovation.
About Partisia Blockchain: Partisia Blockchain brings unparalleled opportunities by empowering privacy-preserving, interoperable and sustainable innovation for fairness and transparency. It fuels the most secure and efficient networks to solve global problems. Distilled with 35 years of rigorous research, Partisia Blockchain future-proofs solutions, solves tomorrow’s challenges by powering fair, secure, distribution of benefits. While preserving privacy and confidentiality, it brings accountable, transparent and decentralized governance. Learn more: www.PartisiaBlockchain.com
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