January marked a strong start to 2024 for Partisia Blockchain, featuring groundbreaking developments and strategic partnerships that define our dynamic journey for the year. Unveiling the revolutionary MPC On-Chain Custody Advanced (MOCCA) solution in Davos, we explored the transformative potential of MPC and delved into its pivotal role in reshaping the digital landscape. Engaging in impactful discussions during the World Economic Forum, we highlighted the importance of blockchain in rebuilding trust and announced collaborations with five innovative projects. Interviews with our thought leaders shed light on the evolving digital terrain, covering artificial intelligence discussions in Davos and the potential of Web3 and MPC. As we venture into February, exciting initiatives include the AirDrop program and a thriving Hackathon, accompanied by significant tech highlights, promising a month of continued innovation.
Partisia Blockchain introduced a revolutionary leap in decentralized custody solutions with the unveiling of MOCCA (MPC On-Chain Custody Advanced solution) in Davos during the World Economic Forum. MOCCA stands out for its decentralized and programmable multichain custody, offering enhanced security, compliance, and privacy. Backed by 35 years of MPC research, MOCCA addresses limitations of traditional smart contracts and centralization, providing institutions and organizations with genuine decentralization and flexibility in securing digital assets across multiple chains. Notable features include fully programmable custody smart contracts, blockchain-agnostic multichain functionality, and swift, cost-effective deployment directly on-chain.
Davos 2024 marked a week of unparalleled influence and innovation for Partisia Blockchain, solidifying its presence on Promenade during the World Economic Forum (WEF) for the second consecutive year. The launch of the MOCCA solution set a new industry standard, addressing infrastructure fortification, transparency, and expanded usability. Discussions in Davos focused on the pivotal role of blockchain in rebuilding trust, with an increased emphasis on regulatory landscapes, particularly Europe’s MiCA regulation and global supervisory actions. Brian Gallagher, Co-Founder of Partisia Blockchain, emphasized the importance of building decentralized trust networks, and discussions spanned cross-chain liquidity, Central Bank Digital Currencies (CBDCs), stablecoins, cybersecurity priorities, and identity management. We were proud to have Shirly Valge, Chief of Growth, participate in the first-ever Women in Web3 Global Summit, connecting with visionary women leaders. Beyond more than 40 engagements, fruitful meetings resulted in letters of intent, collaborations, and agreements, making Davos 2024 a landmark event shaping the future of blockchain through regulatory advancements and technological breakthroughs, highlighting the industry’s commitment to innovation and trust-building.
Kurt Nielsen explored the transformative potential of multiparty computation (MPC) for 2024 in a recent blog. Partisia Blockchain envisions MPC becoming fundamental for secure, collaborative digital interactions. Key highlights include mainstream integration across industries, with a focus on finance and healthcare for safeguarding sensitive data. MPC will revolutionize decentralized identity, enhance privacy in blockchain, offer quantum-ready solutions, and accelerate innovation in artificial intelligence and machine learning. Financial sectors and healthcare research will lead MPC adoption, while DeFi expands beyond blockchain, addressing edge computing security and driving standardization initiatives.
In recent press interviews, Partisia Blockchain’s thought leaders shared valuable insights into the rapidly evolving digital landscape. Shirly Valge engaged in an insightful conversation with CoinDesk in Davos, delving into discussions where AI took center stage. As our Chief of Growth, she provided a unique perspective on the dynamic landscape. Brian Gallagher, Co-Founder of Partisia Blockchain, explored the potential of Web3 and secure multiparty computation (MPC) in an interview with the Human and Machine Channel. The discussion centered around how MPC ensures data privacy in the ever-evolving digital realm.
This year’s first month has been a flurry of activities with new partnerships. And Davos was a perfect platform for partnerships. During the World Economic Forum, we announced new projects partnering with Partisia Blockchain.
February marks the launch of the Partisia Blockchain AirDrop program. With the upcoming governance vote for the MPC token transferability just around the corner, this is a testament for the Partisia Blockchain’s vision. The program features an impressive pool size of 25 million MPC tokens. The program offers an unparalleled opportunity for the early adopters of the Partisia Blockchain. The first tranche of the 25 million MPC token AirDrop program commencing on 1 February 2024 will kickstart the further expansion of our ecosystem. Our Hackathon is moving along well with close to one thousand participants. The end of the Hackathon is set for 13 February 2024, and judging to conclude by March. We are anticipating to see some great projects come out of it. And do not miss the Crypto Stalkers AMA this month. Tiago Serôdio is going to introduce the Crypto Stalkers community to Partisia Blockchain and will answer their questions.
The node operators voted in favor of onboarding USDT as a BYOC token. This now adds another stable token as a form of payment to the Partisia Blockchain network. Another proposal to expand the BYOC portfolio will be put forward this month. The node operators will be asked to vote for the inclusion of the wBTC token into the BYOC portfolio. Finally, the Partisia Blockchain team will be attending ETH Denver from 23 February until 3 March. The delegation will consist of key persons and look forward to meeting you in Colorado.
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For the second consecutive year, Partisia Blockchain took center stage in Davos during the World Economic Forum (WEF), marking a milestone with the largest delegation to date. Despite the cold weather, tight security and a packed agenda, our mission to promote Partisia Blockchain remained unwavering, leading to more than 45 engagements—spanning keynote addresses, panel discussions, industry sessions and speeches over five dynamic days.
A defining moment occurred in Davos with the launch of our MPC On-Chain Custody Advanced (MOCCA) solution. This decentralized, programmable, multichain custody solution set a new industry standard, addressing the pressing need for fortified infrastructure, transparency and expanded usability.
The WEF’s overarching theme, “Rebuilding trust”, framed numerous discussions on blockchain’s pivotal role in restoring trust. Our engagements with decision-makers consistently highlighted blockchain and other innovative technologies as essential tools in the pursuit of regaining trust.
Davos 2024 witnessed an increased focus on the regulatory landscape within the blockchain sphere. Discussions delved into Europe’s MiCA regulation and actions by global supervisory bodies. The consensus underscored the vital role of key infrastructure, exemplified by Partisia Blockchain, in strengthening security, privacy and transparency. This regulatory exploration unfolded amidst a surge of interest in decentralized finance (DeFi) and tokenization.
In DeFi, stakeholders explored its potential to rebuild trust through enhanced reliability. Conversations spanned liquidity, risk management and the disruptive impact on traditional finance, with trustless technology emerging as a viable solution. Tokenization, powered by blockchains like ours, took center stage, showcasing its transformative capacity to simplify securities issuance and provide irrefutable ownership through immutable records.
Trust, a pervasive theme in Davos, seamlessly aligned with Partisia Blockchain’s mission. Insights from Brian Gallagher, our Co-Founder, emphasized the importance of building decentralized trust networks. The regulatory imperative for managing risk across digital asset markets highlighted the collective responsibility required for a resilient and inclusive market environment. Technology’s role in enhancing transparency and mitigating risks showcased blockchain’s potential.
Brian Gallagher emphasized cross-chain liquidity’s necessity, pointing to the vital role of multichain solutions. Discussions on Central Bank Digital Currencies (CBDCs) and stablecoins explored their harmonious coexistence, delving into regulatory nuances, stability and trust. The week culminated with a focus on cybersecurity priorities, positioning blockchain’s collective responsibility as pivotal for a secure digital future.
Identity management as part of trust building was a key conversation in Davos. Shirly Valge, our Chief of Growth, participated in a panel on Web3 and digital identity, highlighting user data control and fraud prevention. The recurring theme of infrastructure underscored blockchain’s foundational role in shaping the evolving Web3 landscape. Security, a constant thread, scrutinized Bitcoin mining, digital identity and the Web3 venture landscape, emphasizing the need for technology to balance scalability, usability, interoperability and digital security.
Beyond engagements, the Partisia Blockchain delegation held fruitful meetings with potential partners, resulting in letters of intent, collaborations and agreements.
In retrospect, Davos 2024 stands as a landmark event, revealing transformative themes that will undoubtedly shape the future of blockchain. From regulatory advancements to technological breakthroughs, the week served as a testament to the industry’s commitment to innovation and trust-building.
Read our daily wraps here: 15 January 2024, 16 January 2024, 17 January 2024, 18 January 2024, 19 January 2024
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Welcome to our rundown of the final day at Davos! We have had a packed schedule this week during the World Economic Forum (WEF). Over the last four days we have attended more than 45 sessions and events, launched our very own MOCCA (MPC On-Chain Custody Advanced) solution at a keynote address, and participated in a panel on cross-chain liquidity.
Without further ado, here are today’s themes and highlights:
Our Chief of Growth, Shirly Valge, took the stage. This time she featured on a panel on Web3 and digital identity (dID)—a topic very close to our hearts. Panelists touched on user data control, fraud, and compatibility issues between various eID, dID and SSI systems. Shirly highlighted our recent eID minimum viable product (MVP) for the Swiss government, a decentralized self-sovereign identity solution that uses multiparty computation (MPC) on the blockchain to enable data privacy, security, and control. The panel also highlighted the growing need for self-sovereign identities and the necessity for the governments to ensure the utmost security of individuals’ private data.
A main thread throughout today and during the entirety of Davos has been infrastructure. The sentiment was that, fundamentally, there must be a focus on infrastructure if we want to make transacting easier, cheaper, and more efficient in the Metaverse or Web3. With blockchain as the “pipes” and smart contracts to help direct traffic we have technology that can potentially serve multiple user needs—which brings us to the next theme.
Security was prominent today and in most sessions throughout the week, whether implicitly or explicitly. Today, it was security in Bitcoin mining, digital identity, and in the Web3 venture landscape. As an essential part of trust, a key theme of WEF, the feeling in Davos was more of a question: how can technology facilitate trust? To that end, discussions, both in sessions and in person, focused on solutions that specifically balance scalability, usability, interoperability with digital security and privacy.
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