ZUG, 18 MARCH 2024. Partisia Blockchain has been informed by several exchanges, such as KuCoin, Bitfinex, Gate.io, MEXC, BitMart and Bitrue that they have opened deposits and the trading of Partisia Blockchain’s MPC token on their respective platforms will commence tomorrow or shortly after.
Renowned for its leadership in privacy-preserving, interoperable and sustainable blockchain solutions, Partisia Blockchain reaffirms its commitment to redefining security, trust, interoperability and reliability within the blockchain industry.
The decision by these exchanges to list Partisia Blockchain’s MPC token reflects their recognition of its unique value proposition. The MPC token is the foundation of Partisia Blockchain’s security architecture, guaranteeing the steadfastness and durability of our ecosystem as a whole. With its collateralization approach, it strengthens the network by allowing new nodes to be spun up. The simultaneous launch also underscores the token’s appeal to users prioritizing privacy and who seek active participation in shaping the future of Web 3.0.
Kurt Nielsen, President of the Partisia Blockchain, says:
“We are humbled to witness the overwhelming interest for the MPC token leading up to its launch, and we are pleased to have it on multiple exchanges. This listing reaffirms not only our position in the industry, but also the important role of our technology, which ensures trustless transaction safety without compromising on speed, scalability or interoperability. By enhancing the resilience of the blockchain ecosystem and empowering users to participate in shaping the future of the user-centric Web 3.0, the MPC token paves the way for transformative innovation.”
The collective endorsement from multiple exchanges serves as a testament to Partisia Blockchain’s prominent place within the blockchain sector, advancing not only blockchain technology, but also championing multiparty computation (MPC) technology, which enhances security in every digital transaction and realizes the Web 3.0 vision where the users are in control of their own data.
At the core of the MPC token lies the transformative MPC technology, pioneered 35 years ago by Partisia’s co-founder Professor Ivan Damgård. The MPC technology maintains data encryption in all states—ensuring the safety and usability of information while granting users complete control over their data—makes the MPC token unique, with privacy becoming all-too important in our digital present and future. The MPC token establishes a new benchmark for blockchain security, reinforcing confidence and dependability in every transaction.
In an era where privacy and security are paramount, the MPC token stands out as a beacon of trust and security, with privacy serving as its cornerstone. Within the digital assets industry, the MPC token functions as critical collateral and incentivizes active participation in network operations, with node operators reaping rewards in the form of transaction fees, Bring Your Own Coin (BYOC) and MPC ecosystem rewards.
The simultaneous listing of the MPC token on several exchanges represents a significant stride towards Partisia Blockchain’s vision of building a robust decentralized finance (DeFi) ecosystem, Web 3.0 infrastructure and privacy-focused networks. As users learn more about the MPC token and leverage its capabilities to drive innovation, Partisia Blockchain remains committed to pushing the boundaries of blockchain technology and fostering a future where privacy, security, and interoperability fosters the next level of inclusivity and collaboration.
The terms and conditions on purchasing MPC tokens are set forth by each exchange.
About Partisia Blockchain: Partisia Blockchain is the Web 3.0 public blockchain built for trust, transparency, privacy, and fast turnaround times. Its unique combination of advanced cryptographic techniques and distributed computing principles sets it apart. By leveraging secure multiparty computation (MPC), Partisia Blockchain ensures privacy preservation without sacrificing efficiency, speed or security. Each day since 1988, Partisia is paving the way for anyone to create blockchain solutions to solve real use cases and tomorrow’s challenges – for real people. Learn more: www.PartisiaBlockchain.com
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Hello, Partisia Blockchain enthusiasts!
We are pleased to announce an exciting community contest to celebrate the first exchange listings of $MPC. It is not just a celebration; it is a challenge that comes with rewards.
The challenge awaits.
We are calling on the traders, the streamers, the blockchain believers, and especially the early adopters who have been with us on this journey. The first three participants to post a live stream of themselves trading $MPC on any exchange will win a prize in $MPC tokens. Whether you are a seasoned trader or just starting out, this is your moment to shine and potentially earn some $MPC for your portfolio.
There are two ways you can participate.
Screenshot contest:
First 10 participants to post a valid screenshot of a trade will earn 100 $MPC each. Valid for each exchange that lists us within a one week period. Multiple entries per participant accepted.
Streaming to Parti.com:
Valid for each Exchange that lists us within a one week period. Multiple entries per participant accepted. The winners will be announced a week after the streaming ends.
Streaming to other platforms:
Valid for each Exchange that lists us within a one week period. Multiple entries per participant accepted. The winners will be announced a week after the streaming ends.
This contest is not just about winning prizes; it is a celebration of our community’s growth and the milestones we have achieved together. By participating, you are not just showcasing your trading prowess; you are also supporting the broader vision of Partisia Blockchain. It is a unique opportunity to be part of something bigger, to engage with like-minded individuals, and to help shape the future of decentralized trading and blockchain technology.
Ready, set, go!
We cannot wait to see your screenshots and live streams and share in the excitement of the first exchange listing of $MPC. Remember, it is not just about trading; it is about being part of a community that is pushing the boundaries of blockchain technology. Let’s make this contest a moment to remember.
Good luck to all participants. May the fastest traders win!
Happy trading,
Partisia Blockchain Community Team
ZUG, 13 MARCH 2024. Partisia Blockchain, a leader in privacy-preserving, interoperable and sustainable blockchain solutions, has been notified by multiple exchanges that they plan to list the MPC token. This pivotal development marks a significant milestone for the Partisia Blockchain ecosystem and reflects the growing recognition and demand for the MPC token within the broader blockchain industry.
The MPC token, named after the multiparty computation technology pioneered by Professor and co-founder of Partisia Ivan Damgård in 1988, serves as the cornerstone of the Partisia Blockchain, embodying a unique and revolutionary approach to blockchain technology. The MPC technology maintains data encryption in all possible states, safeguarding underlying information and giving users enhanced control over data. Unlike traditional digital assets, the MPC token plays a multifaceted role within the ecosystem, serving as essential collateral and incentivizing active participation in network operations.
At its core, the MPC token functions as the linchpin of the Partisia Blockchain’s security framework. As a fundamental component staked to all nodes within the network, the MPC token ensures the integrity and resilience of the entire ecosystem. Its innovative collateralization model sets a new standard for blockchain security, underpinning trust and reliability in every transaction conducted on the Partisia Blockchain.
Kurt Nielsen, President of the Partisia Blockchain, says:
“The listing of the MPC token on multiple exchanges represents a pivotal moment in our journey to redefine the landscape of blockchain technology. We are excited to expand the accessibility of the MPC token to a broader audience of contributors, developers, and enthusiasts, thereby unlocking new opportunities for growth and innovation within the Partisia Blockchain ecosystem.”
For users actively engaged in network operations, the MPC token offers a dual-purpose mechanism for participation and rewards. Node operators are not only rewarded with transaction fees in the form of Bring Your Own Coin (BYOC), such as ETH, USDC, USDT, BNB and MATIC, but also earn MPC ecosystem rewards, incentivizing ongoing contribution to the network’s robustness and security.
Furthermore, the Partisia Blockchain introduces an innovative staking mechanism, allowing participants to stake their MPC tokens in other nodes. This process not only enhances network security by adding layers of additional insurance and collateral but also democratizes the benefits of network participation, ensuring inclusivity and equity among all ecosystem participants.
The listing of the MPC token on multiple exchanges underscores Partisia Blockchain’s commitment to fostering a vibrant and dynamic ecosystem of decentralized innovation. As the demand for secure and scalable blockchain solutions continues to grow, the MPC token stands poised to lead the charge towards a more resilient and inclusive future for blockchain technology.
The exchanges set to announce the exact timing of the MPC token listing on their respective platforms.
About Partisia Blockchain: Partisia Blockchain is the Web 3.0 public blockchain built for trust, transparency, privacy, and fast turnaround times. Its unique combination of advanced cryptographic techniques and distributed computing principles sets it apart. By leveraging secure multiparty computation (MPC), Partisia Blockchain ensures privacy preservation without sacrificing efficiency, speed or security. Each day since 1988, Partisia is paving the way for anyone to create blockchain solutions to solve real use cases and tomorrow’s challenges – for real people. Learn more: www.PartisiaBlockchain.com
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TBILISI, 8 FEBRUARY 2024. Today, Partisia Blockchain, a leader in privacy-preserving, interoperable and sustainable blockchain solutions, achieved a significant milestone in advancing innovation by solidifying ties with Georgia’s Innovation and Technology Agency (GITA) under the Ministry of Economy and Sustainable Development. The signing of a Memorandum of Understanding in Tbilisi marks a pivotal moment in the ongoing efforts to promote innovation using multiparty computation (MPC) and blockchain technologies in Georgia.
The ceremony in the Caucasus nation’s capital follows the successful launch of Partisia Blockchain’s MPC On-Chain Custody Advanced solution (MOCCA) and discussions during the World Economic Forum in Davos about future endeavors with potential partners.
The signing ceremony in Tbilisi drew national state officials, Georgian blockchain industry players, students, Tbilisian press corps and the Partisia Blockchain delegation.
Brian Gallagher, Co-Founder of Partisia Blockchain, says:
“Today’s signing with GITA goes beyond paperwork. It signifies our commitment to driving innovation in Georgia and beyond. Our combined expertise in MPC and blockchain will bring new secure, transparent and decentralized solutions. This initiative exemplifies the power of combining expertise from the public and private sectors. Together, we will shape the future of blockchain technology, ensuring its responsible and widespread adoption.”
In this groundbreaking initiative, GITA and Partisia Blockchain are set to fuel innovation by working closely. GITA will provide crucial support for Partisia Blockchain’s involvement in Georgian blockchain and Web3 ecosystem. Simultaneously, Partisia Blockchain will lend its expertise to assess and contribute to projects in GITA programs, extending grants and technical support where needed.
Ensuring seamless communication, GITA will act as a bridge, fostering dialogue between Partisia Blockchain and various stakeholders, including the Georgian public and private sectors and academia.
Education is a cornerstone of this understanding. Partisia Blockchain will play a key role in shaping the minds of participants in GITA’s educational programs, contributing insights on MPC, homomorphic encryption and their integration with blockchain technology. This commitment to education reflects the shared vision of advancing technology while ensuring knowledge and understanding pave the way for a sustainable future.
Avtandil Kasradze, Chairperson of Georgia’s Innovation and Technology Agency, emphasized the significance of the understanding:
“GITA is excited to join forces with Partisia Blockchain. This understanding aligns with our mission to integrate cutting-edge technologies into various economic sectors, fostering innovation and ensuring a competitive edge for Georgia. By collaborating with industry leaders like Partisia Blockchain, GITA aims to propel Georgia to the forefront of technological innovation. We look forward to a fruitful understanding that will benefit our nation and the global technology community.”
Partisia Blockchain is committed to playing an active role in GITA’s initiatives, contributing meaningfully to the local and global blockchain conversation.
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 Georgia’s Innovation and Technology Agency (GITA): Georgia’s Innovation and Technology Agency (GITA) under the Ministry of Economy and Sustainable Development is dedicated to fostering innovation and technology. By prioritizing infrastructure development, opening technoparks and innovation centers, GITA aims to integrate cutting-edge technologies into all economic sectors. The state Agency focuses on increasing investment capital, engaging private businesses and enhancing research through effective processes. GITA’s commitment extends to widespread internet access, quality training, and incentives to drive innovation and technology development, ensuring a competitive edge. Learn more: www.gita.gov.ge
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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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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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Guest blog from Anton Glotser, CEO of DelNorte
DelNorte is digitizing, tokenizing and monetizing bureaucratic processes. In governments and corporations bureaucracy is often time consuming, cumbersome and in the worst cases prone to corruption. Many governments and some corporations are still using the millenia-old method of pen and paper for bureaucratic processes. Our partnership with Partisia will help us modernize that process.
DelNorte solves the problem of security, transparency, frequency, efficiency, scalability, fidelity and friction. By converting physical documents to digital and storing them on the blockchain we solve about 95% of the problems associated with traditional paperwork. Not only does this greatly improve quality and security of the data, but our solution provides an unfathomable amount of ancillary benefits. Having guaranteed and secure real time data associated with physical assets, such as real estate deeds on the blockchain, makes the assets represented by these smart tokens significantly more valuable.
Working with Partisia Blockchain offers several notable benefits both for us and our clients. Partisia Blockchain utilizes cutting-edge cryptographic techniques like secure multiparty computation (MPC) to ensure that sensitive data remains confidential even while being processed on the blockchain. It addresses scalability challenges by enabling efficient computation and data processing. As we occasionally get requests for a variety of blockchains, Partisia accommodates us with their interoperability across blockchains and systems. Also dealing with governments security is a top priority for us. Partisia utilizes advanced cryptographic techniques to protect data and transactions. The last important point is our ability with Partisia to mold a variety of regulations and customization to specific use cases and business requirements.
We have contracts for pilot projects in El Salvador, Mexico and Honduras. Our most advanced and tested project is in El Salvador. There we have live transactions and are now expanding to other services like digital signatures stored on chain, and a national expansion for tokenized deeds and titles.
We also have a product called Kasas.io, it is a real estate search engine and marketplace that allows anyone to buy, sell, rent or invest in whole property or fractions of real estate remotely and completely legally in all of Latin America. In the places where we have a direct link to the government we can even perform 100% digital remote real estate transactions for purchase or sale, with digital NFT deeds and titles issued virtually on chain and recognized by the government as official. You can hop on a plane and buy a house mid-flight, and by the time you land in that country (El Salvador at the moment), you will already own the house.
DelNorte stock is registered and we are currently raising US$2 million for 20% of the company to fuel our national and international growth. We are in the process of expanding to about a dozen countries in Latin America but also into parts of the USA. We are expanding our tech stack and our private sector operations for automated real estate transactions. If you are interested in learning more about us or investing, please check us out on all social media at https://delnorte.io or for questions about investment email us at ag@delnorte.io
Trust, the cornerstone of any relationship, holds profound significance in our interconnected world. Whether it be interpersonal, inter-corporate, or even between governments, trust is the linchpin upon which successful relationships are built. Partisia Blockchain, in its essence, is a catalyst for redefining trust in the digital realm.
“The art of enabling trust within an inherently untrusting environment.”
But how does Partisia Blockchain achieve this monumental feat?
The importance of trust is a concept we can all readily grasp. Yet, the question arises – what facilitates trust among entities? A critical factor in this equation is privacy. Trust cannot manifest in a realm of complete anonymity. However, it also cannot thrive in a domain of absolute transparency. The sweet spot lies in a harmonious blend of both, where transparency and privacy coexist to cultivate trust.
Consider a simple scenario: applying for a credit card. A bank, to grant you this privilege, requires crucial information about you – your identity, income, contact details, and credit history. These details are essential for the bank to extend its trust in you. However, if you knew that these details would be made public, including your transaction history, your willingness to apply for that credit card would understandably wane.
Upon closer examination, it becomes clear that privacy is the very bedrock upon which trust is constructed.
In our credit card example, you enter a trusted environment where you bestow your trust upon the credit card company to safeguard your personal data. The company is, of course, bound by its business model to keep the sanctity of this trust. However, there is an underlying vulnerability here – data breaches, unauthorized sales, or inadvertent data exposure. These are potential avenues through which your trust can be shattered. In such cases, you are placing trust in the environment.
On the other hand, a trustless environment requires no implicit trust in any single entity but still manages to perform necessary functions seamlessly. Enter the decentralized blockchain, a prime example of an environment where trust in an entity is unnecessary. Here, blocks are formed, and information is inscribed on the ledger without a single entity having dominion over the system. The laws of physics exemplify another trustless environment – they exist without needing trust because the system is transparent, having been measured and documented, and accessible to all for independent confirmation.
Partisia Blockchain ingeniously fuses these concepts to tackle the trust predicament. It enables two entities to work together within a trusted framework, devoid of any single entity’s control. The synergy of multiparty computation (MPC) and blockchain technology underpins this innovation.
MPC, a revolutionary technology, permits the computation of confidential data. It functions as an encryption technology, allowing input values to remain hidden while still computing answers. It empowers us to calculate the sum of 2 and 3 without revealing the original values. Envisaged in the late 1970s and officially introduced in 1988, MPC boasts an illustrious history, with over a thousand research papers and 15 years of practical implementation.
In parallel, blockchain, the other keystone of Partisia Blockchain, has been redefined to its very core. Through our distinctive BYOC tokenomics principles and an infinitely scalable architecture, we make trust in a trustless environment a reality for all – not just for those building on our platform.
By converging these two technologies, Partisia Blockchain democratizes trust within a trustless domain. This manifests as a wealth of opportunities: companies collaborating without exposing their confidential data, creating equitable, private, and accurate voting systems, returning control of data to users, and enabling monetization of data. In the heart of Partisia Blockchain’s mission lies the potential to revolutionize business models and unveil novel value propositions.
At Partisia Blockchain, our journey is guided by over 35 years of relentless dedication to encryption technology. Our Chief Cryptographer, Ivan Damgård, the mastermind behind the Merkle–Damgård Construct, which underpins renowned hash algorithms like MD5, SHA-1, and SHA-2. His groundbreaking work in the 1980s laid the foundation for secure multiparty computation (sMPC), and today, this profound expertise empowers us to champion the most advanced sMPC protocol globally.
Our mission is to redefine the very essence of trust, forging a fresh perspective on how data is employed. To bring this vision to life, we had to excel not only in sMPC but also reimagine the architecture of public blockchains.
Secure multiparty computation is an encryption marvel that permits data computation without revealing the underlying data itself. Imagine a sophisticated dance of algorithms that enables outcomes like auctions, data analysis, voting, surveys, and random number generation without divulging the precious data within.
The blockchain ecosystem grapples with two pressing challenges: interoperability and scalability. From an interoperability standpoint, every blockchain acts as a unique asset class, fueling a competitive zero-sum game mentality. Each Layer 1 blockchain claims supremacy, leading to a winner-takes-all narrative. Furthermore, users are bound to a specific blockchain, having to acquire and use that particular token as an entry ticket, reminiscent of an amusement park experience.
On the scalability front, the single-database nature of blockchains poses hurdles related to both scalability and transaction speed. Overloaded blockchains often suffer from delayed transaction confirmations and a lack of real-time efficiency.
To fulfill our visionary goals, we realized the need for a groundbreaking re-architecture of blockchain technology.
In an environment where blockchain networks resemble amusement parks, we introduce a paradigm shift. Rather than being confined to one park’s rides, our mission is to let anyone access our innovations, irrespective of their token holdings. We have engineered a system that embraces tokens with liquidity, allowing them to serve as transaction payments within our ecosystem. Our BYOC tokenomics foster a vibrant ecosystem where different token types can facilitate transactions, ensuring all users can harness our sMPC technology. Our native MPC token, in turn, bolsters our blockchain’s security, as node operators stake their tokens as collateral, safeguarding our network.
Traditional blockchains grapple with scalability issues, impeding real-time finalization and usability during high traffic. Partisia Blockchain confronts this challenge head-on by adopting a revolutionary approach. We have re-engineered the traditional method, enabling horizontal scaling and boasting a rapid .3-second finalization time in normal conditions. Our network comprises multiple blockchains, each autonomously producing blocks, creating an unparalleled scalability model. Moreover, our unique BFT consensus mechanism ensures “speed of light” finalization. For in-depth insights into this architecture, refer to our yellow paper.
These distinctive attributes empower you to craft pioneering solutions that revolve around trust. We extend an invitation to all those seeking to enhance trust and privacy within their applications. Reach out to us, and let’s explore unique solutions to your challenges. Together, we can reshape the digital landscape and usher in a new era of trust.
In the ever-evolving landscape of regulations, a multitude of rules and safeguards has emerged, from antitrust laws to data protection rights, designed to uphold ethical standards and protect individuals from exploitation in a rapidly changing world. However, the blockchain industry, despite its transformative potential, faces a notable gap in regulatory compliance and ethical conduct, owing to its inherent transparency and anonymity.
Partisia Blockchain emerges as the vanguard of change, offering innovative solutions that bridge this gap and establish a new paradigm of integrity in business.
Illustrating GDPR compliance
One of the most prominent and far-reaching regulations in the realm of data privacy is the European Union’s General Data Protection Regulation (GDPR). GDPR, along with similar laws worldwide, dictates the governance of personal and sensitive data, with a key requirement that such data remains within a specific geographical region. This presents a formidable challenge for traditional blockchains, given their inherent transparency and the global distribution of nodes.
Partisia Blockchain, however, is uniquely attuned to regulatory requirements. We have introduced a pioneering feature known as “jurisdiction management” into our system. This remarkable capability empowers users to designate data that must remain within nodes situated in a specific jurisdiction. By leveraging secure multiparty computation (MPC), developers can selectively privatize data, ensuring compliance with stringent data privacy laws while preserving the integrity of the blockchain.
In the realm of corporate governance and shareholder meetings, stringent rules exist to ensure the fairness and impartiality of votes. Maintaining the confidentiality of individual votes is paramount. However, traditional blockchain voting mechanisms, as seen in decentralized autonomous organizations (DAOs), suffer from complete transparency, making it challenging to protect voter privacy. Existing techniques to privatize votes often stumble due to scalability constraints or the inadvertent revelation of votes after the tally.
Partisia Blockchain introduces a game-changing solution through secure MPC, allowing computation of vote results without disclosing the specifics of individual votes on the blockchain. This innovative approach guarantees an immutable voting record, upholding the highest securities standards while preserving voter anonymity. It is a trustless system that harmonizes blockchain technology with compliance, setting new standards for ethical conduct.
Partisia Blockchain stands as the vanguard of a revolution in the blockchain industry, where privacy and compliance are not just buzzwords, but integral components of the ecosystem. Our solutions transcend the limitations of transparency and anonymity, offering a bridge to ethical and regulatory compliance.
In this rapidly evolving business landscape, where rules and regulations shape the playing field, trust in blockchain technology is not just a vision; it is a reality. Embrace Partisia Blockchain, and unlock the future of ethical, compliant, and privacy-respecting business practices. It is time to redefine the rules and raise the standard of ethical conduct in your organization.
ZUG, 24 OCTOBER 2023. Partisia Blockchain appoints Mathias Glintborg as Senior Technical Program Manager. In this key post, Mathias will spearhead the oversight and coordination of adoption activities, with a primary focus on secure multiparty computation (MPC) and blockchain solutions for DeFi, data sharing, digital identity and more. His responsibilities also extend to providing advice on design and architecture to the builders on our chain.
Mathias brings a wealth of experience in the blockchain industry to his new role. Before joining Partisia Blockchain, he served as the Chief Technology Officer at canow in Tokyo. His contributions in his previous job were instrumental in defining the feasible technical scope, assembling tech teams, designing architecture and delivering cutting-edge blockchain infrastructure and associated services and products. Additionally, he founded and operated his consulting company in Shanghai, specializing in artificial intelligence (AI) and blockchain solutions, and collaborated with notable clients, such as Chiheal Biomed and OpenOcean.
In his current capacity, Mathias oversees the effective planning, execution, monitoring, and delivery of multiple adoption projects. His role is crucial in collaboration among cross-functional teams, ensuring seamless and efficient execution of activities, and maintaining project alignment for successful realization of goals. Mathias is tasked with establishing a robust KPI framework for project management, diligently tracking activities and progress across each project to guarantee their successful delivery. Furthermore, he manages adoption projects from inception to implementation, providing post-implementation support for sustained success.
Peter Frandsen, Chief Technology Officer at Partisia Blockchain, says: “With Mathias taking the reins of our technical program management, I have great expectations for Partisia Blockchain’s future. His impressive background in blockchain, coupled with his leadership acumen, promises to drive innovation and excellence. Mathias’s rich global experience uniquely situates him as a bridge connecting diverse markets and cultures. Together, we are poised to not only meet our objectives but also establish pioneering industry benchmarks, significantly influencing the trajectory of blockchain technology.”
Mathias spent nearly a decade in Asia, namely China and Japan, before joining Partisia Blockchain. His career included both technical and commercial roles, engaging with cutting-edge technologies, such as AI and blockchain, for various startups and enterprises. His distinctive experience at the intersection of business and technology uniquely qualifies him as a valuable asset in Partisia Blockchain’s adoption strategy. His expertise aligns with the organization’s vision, where individuals who can bridge the gap between business and technology drive projects to mainnet implementations, resulting in tangible achievements for Partisia Blockchain.
Mathias holds a Bachelor’s degree in Engineering from the Aarhus University (Denmark) and a Master’s degree in International Business from the Hult International Business School (USA and China). Hailing from Denmark, he also boasts credentials in big data, analytics, data science, AI.
Partisia Blockchain is excited to have Mathias Glintborg as Senior Technical Program Manager and looks forward to his contributions to our continued growth and success. His appointment marks a notable milestone in our journey toward achieving ambitious goals and sustaining our position as a frontrunner in the blockchain industry.
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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We are pleased to announce that KYC for becoming node operators is now live! As mentioned on our recent AMA, KYC for registering as a node operator has been launched and functioning.
While KYB for registering as a node operator has been live, KYC has been in the works for a while now. After a few hurdles, we are happy to announce that registration for individuals is now available, allowing non business entities to become block producers.
To begin your journey to becoming a node operator, please start here.
If you already have set up your node and just waiting for running through the KYC process, the instructions are here.
In all blockchains, node operators are running their nodes to operate and secure the network. And the compensation model of the blockchain allows node operators to get compensated for maintaining/operating the protocol. On Partisia Blockchain the compensation is a mix of BYOC fees and rewards in MPC tokens. Rewards come from the ecosystem pool used to bootstrap the operation of the network.
Currently the distribution of rewards is the same for staking directly by a node operator account as for any other account that delegates staking to a node operator. On the other hand, node operators receive all BYOC fees. However, at this early stage of the network the main compensation as node operator is the rewards. Hence, to make the total compensation more fair to the node operators operating the network the following adjustment will be put up for voting among node operators: 2% of the rewards gained by delegated staking to be distributed to the node operators that they are staking to. This will allow a fairer staking rewards system where the node operators running the system will be compensated by the community stakers for providing the computing power to stake their tokens to and receive rewards.
A simple example for a community staker would be if the reward for your current period was 100 MPC tokens, during the rewards computation, 2 MPC tokens will be sent to the node you are staking to, and you will receive 98 MPC tokens. This will fairly compensate the node operator for operating the blockchain you are staking to receive your reward.
If you are a node operator, you will receive 2% of all the staking reward your node account generated for all the community stakers you are supporting.
As this is a governance matter for the chain, the proposal will be put to a vote for the block producing node operators to decide on. We suggest for those who are staking, that you reach out to your respective node operators and voice your thoughts with them directly. If passed, this will be implemented as a part of the Q6 reward cycle and subsequent cycles going forward.
We hope this will help create a more fair rewards distribution as well as promote node operators to continue to promote their nodes to the community to stake to.
Thank you for your continued support!
ZUG, 18 SEPTEMBER 2023. Partisia Blockchain is proud to announce the launch of a pioneering integration with MetaMask, the leading self-custody Web3 platform developed by Consensys, opening untapped opportunities for more than 100 million users. With the introduction of MetaMask Snaps, a transformative enhancement for users, we are poised to revolutionize the world of decentralized applications.
Snaps opens a new realm of possibilities for Partisia Blockchain users by leveraging MetaMask’s trusted functionality. The initial Snap integration brings MetaMask signing to Partisia Blockchain users, and opens up an array of innovative programmable features and functionalities within their wallets. After a meticulous selection process, Partisia Blockchain was selected by MetaMask based on the Snaps integration work done by our developer team. The Snaps is set to elevate the user experience, focusing on transaction insights, interoperability with non-EVM blockchains, and notifications, offering users unprecedented control and customization.
In 2022, MetaMask surpassed 100 million users. The launch of Partisia Blockchain Snaps marks a significant milestone as millions of MetaMask users can tap onto our innovation. Each Snap selected by Consensys has undergone rigorous security audits and has been thoughtfully integrated into MetaMask’s allowlist, ensuring a secure and seamless experience for users.
Kurt Nielsen, President of the Partisia Blockchain Foundation, says: “The major driver behind the Partisia Blockchain project is the disruption of data as we know it. With the MPC-as-a-Service built directly into the Partisia Blockchain, any service on the internet can build the next generation of privacy-preserving advertisement, searching or matching services without touching the users’ data. This is a tremendous opportunity, and a large part of the motivation for building the Partisia Blockchain in the first place. While the Partisia Blockchain network is ready, we need to bring in the users of the internet and activate the users’ private data. This is the next major step and why the integration with MetaMask is a major step forward.”
The benefit of the first Snaps iteration is the ease of using MetaMask for transaction signing. It will enable users, which also use other blockchains, to employ a single trusted wallet across chains and remove friction. The ease of cross-blockchain solutions — such as bring your own coin (BYOC) and MPC-as-a-service — will be significantly more user-friendly. In the future, the Partisia Blockchain MetaMask Snap will offer more features helping users secure their confidential personal data by employing MPC technology.
The Partisia MetaMask Snaps will enable developers building on Partisia Blockchain to integrate MetaMask as the signing solution into their own dApps and establish a direct connection with their users. In the long run, users will reap the benefits of the convenience and versatility offered by Partisia Blockchain Snaps, tailored to various use cases and compatible with multiple protocols.
Kurt Nielsen continues: “The Snaps that come with MetaMask allow us to build security solutions that safely and privately bring the more than 100 million users’ data into Partisia Blockchain and the next iteration of the internet — an evolution where technology returns control and privacy to the users of the internet.”
Christian Montoya, Product Lead for MetaMask Snaps, emphasizes the importance of permissionless innovation within a decentralized system: “We believe that permissionless innovation is a cornerstone of a decentralized system — no gatekeepers. Innovation thrives at the pace of the network, not just within an individual development team at Consensys.”
For more information, please click here.
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 Consensys: Consensys is the leading blockchain and Web3 software company. Since 2014, Consensys has been at the forefront of innovation, pioneering technological developments within the Web3 ecosystem. Through our product suite, we have become the trusted collaborator for users, creators, and developers on their path to build and belong in the world they want to see. Whether building a dApp, an NFT collection, a portfolio, or a better future, the instinct to build is universal. Consensys inspires and champions the builder instinct in everyone by making web3 universally easy to use and develop on. To explore our products and solutions, visit https://consensys.io
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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In this category you can explore how to create your own smart contract. The specifications behind smart contracts. How to compile and deploy smart contracts on the testnet and mainnet and what zero knowledge smart contracts are. If you are in need of help when developing smart contracts, we recommend you visit our support page or join the active community
Nodes are the computers in the blockchain network. They perform services for the users of the blockchain, first and foremost they facilitate the transactions that happens on the blockchain. From the transaction costs paid by users, the node operator can make revenue. PBC has four types of nodes:
If you want to be a node operator you are required to have a stake in the network. A stake is basically a deposit strengthening the security and user confidence of the network. The stake means that the node operator has something to lose should they try to cheat or damage the network. Staking requires that the node operator buys the required stake of MPC tokens. Services have a hierarchy of cost and security as well as payment. Therefore, higher paid services require a higher stake. To acquire MPC tokens go through this contact page.
The current stake requirements are:
The machine
In addition to the stake you need a computer to run the node. Most node operators rent a server, but some keep the machine running the node in their own home. Machine requirements are detailed in the Recommended hardware and software section.
The keys
When a block of transactions is validated, the node signs off on it with a unique digital signature. The signature is created with the node owner’s private key. The signature is verifiable from the public version of the signing key. The different keys play different roles. One keypair references your account with the stake, another refers to your identity on the network and in the PBC internal register. A full description of the keys you will need can be found in this section.
The skills
Setting up the node requires some technical skills. You need to be able to configure and run your node, or alternatively pay someone you trust to help you with the setup and upkeep of the node.
Onboarding
If you want to run a node, please join our community. We would like to offer you the best possible support and be able to notify you in case we or community members register a problem with your node. We also send you news of relevant updates for example when node operators can support deposit or withdrawal of a new coin on the chain (oracle service). Node operators will also be alerted to upcoming votes on vital updates.
The following guide has 10 parts. If you do the steps of the guide in order, you should know how to set up your node correctly, before you commit your stake. In other words, you can find out if you have the skills and patience for running a block producing node, before you tie your stake to the performance of the node.
As explained in our BYOC documentation, Partisia Blockchain (PBC) has a multi-chain solution where gas for transaction in PBC is paid using external coins. To help developers add additional tokens into the chain, we have a framework that allows anyone who meets the requirements to add other tokens as a bridgeable asset and include them into the payment system. This document’s aim is to provide instructions on how you can add other tokens into the Partisia Blockchain ecosystem.
Currently the framework supports any tokens that run under Ethereum, Polygon or BNB chain. As other L1 chains get added, other tokens will become available under the BYOC Framework.
In the coming weeks we will provide additional guides and videos to walk you through the process, for both the node operators and the proposer. We hope this article will help you begin to consider what tokens you would like to onboard as payment.
We are proud to introduce to the community one of our major roadmap items, the BYOC framework.
Interoperability and decentralization is one of our core values of our blockchain and one of our goals is to enable anyone to harness the capabilities of MPC. This is why our BYOC architecture was created in the first place, allowing the onboarding of any liquid assets to be usable as transaction fees (gas) on our blockchain.
Until now the foundation has proposed and enabled the onboarding of ETH, Polygon USDC and BNB as forms of payment. But our long term goal always was to allow for the community to make decisions on what tokens should be enabled on our chain.
The BYOC framework will now allow for the community to propose any tokens running on the Ethereum, BNB or Polygon chains to be usable as gas payment. The proposal then will go to our validators who will then make the final vote on whether or not to onboard the token as form of payment on Partisia Blockchain.
In the coming days we will share additional details and instructions on how the community can create a proposal for a token to be enabled on Partisia Blockchain. The foundation will initially start by submitting proposals to enable both USDT and MATIC tokens, and create detailed instruction guides using these two tokens as templates to help guide the community to onboard other tokens of their choice.
We are very excited to introduce this new feature and looking forward to seeing other great tokens being introduced by the community into our bridge.
August has been a busy month of success! Let’s dive into this month’s Partisia Blockchain update, exploring various industries to showcase the flexibility and transformative potential of blockchain and multiparty computation (MPC). From revolutionizing government processes with transparency and security to redefining data-sharing in marketing and advertising, while prioritizing privacy, our solutions continue to drive innovation.
The healthcare sector witnesses privacy-preserved collaboration and supply chain efficiency, while logistics embraces streamlined supply chain management through blockchain and MPC integration. In the community sphere, we have explored Self-Sovereign Identity’s (SSI) elevated privacy with MPC and tackled GDPR compliance through anonymization. The spotlight on Privacy Enhancing Technologies (PETs) broadened our understanding of blockchain possibilities. We hosted an insightful MPC Advantages Q&A session, and our dynamic community engaged in a Web3 marketing discussion — Hivemind Huddles.
Technical advancements include operational smart contracts for DID and verifiable credentials, BYOC framework deployment, and browser updates. As we power ahead, we eagerly anticipate unveiling the BYOC framework in more detail and introducing even more streamlined management features. Stay updated with another month of innovation and progress!
In this month’s recap, we have explored our Industry Spotlight and how Partisia Blockchain’s solutions benefit diverse sectors, including Government, Marketing and Advertising, Healthcare and Logistics. Our journey through these industries showcases the versatile applications of blockchain and Multiparty Computation (MPC), each tailored to address specific challenges while upholding privacy, security and efficiency.
Within the domain of government, Partisia Blockchain envisions transformative solutions that embrace the principles of transparency, security and efficiency. By harnessing the power of blockchain and multiparty computation (MPC), bureaucratic processes can be streamlined while maintaining the confidentiality of sensitive information. Initiatives, such as DelNorte and E-Trusty, exemplify how blockchain can enhance trust in public institutions, create transparency in public tenders, and uphold privacy in CBDCs and blockchain-based voting systems.
In the dynamic landscape of marketing and advertising, Partisia Blockchain revolutionizes data-sharing models. With our privacy-first approach and secure MPC technology, users gain ownership and control over their data. The combination of blockchain and MPC empowers data analytics companies to compute on encrypted data without compromising its privacy, rewarding users for data contribution, ensuring real-time data access, and maintaining transparency. Partisia Blockchain bridges the gap between consumer privacy concerns and data-driven marketing strategies.
In the domain of healthcare, Partisia Blockchain leads the charge in preserving privacy while fostering collaboration and innovation. Our MPC technology introduces secure data analysis without exposing raw information. In the realm of DNA sequencing, Partisia Blockchain ensures the security of genetic data. In clinical research, MPC empowers cross-institutional studies while safeguarding patient privacy. Supply chain management witnesses a transformation, enabling stakeholders to manage complex supply networks without revealing proprietary information. In clinical trial recruitment, MPC facilitates efficient participant matching while upholding data security and privacy. Partisia Blockchain redefines healthcare through the lens of privacy, security, and collaboration.
Lastly, we explored the impact of our solution on the logistics industry, envisioning a streamlined future where blockchain and multiparty computation (MPC) converge to enhance supply chain management. By integrating QR codes with tokenized product representations, we facilitated instant information access and reduced confusion. Blockchain’s transparent touchpoints improved logistics and supply chain transparency, while smart contracts automated processes and adapted to evolving documentation requirements. In the realm of quality assurance, we harnessed MPC and blockchain to digitize supply chains, ensuring privacy preservation and selective data access. Our solutions streamline documentation, upheld compliance with GxP regulations, and heighten efficiency throughout the supply chain, ultimately paving the way for a resilient and transparent industry transformation.
In this month’s community update, we highlighted the transformative impact of Self-Sovereign Identity (SSI) and Digital ID solutions within today’s dynamic data landscape. Partisia Blockchain’s MPC technology introduces an innovative dimension to SSI, elevating privacy levels and unveiling novel business models. Crucial to the foundation of digital identity, Decentralized Identifiers (DIDs) and verifiable credentials empowered users with data control capabilities. Expanding the horizons of SSI, multiparty computation (MPC) enabled confidential data analytics and versatile multi-functional applications.
Additionally, Partisia Blockchain discovered its vital role in facilitating GDPR compliance through the strategic application of multiparty computation (MPC) technology. The utilization of MPC ensured the anonymization of personal data, allowing for uninterrupted data collection while maintaining privacy. This decentralized MPC approach elevates data security and control, in alignment with the access and erasure rights mandated by GDPR. Additionally, our groundbreaking jurisdiction management v1.0 provides an innovative solution for geographically aligned data processing, effectively safeguarding data rights and privacy. As the significance of data privacy continues to grow, Partisia Blockchain remains at the forefront, pioneering technological solutions that enhance privacy, security, and adherence to regulatory standards.
Continuing our exploration of innovative developments, this month, we delved into Privacy Enhancing Technologies (PETs) and their impact on the blockchain landscape. At the core of any blockchain lies the concept of consensus without reliance on a central authority. Programmable blockchains have opened the door to a realm of possibilities, with applications categorized into three types: public input-public output, private input-public output, and private input-private output.
To provide a better understanding of the topic, we held a special MPC Advantages Q&A session, featuring Partisia Blockchain’s Principal Architect Emil Orloff, Cryptographic Scientist Anders Dalskov, and Head of Developer Relations Bruce Ahn. This insightful session delved into what MPC is, and how we differ from other privacy and MPC-based blockchains. To learn more about this topic and where Partisia Blockchain fits in, check out our blog post and comparison chart here.
On 10 August 2023, our vibrant community came together once again for an engaging Hivemind Huddle. This interactive session delved into the realm of Web3 marketing, exploring both the broader landscape and Partisia Blockchain’s unique strategies. Our conversation spanned across past successes like PR efforts, conferences, and media coverage, while also delving into intriguing future prospects (without divulging specifics). It was a great conversation where the community contributed with great ideas, some of which will be directly implemented through the Ambassador Program.
DelNorte, the latest project integrated into the Partisia Blockchain ecosystem, achieved a significant milestone in the past week. It successfully completed the initial transactions for its inaugural real estate deed pilot project, in collaboration with the El Salvadoran government. Additionally, DelNorte has three more pilot projects in the pipeline, each partnering with different governments. This achievement marks a crucial step forward, with El Salvador’s participation serving as the pioneering proof of concept for these initiatives.
Veric has achieved significant advancements, successfully implementing fully operational smart contracts for DID and verifiable credentials on the testnet. The team is currently enhancing privacy features and making necessary preparations for the upcoming mainnet launch, including the facilitation of user onboarding processes.
Progress is being made to our next BYOC asset, Cardano’s ADA token. Currently work is ongoing and we hope to introduce ADA as a BYOC asset in the future.
We increased the number of leads for partnership in the month of August. We are busy working through them and akin to the two we mentioned above, we hope to continue this trend and be able to show the continued interest on our chain.
We deployed the code to support one of our flagship roadmap items, the BYOC framework. Soon we will introduce this feature in more detail with instructions on how you can submit a token to be a bridgeable asset in Partisia Blockchain.
We have also been busy with updates to our browser to include transaction details, indexing and the ability to deploy contracts. Work is not done however and we will continue to push updates to both migrate functionality currently in the dashboard as well as other key features and functions to ease management of your tokens.
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