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!