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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From forging strategic partnerships at ETHDenver to launching our highly anticipated 25 million $MPC AirDrop program, the shortest month of the year has been a whirlwind of excitement and growth for Partisia Blockchain. We solidified ties with Georgia’s Innovation and Technology Agency, ventured into new realms with TeraBlock and Verida through engaging AMAs, celebrated the ingenuity of our hackathon winners, and embarked on a mission to empower Rust developers with TinTinLand. With fast track grants, educational initiatives, and a thriving community, we are ready for even greater success ahead. Thanks to our incredible community for your unwavering support – let’s make Q1 unforgettable!
In early February 2024, Partisia Blockchain 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. 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.
ETHDenver was a platform for new partnerships, expanding our horizons and widening the reach of our unique technology. Trustswap, a provider of decentralized finance tools for token holders and Web3 businesses, is integrating Partisia Blockchain into their Crypto App, expanding MPC accessibility to 5 million users. Partisia Blockchain also partnered with Sierra Block Games, Web3 development, consulting and educational services organization, for validator services and adoption support. We will also collaborate with IoTex to realize the Decentralized Physical Infrastructure Network (DePIN), safeguarding users’ IoT data ownership and monetization while rewarding data use without exposing confidential details. Together, they aim to protect users’ private IoT data and enable its secure utilization.
We were thrilled to launch our first official AirDrop on 1 February, marking a significant milestone for ecosystem adoption. With the governance vote for MPC token transferability looming, this AirDrop underscored Partisia Blockchain’s vision. Boasting an impressive pool of 25 million $MPC tokens, it offered unparalleled opportunities for early adopters. The first tranche kick started ecosystem expansion. Participants gained firsthand experience with leading MPC and blockchain technology, secured the network, and explored innovative dApps. As we geared up for MPC token listing, this AirDrop invigorated the ecosystem.
We were thrilled to see our AirDrop program resonate strongly with the community, especially given the impressive growth in our ecosystem. Since its inception, our ecosystem has witnessed remarkable progress:
These statistics underscore the growing momentum and enthusiasm within our community, and we have you to thank. Detailed participation information can be found on our official AirDrop page.
We launched our fast track grants in February 2024. These grants are geared toward developers planning to build something smaller in nature, and does not have to be geared toward building a business. We will pursue developers who wish to contribute to the community by building examples, PoC, and tools. For more information about our Grants Program, click here.
On 14 February, we held the second AMA with the up and coming cross-chain decentralized exchange TeraBlock. This time around we invited TeraBlock’s Shivam Tandon, Founder and CEO, and Muhammad Ali, Chief Commercial Officer, to provide insights from a non-developer’s perspective, on why Terablock is a game changer for DeFi, powered by the Partisia Blockchain. On 22 February, we held a dual AMA with ecosystem partner Verida. Mathias Glintborg, our Head of Product, and Chris Were, CEO of Verida, both introduced the projects to each other’s community, its use cases and technological achievements. An excellent primer for both data on decentralized Identity for Web3 (Verida) as well as multiparty computation.
Our Building Privacy in Web3 Hackathon concluded with a bang. We announced six winners, all projects that showcase our unique capabilities. From random number generations to supply chain management to zero-knowledge games, developers came out to really showcase their talent and show us how our amazing technology can be used. We will be continuing to work with them to bring them into the mainstream.
Partisia Blockchain and TinTinLand are set to launch a learning program aimed at attracting more Rust developers to our ecosystem. Currently, only 22,000 out of 30 million global developers are engaged in Web3. The collaboration aims to scale the developer ecosystem and unlock the Chinese developer community, attract new Rust developers from China, organize hackathons, workshops, and developer meetups, and promote our Grants Program. Together, we hope to expand developer engagement and foster growth within our ecosystem, particularly in China.
Thanks again to our amazing community for your dedicated support, we look forward to an exciting end to Q1 next month.
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Last week, the Partisia Blockchain team journeyed to Georgia, a land rich in cultural heritage as the birthplace of wine and now at the forefront of blockchain innovation. Here is a short recap of our fruitful trip.
Last Thursday marked a milestone as Partisia Blockchain formalized its collaboration with the Georgian Innovation and Technology Agency (GITA) through the signing of a Memorandum of Understanding (MoU). This pivotal agreement with GITA under the Ministry of Economy and Sustainable Development sets the stage for collaborative efforts aimed at driving advancements in Web3 technology, both within Georgia and the wider Caucasus. By leveraging their combined expertise and resources, Partisia Blockchain and GITA will explore innovative solutions and applications of blockchain technology, fostering joint support for innovative projects, educational initiatives and frameworks for implementation. This collaboration signifies a commitment to shaping the digital transformation landscape, contributing to economic growth, innovation and societal development in Georgia and beyond.
Our team had the pleasure of meeting with members of the Georgian Web 3.0 community, where we showcased the transformative potential of Partisia Blockchain and multiparty computation (MPC) technology, our latest MOCCA solution and a range of other advantages of MPC. Additionally, we introduced our Grants Program aimed at fostering innovation in the Caucasus. In Tbilisi, we were treated to an exclusive demo of the Nova Miningverse video game, a tangible showcase of Partisia Blockchain’s capabilities. This was followed by an informal meeting with the team behind the game.
Last Friday began with a meeting with Razhden Kuprashvili, Head of the Georgian Anti-Corruption Bureau and his team at the Administration of the Government of Georgia. We discussed the potential of MPC and blockchain technology in combating corruption. Later, we exchanged ideas with entrepreneur Vako Turnava at the offices of his companies Sweeft and Skillwill. Conversations revolved around the various applications of MPC and privacy-enhancing technologies, emphasizing the importance of education and training.
This trip showcased the possibilities of blockchain technology and strengthened our commitment to driving positive change in Georgia and beyond. Stay tuned for updates as we continue to push the boundaries of innovation and collaboration in the world of Web 3.0.
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