Guest blog by Vilma Catani and Radu Pavel, Co-founders of Monadi.
Monadi is a platform for managing sustainability data and reporting in compliance with the Corporate Sustainability Reporting Directive (CSRD). This EU-imposed regulation mandates companies to disclose information regarding their Environmental, Social, and Governance (ESG) impacts. With the CSRD set to come into effect in 2024, approximately 50,000 companies in the European Union will be obligated to report their ESG data. Monadi aims to simplify and streamline this process while also leveraging the business opportunities it presents.
Sustainability reporting requires management of a vast amount of data, which is a complex task. Firstly, sustainability data is often scattered throughout various departments and external sources within an organisation. Monadi aims to consolidate all of this data into a unified platform. Secondly, the timeline for achieving sustainability goals can extend for several decades, even as far as 2050. We want to be the go-to solution for managing both short-term and long-term sustainability goals.
Monadi has chosen Partisia Blockchain to help ensure safe, credible, and transparent management of data, enabling comparable results across organisations. Leveraging systems like Multi Party Computing and Zero-Knowledge proofs, Partisia Blockchain offers solutions for data transparency, credibility, and encryption. Given the sensitivity of sustainability data, many companies are reluctant to share it. However, the highly secure solutions offered by Partisia Blockchain provide a game-changing approach for ensuring data protection and privacy.
The Minimum Viable Product (MVP) is expected to be released by the end of this summer, offering the public access to the first use case: “Male-female pay gap” which adheres to the European Sustainability Reporting Standards and utilises Partisia’s Multi Party Computing (MPC) capabilities to privately collect and calculate the pay gap data between genders within the organisations, which is then added on-chain. The platform also provides dashboards and other features to monitor progress and generate reports ready for CSRD reporting.
In summary, Monadi is an innovative platform for management and reporting of sustainability data for companies operating under the CSRD. By leveraging Partisia Blockchain’s technologies and ensuring data privacy, Monadi offers a solution that simplifies compliance and empowers organisations to progress towards their sustainability goals.
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Website and social channels coming soon…
May was packed with exciting updates and announcements in the Partisia Blockchain ecosystem. We showcased our groundbreaking Random Number Generation (RNG) solution, highlighted impressive projects building on our platform, and launched Parti.com, an innovative launchpad for creators. We extend our thanks to the node operators and community members who participated in voting and congratulate Professor Ivan Damgård for receiving the prestigious Dijkstra Prize.
We also had the privilege of participating in the Cardano EMURGO × DoraHacks Hackathon, where we showcased the potential of MPC technology. Join us as we explore the latest tech updates and advancements in the Partisia Blockchain ecosystem and beyond.
This month, we have had several exciting updates and announcements within the Partisia Blockchain ecosystem. Firstly, we showcased Partisia Blockchain’s groundbreaking Random Number Generation (RNG) solution, which utilizes MPC and smart contracts to ensure secure and unbiased random number generation. With this solution, developers can achieve a high level of security and trust by eliminating biases and predictability.
Partisia Blockchain has also shone a spotlight on its vibrant ecosystem, featuring an array of impressive projects that have chosen to build on our platform. Kin, the Web3 ad-free search engine, disrupts the market with its community-driven approach and commitment to privacy. Blockchain-Ads fills a significant gap, enabling Web3 brands to reach their target audience effectively. eTrusty tackles corruption and enhances transparency in the procurement market. Thousand Faces supports female founders through a reward-based crowdfunding platform, addressing the gender gap in funding. Additionally, MetaNames, a decentralized Domain Name System (DNS), allows users to create human-readable domain names linked to Partisia addresses, smart contracts, social profiles, and IPFS content.
This month also marked the launch of Parti.com, the Insights Network’s innovative launchpad built on the Partisia Blockchain. Parti.com empowers creators by providing Web3 technology and cryptocurrency transactions for content monetization. The platform offers unprecedented control over creative output while enabling creators to earn revenue through self-hosted cryptocurrency. With an inclusive and user-friendly design, Parti.com ensures complete ownership and control of funds, accessible through a straightforward account setup process via Discord or Twitter login.
Next month, we are excited to continue our focus on highlighting our innovative solutions and showcasing the diverse projects thriving within the Partisia Blockchain ecosystem.
We want to extend our thanks to all the dedicated node operators and passionate community members who actively participated in the voting process on the proposals presented by the Partisia Blockchain Foundation’s Council. Your unwavering support is invaluable in shaping the future of Partisia Blockchain. Check out the voting result here.
We also want to give our warmest congratulations to Professor Ivan Damgård, Chief Cryptographer at Partisia, for receiving the prestigious 2023 Edsger W. Dijkstra Prize in Distributed Computing for the groundbreaking paper “Multiparty Unconditionally Secure Protocols,” co-authored by David Chaum and Claude Crepeau. Congratulations to Professor Ivan and the team on this well-deserved honor!
On 23 May 2023, we had the privilege to participate in the Cardano EMURGO × DoraHacks Hackathon, where Jesper Gravgaard, Partisia Blockchain Senior Manager, showcased the immense potential of MPC technology and how our blockchain-as-a-service can revolutionize the Cardano ecosystem. Jesper’s presentation highlighted the advantages of incorporating privacy into existing applications, emphasizing the benefits it brings. You can find the presentation on our YouTube Channel.
We are thrilled to witness the rapid growth of our ecosystem with the addition of new projects building on Partisia Blockchain. Our partners, including Ballotboxx and veric-io, have been making significant progress to contribute to the expansion of our chain. Stay tuned for more exciting ecosystem spotlights in the upcoming month as we continue to foster the growth and development of our vibrant community.
The development team was busy working on many new features in May. Alongside the changes needed for the token vesting change, we deployed:
In June, we will be working on additional functionality for the indexing tool for the browser, working toward bringing online the ETH price oracle in production, as well as moving forward with work on our decentralized exchange.
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Guest blog by Dhruv Malik, Sr Smart Contract Engineer and Gael Bokongo CEO and Co-founder at Muwpay.
Muwpay, founded by an educated and innovation-driven team, is on a mission to dissolve the barriers of cross-chain universes by designing a flexible, interoperable user experience. The team has been developing their pioneering protocol called MUWP (Multi Underlying Wrapped Payment), a multi-token protocol adaptable to a variety of formats such as smart wallets, smart widgets, or SDK.
We are privileged to be trusted by Partisia Blockchain, one of the key players in the blockchain space known for secure and private computation services. This partnership has led to the creation of a smart wallet specific to the Partisia community. Thanks to the technical support and global vision of the Partisia Blockchain Foundation, a secure environment has been established where users can experience cutting-edge solutions. This collaborative approach holds vast potential for the future.
We were thrilled to be interviewed by the Partisia Blockchain team to explain our journey so far on our first partnership with such a significant figure in the blockchain industry. Check it out here.
Muwpay is developing the smart wallet and cross-DEXliquidity aggregator protocol with the aim of:
Thus, we provide full end-to-end wallet as a service for Partisia ecosystem
This will be the cross-native wallet that works as follows:
And then see the benefits of paying instantaneously in stablecoins using multiple denominations and low slippage.
For us, Partisia Blockchain ecosystem’s main characteristics were critical to launching our project on this ecosystem, services such as:
MUWP offers extensive benefits for crypto holders. It streamlines the conversion of tokens, reduces operational risks through secure and private computation services, and decreases gas fees by enabling any token for payment. The shards feature also improves transaction throughput. As such, MUWP enhances the overall cryptocurrency user experience, taking it a notch higher.
Thus, we have been progressing to build the smart contract protocol layer and also the mobile wallet, and are poised to release the beta test version around July. Feel free to follow the website muwpay.com for more information.
Overall, the partnership between Muwpay and Partisia Blockchain, and the innovations they are set to introduce, demonstrates a clear vision for a more efficient, secure, and user-friendly future in the world of blockchain technology.
Guest blog by Parker Duncan and Giorgio Guidett, MetaNames Co-Founders.
MetaNames is a decentralized Domain Name System (DNS) built on top of the Partisia blockchain. MetaNames enables users to create human-readable domain names that are linked to Partisia addresses, smart contracts, user socials and IPFS content.
MetaNames simplifies the process of interacting with the blockchain. Instead of using long, complex hexadecimal addresses for transactions, MetaNames allows users to use short and easily recognizable domain names, just like traditional domain names on the internet.
The key benefits of MetaNames include:
Moreover, MetaNames brings fresh air to the NS ecosystem by leveraging Partisia features such as privacy-preserving contracts and BYOC logic:
Check out our roadmap below:
MetaNames aims not just to provide a base and core chain infrastructure but to fully leverage Partisia Blockchain’s innovative technology to improve the current NS industry.
Stay tuned for more, and keep up to date with us by following our Twitter!
Guest blog from Moojan Asghari, Thousand Faces Co-founder and CEO
Thousand Faces is a reward-based crowdfunding platform powered by Partisia Blockchain. It aims to address funding gaps and support impact-driven female founders. With only 1.9% of venture capital funding allocated to all-female founding teams, there is a huge gender gap in funding.
While women currently make just 30% of climate-related decisions, they have proven to excel in building sustainable businesses, resulting in organizations led by women being 2.5 times more profitable. Recognizing the significance of funding more women and providing them with leadership opportunities, Thousand Faces seeks to democratize funding for women and minorities by offering both financial resources and a powerful network.
Driven by the frustration of limited funding and support for underrepresented groups, we embarked on a mission to leverage the principles of Web3, namely transparency, ownership, and decentralization, to serve both people and the planet. The lack of inclusivity in investment decisions, particularly regarding women and minority-led ventures, poses a significant challenge. Research shows that unconscious bias often leads investors to favor individuals who resemble themselves, perpetuating the underfunding of women and minorities. To address this issue, Thousand Faces turned to the powerful capabilities of Partisia Blockchain.
Partisia Blockchain introduces an innovative approach to tackle this problem through its zero-knowledge and voting mechanisms. Leveraging the secure content and zero-knowledge voting developed by Partisia Blockchain, Thousand Faces is building a decentralized autonomous organization (DAO). This empowers the creation of an inclusive and transparent voting system that ensures the active participation of a diverse community.
The voting system operates at two levels. Firstly, a diverse jury panel plays a crucial role in the initial voting stage, utilizing the zero-knowledge bootstrapping of Partisia Blockchain to ensure process security. Additionally, a committee-based second level of voting includes the entire community, consisting of token holders and NFT members. This approach guarantees that community members, who act as funders and supporters, have a voice in selecting projects and monitoring their progress.
Thousand Faces has already launched its first membership and NFT collection, available on the website for interested individuals to explore and apply for private sales. You can apply to join the Thousand Faces membership on the allowlist here. The platform has also established a dedicated member’s board and successfully completed its inaugural acceleration program for female founders. We received over 200 applications from nearly 80 countries, aligning with diverse UN Sustainable Development Goals (SDGs). From Kenya, Nigeria, Germany, Lebanon, Singapore, and the UK, six outstanding projects reached the final round. At the awards ceremony in April, the top three were granted US$30,000, with support from sponsors including Sandbox and the World of Women Foundation.
To stay updated on our latest developments and join us on our exciting journey, follow us on Twitter or visit our website. We’re excited to be part of the Partisia Blockchain ecosystem and are fully committed to transforming the inclusivity in the web3 space and beyond.
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Guest blog from Mariia Kren, eTrusty Co-founder and CEO
Corruption represents a significant hindrance to both economic growth and human development. Among various processes, procurement is particularly susceptible to corrupt practices, leading to substantial financial losses estimated at around €400 billion per year in European public procurement.
Furthermore, the procurement market faces another challenge as it is expected to grow from US$12–US$13 trillion in the next five years to approximately US$16–US$19 trillion. As procurement costs rise, the need for tender sites to scale rapidly becomes increasingly important.
In our commitment to combat corruption, restore trust in procurement, and facilitate the scalability of procurement platforms, we are delighted to introduce eTrusty.
By implementing blockchain technology, eTrusty fosters transparency through a publicly accessible ledger, ensuring secure and transparent monitoring of transactions and information. Moreover, it provides a decentralized and immutable data state, ensuring the secure storage of data. These features effectively mitigate client distrust and significantly reduce the risks associated with technical fraud.
A pivotal aspect of our confidence in implementing eTrusty lies in our collaboration with Partisia Blockchain. By harnessing the power of Multiparty Computation (MPC) with Zero-Knowledge (ZK), eTrusty establishes customizable layers of privacy for various aspects of procurement, such as applicants, judges, and results. This robust privacy framework effectively combats human fraud, coercive practices, and bribery. To elevate the scalability of eTrusty, we have integrated Partisia’s groundbreaking solution, Bring Your Own Coin, to establish a cross-border solution. Furthermore, the architecture of eTrusty enables customization to cater to diverse procurement requirements.
Currently, we are diligently developing our smart contracts, user interface, and back-end prototype. Our Minimum Viable Product (MVP) is scheduled to be completed in the last quarter of 2023. This MVP will be a web application showcasing all the key features of our API, which we plan to seamlessly integrate into existing tender platforms in the future.
The mission undertaken by eTrusty is of utmost importance and highly relevant in the current business landscape, where accountability and transparency are increasingly demanded. We eagerly anticipate the continued evolution of eTrusty’s protocol and its meaningful contribution to the broader objective of cultivating a fairer and more sustainable global economy.
As proud members of the Partisia Blockchain ecosystem, we invite you to follow us on our journey to shape the future of procurement!
15 May 2023 — Today marks the launch of the Insights Network’s Parti.com, a unique platform that empowers creators with Web3 technology and cryptocurrency transactions for content monetization. This hub for creators provides unprecedented control over their creative output, while enabling them to earn revenue through self-hosted cryptocurrency. Parti.com is built on the open-source technology of Partisia Blockchain, renowned as the world’s first privacy-preserving, next-generation blockchain. It offers multi-network currency support and affordable transactions.
Parti.com, designed to be an inclusive platform, provides users with self-custody of their funds, ensuring complete ownership and control. The platform’s ease of use, facilitated by a straightforward account setup process via Discord or Twitter login, makes it accessible to both creators and consumers.
Parti.com simplifies the buying and selling process by completely removing third parties, such as traditional banks and other Web2 financial institutions, from the monetization process. This marks the first time that creators and content consumers can interact within a completely peer-to-peer network, without payment processors or middlemen holding user funds.
One of the key features of Parti.com is the ability to create and sell NFTs directly from creator profiles, simplifying the process of content monetization. The AI Zone helps new creators generate art rapidly; thereby, democratizing the digital art landscape.
Furthermore, Parti.com breaks new ground with its application of NFTs as utility tokens, granting access to exclusive content. This concept, known as “tokengating”, is set to change the way creators engage with their audiences, fostering deep, meaningful connections. An easy-to-understand use case could involve a content creator creating a pass with a maximum of 1,000 units sold. All holders of this NFT, upon signing into their platform with their wallet, are granted access to all of the creator’s private content available on their Parti.com channel. This process, completely automated by the blockchain, creates a direct, creator-to-user connection that surpasses anything the current market offers, be it Web2 or Web3. The platform also accommodates transactions with ETH in Metamask, providing users with the flexibility to transact in their preferred cryptocurrency.
To jumpstart the network, Parti.com offers the unique “Hall of Fame” (HOF) NFT pass. This limited NFT access pass grants users master access to the entire network, enabling the first users to buy into the entire network and never have to pay for content access again. Coupled with the platform’s low transaction fees, this feature is set to redefine the value proposition for content creators and consumers. In the future, if users wish to leave the network, they can always offer the pass for sale in the upcoming NFT marketplace.
Parti tokens function as the platform’s currency, which users can use for buying and selling. Creators incur a 0.1% platform fee when selling NFTs or content in Parti tokens, compared to a 5% fee when using ETH or USDC. Although this fee model is subject to change, there is currently no fee for creators for at least the next three months, serving as an incentive to join the network early.
In essence, Parti.com is more than just a platform — it is a revolution in the creator economy. It is dedicated to providing creators with the tools they need to thrive, while offering consumers a new way to interact with and support their favorite creators. As the digital landscape continues to evolve, Parti.com stands at the forefront, poised to transform the creator economy with the power of Web3.
About Parti.com: Parti.com is built by Insights Network, a web3 Company founded in 2017 and through multiple market cycles.
About Partisia Blockchain Foundation: Partisia Blockchain Foundation 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 more than 30 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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Guest blog from Vlad Chejkov, Blockchain-Ads Founder
As the founder of Blockchain-Ads, I am thrilled to be featured in the Ecosystem Spotlight, where we are shedding light on the revolutionary changes we are bringing to the Web3 industry.
Blockchain-Ads is specifically designed to bridge a gap in the market where Web3 brands struggle to reach their ideal customers. Traditional ad networks often restrict crypto-related promotions, and none of the crypto ad networks currently allow targeting based on users’ on-chain behaviour.
Blockchain-Ads platform offers Web3 brands the opportunity to connect with their target audiences efficiently and effectively, outperforming the competitors 10 to 1.
Our collaboration with Partisia Blockchain has been fundamental to our success. Their pioneering multiparty computation (MPC) and zero-knowledge (ZK) technologies serve as the backbone of our solution. They ensure user data is processed securely while facilitating targeted advertising. This approach respects user privacy and transforms the digital advertising landscape without revealing any underlying data or compromising user privacy.
Currently, we are at an exciting juncture. We are preparing to launch Partisia smart contracts on testnet in the first half of May. It is a crucial step that will help us refine our solution in a secure environment before launching on the mainnet.
As we forge ahead, our mission is clear: to disrupt the conventional, centralized advertising industry with a decentralized, privacy-preserving, and cost-effective solution. We aim to redefine privacy and user control in the digital advertising landscape, tailoring specifically to the needs of Web3 brands.
For more insights into our progress and to stay abreast of our exciting journey, follow us on Twitter or reach out through our website. We are proud to be part of the innovative Partisia Blockchain ecosystem and look forward to reshaping the future of privacy-preserving advertising in the Web3 space.
Guest blog from Gordon Povey CEO & Founder at Kin
Kin is a Web3 ad-free search engine built around community, transparency, and privacy. The prototype has been operational for over a year and on 1 May 2023 we launched the Kin beta https://searchkin.com.
Our aim is to be a disruptor and so we are highly differentiated from incumbent search engines like Google.
We are building a community of users that believe in Web3 principles. We use blockchain and a smart contract for transparency. We will use multiparty computation (MPC) technology to ensure maximum privacy for users at all times.
We have thrown out the traditional advertising business model where the user is the product to be sold to advertisers. Instead, we become a broker of both information and also online products.
So metaphorically, if you want to go to the library for information, we become your personal librarian and try to find exactly what you are looking for without trying to sell you anything or distract you along the way. Then, if you do want to go to the shopping mall (metaphorically) to buy something, we are like your personal shopper trying to find exactly what you want and can even uncover local or artisan products that are usually difficult to find online.
We generate revenue as a broker only when we find what you really want. By taking this approach, we find information that is less skewed by large commercial SEO budgets, and we can discover online products that are often hidden by advertising and brand dominance.
We knew we needed to work with a Layer 1 blockchain so that we could mint our own tokens. We also knew that we needed a secure way to process user data while maintaining complete privacy. The fact that Partisia Blockchain was offering not just a blockchain, but also MPC capabilities made it a front runner.
We have just launched the Kin beta. The organic search (for web, news, images and videos) is working extremely well. We believe it provides better results than the incumbent search engines (try it for yourself and compare our results to other search engines).
We still have work to do on the shopping searches, which are limited and UK-centric at present. We will also be turning on the user rewards system very soon. To fund future developments, we are opening another token pre-sale, which will allow early supporters of our project to buy tokens at a discounted price. The funds will be used for the product launch and marketing, and for ongoing developments such as the implementation of our community-based training (using xAI methods) which is included in a patent we recently had granted.
Learn more about us: Search engine, Website, Email, Telegram, Twitter, LinkedIn