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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