One of Partisia Blockchain’s core values is in collaboration. Our belief is that one of the main paths to advancing the further adoption of the blockchain industry is through working together. And this belief is built into our blockchain architecture.
As mentioned in our interoperability article, the current blockchain ecosystem is kind of like going to an amusement park. You can play in an ecosystem but only if you pay using their native token.
Partisia Blockchain’s payment mechanism broke away from this paradigm and designed a tokenomics that uses other chains tokens. We started off with Ethereum, then added Polygon USDC, and then integrated BNB into the chain. Now, we are bringing the ability to onboarding tokens to the community.
With the new Ethereum BYOC Framework, we are enabling the ability for any community developer to submit a proposal to onboard a ERC20 or a BEP20 token of their choice that is running on the respective chains into the Partisia Blockchain bridge. This brings the control of adding a token into the Partisia Blockchain to the public.
How it works:
By enabling this important roadmap item, we bring the control of onboarding any new Eth or BNB based asset into our unique bridge to not only be used as a swappable tokens, but allow it to be usable as gas for transacting in the Partisia Blockchain network. Whether you are a dApp that wants to add privacy services into your existing application, or create a unique DeFi solution on Partisia Blockchain that allows for swift easy swaps between assets while preventing front running and sandwich attacks through MPC, all of the value proposition that Partisia Blockchain offers is now available to any system running in the Etherium, Polygon or BNB chains.
Please look out for this feature being launched sometime in the 3rd/4th quarter.
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The first half of 2023 has been an exciting time for Partisia Blockchain. We have achieved significant milestones and made remarkable progress in the Web3 space. As we look back on the exciting developments, we are thrilled to share our progress with our community and ecosystem partners. We integrated the BNB token into our ecosystem, launched our pricing oracle, explored the synergy between blockchain and sustainability and much more. For an overview of our accomplishments, we invite you to watch our First Half 2023 video review, where our founders give an update on the highlights and progress we have made.
The Partisia Blockchain team had the privilege of attending the renowned Crypto Valley Conference in Rotkreuz in early June. This gathering in our home canton of Zug brought together a diverse range of stakeholders, including our community, esteemed partners, and industry experts. We engaged in insightful discussions centered around emerging trends such as artificial intelligence and privacy.
Last month, our team members gathered in Copenhagen for a strategy meeting to collaborate, strategize, and plan for the rest of 2023. This meeting played a crucial role in bringing us together, aligning our goals, and fueling our drive for excellence in the upcoming months. Our founders also held a successful Quarterly Ask-Me-Anything (AMA) session with our community, where we provided updates on our accomplishments during the first half of the year and the plans ahead. The AMA was a demonstration of our commitment to fostering open communication and collaboration within our growing ecosystem.
June was full of major milestone achievements, with the BNB token now part of the BYOC family. This opens up both additional opportunities for the BNB community into our ecosystem as well as enabling the BNB dApps with our multiparty computation technology. As a part of the implementation, Bruce Ahn, our head of developer relations joined Binance in their AMA to describe what the integration is all about.
We also launched our long awaited pricing oracle for both ETH and BNB tokens. This will allow accurate pricing information for when ETH or BNB tokens are spent as gas in our chain.
The Partisia Blockchain community has been buzzing with excitement and activity, with various initiatives and partnerships making significant strides in the Web3 space. Let’s take a closer look at some of the major achievements and updates from our ecosystem partners.
Kin, the ad free Web3 search engine, kicked off a highly successful airdrop campaign in June. The campaign has been nothing short of remarkable, allowing Kin to reach a wide audience and introduce our project to Web3 enthusiasts around the globe. We are thrilled to see the tremendous growth in the Kin community and excited for what is next.
Another noteworthy achievement comes from Blockchain-Ads, a revolutionary advertising and data solution in the Web3 space. They have successfully deployed their groundbreaking product, the “Web3Cookie,” on the Partisia Blockchain testnet. This innovative data monetization tool empowers everyday internet users, enabling them to generate their own cookie and securely monetize their browsing data while preserving their privacy.
In addition to these achievements, we recently hosted our first exciting livestream on Parti.com, the first Web3 Peer-to-Peer creator economy platform. Brian Gallagher, the Co-Founder of Partisia Blockchain, took the stage and shared his insights into various topics. The livestream covered the BNB token bridge integration, zero knowledge, and decentralized social media. It was an opportunity for the community to gain valuable knowledge and test out the new Parti.com platform.
We were also delighted to announce the commencement of the on-chain distribution of rewards for the fourth quarter (March–May 2023). This quarter’s distribution is our largest to date, with a total of 1,202,224 MPC tokens being paid out to 743 wallets. The progressive nature of the rewards ensures that each quarter brings new opportunities for participants. If you are new to staking, we recommend checking out our guide and instructional video to learn how to stake and get rewarded.
In our ongoing commitment to innovation, Partisia Blockchain continued to shine a spotlight on our Interoperability and Scalability solutions. We explored the potential of our Interoperability solution, which enables seamless collaboration between chains, unlocking endless possibilities. Through the power of Bring Your Own Coin (BYOC), we revolutionize the way transactions are conducted across different chains. To learn more about our Interoperability solution, we invite you to read our article on the challenges in blockchain interoperability and Partisia Blockchain’s solution. Additionally, we hosted an informative Q&A discussion, where our expert team members provided valuable insights.
When it comes to scalability, we ventured into the future of blockchain scalability with our Complete Sharding solution. This cutting-edge solution harnesses the power of real-time finalization and genuine parallel processing of blocks, resulting in remarkable scalability. To gain a deeper understanding of what sets our Complete Sharding solution apart, we encouraged readers to dive into our detailed article and watch our insightful Q&A discussion.
Recognizing the significance of sustainability in the blockchain space, this month, we delved into the impact and importance of sustainable practices. We explored how blockchain technology promotes transparency, accountability, and sustainable practices, highlighting the unique approach of Partisia Blockchain. In a captivating Q&A session, we engaged with Monadi, a platform that manages sustainability data and reporting in compliance with the Corporate Sustainability Reporting Directive (CSRD). Together, we explored the intersection of sustainability, Environmental, Social, and Governance (ESG) factors, and the UN’s Sustainable Development Goals (SDGs). The discussion shed light on how Monadi, powered by Partisia Blockchain, plans to incorporate these principles into its future sustainability initiatives.
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In the rapidly changing world of blockchain technology, sustainability has emerged as a fundamental driver, shaping the development and implementation of solutions. Environmental, Social, and Governance (ESG) principles — together with the United Nations’ Sustainable Development Goals (SDGs) — provide a roadmap for organizations seeking to make a positive and lasting impact. Partisia Blockchain, a leading next-generation blockchain, recognizes the paramount importance of sustainability and is dedicated to integrating its core operations and initiatives.
“For me, sustainability is all about thinking a step ahead by including derived effects in decision-making. The great thing about ESG and SDG goals is the hard work that has been put into mapping some of the most important goals for the global society. For Partisia Blockchain, these goals function as a “call to action” when prioritizing flagship projects,” says Kurt Nielsen, Partisia Blockchain Co-Founder.
At Partisia Blockchain, sustainability is not just a buzzword, but an integral part of our portfolio. We firmly believe that blockchain technology has the potential to drive positive change and contribute to a sustainable future. Through our range of solutions, we prioritize sustainability and align our projects with ESG and UN SDG goals.
Our commitment to sustainability is also strengthened through strategic partnerships with organizations that share our vision. Let’s explore some of the inspiring collaborations that link sustainability to blockchain technology:
Partisia Blockchain’s partnership with the International Committee of the Red Cross (ICRC) addresses critical humanitarian challenges using blockchain technology. By leveraging our solutions, we contribute to ICRC’s efforts in providing aid, protecting human rights, and delivering assistance to those in need. This partnership aligns with multiple SDGs, including SDG 1 (No Poverty), SDG 3 (Good Health and Well-being), and SDG 16 (Peace, Justice, and Strong Institutions).
Health Innovation Exchange is dedicated to improving access to healthcare worldwide. With the introduction of Vorne.ai, HIEx tackles the longstanding challenge of transparency in fundraising. For the first time, Vorne.ai offers not only a simple one-click donation feature, but also transparent value-chain reporting throughout the lifecycle of donated funds. This transformative approach ensures that donors can see the direct impact of their contributions, fostering trust and accountability.
Partisia Blockchain plays a pivotal role in this process by creating a one-to-one match between donations and a stable token. This token is minted, utilized and meticulously tracked to ensure full transparency of the impact each donation makes on the supported cause. By leveraging its technology, Partisia Blockchain ensures that every transaction is secure, transparent and immutable, setting a new standard in the healthcare fundraising sector.
Peter Frandsen, Chief Technology Officer at Partisia Blockchain, says:
“We are honored to partner with the Health Innovation Exchange. Through this collaboration, which commenced in Davos during the World Economic Forum, we reaffirm our commitment to advancing the United Nations Sustainable Development Goals (SDGs). Our technology not only enhances transparency and accountability in healthcare donations, but also drives significant progress towards achieving the SDGs.”
Partisia Blockchain has joined forces for a strategic partnership with OriginAll, a technology company tackling the humanitarian issue of counterfeit medicine and lack of accountability in remittances and charitable donations. Through the OriginAll Healthies system, powered by Partisia Blockchain’s technology, we are revolutionizing the distribution of funds. Healthies, special tokens, ensure that remittances and donations are used exclusively for their intended purpose, combating counterfeit medicine and fostering transparency in healthcare. This partnership aligns with SDG 3 (Good Health and Well-being) and SDG 17 (Partnerships for the Goals).
Monadi, a sustainability-focused organization, has joined forces with Partisia Blockchain to leverage technology and sustainability expertise to drive positive change. This partnership aims to develop innovative solutions that address pressing environmental and social challenges. By combining Monadi’s sustainability insights with Partisia Blockchain’s cutting-edge technology, we strive to create a more sustainable and resilient future. This partnership aligns with multiple UN SDGs, including SDG 9 (Industry, Innovation, and Infrastructure) and SDG 13 (Climate Action).
Sustainability is a guiding principle at Partisia Blockchain, driving our commitment to create innovative, secure, and scalable solutions. By integrating ESG and UN SDG goals into our projects and forming strategic partnerships, we harness the transformative potential of blockchain technology to address global challenges and promote sustainable development.
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