MUNICH, 22 JULY 2024. Partisia Blockchain Foundation, a pioneer in decentralized and privacy-preserving solutions, proudly announces the launch of Project RESCUE, an innovative fundraising initiative designed to provide crucial health and social services to individuals living with and affected by HIV in emergency settings. This project is a collaborative effort with the Social Equation Hub (SEH), the Global Network of People Living with HIV (GNP+), the Partisia Blockchain Foundation, the Health Innovation Exchange (HIEX), and Vorne.ai.
Peter F. Frandsen, Co-founder of Partisia Blockchain, expressed his enthusiasm for the project, stating, “Project RESCUE embodies our commitment to leveraging blockchain technology for social good. By integrating transparency and accountability through our platform, we are revolutionizing how emergency aid is delivered, ensuring that every donation makes a tangible impact.”
Lifeline for vulnerable communities:
Project RESCUE is dedicated to delivering rapid response and emergency aid, saving lives, and providing comprehensive and urgent care to those in need. This initiative is a testament to the collaborative effort of various organizations committed to making a difference in times of crisis.
Power of donations:
This people-to-people initiative ensures that every contribution directly translates into immediate life-saving interventions and essential health services. The innovative fundraising platform offers a transparent, blockchain-based reporting system, allowing donors to see the direct impact of their contributions, fostering trust and accountability.
Target groups:
Project RESCUE aims to support people living with and affected by HIV, including:
Addressing urgent needs:
In emergency settings, individuals living with and affected by HIV face severe challenges. Project RESCUE aims to overcome these barriers by providing direct, flexible, and rapid support, addressing urgent health needs and offering life-saving services.
How to participate:
Project RESCUE will be officially launched at the International AIDS Conference 2024, scheduled from 22-26 July 2024 in Munich, Germany, and will run for five months until the end of 2024. For more information and to participate, visit Project RESCUE and Project RESCUE Vorne.ai.
About Partisia Blockchain: Partisia Blockchain stands at the forefront of blockchain innovation, committed to delivering privacy-preserving solutions that promote fairness and transparency. With a rich history of 35 years of rigorous research, Partisia Blockchain is dedicated to creating future-proof solutions that address global challenges, ensuring a fair and secure distribution of benefits. The company prioritizes privacy and confidentiality while fostering accountable, transparent, and decentralized governance.
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The emergence of Web3 and Decentralized Finance (DeFi) has ushered in a new era of digital innovation, promising a paradigm shift towards greater transparency, efficiency and accessibility. However, the realization of this necessitates addressing several technical and conceptual challenges inherent in the underlying blockchain technology.
The “blockchain trilemma”, a well-documented conundrum, highlights the intricate trade-offs between decentralization, security and scalability. Achieving an optimal balance between these three pillars is essential for creating a robust, secure and efficient decentralized ecosystem capable of supporting widespread adoption.
This confluence of challenges necessitates the development of sophisticated solutions that can simultaneously address the blockchain trilemma while ensuring robust privacy protection. Partisia Blockchain emerges as a sophisticated response to these challenges through the integration of advanced privacy-preserving cryptographic techniques with a high-performance blockchain architecture.
Partisia Blockchain is a Layer 1 blockchain that redefines the paradigm of decentralized technology by seamlessly integrating privacy-preserving mechanisms with a high-performance architecture. This unique approach addresses the inherent challenges faced by traditional blockchain models, such as scalability limitations and the potential compromise of sensitive data due to the public nature of distributed ledgers.
Central to Partisia Blockchain’s innovation is the implementation of a privacy layer that enables zero-knowledge (ZK) computations to run in parallel with activities on the public blockchain. This groundbreaking integration of blockchain technology and multiparty computation (MPC) vastly expands the possibilities of decentralized applications, allowing for confidential transactions, secure data sharing, and regulatory-compliant solutions.
The platform’s consensus algorithm FastTrack model, a novel approach that combines optimistic block production with a robust Byzantine Fault Tolerance (BFT) mechanism, ensures both rapid transaction validation and the highest levels of security.
Addressing the scalability challenge, Partisia Blockchain employs a comprehensive true sharding solution. This approach dynamically expands the network with manageable segments (blockchains), allowing for efficient processing of high transaction volumes without compromising consensus or security.
To foster a more interconnected blockchain ecosystem, the network has implemented a native collateral bridge, facilitating the secure transfer of assets and information between the Partisia Blockchain and other networks, promoting interoperability and collaboration.
The commitment to privacy extends to the MPC-as-a-Service platform, providing developers with a comprehensive suite of tools. This platform streamlines the orchestration of privacy-preserving computations, enabling a wide range of use cases, from confidential financial transactions to private auctions and secure data sharing.
Finally, Partisia Blockchain fosters a thriving and reliable network through a market for trust that incentivizes node operators to validate transactions, propagate information and provide MPC-as-a-Service. This mechanism ensures that the network is supported by transparent and efficient nodes; thereby, maintaining the highest standards of security and performance.
In this three-part series, we will dive deeper into performance, zero-knowledge technology, and the cross-chain messaging technology stack of Partisia Blockchain versus other solutions in the field.
*Partisia Blockchain uses a unique verification consensus mechanism that guarantees blocks are verified by the validator producing the block.
**Partisia Blockchain uses the original definition of sharding used in the database industry, running multiple blockchains in parallel. We call it “True Sharding”.
Partisia Blockchain stands as a robust and adaptable Layer 1 blockchain that prioritizes privacy, scalability and decentralization. Its innovative FastTrack consensus mechanism, incorporating Proof of Justification (PoJ) and Proof of Finalization (PoF), ensures robust security and transaction finality. The Proof-of-Verification (PoV) mechanism further enhances security by guaranteeing that validators personally verified each block.
The scalability challenge is tackled through a dynamic sharding approach. Unlike traditional blockchain sharding, in Partisia Blockchain shards are an independent blockchain that can separately create, verify and validate a block. While most blockchains create one block at a time, Partisia Blockchain leverages its sharded architecture, now it is four shards (four chains), to generate four blocks at a time and there is no limit.
This architecture allows for true parallel blockchain processing. In the event of congestion, the system can dynamically create new shards, adding capacity on the fly. This dynamic scalability architecture theoretically enables the network to scale horizontally infinitely.
The platform’s versatility is further amplified by its support for diverse node types, each with specialized functions. These include reader nodes for accessing information, baker nodes for producing and validating blocks, ZK nodes for zero-knowledge computations and oracle nodes for oracle services. This diversity caters to a wide array of use cases, making Partisia Blockchain adaptable to evolving demands.
It is also important to mention that Partisia Blockchain eliminates the volatility and unpredictability often associated with blockchain transaction fees. This differs from traditional blockchain models with an approach that combines a fixed-fee structure tied to the US dollar, offering users stability and convenience. This means users know exactly how much they will pay for a transaction, making cost estimation straightforward and budgeting easier.
Furthermore, Partisia Blockchain offers flexibility in fee payments by not limiting them to the native $MPC token. Users can choose to pay network fees using other supported tokens, enhancing convenience and accessibility.
This feature we will explore further in this article.
Solana achieves high speed and scalability through its Proof of History (PoH) timekeeping mechanism, combined with Proof of Stake (PoS) and Tower BFT for consensus. Its Sealevel parallel smart contract execution and Turbine block propagation further enhance its performance.
Solana’s software is designed to get out of the way and let the hardware operate at capacity, while most blockchain systems need to work on optimizing the software to improve their throughput. As such, Solana scales naturally with bandwidth, SSDs, and GPU cores. It is a good solution, but resource-intensive and expensive for node operators.
The fee structure consists of a base fee per transaction and priority fee that allows users to expedite transactions by paying more during high network congestion. This fee is calculated dynamically, based on current demand and desired confirmation time. Solana also has a “rent” fee, a withheld balance in each account to cover on-chain data storage costs.
Polygon distinguishes itself by offering a multi-layered approach to scaling Ethereum. Its PoS sidechain provides a parallel network for faster and cheaper transactions while still maintaining compatibility with Ethereum. The Polygon zkEVM leverages zero-knowledge rollups to bundle and verify transactions off-chain, further increasing scalability and reducing costs.
With the Polygon 2.0 (zkEVM validium) update, the network is set to become a network of ZK rollup chains, enabling interoperability and a wider range of applications while maintaining the security of the Ethereum mainnet.
While offering significant scalability advantages over Ethereum, Polygon has challenges with transaction finality due to its reliance on checkpoints on the Ethereum mainchain. In its PoS chain, transaction finality is not immediate. It requires a waiting period before the transaction is considered final after a checkpoint sent to Ethereum. This process is slow and introduces the risk of deep chain reorganizations, affecting the overall user experience.
To address this, Polygon implemented the “Deterministic Finality via Milestones”. Milestones, similar to Ethereum’s checkpoints, signal the finality of blocks in the validator layer allowing to achieve faster finality, minimizing the risk of following an incorrect chain for an extended period. While the milestones solution addresses the finality issue, Polygon’s PoS inherently comes with certain limitations regarding throughput. The number of validators in the network is limited, which can potentially bottleneck the transaction processing capacity. Moreover, while zkRollups offer scalability advantages, they also have their own throughput limitations due to the computational requirements of generating zero-knowledge proofs.
Speaking about fees, Polygon offers lower transaction fees than Ethereum. The fees on Polygon PoS, consist of a base fee and a priority fee to speed up processing, both paid in $MATIC. The base fee, which fluctuates depending on network congestion, is then burned. Polygon zkEVM, based on zero-knowledge rollups, also incurs gas fees paid in $MATIC to cover computational costs.
Stay tuned for Part 2 of the series where we will delve deeper into the zero-knowledge technologies and compare Partisia Blockchain with other blockchains.
ZUG, 9 JULY 2024. Partisia Blockchain grants the Digital Assets Technologies (DAT) AG. to launch a platform designed to tackle critical data security and privacy issues. Tailored for auditors and blockchain organizations, the DAT’s platform will be a robust mechanism for proving asset ownership while ensuring privacy and compliance.
Traditional data transmission methods are increasingly inadequate, often leading to security breaches and undermining transaction integrity. This vulnerability affects not only auditors and blockchain organizations but also poses significant risks to Virtual Asset Service Providers (VASPs), banks and end consumers. The Partisia Blockchain-supported DAT solution will address these challenges by offering a secure, privacy-preserving environment for transaction and asset verification.
The Partisia Blockchain-backed DAT platform will be designed to balance the need for transparent audits with the right to privacy in digital transactions. This approach ensures data can be shared and verified in a manner that meets modern privacy expectations and compliance regulations, making it essential for financial institutions and end-users.
The DAT solution will combine advanced technology with industry expertise to deliver features tailored for blockchain entities and financial auditors:
The Partisia Blockchain-supported offering’s security architecture prioritizes privacy and security without sacrificing usability, featuring:
The DAT’s solution will uphold strict standards, aligning with ISO 27001 and SOC 2 frameworks to deliver a robust compliance posture. This suite of features ensures that the offering meets today’s market and regulatory requirements and can adapt and scale to future demands.
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
About Digital Assets Technologies (DAT) AG.: Digital Assets Technologies (DAT) AG offers secure, privacy-focused SaaS solutions for CPAs, financial auditors and digital asset companies. Created by seasoned blockchain experts, the platform revolutionizes accounting, financial audits and travel rule compliance with top-tier security and regulatory adherence. Learn more: https://dat.ag
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ZUG, 3 JULY 2024. Partisia Blockchain enters a strategic partnership with Truflation, the premier reference point for real-world asset (RWA) indices and inflation data. This collaboration sets to transform the way real-world financial data is accessed and utilized in the decentralized finance (DeFi) ecosystem.
The collaboration is set to open new horizons for both. By integrating Truflation’s comprehensive real-time financial data with Partisia Blockchain’s secure and scalable blockchain infrastructure, the partnership will enhance the accessibility, transparency and reliability of financial data across decentralized platforms.
Kurt Nielsen, Co-Founder and President of Partisia Blockchain, says:
“We are excited to partner with Truflation to bring high-quality financial data to the blockchain space. This partnership aligns with our commitment to providing scalable and privacy-preserving solutions, enabling us to address some of the key challenges in DeFi and beyond.”
With Truflation’s accurate and independent inflation data, combined with Partisia Blockchain’s innovative approach to privacy and scalability, the two are poised to deliver unparalleled transparency and efficiency in DeFi. This partnership will enable developers to build more robust and data-driven financial applications, fostering greater trust and adoption.
Stefan Rust, CEO of Truflation, says:
“Our collaboration with Partisia Blockchain aligns with our vision to empower people and protect privacy by giving them real-time data to make informed financial decisions.”
As Partisia Blockchain and Truflation work together to integrate their technologies, both organizations are committed to pushing the boundaries of what is possible in DeFi. This partnership is the beginning of a series of collaborative efforts aimed at transforming the financial landscape through decentralized and transparent solutions.
Key benefits of the partnership:
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
About Truflation: Empowered by Coinbase and Chainlink, Truflation stands as the foremost DRP (Definite Reference Point) for economic veracity, driving the tokenization of real-world assets through its independent, transparent and real-time financial data. With a comprehensive index tracking over 18 million items, Truflation offers censorship-resistant data infrastructure, fueling systemic advancements in the DeFi economy. This empowers decentralized applications (dApps), such as DEXs, to unlock boundless markets. From predicting orange juice and uranium prices to facilitating BTC-denominated oil, gas and corn markets, Truflation unlocks a diverse range of financial instruments, heralding a new era in the Web3 landscape. Learn more: www.truflation.io
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June marked a successful close to Q2 for Partisia Blockchain, filled with strategic collaborations, exciting platform launches and insightful community interactions. Highlights include HIEx’s Vorne platform launch, our successful AirDrop Program and the release of our comprehensive DeFi guide. Stay tuned as we recap key events, share our latest innovations and look ahead to impactful partnerships and initiatives in July.
This month, our highlight was the launch of HIEx’s Vorne.ai platform. The world’s first blockchain-based social impact funding platform launched with fanfare during the 77th World Health Assembly in Geneva. The platform aims to address one of the main drawbacks of donations which is the reporting of what your donation actually impacted. Look for the platform being highlighted in the 25th IAS conference in Munich in July! We also announced the launch of StakingRewards.com, a platform that lists many of the top tier networks and their staking rewards. Go check out their website to see how we compare to other chains and stake.
zkCross Network, our DeFi partner, also launched their on-ramp platform, enabling more than fiat currencies to be able to purchase Partisia Blockchain’s BYOC tokens. In the future, look for the integration to enable people to be able to buy MPC tokens directly using a credit card, Google Pay and Apple Wallet. Month of June was full of launches, with CV Pad supporting Partisia Blockchain and helping to fund teams building on top of our chain. Alongside CV Pads, we also announced Moonrig’s grant to build the world’s first crypto asset analytics platform, with accredited research analysts reviewing the various crypto assets in a more structured and professional way.
The first tranche of Partisia Blockchain’s highly anticipated 25 million MPC token AirDrop Program has ended. We are pleased to see the heightened interest in the Partisia Blockchain AirDrop Program. The next tranche—already in the works—will help power our DeFi suite of solutions. Participants, who keep their tokens bridged on Partisia Blockchain, will benefit from an early qualifying criteria for the second tranche of the 25 million MPC token AirDrop Program. During the second tranche, planned for 2024, dApps and projects scaling DeFi solutions will be deployed on mainnet and expand the scope of new use cases.
Our Chief of Growth, Shirly Valge, led an insightful workshop at the Crypto Valley Conference in Zug, Switzerland, on 6 June 2024, captivating the audience with her expertise. In her session, “Integrating Privacy and Compliance,” she delved into the innovative solutions Partisia Blockchain is developing including how we are pioneering privacy-enhancing technologies while ensuring regulatory compliance. We extend our gratitude to the Crypto Valley Conference for having us and look forward to future collaborations.
Our Head of Product, Mathias Glintborg, recently joined an enlightening podcast episode hosted by Concordium in collaboration with Novo Nordisk. This discussion delves into the intricacies of blockchain product development, offering valuable insights from industry leaders. It’s a must-listen for anyone interested in the future of blockchain. Catch up here. Meanwhile, Chief Product Officer, Mark Bundgaard, joined Anca Petre for an engaging conversation on the transformative impact of Partisia Blockchain in the healthcare sector. In this episode, Mark explores our Layer 1 blockchain architecture, explains the nuances of multiparty computation (MPC), and highlights what makes us stand out in the blockchain world. Listen here.
Our first Zealy competition has been a tremendous success. In June, we were thrilled to share the winners, and we extend our heartfelt thanks to everyone who participated and supported our project. We saw an impressive 5,029 Zealy members sign up, with a total of 30,489 quest claims completed. A total of 50,000 $MPC tokens in rewards were distributed to our community. Read the full announcement on our Discord.
The Q8 rewards for our stakers were released in June, distributing one of our largest rewards yet—over 2.7 million $MPC tokens to more than 1300 wallet addresses. Don’t miss out on a 53% APR; stake your tokens today.
Understanding blockchain does not have to be difficult. That is why we have created a series of videos that explain Partisia Blockchain in a fun and engaging way for everyone, from kids to Web3 experts. Watch the first 3 levels presented by Maria Cocu, Bakyt Azimkanov, and Bruce Ahn. Stay tuned on our socials for more!
Our new DeFi guide is now live. This detailed walkthrough provides a deep dive into low-level interfaces of decentralized finance, covering everything from interacting with smart contracts to building scalable decentralized exchanges (DEXes) using our Scalable Automated Market Maker (AMM) framework. We encourage development teams to leverage this guide to create user-friendly DeFi applications on top of these foundational contracts. Whether you’re a seasoned blockchain developer or just starting out, our guide offers the essential tools and knowledge to succeed in the dynamic world of decentralized finance.
The community is at the heart of every Web3 project, and the same goes for Partisia Blockchain. On 26 June 2024, we hosted a Twitter Spaces event to answer the community’s most pressing questions. Co-Founders Peter Frandersen, Kurt Nielsen and Brian Gallagher participated, discussing upcoming plans, our new DeFi strategy, RWA and AI, as well as the dealflow of new projects (spoiler alert: we are seeing significant growth!). Here is the recorded Twitter Spaces session.
On 22-24 July 2024, Partisia Blockchain will attend the 25th annual International AIDS Society event in Munich, working with notable organizations, such as Social Equation Hub, GNP+ and the Elton John Foundation to help raise funds to combat the HIV virus. The platform that will support the event will be none other than Vorne.ai. See you in Bavaria!
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Missed our live Twitter Spaces with the Partisia Blockchain Co-Founders? Fear not, here is the recap of one of our most awaited AMA sessions with Peter Frandsen, Brian Gallagher and Kurt Nielsen.
Kurt: We are focusing on DeFi and Real-World Assets (RWA) with a touch of Artificial Intelligence (AI). The Web3 space needs to grow beyond its current user base. This requires expanding into new areas and addressing regulations and compliance, which Partisia Blockchain is well-equipped to handle.
Peter: We are moving from technology development to building solutions by creating standards and templates for DID, NFT and RWA, making it easier to develop products on our platform.
Brian: We have been working on Parti.com, a SocialFi platform that combines decentralized finance with a creator platform, eliminating the middleman. Users get a Partisia Blockchain wallet for identification.
1. What new marketing strategies are you considering implementing? How do you evaluate the effectiveness of your current strategies on the token price and the onboarding of new applications?
Brian: We are shifting our focus from technology development to product marketing, particularly in DeFi and RWA. We are also expanding our presence in the Asian market. Collaborating with high-profile key opinion leaders (KOLs) on platforms, like Telegram and YouTube, has been key. Over 60 Tier 1 KOLs and more than 200 lower-tier KOLs have helped distribute and create content about Partisia Blockchain. Our follower count has grown by nearly 30,000 (13%), Medium subscribers by almost 150% and our Discord community by nearly 130%.
2. How do you plan to attract new projects to increase utility? What are your thoughts on the potential benefits and drawbacks of attracting projects with varying levels of interest?
Kurt: We aim at high-quality projects and work with them to ensure proper adoption. Our mainnet supports all types of Web3 projects, focusing on DeFi and RWA. We are also working on high-profile projects in advertising, gaming, AI and confidential data management. Since January 2024, we have launched six projects on mainnet, have 20 projects in development, and added more than 300 leads to our funnel.
3. In what ways do meetings in locations, such as Ibiza and Split, contribute to securing partnerships and project signings?
Kurt: Conferences and industry meetings are crucial for securing partnerships. The TEAMZ and Nordic Blockchain Conferences allowed us to discuss our strategic direction in RWA and DID. The WHA and HIEx events exposed new audiences to blockchain’s value. Token2049 brought in many new leads.
4. How can you provide more precise details about your plans to reassure the community about Partisia Blockchain’s future?
Kurt: We are building the most advanced blockchain infrastructure. Our smart contract templates address issues like front-running while complying with regulations such as MiCA.
5. Can you explain the process and considerations behind the communication of the listings? How do you plan to keep the community better informed in the future?
Brian: Compliance considerations are crucial for exchange listings. We have communicated launch days in a compliant manner and plan more AMAs and interviews.
6. What information can you provide about the timeline for the conclusion of the AirDrop?
Peter: The first part of the AirDrop has ended, and we are moving to the claiming phase. Exact dates for the next phase are not available yet, as I am not doing it all by myself.
7. How does the roadmap support DeFi?
Kurt: A new landing page will soon present our DeFi package, including on-chain custody (MOCCA), DID solutions and an AMM solution.
8. Do you have any plans on improving access to information about upcoming AirDrops, such as providing a calendar or adding a referral system?
Peter: We will improve communication around AirDrops, utilizing more AirDrop sites and ensuring information is relayed to the community.
9. Is Partisia Blockchain planning on increasing media engagement through influencer videos on platforms, like YouTube, or is the team using other methods?
Brian: Yes, we plan to increase media engagement through influencer videos on platforms like YouTube.
10. How do you assess the market performance of the token since its launch? What reflections do you have on the initial public sale pricing of 40¢?
Brian: Our token is a utility token for running nodes. We cannot comment on prices of tokens, but I can say that we focus on its use and adoption in DeFi.
11. What are the most significant challenges Partisia Blockchain faces in onboarding new dApps?
Kurt: We can only talk about some projects, and we update regularly wherever we can. But at a high level, we have an extensive pipeline built and feel that the adoption is moving in the right direction.
12. What do you think about the team’s pivot towards new product-market fits, such as Real-World Assets (RWA) and artificial intelligence (AI)?
Kurt: We are focusing on AI by creating transparency in data used for training models and ensuring confidential use of this data. Additionally, we are integrating AI with Decentralized Identification (DID) to keep user preferences hidden while allowing AI to make decisions on their behalf.
13. How is Partisia Blockchain bringing United Nations’ SDG goals to life?
Peter: Partisia Blockchain is actively working on multiple projects, including a solution for the International Committee of the Red Cross and the implementation of eIDAS, the European standard for DID. Further details will be announced as these initiatives progress.
A recording of this session is available on Partisia Blockchain’s official X (Twitter) account. A special thank you to the community members that provided us with these questions. We look forward to answering the rest of them in our upcoming AMAs.
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This is a demonstration of how to get started with DeFi on Partisia Blockchain focusing on interacting with smart contracts directly via blockchain explorer on TestNet and building DEXes based on the Scalable AMM framework developed by co-founder, Kurt Nielsen. There’s currently teams building out DeFi on Partisia Blockchain for MainNet – one example is zkCross Network.
This new AMM DEX design is intended for builders to reinvent traditional finance with a more fair and compliant DEX that ensures scalability, price guarantee, and frontrun protection – all features you will not find in a regular DEX model out-of-the-box. Note that this guide is a walkthrough of a low-level interface to learn the mechanics, and we are encouraging teams to take this and build a user-friendly DeFi app on top of these contracts. Is your team ready to build the next frontier of finance? Read more about our Grants Program.
First things first, let’s meet the testnet tokens and smart contract that we will be using in this guide.
Now, go to Partisia Blockchain’s Discord server and open a #support-ticket. Choose Developer Support option, and indicate you need test gas and IWH tokens. If you don’t have a wallet already, you can use Parti Wallet. Note: to show your MPC20 tokens in Parti Wallet, go to the “MPC20” tab and then “Manage Tokens”.
Here we use the DEX router for swapping across multiple pairs and liquidity pools to demonstrate the lock-swap price guarantee concept that can be used for building scalable DeFi that operates cross-chain and on multiple shards. In this case we will swap IWH to PPE.
1. Go IvanWifHat (IWH) token contract and sign in with your wallet.
2. Select “Approve” under the “INTERACT” dropdown.
3. Insert the smart contract address of DEX router in “Spender”, select the amount you want to swap (e.g. 50000), and hit “APPROVE” to sign the transaction via your wallet.
Remember IWH has 4 decimals e.g. if you want to approve 5 IWH, insert 50000 in “Amount”. In this guide we use 50000 in “Amount”.
Approval is needed before the DEX router can manage your tokens for the swap.
4. Now go to DEX router and select “Route swap” from the “INTERACT” dropdown.
5. Insert the smart contract address from IvanWifHat (IWH) in the “Token in” field and the smart contract address of PeterPepe (PPE) in “Token out”. Insert the amount you want to swap in “Amount in” e.g. 50000, and the minimum amount you are willing to receive from the swap in “Amount out minimum” e.g. 40000. Click “ADD ADDRESS” twice under “Swap route” and insert the smart contract addresses of QTK/IWH liquidity pool and PPE/QTK liquidity pool in respective order. This will define the route of your swap through liquidity pools. Adjust the gas fee to 500000 and hit “ROUTE SWAP”.
When you set the “Amount out minimum”, take into consideration that each liquidity pool takes a 3% swap fee, gas fees and slippage. In this example we use 50000 “Amount in” and 40000 “Amount out minimum”.
6. Examine the transaction hash to explore routing and the lock-swap price guarantee concept, and check the assets in your wallet.
Now, if you hold two tokens that correspond to a pair in a liquidity pool, you can become a liquidity provider (LP) to earn revenue from the fees paid by other users that swap.
First, make sure you have swapped your way to hold either QTK and IWH or PPE and QTK. In the below example we use QTK/IWH. See above section “Swap via router” for instructions.
1. Go to IvanWifHat (IWH) and approve the smart contract address of QTK/IWH liquidity pool to spend the amount of that token you want to supply as liquidity. Do the same for QuantumKurt (QTK).
Again, remember that IWH, QTK and PPE has 4 decimals.
2. Then go to QTK/IWH liquidity pool and select “Deposit” under “INTERACT”. Now insert the smart contract address of IvanWifHat (IWH), specify the amount, and hit “DEPOSIT”. Do the same for QuantumKurt (QTK).
3. Next, go to the QTK/IWH liquidity pool and select “Provide liquidity” under “INTERACT”. Then insert the smart contract address of IvanWifHat (IWH), specify the amount, and hit “PROVIDE LIQUIDITY”. Do the same for QuantumKurt (QTK).
4. Go QTK/IWH liquidity pool and examine the smart contract state to see your LP.
5. If you want to reclaim your liquidity and transfer the tokens back to your account, then use the “Reclaim liquidity” and “Withdraw” function.
You can find all DeFi smart contract templates here if you are interested in deploying your own DEX and explore all functionalities as operator. For more information on how to compile, deploy and interact with smart contracts, please visit the smart contract documentation. Connect with us on Discord for our tech Q&A and apply for our Grants Program if you are interested in building DeFi on mainnet.
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ZUG, 17 JUNE 2024. The first tranche of Partisia Blockchain’s highly anticipated 25 million MPC token AirDrop Program has ended. The rewards will be paid out soon after. We are pleased to see the heightened interest in the Partisia Blockchain AirDrop Program. The first tranche cemented the network’s strength and helped expand the ecosystem.
Important information
The next tranche–already in the works–will help power our DeFi suite of solutions. Participants, who keep their tokens bridged on Partisia Blockchain, will benefit from an early qualifying criteria for the second tranche of the 25 million MPC token AirDrop Program. Our Program offers unique opportunities for its participants and helps gain firsthand experience with multiparty computation (MPC) technology and test new dApps.
The second tranche of the AirDrop Program will focus on DeFi and solutions, such as Scalable Automated Market Makers (Scalable AMM), Interoperability (BYOC), Cross-Chain Custody (MOCCA) and Digital Identity. During the second tranche, planned for 2024, dApps and projects scaling DeFi solutions will be deployed on mainnet and expand the scope of new use cases.
We congratulate the participants of the début tranche and encourage them to participate in the next part of the Program.
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In the last week of May, the global healthcare community convened in Geneva for the 77th annual World Health Assembly of the World Health Organization. This significant event brought together corporate leaders, including pharmaceutical giants, insurance groups and hospital conglomerates, alongside government delegations from around the world. The assembly aimed to address pressing global health issues and explore innovative solutions.
A standout feature of our presence in Geneva was the active participation of Partisia Blockchain and its partner, the UNAIDS spin-off Health Innovation Exchange (HIEx). HIEx organized a series of high-profile events that tackled critical healthcare topics. Attendees included senior executives from Fortune 500 companies, healthcare professionals, fund managers, major foundations, technological innovators, donors, and high-ranking government officials, including ministers, vice ministers and ambassadors from multiple countries.
On 29 May 2024, Partisia Blockchain and HIEx marked a momentous occasion by unveiling a groundbreaking solution during a joint session. HIEx introduced a new platform, Vorne.ai, powered by Partisia Blockchain. This platform built on our technology addresses a significant challenge in healthcare fundraising: the lack of transparency regarding the impact of donations.
Vorne.ai revolutionizes the donation process by providing a simple one-click donation feature coupled with transparent value-chain reporting throughout the lifecycle of donated funds. This innovation allows donors to see the direct impact their contributions are making, enhancing trust and accountability.
Partisia Blockchain plays a pivotal role in this process by facilitating a one-to-one matching of donations with a stable token that is minted, used and tracked to ensure the traceability of each donation’s impact on supported causes. This cutting-edge technology was showcased to global delegations, demonstrating the transformative potential of blockchain and multiparty computation (MPC) technologies.
Our MPC technology is transforming healthcare, research and supply chains. This technology further enhances the capabilities of blockchain, offering new dimensions of security and privacy that are crucial for the healthcare sector. Here is how MPC is transforming various sectors:
Healthcare data privacy: MPC allows multiple parties to jointly compute a function over their inputs while keeping those inputs private. This is particularly valuable in healthcare, where patient data privacy is paramount. MPC enables secure data analysis and sharing among healthcare providers without compromising patient confidentiality, leading to better diagnosis and treatment outcomes.
Collaborative research: In the research sector, MPC facilitates secure collaboration between institutions. Researchers can share and analyze sensitive data without exposing it to unauthorized parties. This accelerates the pace of medical discoveries while maintaining data privacy and security.
Pharmaceutical industry: MPC technology ensures secure sharing of proprietary data among pharmaceutical companies during medicine development. It enables collaborative research and development while protecting intellectual property, thus fostering innovation, reducing inefficiencies and accelerating the creation of new therapies.
Medical supply chain management: MPC enhances supply chain transparency and security. By ensuring that sensitive information, such as components, pricing and supplier details, is protected, MPC allows stakeholders to verify the authenticity and quality of medical supplies without exposing confidential data. This leads to a more reliable and efficient supply chain.
Partisia Blockchain is proud to partner with HIEx in this groundbreaking initiative. Through this collaboration, we are making significant strides in realizing the United Nations Sustainable Development Goals (SDGs). Vorne.ai represents a critical first step in creating innovative solutions that address real-world issues in both the public and private sectors.
The 77th World Health Assembly highlighted the critical role of innovative technologies like blockchain in addressing global healthcare challenges. The unveiling of Vorne.ai by HIEx and Partisia Blockchain showcases the transformative potential of blockchain in creating transparent, efficient and impactful solutions for the healthcare sector. As we continue to advance these technologies, our commitment to supporting the UN SDGs remains unwavering. Through strategic partnerships and continuous innovation, we aim to transform the healthcare landscape, solving some of the world’s most pressing healthcare problems and making a tangible impact on global health and well-being.
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