Partisia Blockchain joins ERC3643 Association to adopt RWA standards

Partisia Blockchain joins ERC3643 Association to adopt RWA standards

  • Membership enhances compliance, privacy and security for contributors and regulators
  • Fosters greater innovation with other entities in the ERC3643 Association
  • Provides a platform for Partisia Blockchain to shape future compliance and RWA standards

ZUG, 21 AUGUST 2024. Partisia Blockchain, a leading innovator in privacy and regulatory compliance within the blockchain space, is pleased to announce its membership in the ERC3643 Association, the official standard-setting body for Real World Asset (RWA) tokenization. This strategic partnership underscores Partisia Blockchain’s commitment to advancing secure and compliant tokenization standards, marking a significant milestone in the integration of real-world assets on the Partisia Blockchain.

Real World Asset (RWA) tokenization involves the creation of digital tokens representing ownership or stakes in physical or financial assets, such as real estate, commodities or intellectual property. This process holds vast potential to revolutionize asset management by enhancing liquidity, transparency and accessibility. However, the key challenge lies in achieving regulatory compliance and ensuring data privacy during these transactions.

The ERC3643 Association is dedicated to establishing and maintaining rigorous standards for RWA tokenization. The ERC3643 standard is specifically designed to ensure that tokenized assets meet regulatory requirements, providing a secure and compliant framework for digital asset transactions. By adhering to these standards, blockchain platforms can seamlessly integrate real-world assets into the digital economy, ensuring both compliance and security for all stakeholders.

Partisia Blockchain’s decision to join the ERC3643 Association is a testament to its dedication to enhancing its capabilities in compliant RWA tokenization. As a member, Partisia Blockchain will leverage its advanced privacy-focused technology to create a more robust environment for tokenizing real-world assets that has the potential to transform how traditional equities and clearing markets operate.

Shirly Valge, Chief of Growth at Partisia Blockchain, says:

“This strategic alliance will enable Partisia Blockchain to ensure that its RWA tokenization processes adhere to the highest regulatory standards, providing confidence to users, contributors and regulators alike. It will also ensure RWA transactions are more secure with sensitive data protected which will hopefully provide greater assurance so more investors and companies feel comfortable engaging with blockchain technology. Harmonization of standards and greater regulatory clarity should help propel RWAs on a global scale.”

Partisia Blockchain’s inclusion in the ERC3643 Association represents a pivotal moment in its mission to lead the market in privacy-preserving and regulatory-compliant solutions for RWA tokenization. By aligning with the ERC3643 standard, Partisia Blockchain is poised to set new benchmarks in the secure and compliant integration of real-world assets into the blockchain ecosystem.

This alliance not only reinforces Partisia Blockchain’s commitment to regulatory compliance, but also highlights its dedication to driving the future of secure and compliant real-world asset tokenization. As the blockchain industry continues to evolve, Partisia Blockchain is positioned at the forefront of this transformation, delivering innovative solutions that meet the needs of a rapidly changing digital economy.

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 ERC3643 Association: The ERC3643 Association is a non-profit organization regrouping industry leaders within a shared mission to advance the adoption of the ERC-3643 standard and promote the development of a standardized, secure, and compliant tokenization framework. The association brings together the expertise and resources of its members to foster collaboration, drive innovation, and create a more inclusive, efficient, and secure financial landscape. Learn more: www.erc3643.org

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MPC token now supported by Koala Wallet

MPC token now supported by Koala Wallet

ZUG, 20 AUGUST 2024. Partisia Blockchain, a pioneer in privacy-preserving blockchain solutions, is proud to announce that its MPC token is now supported by Koala Wallet, a leading mobile wallet provider. This integration signifies a major milestone in enhancing the accessibility and security of the MPC token, offering users a new and convenient way to manage their digital assets on the go.

Koala Wallet is the first mobile and cross-chain wallet supporting MPC token, significantly expanding the user base and accessibility.

The inclusion of the MPC token in Koala Wallet further broadens the ecosystem of platforms supporting Partisia Blockchain’s innovative technology. Already compatible with MPC Wallet, MetaMask Snaps, Ledger and Partiwallet, the addition of Koala Wallet underscores the growing demand for secure and user-friendly solutions in the digital asset space.

The MPC token leverages Partisia Blockchain’s cutting-edge multiparty computation technology to ensure that all transactions are privacy-preserving and secure. Koala Wallet’s robust security measures further protect users’ digital assets, offering peace of mind in every transaction.

With the Koala Wallet app, users can now manage their MPC tokens anytime and anywhere. This mobile accessibility is crucial for asset holders who require seamless and secure on-the-go management. The integration into Koala Wallet extends the reach of the MPC token, providing users with more choices in how they manage and secure their assets.

This integration is a significant step forward in Partisia Blockchain’s mission to deliver secure, privacy-preserving solutions to the blockchain community. By partnering with Koala Wallet, Partisia Blockchain is making it easier for users to manage their MPC tokens within a secure and accessible mobile environment.

Shirly Valge, Chief of Growth at Partisia Blockchain, says:

“The integration with Koala Wallet not only strengthens the position of the MPC token within the broader blockchain ecosystem, but also highlights Partisia Blockchain’s commitment to advancing the usability and security of digital assets. As the need for secure transactions continues to grow, this collaboration ensures that users have access to a mobile wallet that prioritizes both security and convenience. MPC technology helps provide assurance for those who believe in blockchain technology’s potential but at the same time have concerns regarding input privacy.”

Partisia Blockchain is excited about the opportunities this integration brings and remains dedicated to expanding the reach and utility of the MPC token. As the blockchain industry evolves, Partisia Blockchain will continue to collaborate with leading platforms to deliver innovative, secure and user-friendly solutions that meet the needs of digital asset holders.

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 Koala Wallet: Koala Wallet is a secure and user-friendly mobile wallet designed to simplify digital asset management. Supporting a wide range of tokens, Koala Wallet prioritizes security, privacy and convenience, making it easy for users to manage their assets on the go. Trusted by thousands, Koala Wallet is committed to delivering a seamless and secure experience for cryptocurrency holders worldwide. Learn more: www.KoalaWallet.io

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Muwpay — the ultimate “smart wallet” experience on Web3

Muwpay — the ultimate “smart wallet” experience on Web3

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:

  • Add tokens from multiple wallets in a few clicks.
  • Reducing the burden of relying on multiple bridges and DEX aggregators to manually do the transfers.
  • Providing best price and low slippage trades by making the on-chain orderbook resistant to front-running.
  • Ensuring that your funds do not get exploited by keeping features such as transferring limited allowance tokens, possibility to revert tokens.
  • Support for both hardware and software wallets.
  • Being able to search other wallets using ENS like naming service.

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:

  1. Create your account on Partisia using an external hard wallet and soon from a traditional Web2 account
  2. Create smart account (on-chain smart contract wallet working similarly in terms of multi-sig)
  3. Integrate various wallets and their tokens that you want to use in order to pay other accounts
  4. Define the destination address that you want to pay the amount along with the destination token address and the constraints (maximum percentage of slippage, minimum amount out etc.)
  5. Click on transfer (aka Muwped)

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:

  1. Bring Your Own Coin using Hermez Bridge: this allows wallets to reduce the challenge of onboarding collateral tokens from the Ethereum ecosystem. All of the tokens will be represented as 1:1 wrapped versions of the underlying asset, which can be transferred P2P between the wallets, and then redeemed into the original amount. Thus. bringing significant adoption.
  2. ZK MPC compute and possibility for segmenting public and private parameters in contracts: This has been of significant help in developing contracts that keep certain computations private (like computation of gas fees and transaction ordering in the order book), but allowing possibility to generate the proofs regarding the nature of data. This helps us to resolve the issues regarding front-running, keeping information about the users sub wallets private, etc.
  3. Dynamic scalability of producing shards: helps to significantly scale our capacity of our transactions and not being usually blocked due to the bottlenecks introduced due to the periods of intense usage, and, thus, providing more stability.
  4. Having decentralized consensus of oracles to insure safety from malicious price and providing high availability of the pricing feeds for the mainnet tokens.

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.

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