ZUG, 13 MARCH 2024. Partisia Blockchain, a leader in privacy-preserving, interoperable and sustainable blockchain solutions, has been notified by multiple exchanges that they plan to list the MPC token. This pivotal development marks a significant milestone for the Partisia Blockchain ecosystem and reflects the growing recognition and demand for the MPC token within the broader blockchain industry.
The MPC token, named after the multiparty computation technology pioneered by Professor and co-founder of Partisia Ivan Damgård in 1988, serves as the cornerstone of the Partisia Blockchain, embodying a unique and revolutionary approach to blockchain technology. The MPC technology maintains data encryption in all possible states, safeguarding underlying information and giving users enhanced control over data. Unlike traditional digital assets, the MPC token plays a multifaceted role within the ecosystem, serving as essential collateral and incentivizing active participation in network operations.
At its core, the MPC token functions as the linchpin of the Partisia Blockchain’s security framework. As a fundamental component staked to all nodes within the network, the MPC token ensures the integrity and resilience of the entire ecosystem. Its innovative collateralization model sets a new standard for blockchain security, underpinning trust and reliability in every transaction conducted on the Partisia Blockchain.
Kurt Nielsen, President of the Partisia Blockchain, says:
“The listing of the MPC token on multiple exchanges represents a pivotal moment in our journey to redefine the landscape of blockchain technology. We are excited to expand the accessibility of the MPC token to a broader audience of contributors, developers, and enthusiasts, thereby unlocking new opportunities for growth and innovation within the Partisia Blockchain ecosystem.”
For users actively engaged in network operations, the MPC token offers a dual-purpose mechanism for participation and rewards. Node operators are not only rewarded with transaction fees in the form of Bring Your Own Coin (BYOC), such as ETH, USDC, USDT, BNB and MATIC, but also earn MPC ecosystem rewards, incentivizing ongoing contribution to the network’s robustness and security.
Furthermore, the Partisia Blockchain introduces an innovative staking mechanism, allowing participants to stake their MPC tokens in other nodes. This process not only enhances network security by adding layers of additional insurance and collateral but also democratizes the benefits of network participation, ensuring inclusivity and equity among all ecosystem participants.
The listing of the MPC token on multiple exchanges underscores Partisia Blockchain’s commitment to fostering a vibrant and dynamic ecosystem of decentralized innovation. As the demand for secure and scalable blockchain solutions continues to grow, the MPC token stands poised to lead the charge towards a more resilient and inclusive future for blockchain technology.
The exchanges set to announce the exact timing of the MPC token listing on their respective platforms.
About Partisia Blockchain: Partisia Blockchain is the Web 3.0 public blockchain built for trust, transparency, privacy, and fast turnaround times. Its unique combination of advanced cryptographic techniques and distributed computing principles sets it apart. By leveraging secure multiparty computation (MPC), Partisia Blockchain ensures privacy preservation without sacrificing efficiency, speed or security. Each day since 1988, Partisia is paving the way for anyone to create blockchain solutions to solve real use cases and tomorrow’s challenges – for real people. Learn more: www.PartisiaBlockchain.com
Stay updated: Website • X • Discord • Telegram • LinkedIn • Facebook • Instagram • GitLab • Medium • YouTube
TBILISI, 8 FEBRUARY 2024. Today, Partisia Blockchain, a leader in privacy-preserving, interoperable and sustainable blockchain solutions, achieved a significant milestone in advancing innovation by solidifying ties with Georgia’s Innovation and Technology Agency (GITA) under the Ministry of Economy and Sustainable Development. The signing of a Memorandum of Understanding in Tbilisi marks a pivotal moment in the ongoing efforts to promote innovation using multiparty computation (MPC) and blockchain technologies in Georgia.
The ceremony in the Caucasus nation’s capital follows the successful launch of Partisia Blockchain’s MPC On-Chain Custody Advanced solution (MOCCA) and discussions during the World Economic Forum in Davos about future endeavors with potential partners.
The signing ceremony in Tbilisi drew national state officials, Georgian blockchain industry players, students, Tbilisian press corps and the Partisia Blockchain delegation.
Brian Gallagher, Co-Founder of Partisia Blockchain, says:
“Today’s signing with GITA goes beyond paperwork. It signifies our commitment to driving innovation in Georgia and beyond. Our combined expertise in MPC and blockchain will bring new secure, transparent and decentralized solutions. This initiative exemplifies the power of combining expertise from the public and private sectors. Together, we will shape the future of blockchain technology, ensuring its responsible and widespread adoption.”
In this groundbreaking initiative, GITA and Partisia Blockchain are set to fuel innovation by working closely. GITA will provide crucial support for Partisia Blockchain’s involvement in Georgian blockchain and Web3 ecosystem. Simultaneously, Partisia Blockchain will lend its expertise to assess and contribute to projects in GITA programs, extending grants and technical support where needed.
Ensuring seamless communication, GITA will act as a bridge, fostering dialogue between Partisia Blockchain and various stakeholders, including the Georgian public and private sectors and academia.
Education is a cornerstone of this understanding. Partisia Blockchain will play a key role in shaping the minds of participants in GITA’s educational programs, contributing insights on MPC, homomorphic encryption and their integration with blockchain technology. This commitment to education reflects the shared vision of advancing technology while ensuring knowledge and understanding pave the way for a sustainable future.
Avtandil Kasradze, Chairperson of Georgia’s Innovation and Technology Agency, emphasized the significance of the understanding:
“GITA is excited to join forces with Partisia Blockchain. This understanding aligns with our mission to integrate cutting-edge technologies into various economic sectors, fostering innovation and ensuring a competitive edge for Georgia. By collaborating with industry leaders like Partisia Blockchain, GITA aims to propel Georgia to the forefront of technological innovation. We look forward to a fruitful understanding that will benefit our nation and the global technology community.”
Partisia Blockchain is committed to playing an active role in GITA’s initiatives, contributing meaningfully to the local and global blockchain conversation.
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 Georgia’s Innovation and Technology Agency (GITA): Georgia’s Innovation and Technology Agency (GITA) under the Ministry of Economy and Sustainable Development is dedicated to fostering innovation and technology. By prioritizing infrastructure development, opening technoparks and innovation centers, GITA aims to integrate cutting-edge technologies into all economic sectors. The state Agency focuses on increasing investment capital, engaging private businesses and enhancing research through effective processes. GITA’s commitment extends to widespread internet access, quality training, and incentives to drive innovation and technology development, ensuring a competitive edge. Learn more: www.gita.gov.ge
Stay updated: Website • X • Discord • Telegram • LinkedIn • Facebook • Instagram • GitLab • Medium • YouTube
Introducing Partisia Blockchain’s highly anticipated AirDrop program. We are thrilled to launch the Partisia Blockchain AirDrop program. It marks a significant milestone for ecosystem adoption. With the upcoming governance vote for the MPC token transferability just around the corner, this is a testament for the Partisia Blockchain’s vision. The program features an impressive pool size of 25 million MPC tokens. The program offers an unparalleled opportunity for the early adopters of the Partisia Blockchain.
The first tranche of the 25 million MPC token AirDrop program will kickstart the further expansion of our ecosystem.
As we prepare for the MPC token listing – outlined in the December 2023 update – this AirDrop program is designed to invigorate the ecosystem. For the début AirDrop tranche, we value continuous activity and contributions within the ecosystem. Detailed participation information is available on the official AirDrop program webpage.
In the last 12 months, the Partisia Blockchain ecosystem has rapidly grown. It attracts builders and innovators from various industries, and this is your chance to be rewarded for participating in the official launch. Innovators, such as MetaNames, are offering decentralized domain name services are prime examples. The deployment of these dApps to mainnet is a crucial step in fostering growth and creating a synergistic ecosystem. They empower and bring to life collaborations between dApps and broadening the scope of new use cases. As the AirDrop program takes place, more dApps will deploy on mainnet to chart an exciting AirDrop journey. We encourage participants to deploy their own contracts with the smart contract IDE, DApp playground.
Stay updated: Website • X • Discord • Telegram • LinkedIn • Facebook • Instagram • GitLab • Medium • YouTube