Building privacy in Web3 powered by Partisia’s MPC

Building privacy in Web3 powered by Partisia’s MPC

Our hackathon is live: Take part in building privacy in Web3

We are thrilled to announce the launch of our groundbreaking hackathon, Building privacy in Web3 powered by Partisia’s MPC. This exciting event brings together innovators, creators and tech enthusiasts to collaborate on solutions that prioritize privacy, security and ethical data practices.

Tech for wider good

At the heart of our hackathon is the belief in technology for the greater good. The solutions birthed from our hackathon will not only revolutionize data security, but also serve the world by adhering to the highest ethical standards. Each innovation contributes to positive societal impact, empowering the next generation of data security experts. We are committed to showcasing how these solutions address privacy concerns and shield individuals from harmful activities, such as data theft. Moreover, these showcases will later fuel educational workshops and webinars, sharing insights for a safer digital future.

Join us in using the power of technology for good. Be part of the movement, amplify the message and let’s build a more secure Web3 together.

Link to apply: https://partisiablockchain.devpost.com/

Submission deadline: 30 January 2024
Winner announcement: 13 February 2024

Do not forget to tag us and use these hashtags: #BuildingPrivacyInWeb3 #PartisiaBlockchain #MPC

Stay tuned for more updates as we highlight participating teams and showcase the incredible innovations shaping the future of privacy in Web3.

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Transforming digital identity management in Switzerland with zero-knowledge

Transforming digital identity management in Switzerland with zero-knowledge

ZUG, 27 NOVEMBER 2023. In a groundbreaking collaboration, Partisia Blockchain and the University of Applied Sciences and Arts Western Switzerland (HES-SO Valais-Wallis) are poised to transform the management of digital identities for Swiss citizens. This partnership aims to develop a decentralized electronic identity system in harmony with the Swiss Federal Council’s unwavering commitment to data privacy and security.

This collaboration marks a significant leap toward redefining digital identity management in Switzerland. The joint project aims to empower individuals with control over their personal data, ensuring a future where privacy and security are not compromised.

The primary objective of this project is to define the architecture for a self-sovereign identity (SSI)-based electronic identity (e-ID), creating a minimum viable product (MVP) and seamlessly integrating it into a public administration portal.

The SSI solution empowers citizens by enabling them to wield credentials issued by public administrations in mobile applications, offering the autonomy to select the data they disclose when accessing services. Central to this innovation is the blockchain technology, with Partisia Blockchain at the forefront, introducing a fast, sustainable, and privacy-centric blockchain solution.

Kurt Nielsen, PhD, President of Partisia Blockchain, says:

“Our aim is to place control firmly in the hands of individuals, allowing them to become the ultimate custodians of their personal information. This approach not only enhances privacy but also elevates the level of security that individuals can expect from digital identity management.”

Partisia Blockchain, known for its proficiency in zero-knowledge and private smart contracts, provides a platform where individuals exercise absolute control over their personal data. This decentralized system ensures that the individual is the ultimate owner of their information, setting a new standard in privacy and security.

Jean-Luc Beuchat, Professor at HES-SO Valais-Wallis, says:

“We are thrilled to introduce our SSI solution, designed to provide a simple, secure, and open-source approach to digital identity management. Its versatility makes it ideal for a wide range of applications, from government-issued e-IDs to humanitarian aid initiatives. Our scalable solution can be seamlessly adapted to meet the unique requirements of diverse organizations.”

In response to the rejection of the Federal Act on Electronic Identification Services (e-ID Act) by Swiss citizens in March 2021, the Swiss Federal Council promptly recommended Parliament to approve six motions addressing citizens’ concerns and proposing a new e-ID Act. This led to the drafting of technical solutions by the Federal Office of Justice (FOJ), including the discussion paper on the target vision for an e-ID in August 2021. The paper outlined three technical approaches: a state identity provider, a public-key infrastructure, and self-sovereign identity (SSI). Opting for the latter approach, the Federal Council is in the final stages of concluding consultations before the year’s end.

The solution developed by Partisia Blockchain, DuoKey and HES-SO Valais-Wallis is slated for presentation to the Swiss Federal Department of Justice before Christmas. Emphasizing its various benefits, including non-disclosure of personal information, data usability for statistics and planning without revealing personal information, and its compliance with Swiss legislation, this solution aligns seamlessly with the vision outlined by the Swiss Federal Council.

The Partisia Blockchain and HES-SO Valais-Wallis’ joint solution is a pivotal moment in reshaping digital identity management in Switzerland, emphasizing a commitment to privacy, security, and a decentralized approach. The joint efforts aim to echo the Swiss regulations of data governance, prioritizing individual empowerment and stringent privacy measures.

The system relies on verifiable credentials (VCs) to ensure secure and privacy-preserving authentication along with SD-JWT selective disclosure. Managed through smart contracts deployed by a universally trusted governance framework, citizens can securely log into various web portals using these credentials. Supported by proven cryptographic techniques, this system maintains data integrity and privacy, ensuring a robust digital identity management solution.

Energy efficiency, scalability, and security have been at the core of our solution as well. Partisia Blockchain not only offers a sustainable choice but also ensures the scalability needed to accommodate any number of users while upholding the highest standards of security.

The collaboration between Partisia Blockchain, DuoKey and HES-SO Valais-Wallis marks a pivotal step forward in digital identity management in Switzerland, particularly in the context of the broader European landscape where projects, such as the European Union’s e-ID, are sparking discussions about privacy and data security. By focusing on an SSI-based e-ID and utilizing zero-knowledge and private smart contracts, this solution aims to empower individuals with unparalleled control over their personal data. This approach not only ensures robust privacy and security, but also sets a new standard in digital identity management, highlighting user empowerment and a commitment to a decentralized framework.

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 HES-SO Valais-Wallis: HES-SO Valais-Wallis, a pioneering institution, hosts eleven Bachelor’s degree and three PEI study programs, and houses nine research institutes. It stands as a prominent hub fostering skills and innovation, meticulously grooming students for the professional realm. Enriching economic and social landscapes, this institution significantly contributes to job creation within the canton of Valais. With approximately 2,800 students, HES-SO Valais-Wallis comprises five distinct schools: the School of Art, School of Management, School of Engineering, School of Health Sciences, and School of Social Work.

About DuoKey: DuoKey is a cybersecurity company specializing in encryption and key management solutions. The company offers advanced key management services and double key encryption systems designed to provide unparalleled data protection across cloud and hosted applications. DuoKey primarily serves industries requiring high levels of data security, such as financial services, healthcare, and government sectors. It was founded in 2020 and is based in Lausanne, Switzerland.

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Unveiling the future of Web3 at the European Blockchain Convention

Unveiling the future of Web3 at the European Blockchain Convention

The European Blockchain Convention, held in Barcelona on 25-26 October 2023, was a celebration of Web3 innovation, attracting passionate individuals and organizations eager to shape the digital future. As an attendee, I had the pleasure of meeting numerous Web3 projects and industry experts who expressed genuine enthusiasm about Partisia Blockchain’s revolutionary applications of secure multiparty computation technology (MPC) and hybrid blockchains.

It was heartening to see how they not only appreciated our contributions to privacy-enhancing technologies and blockchain infrastructure but also wanted to continue the conversation, with the aim of becoming builders within our ecosystem.

The convention served as a testament to the collaborative spirit and shared vision of creating a more decentralized, user-centric digital world. Over these two days, attendees were treated to enlightening talks from some of the industry’s finest minds and exposed to game-changing topics such as privacy, secure infrastructure, Real World Assets (RWA), digital identity, ESG (Environmental, Social, and Governance) principles, and interoperability. In this recap, we will delve into the highlights of this groundbreaking convention and the key takeaways that promise to shape the future of Web3.

Privacy takes center stage

Privacy has always been a concern in the digital age, and the Web3 movement is no exception. At the European Blockchain Convention, it became clear that privacy is a fundamental pillar of the Web3 ecosystem. Discussions revolved around how blockchain technology and state-of-the-art cryptography such as MPC and fully homomorphic encryption (FHE) can offer users and businesses greater control over their data, preserve privacy and comply with regulations, while still being able to compute on it. Solutions that ensure data sovereignty while enabling secure and private computation were showcased, setting the stage for a future where privacy is not compromised for convenience.

Building secure infrastructure

Web3 is all about decentralization and putting control back in the hands of users. Building secure infrastructure is essential to achieving this goal. The convention brought together a diverse group of experts, infrastructure builders, and enterprises dedicated to creating scalable and decentralized networks with high performance and interpretability to other ecosystems. The discussions highlighted the vital role of infrastructure in the success of Web3 projects and the importance of continuous innovation in this field.

Real-world assets (RWA) unleashed

Web3’s potential goes far beyond digital currencies and non-fungible tokens. Real World Assets (RWA) are making their presence known, bridging the gap between the physical and digital worlds. Several projects showcased at the convention are pioneering solutions that enable the representation and transfer of real-world assets on blockchain networks. This innovation is set to revolutionize industries such as real estate, finance, and supply chain management by tokenizing assets and unlocking new opportunities for global trade and investment.

Digital identity reinvented

Digital identity is at the core of Web3’s promise to empower individuals in the digital space. Convention attendees learned how blockchain technology is redefining digital identity, putting users in control of their personal information. Projects focused on self-sovereign identity and decentralized identity management solutions are emerging as key players in the Web3 ecosystem. The discussions at the event explored the importance of identity ownership, the elimination of central authorities, and the protection of user data. Several identity projects showed great interest in the prospect of Partisia Blockchain’s MPC technology that can enhance digital identity with self-sovereign storage and private computation.

ESG principles and Web3

A significant addition to the conversations at the convention was the integration of ESG principles into Web3 technologies. Environmental, Social, and Governance factors are increasingly seen as essential components of sustainable and responsible business practices. Many Web3 projects and enterprises are actively incorporating ESG considerations into their strategies. This commitment to sustainability and ethical governance aligns with the broader global movement towards a more environmentally friendly, equitable, and responsible future.

One groundbreaking topic that garnered significant attention was the tokenization of carbon credits. Several Web3 projects are pioneering the digitization of carbon credits, which allows for more accessible and efficient trading and tracking of carbon emissions. By incorporating blockchain technology, Web3 is poised to revolutionize the way we combat climate change. This innovative approach facilitates transparency in carbon trading, encourages environmental responsibility, and furthers the cause of reducing carbon footprints.

Embracing interoperability

Interoperability emerged as a pivotal theme at the convention, underscoring the need for different blockchain networks and Web3 projects to work seamlessly together. The Web3 ecosystem thrives when disparate platforms can communicate and transact with one another. Projects showcased solutions for cross-chain interoperability, allowing assets and data to flow freely between different blockchains. This interconnected Web3 infrastructure promises to unlock new levels of innovation and efficiency by fostering collaboration across the ecosystem.

Conclusion

The European Blockchain Convention in Barcelona was a testament to the growing momentum of the Web3 movement. With a keen focus on privacy, secure infrastructure, Real World Assets (RWA), digital identity, ESG principles, and interoperability, the event provided a snapshot of the innovations and solutions that are shaping the future of Web3.

As we move forward, these discussions and projects will continue to play a pivotal role in building a decentralized, user-centric digital world that addresses the challenges of today and paves the way for a brighter tomorrow. We were honored to witness the strong interest in Partisia Blockchain’s MPC technology and the desire of many projects to join our ecosystem, and we look forward to forging new alliances and innovations in the Web3 landscape.

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