We are excited to share with you today that ARPA officially announces strategic partnership with MultiVAC, a high-throughput flexible blockchain platform based on trusted sharding computation. We will deepen our cooperation in the fields of privacy-preserving computation and data sharing. Combining our technological advantages, we will jointly build a new generation service platform of privacy-preserving computation.
MultiVAC is high-throughput flexible blockchain platform based on trusted sharding computation. It’s a next-generation public blockchain platform built for integration with large-scale decentralized applications (dApps), which pays much attention to users’ privacy and security. MultiVAC pioneers the Trusted Probability Model of blockchain network taking into account a variety of factors, including honest node ratio, consensus safety level, network partition, etc. The CAP theorem is mapped to a probability model that can be implemented and quantified. MultiVAC can achieve the same consensus security level in a selectable and verifiable nodes shard as in the whole network.
The establishment of a strategic partnership between MultiVAC and ARPA is a key landmark for both sides. DApp developers on MultiVAC can freely use a secure computation network in APRA to guarantee users’ privacy and security. MultiVAC will deepen its cooperation with ARPA in sensitive information inquiry and big data marketing in the short term. In the future, we may expand our cooperation in the fields of finance and medical treatment in enterprises.
ARPA provides cryptography- and blockchain-based data privacy solutions for blockchains and enterprises. ARPA’s cutting-edge research on secure Multi-party Computation enables private smart contract, unprecedented data-at-use privacy protection, as well as scalable computational sharding.
As a layer 2 privacy solution, ARPA will equip current blockchains with a privacy-preserving option for developers to build highly efficient DApps on private smart contracts.
With ARPA network, enterprise and individual data can be analyzed or utilized without being exposed to anyone. In return, the data provider will be able to receive fair compensation every time their data gets used, without putting their privacy at risk.
ARPA’s highly-international core team consists of renowned cryptographers from Tsinghua University, system architects from wall street hedge funds, seasoned engineers from Google, Uber, Amazon, Huawei and Mitsubishi, blockchain experts from the University of Tokyo and Wanxiang blockchain labs, data scientists from AIG, World Bank, CircleUp, as well as venture investors and consultants from Fosun and Fidelity Investments.
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