ARPA Monthly Report | December Progress Review
Dear ARPA community,
To make sure that fellows of ARPA community are well informed of the latest developments of the team, we will update the project dynamics and progress in ARPA community in our monthly report. Thank you all for your support!
This is December in the rearview. Enjoy!
01 ARPA Development Dynamics & Technology Progress
MPC
- Blockchain-based privacy-preserving computation tool group standard was released. ARPA participated in the standard development
- Developed and published ARPA 2021 roadmap and milestone
- Set up the environment for large scale private set intersection test
- Compared and tested ABY3 and private-join-and-compute framework on large scale PSI
- Reorganized ARPA code base and ready to open source
- Maintained Official website, refined components, upgraded related library
- Maintained Mainnet website, refined components
Smart Contract
- Set up smart contract testing environment
- In-depth learning Ethereum EVM
02 Community, Marketing & Listings
ARPA Flash Token Burn
On Dec 30th, 11,111,111 ARPA (worth ～$340k) has been removed from the circulation forever — this is the largest single token burn in ARPA’s history!
TXID: 0xc95fcf904186b798a214bbe3ef39351172ee4f4a9933cf15d84eba48250d33e3
The Chinese Academy of Information and Communications(CAICT): Blockchain Needs to be Integrated with Privacy-Preserving Computation
On October 29th, 2020, the Chengdu Global Innovation and Entrepreneurship Fair — 1st International Blockchain Industry Expo was hosted in Western China International Expo City. The conference was jointly organized by Chengdu Municipal People’s Government, China Academy of Information and Communications Technology (hereinafter referred to as “CAICT”), and other related organizations.
ARPA is a leader in secure multi-party computing (MPC) technology. With MPC, operations can be performed on encrypted data, making the data available for analysis while keeping it invisible and secure. ARPA helps different organizations conduct data sharing, model training, and prediction while meeting user privacy protection requirements, data security policies, and regulations. Shared learning technology has been applied to various business scenarios such as credit, risk control, insurance, and government affairs.
Read more:
Five New Mining Pools Added to ARPA Mainnet
On Dec 24th, five new mining pools are added to ARPA mainnet. Current mining Pool hard cap 3,000,000 ARPA, min staking amount 50,000 ARPA, estimated APY 10–15%.
Participate now:
https://mainnet.arpachain.io/en
ARPA Russian Reps Joined the Commission on Blockchain Technologies and Crypto Economy of Russia
On Dec 10th, ARPA Russian representatives, Nik Anikin and Yan Khavanskiy were selected as members of The Commission on Blockchain Technologies and Crypto Economy of Russia.
Yan Khavanskiy, Nik Anikin, as ARPA Russian reps and the founders of Colibri Group, will bring their international experience, consulting practices, and analytical data to help the Commission to a better growth. They will also broaden the interaction and communication by provision of the research and applied experience of ARPA, Colibri Group, Xangle, and partner companies.
Nik Anikin is Director for Russia and the CIS for ARPA and Colibri Group CEO. He helps ARPA and the technologies behind (including Multi-party Computations) scale in the Russian-speaking countries. ARPA has been implementing multi-party computation (MPC) technology with industry giants.
Read more:
ARPA Co-founder Yemu Xu Attended APEC Voices of the Future 2020 Webinar as China Representative
On Nov 30th, ARPA co-founder & CGO Yemu Xu attended the APEC Voices of the future 2020 Webinar as one of the China representatives.
As one of the 30 pre-selected panelists from 21 APEC economies, Yemu was the only representative from economy China that was eligible to ask questions to the three distinguished panelists on stage.
During the panel discussions, Yemu put forward his insightful questions on the impact of COVID-19 on cryptocurrencies, and the answer from the panelists is more than excellent.
Read the scripts from the real-time Q & A:
About ARPA
ARPA is a blockchain-based solution for privacy-preserving computation, enabled by Multi-Party Computation (“MPC”). Founded in April 2018, the goal of ARPA is to separate data utility from ownership, and enable data renting. ARPA’s MPC protocol creates ways for multiple entities to collaboratively analyze data and extract data synergies, while keeping each party’s data input private and secure. ARPA allows secret sharing of private data, and the correctness of computation is verifiable using information-theoretic Message Authentication Code (MAC).
Developers can build privacy-preserving dApps on blockchains compatible with ARPA. Some immediate use cases include: credit anti-fraud, secure data wallet, precision marketing, joint AI model training, key management systems, etc. For example, banks using the ARPA network can share their credit blacklist with each other for risk management purposes without exposing their customer data or privacy.
Team members have worked at leading institutions such as Google, Amazon, Huawei, Fosun, Tsinghua University, Fidelity Investments. ARPA is currently assisting the China Academy of Information and Communications Technology in setting the national standard for secure multi-party computation. ARPA is a corporate member of MPC Alliance and IEEE and is in partnership with fortune 500 companies to implement proof-of-concepts and MPC products. In 2019, ARPA was named as the Top 10 most innovative blockchain companies in China by China Enterprise News and China Software Industry Association.
For more information about ARPA, or to join our team, please contact us at about@arpachain.io.
Learn about ARPA’s recent official news：
Telegram (English): https://t.me/arpa_community
Telegram (Việt Nam): https://t.me/ARPAVietnam
Telegram (Russian): https://t.me/arpa_community_ru
Telegram (Indonesian): https://t.me/Arpa_Indonesia
Telegram (Thai): https://t.me/Arpa_Thai
Telegram (Turkish): https://t.me/Arpa_Turkey
Telegram(Sri Lanka):https://t.me/arpa_srilanka
Telegram(Africa):https://t.me/arpaafrica
Korean Chats: https://open.kakao.com/o/giExbhmb (Kakao) & https://t.me/arpakoreanofficial (Telegram, new)
Medium: https://medium.com/@arpa
Twitter: @arpaofficial
Reddit: https://www.reddit.com/r/arpachain/
Facebook: https://www.facebook.com/ARPA-317434982266680/54
