ARPA Monthly Report | February Progress Review

Dear ARPA community,

To ensure that the ARPA community is well-informed on the team’s latest improvement, we update ARPA’s development dynamics and progress through our monthly report. Thank you all for your support!

This is a look back at February. Enjoy!

01 ARPA Development Dynamics & Technology Progress

  1. Tested the Performance of Large Scale PIR Application on Open Health Database
  2. Built the ARPA Computation Node for Cloud Service
  3. Moved IEEE Shared Machine Learning Standard to SA Ballot
  4. Proposed the Cryptography Algorithm Security Level Requirement for PPC Products Standard
  5. Researched the On-chain Verifiable Random Function

02 Community, Marketing & Listings

On Feb 20th, ARPA Co-founder & CEO Felix Xu and Co-founder & CGO Yemu Xu were invited to speak at the Synopsis 2021 Digital Economy Summit. Yemu gave an insightful speech on privacy preservation and the future trend of DeFi.

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On Jan 31st, ARPA Holding Challenge on Safepal ended. In total, 2828 airdrops were distributed, and the entire amount held reached 12,726,000 ARPA during the challenge! Thank you all for your support. We’ll bring more cooperation and good news soon!

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On Feb 8th, ARPA became available on Bella Flex Savings v2 for ARPA holders to deposit and stake bARPA to earn extra rewards. As of Feb 25th, the AUM for the ARPA pool reaches $2.5 million on Flex Savings v2. ARPA encourages holders to participate at fscn.bella.fi

On Feb 7th, Huobi announced that $ARPA would be launched as one of the anchor tokens on the Huobi Ecological Chain HECO. This will further extend the use cases of $ARPA. Applications such as lending and mining on HECO are underway, so stay tuned!

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In mid-Feb, the 2nd round of BEL airdrop for ARPA holders on partner exchanges: Huobi, Bithumb, Gate, KuCoin, MXC, and HBTC is completed. 250,000 BEL (approximately $802,500 U.S. dollars as of Feb 24th) was airdropped to ARPA holders.

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On Feb 4th, ARPA is added to the list of supported assets on Binance Savings. The ARPA 15-day staking product was fully subscribed. Thank you all for your support.

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On Feb 1st, ARPA held a technology quiz on Coindar as the 2021 Synopsis warm-up. The event ended on Feb 18th. A total of 20,000 $ARPA will be sent out to the ten lucky winners. More events are on the way!

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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 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 proofs-of-concept and MPC products. In 2019, ARPA was named 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

ARPA is a privacy-preserving blockchain infrastructure enabled by MPC. Learn more at arpachain.io

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