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
- Researched on DKG protocols
- Started implementing RandCast Demo
- Researched on existing consensus mechanisms for BLS
- Completed design draft for Randcast
- Planned development milestones for Randcast
02 Community, Marketing & Listings
Felix Xu | Documenting the NFT voyage: A journey into the future
It is undoubtful that NFTs are unlocking a hitherto unexplored territory of digital ownership and asset provenance by utilizing blockchain technology. On March 19th, Venturebeat featured an article written by Felix Xu, the co-founder and CEO of ARPA and Bella Protocol. The article adopted a chronological approach to explain the NFT craze and what lies ahead of us, aiming to help us grasp the extraordinary success story of NFTs.
Read the full article here:
A Random Walk Along Blockchain Avenue Section 1: Inception & Fundamentals
On March 18th, ARPA posted the Section 1: Inception & Fundamentals of its series of knowledge-sharing articles: A Random Walk Along Blockchain Avenue. As you must have noticed, Bitcoin, crypto, and blockchain have been the most trending topics and the ultimate buzzwords for the past few years. We want to walk you through the history of blockchain and help you understand the behind-the-scenes catalysts driving the market. This section will trace back to the inception of blockchain and help you review some fundamentals to be ready for the further journey in the following series. Enjoy!
ARPA Listed in Top Projects with Fully Diluted Market Cap of $100M — $200M by CryptoDep
On March 18th, ARPA was listed in the “Top Projects with Fully Diluted Market Cap of $100M — $200M” by CryptoDep. We appreciate all your faith and support! More to come!
Felix Xu | Speaker at SXSW 2022
On March 12th, Felix Xu, the cofounder of ARPA, was invited to speak at SXSW 2022, the world’s largest art festival that helps creative people share ideas and achieve their goals since 1987. Felix pictured the future of innovative tools such as ARPA’s verifiable random beacon Randcast and envisioned how it would enlighten the digital art market: “The number of art increases as blockchain technology becomes more mature… You have the tools for creation and the tools to facilitate the transactions.”
Watch Felix’s Block/Talks recording from SXSW 2022 and see how a thriving new wave of makers like us are creating a cultural movement in the digital art market here:
Yemu Xu | Speaker at Horasis USA Meeting 2022
On March 4th, Yemu Xu, the co-founder of ARPA, was invited to speak at the Horasis USA Meeting 2022. The Horasis USA Meeting is the foremost annual gathering of American business and political leaders and their global counterparts. Horasis brings together well over 800 exceptional panelists and keynote speakers to overcome the profound economic, political, and social disruptions caused by COVID-19 and shape America’s role in the post-COVID world. Yemu shared his entrepreneurial insights toward a lasting cyber transformation. During Yemu’s session, he suggested how regulators will engage in cyber-coin management and what rules and regulations should be incorporated to manage the sector locally and internationally as blockchain is the base of the crypto-services. We were proud to be gathered with those incredible minds and national policymakers as well as have the opportunity to shed light on the tech and economic development of the United States.
Newsbtc | Onboarding Towards Crypto Mass Adoption
Disrupting user-oriented services like Data Management Platforms (DMP) and Creator Economies is one of the prominent outcomes of leveraging blockchain technology. Blockchain-based solutions can improve these services, providing better security, privacy, and transparency, especially concerning personal and sensitive data. On March 1st, Newsbtc mentioned ARPA in its ‘Onboarding Towards Crypto Mass Adoption’ article and pictured how ARPA’s Randcast technology will use cryptographic methods to provide a secure, fast, and affordable way for projects to generate onchain verifiable random numbers. Verifiable randomness can improve the transparency of minting NFTs, blockchain gaming, generative art, and more.
Read the whole article here:
ARPA Partners with Quantum Music to Bring Multi-Billion Influencer Economy to Web3.0
We are thrilled to announce that ARPA and Quantum Music, a Chicago-based online marketplace for the influencer economy focusing on Asia, formed a strategic partnership on February 28th. We believe this collaboration will better orient Quantum Music in its exploration in Web3.0 and metaverse and bring mass adoption to ARPA’s products and technology.
Read more about the partnership here:
Newsbtc also featured this partnership and explained how Quantum Music would leverage ARPA’s RNG technology to help Asian influencers on their web 3.0 expedition:
Global CM Monthly Catch Up
On February 24th, ARPA had a great monthly catch-up meeting with its global community managers. We have heard lots of thoughtful feedback from our local communities and consistently work hard to meet everyone’s needs and expectations. Our co-founders, Felix Xu and Yemu Xu, also shared their recent fun stories with everyone! We enjoyed the conversation a lot, and together we will help ARPA achieve further!
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 the 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 (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
