ARPA Monthly Report | June 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 June in the rearview. Enjoy!

01 ARPA Development Dynamics & Technology Progress

DeFi

  1. Began the first iteration cycle of the DeFi project.
  2. Scheduled engineering development tasks.
  3. Finalized smart contract security testing strategies.
  4. Completed the basic concepts section of the DeFi white paper.
  5. Designed the DeFi governance voting mechanism.
  6. Integrated and optimized Dapp-wallet connecting schemes.
  7. Implemented modularization conforming to overall smart contract architecture design.
  8. Locally built and tested smart contract testing solution.
  9. Researched DeFi-specific smart contract security issues.
  10. Finished the design of the registration and authorization system for the e-wallet user.
  11. Confirmed the CI/CD workflow and began the environment configuration.
  12. Refactored the source code and started modularization.
  13. Confirmed the login process.
  14. Detailed governance parameter with formula.
  15. Drafted the workflow document for deposits and withdrawals.
  16. Confirmed smart contract deployment plan.
  17. Pushed smart contracts modularization process.

MPC

  1. Designed secure query strategy for two business partners.
  2. Composed document for the deployment mode of MPC Computing Platform.

Maintained Mainnet Function

02 Community, Marketing & Listings

ARPA Listed on BitUniverse, Grid Trading Competition Started

On June 16, ARPA was officially listed on BitUniverse. To celebrate, ARPA joined hands with BitUniverse and held a global airdrop event: add ARPA to PICKS and share 40,000 ARPA. Over 1,300 people have participated in the campaign in just 24 hours after its launch.

On June 19, ARPA and BitUniverse held a global Grid Trading Competition.

ARPA Went Live with Chainlink at Bilibili

At 8pm June 18, ARPA co-founder & CEO Felix was invited to the Live Room of Chainlink at Bilibili, engaging in a dialogue with Philip, head of Chainlink in China to discuss the future of smart contract and DeFi.

During the live broadcast, Felix reviewed ARPA’s recent partnership with JD.com, which was covered by CoinDesk and Yahoo Finance, and mentioned that ARPA’s DeFi project is set to go live in September this year. There will be a variety of bonus events right before the launch, so stay tuned!

Binance Opened a New round of ARPA Staking Event

At 8pm June 18, Binance kicked off a new round of ARPA staking event. The subscription amount of this round is 8 million ARPA with an annualized return of 15%.

BitUniverse AMA in ARPA community

At 4pm June 19, Haze, Head of BitUniverse in China, was invited to ARPA community and had an AMA with ARPA co-founder & CGO Yemu.

During the AMA, Haze introduced BitUniverse’s grid trading function and the details of the global Grid Trading Competition held together with ARPA.

ARPA Received A+ Rating from Leading Blockchain Rating Agency Xangle

Authoritative rating agency Xangle gave ARPA project an A+ (solid) rating in a new round of project ratings. It is reported that this grade is the highest of any project currently previously by Xangle.

Click to learn more:

ARPA Foundation Burnt 10million ARPA Tokens

June 28, ARPA foundation has conducted a new round of monthly token burn. 10,000,000 ARPA tokens were burnt in this round. This is worth about $120,000 at the current price. The amount burnt has been sent to the black hole address shown below.

Black hole address:

0x168115cf806009f8984f47c90033e9a9705b4f65

TXID:

0x90c6d00dbedf6d1f1a2d86ed7aaf3427f02ac9060b9478f496c0139093241c75

Browser address:

https://cn.etherscan.com/tx/0x90c6d00dbedf6d1f1a2d86ed7aaf3427f02ac9060b9478f496c0139093241c75

ARPA Went Live with 499+ Block

At 2p.m. June 1st, Felix Xu, ARPA co-founder & CEO, was invited to the Children’s Day themed Live Room of Bitribe & 499+Block. Felix engaged in a dialogue with Sisi from Binance through video, and started the AMA marathon with many hotshots such as Sun Yuchen and Sky.

ARPA Children’s Day Charity Event

On June 1, ARPA and AEX jointly launched a “Charity Angel, Traveling with Children” fundraising event for paintings.

Users can upload their children’s paintings to the platform, and other users can reward, vote, and share the paintings in order to raise funds for children living in the remote mountain areas. Every time a user votes, AEX and ARPA will donate 10GAT and 0.5 ARPA separately, and every reward will be donated to children living in remote mountain areas to improve their living and learning environment.

ARPA Listed On AEX Exchange

On June 1, ARPA was offically listed on the AEX exchange and started depositing.

ARPA and AEX jointly launched a 180,000 ARPA campaign to celebrate ARPA being listed on AEX exchange:

1. Buy BOOM and share 130,000 ARPA

2. Hold ARPA position and participate in sharing 50,000 ARPA

Campaign Time: June 1, 15:00- June 5,24:00 ( UTC+8)

Campaign News:

https://www.aex.plus/page/news/notice/2020/0601/ch_1397.html

ARPA listed on SWFT Blockchain

ARPA is now listed on SWFT Blockchain, and ARPA deposit and withdrawal are available now. In addition to the swap between ARPA and more than 200 currencies, it also supports red pocket and payment using ARPA.

To celebrate ARPA officially being listed on SWFT, ARPA and SWFT held an event of sharing 50,000 ARPA!

ARPA is integrating with Decentralized Oracle Network — — Chainlink

On June 9, ARPA announced that we would integrate with Chainlink, the industry-leading distributed oracle network, to bring more reliable data into ARPA’s secure multi-party computing network (MPC) in the future.

Chainlink is a decentralized oracle network that allows smart contracts to access key off-chain resources such as data feeds, various web APIs, and traditional bank account payments. It is known for providing highly secure and reliable oracle services, and is now cooperating with large enterprises such as Google and leading smart contract development teams.

Chainlink will provide ARPA’s MPC network with off-chain data and empower ARPA DeFi infrastructure.

Click to learn more:

ARPA went live with SWFT community

To celebrate ARPA officially being listed on SWFT, ARPA community held hands with SWFT community, carrying out a live broadcast.

At 4p.m. June 10th, Yemu, co-founder & CGO of ARPA, was invited to the SWFT community to give a speech named “Privacy Computing + DeFi | Build Financial Infrastructure of the Future”.

At 4 p.m. on June 12th, Ye Fei, head of business operations of SWFT in China, was invited to the ARPA community for sharing the status of swap in the future blockchain payment ecosystem.

ARPA went live with 499+BLOCK

On June 10th, ARPA was invited to the Live Room of 499+BLOCK, and cooperated with Yueyue, PR of Gate, to talk about “ARPA DeFi’s Ideas and Growth Strategies”.

The establishment of Partnership Between ARPA and Elrond

On June 13, ARPA announced that we had partnered with Elrond. Applications on the Elrond blockchain will be allowed to perform secure multi-party calculations on the off-chain private computing network of ARPA.

The Elrond project has Binance as its lead investor, and projects such as NGC, ElectricCapital, Maven11, and AuthoritoCapital are also investing. As the leading project in this industry, Elrond has mature technology and wide applications, and is immensely popular in the blockchain industry.

Beniamin Mincu, Elrond’s CEO, is a core member of the NEM team and a blockchain star investor who has invested in more than 30 blockchain projects.

Click to view more:

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 (Philippines):https://t.me/ARPA_Philippines

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