ARPA Monthly Report | June Progress Review
Dear ARPA community,
To ensure that the ARPA community is well-informed on the team’s latest improvements, we update ARPA’s development dynamics and progresses through our monthly report. Thank you all for your support!
This is a look back at June. Enjoy!
01 ARPA Development Dynamics & Technology Progress
- Developed awareness and management solution of group work state on different chains
- Refactored RandCast node component
- Started writing testing specifications
02 Community, Marketing & Listings
Demo on BLS Network POC Generating Random Number
On June 2nd, ARPA released a brief demo of its BLS network POC generating random number on Twitter. The POC steps are as follows:
1. Start the controller server (a smart contract mock).
2. Nodes join the network, monitoring the BLS task after completing the DKG process (grouping nodes).
3. The nodes receive the task after the user initiates a request, and respond with a random number after completing the task.
4. The user fetches the generated random number.
Watch the demo here:
ARPA Co-hosts Exclusive NFT Penthouse Social @ NFT NYC
On June 22nd, ARPA hosted an exclusive social networking event during NFT NYC with Manta Network, KuCoin, IVC, Phala, and RMRK. We had a full house bash with over 1200 registration. Great insights were shared during the discussions between our panelists, hosts, and other notable members of the Web3 ecosystem. We loved mingling with those pioneers and constantly getting inspired!
ARPA Co-hosts Consensus2022 Side Event ‘Crypto Poker Night’ in Austin
On June 9th, ARPA hosted a crypto poker night event during the Austin Consensus 2022. The event brought together crypto-native attendees, including leaders, operators, builders, and investors from the ecosystem’s most innovative and creative organizations. Thanks Krypital Group, CoinEx, ArkStream Capital, and Red Building Capital for being great co-hosts, Cell protocol, Youbi Capital, BitMart, Cube, Ankr, and GalacticBlock for their support! The event had come to a successful end among cheerful laughter with great music and the smell of delicious food.
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 email@example.com.
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