ARPA Named as “2020 Top 30 Privacy-Preserving Computation Enterprise”
On July 5th, 2020, SLIBRARY, a leading “digital economy “focused think-tank in China, held the Hangzhou blockchain subforum on the topic of “Privacy-preservingComputation: Making Data Flow Securely and Freely” in Hangzhou. The summit was cohosted by Hangzhou Yuhang district government, 8BTC, Hainan Big Data Management Bureau, Shanghai Artificial Intelligence Development Organization, Yangtze River Delta Joint Conference, New Fortune, etc.
This is the largest summit focusing on privacy-preserving computation in China of all time, and was attended by industry experts, internet giants, companies, investment institutions, academic institutions, and mainstream media from all over the world.
During the forum, SLIBRARY released the list of “Top 30 Privacy-preserving Computation Enterprises in 2020”, it is the first vertical award with mainstream influence in privacy-preserving computation.
ARPA was very honored to win the “2020 Privacy-preserving Computation Emerging Power” award along with other distinctive projects such as Chainlink. Other projects that got listed on the “top 30 privacy computing industry 2020” includes DataQin, which empowers Zhejiang Province integrated financial services platform with its leading system; and ZA Tech, which has made significant progress in the insurance industry.
ARPA’s co-founder & CGO Yemu Xu said:
“ARPA has dedicated to privacy-preserving computation since April 2018. This industry has truly developed a lot over the past two years. We will continue to be the trailblazer in this amazing data industry, foster partnerships and implement solutions for our clients. Together we bring a more private future.”
Privacy-preserving computation is born for data privacy and security and is becoming the mainstream solution to governance dilemmas like data breach and data silos. It is an important part of the Internet industry and is of strategic importance. With our experienced and preeminent team, we are sure to ride this new wave of our era and achieve so much more in the future.
SLIBRARY is a leading “digital economy “focused think-tank in China, incubated by China Media Group and Securities Times. Advocating AI, blockchain and big data, their deliverables include but not limit to in-depth articles, industry analysis reports, and seminars.
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 firstname.lastname@example.org.
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