Leading Privacy-Preserving Computation Enterprise ARPA Partners with Amazon AWS Joint Innovation Center
We are pleased to announce that ARPA has entered into a partnership with Amazon AWS and joined Amazon AWS Joint Innovation Center.
ARPA is the first privacy-preserving computation enterprise in China to partner with Amazon AWS. The Amazon AWS Joint Innovation Center will provide ARPA with technology support and innovative enterprise solution services on cloud computing, big data, fintech, as well as enterprise marketing.
Data is the fuel and a factor of production in the digital society. It is a new asset class. The secure flow of data requires privacy-preserving computation, and distributed privacy-preserving computation requires robust, secure, and stable cloud computing services. The alliance of ARPA and Amazon AWS will be an integral part of the future data flow infrastructure.
After joining JIC, ARPA will continue to strengthen its partnership with Amazon AWS to deepen its root in the data industry and privacy-preserving technology to build a more secure, efficient digital future.
About Shanghai-Amazon AWS Joint Innovation Center
Shanghai-Amazon AWS Joint Innovation Center (hereinafter referred to as “JIC”) is an international scientific and technological innovation platform jointly established by Shanghai Municipal Commission of Economy and Information, Jing’an District Government, Shibei High-tech Park, and Amazon AWS(Amazon Web Services). It has three major functional sections: smart city innovation practice demonstration experience center, training center of cloud innovation technology and internationally connected and interactive innovation incubator.
JIC relies on the global brand influence and international application innovation results of AWS. JIC leverages AWS’s leading cloud computing and big data technologies as well as the global practice of building big data and smart cities. It integrates many innovation resources such as Shibei High-tech innovation and entrepreneurship service, government open data and so on. It provides talent cultivation, technical guidance and support, industrial transformation, market promotion, science and technology finance and so on, in order to create a good entrepreneurial environment and soil for the new generation of information technology industry enterprises.
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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