[ANN] ARPA CHAIN ⚡ A Privacy-Preserving Computation Network ⚡
by
arpaofficial
on 06/03/2020, 09:11:27 UTC
ARPA Introduction
The goal of Project ARPA is to separate data ownership and usage, or data renting. We are creating ways for multiple entities (enterprises or individuals) to collaboratively compute data, run big data analysis, while keeping each partys data private and secure. ARPAs cryptographic Multi-party Computation (MPC) protocol has obvious applications across industries, including fintech, insurance, advertising, artificial intelligence, healthcare, and more.
With ARPA network, enterprise and individual data can be analyzed or utilized without being exposed to anyone. In return, the data provider will be able to receive fair compensation every time their data gets rented, without putting their privacy at risk.
ARPA is collaborating with conglomerates such as JD.com, SinoChem Group and Fosun Group. Ongoing applications include 1) Joint anti-fraud solution and black list sharing, 2) Smart insurance pricing, 3) Secure risk analytics for financial institutions. In longer term, individuals can better manage and monetize their private data using secure data wallet.
ARPA has partnered up with the Chinese Academy of Information and Technology (CAICT), Alibaba Group, Baidu, and Ant Financial in making the TC601 Chinese national standard for multiparty computation (MPC).
On December 21, 2019, ARPA was named as Chinas Top 10 Most Innovative Blockchain Company by China Enterprise News and China Software Industry Association.
ARPAs highly-international core team consists of engineers, computer scientists, and blockchain pros who have worked at Google, Amazon, Huawei, Blackstone, and other global enterprises. Members have also worked with academics at Harvard, Carnegie Mellon, Peking University, University of Tokyo, Tsinghua University, and the University of Michigan.
The ARPA testnet, Astraea, has been live since Feb 23rd, 2019.
ARPAs pre-alpha version mainnet was launched on January 5th, 2020.
Our Mission
✅ Efficient private smart contract for DApp developers ✅ Privacy-preserving individual & enterprise data renting ✅ Highly scalable infrastructure via computational sharding
Investors: Raised $4 million through global institutional investors, including Arrington XRP,GBIC, Genesis Capital, Ledger Capital, Metropolis VC, Bitblock, Connect Capital, LYVC, Amedeo Capital, BN Capital, Coefficient Ventures, Convergence Ventures, BlockAtelier, and BitCMO. Enterprise: Partnered up with the Chinese Academy of Information and Technology (CAICT), Alibaba Group, Baidu, and Ant Financial in making the national standard for multiparty computation (MPC) Partnership with JD.com, Fosun Group, SinoChem, Everbright Asset Management for applications of MPC in data sharing, joint analysis, computation, modeling and monetization
OTHER INFO
Innovation ARPAs breakthrough innovations enable many entities to jointly share and compute data, while keeping data private from each other and outside parties. Our proprietary protocol separates data ownership and usage. This enables private smart contracts. Moreover, our privacy computing network has use cases in fintech, insurance, advertising, artificial intelligence, healthcare, and more. The ARPA network gives businesses and individuals private computing power and secure data flow. Its based on the cutting-edge cryptography secure multi-party computing (MPC). We can provide privacy computing to any public blockchain, while also protecting data and information on chain. That means several enterprises can collaborate on computing and analyzing data, without exposing info to outside parties.
Applications Were a leader in multi-party secure computing (MPC). Our secure computation network has applications across industries, including fintech, insurance, digital advertising, healthcare, and more. MPC has important use cases. It can be used by several enterprises to collaborate on risk control, know-your-customer (KYC), blacklist sharing, security model analysis, distributed key management system, and more. As a leader in the field, our team is developing national and international standards for secure MPC.
** ARPA will be listed on Bittrex and Hitbtc next week.
COMMUNITY DATA WeChat: 120 directly-managed WeChat groups, totaling 40,000+ people Weibo: 50,000+ followers,100+ daily discussions, 54,000+ daily impressions Twitter: 12.3k followers Telegram ARPA Official Community (English): 15,700 members Other language groups are Thai (300), Indonesian(1,000+), Russian(5,500+),Vietnamese (600+), Filipino (900+), Korean(4,000+), and Turkish(200+). Totaling 12,000+ members It is worth pointing out that most mentions and topics on Twitter outside of English are in Turkish, averaging 20+ mentions daily.