https://cointelegraph.com/news/ecb-explores-blockchain-mpc-technologyThe central bank has been experimenting with multiparty computation, which could support the entire European economy in the future.
Central banks worldwide are increasingly exploring blockchain technology adoption, with the European Central Bank (ECB) being the latest example.
The ECB recently completed a blockchain experiment for its central bank digital currency (CBDC) with Zama, according to the firm's chief academic officer, Nigel Smart.
He said during a panel discussion at FHE Summit 2024:
“We did one with the European Central Bank on liquidity matching. […] And a number of applications on CBDCs have been actually to remove the central bank out of the equation and replace it with a blockchain.”
Zama website....
I’m proud to announce that Zama has raised $73 million in a Series A—one of largest venture rounds in France’s history—co-led by Multicoin Capital and Protocol Labs, two of the leading pioneers in the blockchain industry, with participation from Metaplanet, Blockchange, VSquared, Stake Capital and Portal Ventures, as well as several
other strategic founders, including Juan Benet (Filecoin/IPFS), Gavin Wood (Ethereum/Polkadot), Anatoly Yakovenko (Solana), Julien Bouteloup (Stake Capital Group), and Tarun Chitra (Gauntlet). This round brings together the brightest minds in the industry to work toward a singular goal: making FHE ubiquitous in blockchain and AI.
Four years ago, we founded Zama as an open source cryptography company focused on FHE, the “holy grail of cryptography.”
SoK: Privacy-Enhancing Technologies in Finance
MPC, Zama
https://www.cryptonews.net/news/blockchain/29386765/20+ Blockchain Projects Form DeCC Alliance to Promote Data Protection and Confidential Computing
source-logo blockster.com
08 July 2024
Formation and Development
In early 2024, various projects recognized the need to increase public knowledge of technologies enabling confidential computing. The initial meeting at ETH Denver has since grown into a larger coalition. After weeks of discussions, the group formalized the term DeCC through a vote on April 4, 2024.
DeCC encompasses various encryption technologies and solutions aimed at improved data protection, secure and confidential calculations, and verifiable computing. Key technologies include Trusted Execution Environment (TEE), Zero-Knowledge Proofs (ZKP), Multi-Party Computation (MPC), and Fully Homomorphic Encryption (FHE).
The DeCC Alliance plans to promote awareness through "DeCC Day" at major industry events worldwide. The first such event was held at NFT.NYC, followed by Consensus in Austin. Upcoming events include ETHCC in Brussels and Futurist in Toronto, with plans to participate in Token2049 and DevCon.
The overarching goal of many DeCC projects is to make blockchains more suitable for business by ensuring the confidentiality and protection of sensitive or proprietary data. Most leading blockchain networks today are highly transparent, posing challenges for mainstream adoption.
Alliance Members and Goals
The coalition includes a wide array of members such as Acurast, Aleo, Arcium Automata, Fairblock, Fhenix, iExec, Inco, Integritee, Intmax, Marlin, Mind Network, Oasis,
Partisia, Phala, Secret Network, Swisstronik, TEN, Ternoa, and
Zama. These members are united by a common goal: to highlight the capabilities of Decentralized Confidential Computing and to establish the term DeCC as the defining acronym for this category.
https://www.esat.kuleuven.be/cosic/projects/coed/companies/BIG COMPANIES
Alibaba are leading writing of the IEEE P2842 standard for MPC
Bosch are contributing their cloud native MPC platform to the open-source Carbyne Stack project.
Ericsson examining MPC and FHE in the context of AI for the HR department. and other applications.
Facebook have released a tool called Crypten to enable MPC for machine learning
Google in 2021 opened sourced their FHE transpiler
Google in 2019 released a set of tools to help build MPC applications
IBM have a FHE toolkit with support for machine learning applications
Intel have an FHE toolkit tuned for their processors
Microsoft have a long standing effort in developing the SEAL FHE library
Microsoft also have a tool for simple MPC protocol development called EzPC
NTT have a trial service called San-Shi for MPC
SMALL AND MEDIUM SIZE ENTERPRISES
The following companies have products and offerings based around MPC in the context of privacy preserving computations
Cape Privacy
Ciphermode Labs
Confidencial
Cosmian
Cybernetica
Galois Inc
Inpher
Linksight
Nth Party [Acquired by Magnite 2022]
PartisiaRoseman Labs
The following companies have offerings based around using MPC for key-protection
Curv [Acquired by PayPal in 2021]
i4p
Sepior
Unbound Security [Acquired by Coinbase 2022]
ZenGoThe following companies have offerings based around using FHE to protect data during computation by third parties
Duality
Enveil
Inpher
ZamaAlmost all of these companies above arnd more are also part of the MPC Alliance...founded by The MPC Partisia Blockchain team.
Google has been working close with MPC and Zama aswell....
Partners of MPC Alliance
https://www.cryptoknowmics.com/news/meta-platforms-joins-cryptographic-privacy-group-mpc-allianceThe MPC Alliance has 59 partners, such as the Alibaba Group, the engineering company Bosch, and many blockchain startups like Bolt Labs, Ciphermode Labs, and Partisia Blockchain. The release comes in the wake of its recent MPC Data Privacy Summit, which is now accessible on-demand and examined the potential applications of MPC technology for security and cooperation.
MPC and privacy were the topics of discussion at the MPC Data Privacy Summit, which gathered regulators, legal experts, academic and commercial groups, technology suppliers, and consumers.
https://technode.global/2024/01/29/securing-the-future-of-data-privacy-with-multiparty-computation/“MPC can perform any computation on any private input. Or in other words, MPC is a completely distributed encrypted computer. This is very different from zero-knowledge proofs, where the limitation is that there are only two parties involved and that the result is binary i.e. whether a statement is true or false,” says Brian Gallagher, Co-Founder of Partisia Blockchain.
Known for its privacy-preserving computation, MPC technology has been extensively developed over 35 years to provide the ideal foundations for data privacy. It is a distributed cryptography framework that enables confidential computations on encrypted data, ensuring privacy without revealing sensitive information to participants. This seamlessly integrates privacy-preserving computations into the data economy while maintaining transparency and integrity.
In the convergence of Web3 and MPC technologies, Partisia Blockchain’s integration with Metamask Snaps, developed by Consensys, signifies a step towards permissionless innovation for more than 100 million users.
Hope you can you see the future of MPC Partisia a bit clearer.....Its gonna be huge
