[ANN] ARPA CHAIN ⚡ A Privacy-Preserving Computation Network ⚡

[arpaofficial]

On one you claim that ARPA will share data b/w different parties and on other side you saying parties can still maintain privacy also? Dont you think they both are contradicting each other?

No they are not.
ARPA enables bank to join the compute for risk metrics for borrowers without disclosing borrowers account info to any other party. Traditionally that was not possible but ARPA made it a reality, thanks to MPC. So now banks have better picture of borrowers and no bank is shy in disclosing borrowers info to the pool.

Theoretically that looks fine but do you have any proof of this use case? that how banks are doing this?

Yes we have a demo for this available here ARPA MPC Demo (English Version) (2:52 - 5:17).
Here you can see how three banks share authentic data without disclosing there original data. A win-win sitation for all parties.

[philanthropist67]

I saw its a Chinese project. Government policies in China are not in favor of blockchain technology, this may bring harm to such projects in the long run.

[arpaofficial]

I saw its a Chinese project. Government policies in China are not in favor of blockchain technology, this may bring harm to such projects in the long run.

Chinese government is in favour of blockchain technology more then any other government. Last years President Xi Says China Should ‘Seize Opportunity’ to Adopt Blockchain.
ARPA project is working with many government agencies, big Chinese private companies  and overseas. In future, China will be hub of blockchain backed projects.

[philanthropist67]

Yes I know that statement that started biggest bull run of 2019. But he referring to blockchain not crypto. So my point of concern still holds true.

[arpaofficial]

Yes I know that statement that started biggest bull run of 2019. But he referring to blockchain not crypto. So my point of concern still holds true.

Well where there is blockchain there is crypto and the Chinese government is full aware of this and is fully supporting regulated cryptocurrency projects. Unregulated cryptos are not welcomed by majority of countries.

[mqpa73]

The way corona virus has put us in quarantine position for months (though new cases are going down and people are recovering) , work from home culture is increasing in many countries like Japan, Korea , Italy. In that scenario I guess such platforms fits very well. Where you need to share data with privacy among other party. 

[ToothlessCoin]

The way corona virus has put us in quarantine position for months (though new cases are going down and people are recovering) , work from home culture is increasing in many countries like Japan, Korea , Italy. In that scenario I guess such platforms fits very well. Where you need to share data with privacy among other party. 

I think that will be an excellent use-case, even in single office you don't want your data to be seen and analyzed by different parties. Any solution that do so fit very well in that scenario.

[arpaofficial]

The way corona virus has put us in quarantine position for months (though new cases are going down and people are recovering) , work from home culture is increasing in many countries like Japan, Korea , Italy. In that scenario I guess such platforms fits very well. Where you need to share data with privacy among other party. 

I think that will be an excellent use-case, even in single office you don't want your data to be seen and analyzed by different parties. Any solution that do so fit very well in that scenario.

The biggest inspiration for starting ARPA is that there is no ready solution in blockchain that provides privacy for exchanging data. Like there is amazon for Goods but nothing like that for data. There will be many more use-case emerge with time.

[mqpa73]

The way corona virus has put us in quarantine position for months (though new cases are going down and people are recovering) , work from home culture is increasing in many countries like Japan, Korea , Italy. In that scenario I guess such platforms fits very well. Where you need to share data with privacy among other party. 

I think that will be an excellent use-case, even in single office you don't want your data to be seen and analyzed by different parties. Any solution that do so fit very well in that scenario.

The biggest inspiration for starting ARPA is that there is no ready solution in blockchain that provides privacy for exchanging data. Like there is amazon for Goods but nothing like that for data. There will be many more use-case emerge with time.

is this solution intrinsic to ARPA or it can be adopted by other blockchain as well?

[arpaofficial]

The way corona virus has put us in quarantine position for months (though new cases are going down and people are recovering) , work from home culture is increasing in many countries like Japan, Korea , Italy. In that scenario I guess such platforms fits very well. Where you need to share data with privacy among other party. 

I think that will be an excellent use-case, even in single office you don't want your data to be seen and analyzed by different parties. Any solution that do so fit very well in that scenario.

The biggest inspiration for starting ARPA is that there is no ready solution in blockchain that provides privacy for exchanging data. Like there is amazon for Goods but nothing like that for data. There will be many more use-case emerge with time.

is this solution intrinsic to ARPA or it can be adopted by other blockchain as well?

The ARPA smart contract is compatible with other blockchains also, which means other blockchains that are looking for such privacy solution can use this. You can see ARPA as AWS of data, we dont see any of your data but we can transfer it privately.

[Championt]

What you will do with unused token, is there any token burning sort of thing?

[arpaofficial]

What you will do with unused token, is there any token burning sort of thing?

For Token Burn please follow this link

https://medium.com/@arpa/arpa-monthly-report-february-progress-review-44656adaa442

Token Burn

ARPA Foundation bought back burnt 10,000,000 ARPA tokens from the market which was worth $ 90,000 at the time The burnt token has been transferred to the corresponding black hole address: 0x168115cf806009f8984f47c90033e9a9705b4f65

This was the sixth monthly burn of the ARPA Foundation.

[arpaofficial]

ARPA Named as China’s Top 10 Innovative Blockchain Company in 2019

"ARPA is the only startup to receive such honor on national level, recognized by state government. This marks the recognition of the privacy-preserving computation and ARPA’s vision on the state level. This also makes possible the future collaboration with China Software Industry Association for the adoption of blockchain and privacy-preserving technology.
Felix Xu and Yemu Xu, co-founders of ARPA, were invited to the forum in the Great Hall of the People as two of the most highly-selected entrepreneurs in Blockchain sector. Felix Xu participated in “Digital Economy Evolution for Traditional Industries” session as a panelist."

[sovie]

I saw this projects earlier when they were in here initial phase. Now they are listed on too many exchanges. This shows they are going good. Way more to go.

[arpaofficial]

.

I saw this projects earlier when they were in here initial phase. Now they are listed on too many exchanges. This shows they are going good. Way more to go.

Here are few more updates regarding our listing

Derivatives Exchange FTX Adds ARPA to its Famous Dragon Index


ARPA Partners with HitBTC, Listing to Follow on March 9th

[deadthings]

anything for miners? can you mine this coins? any info about mining pool. which consensus algorithm you are following?

[arpaofficial]

anything for miners? can you mine this coins? any info about mining pool. which consensus algorithm you are following?

We are following Proof of stake consensus algorithm to make this coin energy efficient, you can stake coins at Binance.

[deadthings]

anything for miners? can you mine this coins? any info about mining pool. which consensus algorithm you are following?

We are following Proof of stake consensus algorithm to make this coin energy efficient, you can stake coins at Binance.

and what about your wallet? you have your own wallet.

[arpaofficial]

anything for miners? can you mine this coins? any info about mining pool. which consensus algorithm you are following?

We are following Proof of stake consensus algorithm to make this coin energy efficient, you can stake coins at Binance.

and what about your wallet? you have your own wallet.

ARPA is ERC20 cmpatible. To earn reward you can leave it in binancefor instance. If you store it in your own wallet there will be no reward. We recommend Trust Wallet/Ledger nano.

[deadthings]

anything for miners? can you mine this coins? any info about mining pool. which consensus algorithm you are following?

We are following Proof of stake consensus algorithm to make this coin energy efficient, you can stake coins at Binance.

and what about your wallet? you have your own wallet.

ARPA is ERC20 cmpatible. To earn reward you can leave it in binancefor instance. If you store it in your own wallet there will be no reward. We recommend Trust Wallet/Ledger nano.

how would you manage lightning speed to your network ? because complex smart contract like this require high processing which will bring the speed down. are you doing compromise on your speed by bringing privacy (encryption or other techniques via your smart contract)?