EMURGO Ventures Partners with Partisia Blockchain to Advance Cardano Security
03 Might 2022 13:35, UTC
Studying time: ~2 m
EMURGO Ventures, a $100 million Cardano-backed funding automobile, inks a partnership with main Layer 1 blockchain platform Partisia. Partisia affords multi-party computation (MPC) and leverages zero-knowledge (ZK) devices.
EMURGO Ventures scored necessary partnership with Partisia
In keeping with the official announcement shared by EMURGO Ventures, immediately, Might 3, 2022, it inked a partnership with Partisia Blockchain, a novel L1 platform with superior privateness and anonymity.
With this partnership, Partisia blockchain’s privacy-preserving zero-knowledge modules and multi-party computation devices will supercharge the decentralized functions (dApps) of the Cardano (ADA) ecosystem.
Partisia’s growth crew goes to create custom-made good contracts for Cardano (ADA) dApps: whereas woriking with Partisia, Cardano’s lovers will have the ability to use ADA tokens natively.
On the similar time, this selection will present Cardano (ADA) dApps customers and builders with extra optimized and strong privateness for all use circumstances.
EMURGO founder and CEO Ken Kodama underscores that this collaboration is a game-changer for the Cardano (ADA) section when it comes to privateness, usability and interoperability:
EMURGO Ventures is worked up to companion with Partisia and its stellar crew to carry extra privateness instruments for Cardano builders to make the most of and add worth to the Cardano ecosystem. Cardano’s Web3 growth is superior by the efforts of Cardano’s dApp builders, and this partnership serves so as to add extra parts to their toolbox to supply providers that customers will demand akin to privateness options.
Partisia’s personal programming language to be delivered quickly
Partisia Blockchain co-founder Brian Gallagher is worked up in regards to the alternatives his platform unlocks for good contracts on Cardano (ADA):
Partisia Blockchain could not be extra thrilled to companion with EMURGO Ventures to ship our first cross-chain, zero-knowledge privateness good contracts to the Cardano ecosystem. The Cardano ecosystem is likely one of the largest within the trade and we sit up for offering as a lot worth as potential to the builders. We constructed Partisia Blockchain with a collaborative strategy to make our privateness contracts out there throughout all different networks and this partnership is a robust indication that we’re discovering product market match on this trade and that privateness is in demand.
Additionally, Partisia representatives unveiled that Web3 devs will have the ability to begin writing its personal programming language as quickly as summer time of 2022.
Privateness-preserving zero-knowledge protocols and devices for multi-party computations will change the narrative for the safety and anonymity of blockchain transactions.
Not too long ago, Partisia partnered with standard on-chain MMORPG Sidus Heroes to supercharge its Metaverse with superior privateness and computational energy.