AMA with Partisia Blockchain

Recorded: Jan. 19, 2023 Duration: 0:57:49

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Asia invited you to be a speaker.
Hey, Bruce, just invited you to be a speaker, because it's Ex-Sabs invite.
Hey, Kuro, can you make me a ghost?
Yes, sure.
Good morning. Good morning for you. Good morning evening somewhere. Nice to chat with you Bruce. Appreciate you coming on to this. Everything's going well.
Well, I'm actually in all who's done work right now at the actual Partizio Office here for about two weeks to get further integrated into our delivery process and then get a little bit more integrated into the team.
But let me just first say thank you so much for the invitation. I really appreciate the time that you set aside for us. Last time we spoke as we discussed, part of the issue is working towards getting our name more well-known.
And so really appreciate the opportunity. Yeah, we're super happy to have you. I mean, we talked to a lot of different blockchains and you guys have something pretty unique and really excited to kind of dive in a little bit more and share that with our
community. So thank you. Fantastic. Looking forward. So we'll wait a few more minutes here. Let's more people come on in. But in the meantime, what are some fun things that you're doing in Denmark while you're there? Well, I was actually hoping that there would
be some aurora visibility but right now it's during the wintertime so I am experiencing a weather system where you are mostly dark for most of the day and you have about
45 hours of daylight, which is very new to me. So you get up and it's dark and then you go into the office and you work and then you get out and it's dark also. Other than that, it's been really nice that the team's been extremely
welcoming and it speaks a lot to our culture which is what we're trying to extend out back to our community and we want to build a community in the same type of a culture that we have here in the office.
Nothing super fun. I would say aside from just integrating into the team completely. Are you in Copenhagen? No, we're in a town called Orhus, which is about a three hour train.
right from Copenhagen. Okay. Very nice. Well, yeah, it sounds like a pretty cool company to work for. Yeah, it really is. That's right. All right. So let's see. I guess we got Brian up here as well on our team.
and Carill is hosting and hi Brian. Sir, how are you doing? Good morning, good morning. How do you say good morning and good evening? Good morning and Copenhagen. Oh good lord. Yeah, I have no idea. All of them speak
English year so I have no no concerns in communication. I say good morning. I say good morning and everybody speaks good morning back to me. So it's good to know next time I'm in cooking. Bush is the reserve currency of the world.
Alright, Bruce. Well, let's hop right in. If you want to give us kind of just a super high level of what you do at Partija and kind of what Partija is for those who might not be familiar. Yeah, so Partija.
Which really is a melding of a technology that was created 50 years ago with a new technology that is revolutionizing the world right now, which is blockchain. And we melded the
these two technologies together to try and solve a problem that has been around since the beginning of humanity, which is establishing trust. So in a very high level nutshell, that is what Partigia blockchain is.
a melting of a very old technology with a new technology to solve the problem of trust. So how is that for a beginning? That sounds pretty awesome. What is the old technology? So back in the 1970s,
And some of the audience may recognize the name. Merkel, Merkel, Merkel, damn guard, right? Merkel, Ralph Merkel is one of the famous cryptographers as well as Ivante, and 50 years ago they both co-created it.
technology called multiparty computation. And multiparty computation is something that is part of a zero-knowledge suite of technologies. And if I say zero-knowledge, I think some of the audience would know because they've heard that term used in
in the blockchain industry fairly recently. It's the sort of zero knowledge roll ups. You might have heard of zero knowledge truth that some of the other blockchains are doing. So, and 20 years ago, there was something that was created that's part of the zero knowledge.
family called zero-knowledge computation or multiparty computation. And so that's the technology that was cultivated back then, or that was invented back then. And one of the co-creators, Devon Damgard, continued on, refined
the technology and founded a couple of different companies based on this technology and ultimately in the end in 2008 founded Partizia. And so Partizia actually has been around prior to even the blockchain
in the industry being created before even Bitcoin was proposed. And so, Partija has been working on this technology for many, many years, and I've perfected this technology. And back in 2018,
What we basically said was, hey, there's this thing called the blockchain. What if we put this technology that we've created on top of a blockchain and make this technology available?
of all publicly to the rest of the world. And so that's how the old technology has merged with the new technology to create a blockchain that solves the age of
trust. And I'll go into a little bit more about what really, what really NPC is, right? And also the uniqueness of our blockchain and then how they kind of knelt together to solve that problem. Please do.
Yeah, please do. Yeah. Okay. So, so, so, NPC. So let's talk about that problem of trust. Right. What is trust? And how that applies in the blockchain industry. Right. And when we talk about trust,
You certainly can't be anonymous in order for me to establish trust with somebody. We will take dating as an example. If I'm anonymous to somebody and if I'm in a dating app as an example, I'm not showing my picture.
No one's going to swipe right for me. If I don't put any kind of profile information on it, no one's really going to show any interest because you can't establish trust. Anonymally does not help in establishing any sort of trust.
And we have these types of anonymous tokens that are out there that basically anonymize who you are, but that really doesn't solve the ability for two people to establish trust. So now we have
of the other aspect of the opposite of an anonymity, which is complete transparency, and which is what, in many ways, the blockchain is based on. In a blockchain, you're basically able to see every single transaction since the history of
It's genesis, right? Since it's genesis block, you're able to see every single transaction in that block, right? And it has complete transparency. But how does transparency relate when it comes to trust? And so let's take that, take that dating as an example.
example, relationship building, right? If I read every single aspect of a person that I was interested in dating and I read their history, every single thing that they did in their life,
saw every single type of picture that was available to me. Maybe I won't give that personal chance because I may have read certain things that scares me. In the same way, would I be comfortable
and sharing all of my personal information and put that up so that everybody can see, that everyone can see and make my life history be available. What would I feel comfortable in doing that?
Of course not. In the same way, being completely transparent also does not help in establishing trust between two entities, whether it's in a dating scenario or whether it's on a business
business or business to consumer or even from non-profits to other non-profits or non-profits to business or even from government to government. You have to have a level of privacy built in. And this is where you have a
the blockchain has every single information that has been transacted since Genesis. So how do you solve for that? How do you solve for the people
problem with privacy in a blockchain space. And there's a lot of different organizations that are delving into privacy. And you hear a lot of these terms, like zero knowledge, right? Zero knowledge. There's a lot of different
that are out there that is promoting privacy using zero knowledge proof. And so what Partigia does is that we take that ability that we harnessed since 2008. We've built the ability for us to provide a price
using MBC and have actual real world application that we've actually implemented in multiple different organizations and companies and even governments have used our technology to provide privacy
And then we put that on top of the blockchain to create a solution, a blockchain solution that is able to provide both a level of transparency with a privacy layer on top, built on top.
Wow, okay, that was that was a lot of information but very very well well said Yeah, very very cool. So where would you say that partija is on the entire roadmap? You know where what stage would you say you are you looking to grow rapidly?
rapidly now in onboard a bunch of devs? Are you guys still building? Yeah, so I think our company is very unique in a sense where you're not really going to see a lot of blockchain organizations that are in our same state, right?
So when you take a look at different blockchains that are out there, you'll see that they were created on top of what other blockchains are doing. So as an example, hey, we have a much faster transaction than this other other blockchain. Or hey, we
We have our development platform has better tools. Or, hey, we have easier language for developers to onboard. That's basically a lot of the different selling points that other chains currently have.
Our start was very different. We were actually started back in 2008 and we were working on the MPC technology for so many years. What we basically said was hey listen we already have this technology. We have a team that has been building on this
We have an established development team that has built this technology and has rolled it out to different companies and even governments. And so we have an established team and what we are now focused on is we launched our meeting at
back in last year, May of last year. And so what our main focus right now is, hey listen, we have the technology, we have the expertise. What we want to do is to focus on ecosystem growth. And so that's going to be our focus for this year. We'll be focused on
a lot of layer one integration as well as DeFi and NFT gaming. So that's our main focus. With that said, yeah, with that said, I think it'll be a good idea if I can explain
a little bit more about Partiz's value proposition. And so we talked a little bit about NPC, but I'm not 100% sure if I health explain what NPC really is.
Yeah, go for it. Love to hear. Yeah. So, so multi party computation and PC is like I said a subset of zero knowledge proof. And and you and people on this call may have heard about zero knowledge before and you heard things like zero knowledge roll up, which utilizes a certain level of zero knowledge technology to basically
use that as a scaling tool to roll up transactions into the blockchain. And then you have protocols that are using what's called zero knowledge computation. And zero knowledge proof. And zero knowledge proof
proof is a way for a prover to prove to the verifier that there's telling the truth without revealing their secret. And so that's where privacy comes in. So as an example, let's say, you know, we're on a call and there is no video. But I want to prove to you, I want to prove
you that I'm wearing glasses. How can I prove to you that I'm wearing glasses without sending you a picture? Right? And that's what zero knowledge proves that. So if you take a look at other protocols that are better talking about privacy and talking about zero knowledge proof, that's basically at a nutshell what it is.
I want to be able to prove to you that what I'm telling you is the truth that my credit score is this amount or that I have, that I'm winning glasses or from a KYC perspective that I am this particular person without revealing my personal information, et cetera, et cetera. And that's what Zerunal's proof is.
Now with zero knowledge proof, there is certain limitations. It's always a proven or verifier, the two-party system. So it's basically me and the verifier. And the output of that
the answer to that is always a binary answer. It's a zero or one. It's either a true or false, yes or no. Yes, I am wearing glasses or no, I'm not wearing glasses. Simple enough. Now, the problem that zero knowledge runs into is the ability for the scale.
So how do you scale that to multiple different users? Let's say you have three people in the system. It's like you have five people in the system or ten people in the system. It really doesn't scale well because it's always a two-party system, just me and you know, a proven of our fire. And the answer that you get back is a yes or no question.
So, what zero-knowledge computation or multi-party computation does is it takes that and allows you to compute a answer using multiple different parties. So as an example, let's say that we're going to be proving everybody on this call that we're wearing glasses or not, right?
And we can do that with multi-party computation. We can prove that yes, we're wearing glasses or no, we're not wearing glasses without sending you a picture. Right? And the answer can be complex. It's not just about yes or no. It can be the color
of the class brings, it can be the you know the the the thickness of your classes or the brand or you know what type of a shape it is. The answer can be very complex. Again without needing to show any kind of
a proof revealing your secret proof, which secret input. So that's what multi-party computation is. And that's why it's really exciting in the blockchain space because now you don't have to be fully transparent. You can hide secret information, private information,
information in the blockchain and have it not be revealable and only reveal the output of the computation. So that's value proposition number one that hearted your ranks. Any questions with that one?
Questions know other than just thank you for solving that problem because you know I can I can already picture this in you know the medical industry just absolutely disrupting you know big time and making people feel so much more safe and you know fewer and fewer data breaches that result in people having
You know this very very sacred information and you know getting out and then the number Number two thing I wanted to talk to you about was in theory This is your other vibe mission - is the bring your own token. Yes narrative for the guest. Yes
Yeah, absolutely. Yeah, so going back to multi-party competition. Yeah, the use cases are so varied medical industry supply chains, you know, supply chain may not want to reveal where their sources are, but they want to prove that they're sourcing from the proper places. It could be SDG results.
right, the company that wants to prove that they're meeting their SDG requirements without revealing the internal secret inside the company, right? So there's so many varied variety of different use cases when it comes to NPC. But that's one leg of the problem.
The other problem we are trying to solve is we have this amazing technology and we want it to be usable by everyone. How do we do that? What we decided to do was to create a concept called bring your own coin.
concept in the blocking space. The way I explain it is an example. Right now, every single ecosystem is contained within the side of the ecosystem. If you want to transact as an example in the Cardano ecosystem, you have to use
If you want to transact and so on, you have to use the sole token. If you want to transact and harmony, you have to use one, etc. etc. In order for you to transact in that system, you have to use its native token. That's the gasp. What we thought was that, well, that's
really not interoperable. That really doesn't open ourselves up to allow for any ecosystem to take advantage of our services. So what we created was what's called a bring your own coin service or bring your own coin
technology. It means that when you transact in the Partition Network, Partition Blockchain Network, you can pay for it using ETH. You can pay for it using Polygon USDC. We'll be onboarding Bitcoin. We'll be onboarding ETH.
B&B will be on voting other coins into our system. And so, so like, think about this. Let's say that you're in the Cardano ecosystem, but you say, hey, you know what? I want to pay for it with ETH because I have a lot of ETH. I want to pay for my transactions in the theory.
Can you do that? Right now? No, of course not. Right? You're in the Salana ecosystem. Hey, I'm in the Salana ecosystem, but I want to pay for it using cardano 8-8 tokens. All right, impossible. That's exactly what we did in our, in our part, in the
network is that we're allowing other coins to be used as gas fees and then pay for the transactions there. So what does that mean? What's the implications to that? That means if you want to build on top of a partige of blockchain, that's great.
We'd love to have you build on top of our chain because we provide different types of service in regards to scalability. We have a very unique security model. We have a very unique shorting model which I'll go over with you guys in a bit. That's great. You could guess absolutely build on top of our chain. That's perfect. But if you
already built at a significant large ecosystem in Ethereum as an example. But if Ethereum does not have a multi-party computation service, hey, that's okay. Just write the contract in our chain and then pay for it using the
and just call us as a service. Get the computation that you need. Provide your ecosystem with a multi-party computation service to provide privacy and you don't need to put your entire ecosystem over into our chain. That's the beauty of bringing your own coin and that's our
contribution to making the blockchain industry interoperable. Bruce, I had a couple questions on this. It's a really hot topic on cross-chain contracts. There's a lot of people trying to tackle this issue. One of the main problems that I see when we're kind of going down this
road is the amount of liquidity that's needed. So how do you guys deal, like let's say if you're working from your chain to Ethereum or your chain to Solana, or wherever you're kind of like connected to? How are you guys managing the pool of liquidity without being it, you know, over-baranly expensive to kind of transact on these other chains?
Yeah, so our transaction fees are very static. That's the other aspect of parties. So if you take a look at other chains because they're paying for it and they're native coin, then if the native coin has fluctuations in value, it creates potential
So, what our fees really are or static in their USD based. So, that's number one. All of our transaction fees are very static, easy to compute on and easy to transact.
The other aspect is our our tokenomics because our fees are not used by because NPCs are token names. Because NPCs are not being used as gas.
main purpose for NPC is to be able to provide that liquidity inside the ecosystem itself. And so what our node operators are doing is, you know, running their nodes and staking their NPCs. And they're staking their NPCs into their nodes.
to be used as collateral to provide the liquidity between when bridging occurs. And what they get paid is not in MBC tokens, but they actually get paid in liquid tokens like Ethereum. And so right now the main purpose for MBC tokens
is to provide for that liquidity inside the chain from a bridge and perspective. Very cool. And then so you guys have a public pulling system to be able to get this token or how does that work? Or do you have like contracts on all the chains that you integrate with?
I'm not sure if I understand that question. Could you repeat that one more time? Right. So if you're going from partisia to say Ethereum, right, you're going to need you're going to need that liquidity, right? So you're going to have to. Yes. You're either going to have the liquidity on bridged over to the partisia chain or you're going to have a.
some sort of decks or supply of that liquidity to run the transactions on the Ethereum side. I'm curious on how you cut the bridge. It's a bridge. And then the MPC Ethereum pool, where is that poll located? Is that on the Ethereum side? Where is that on the partugia side?
it's in the part to decide i i i may be correct i i am not a pure developer so i'm i don't want to miss stating that but i believe it is in the part to just that public can anybody else you know that those pools or is that kind of like a private pool
Yeah, that's I'll have to get back to you on that one. Okay. Cool. Yeah, I mean, it's really because because what what I what I see as an it like as an issue or as a challenge in these types of kind of arrangements and some of these types of arrangements.
arrangements are popping up more and more. There's two strategies. One is you kind of pool on the side where you're going to spend the gas. The other one is you kind of pool on your main chain and then you have obviously you have a bridge to be able to interact and there's pros and cons with each.
I was trying to dive in into that structure of trying to figure out Are you guys going to be like a liquidity magnet or you're like saying well, we don't really care as much as being a liquidity magnet onto the partegiocyte because we were integrating these contracts on the
on the chains that were executing on. So there's pros and cons to each, and I was wondering if you guys had an opinion around that. But we can move on. Yeah, that's a, yeah, no, no, that's a great question. And one of the things that I do want to do is to get these questions
back to me so that I can help answer them. So I don't know. My email address is bruce.ahn@partagetblockchain.com. Please, anybody who feels they have a question that is not being answered in this
And in this chat, please email me. I'd be happy to continue our dialogue there. You're going to get all this spam now. Like-- [LAUGHTER] Ask no problem at all. That's exactly what I love, actually. OK, cool.
Yeah, so going back to the interoperability aspect of it, that's what bring your own coin really what it means for us. It is our our way to. Again, be more of a partner rather than a competition. So if you take a look at other other.
Chains out there. There's always like this competition between the two right? Hey, if they're even better than Salana or or you know Cosmos versus whatever, whatever, whatever What we want to do is partner with these people with with different organizations
whether it's layer ones or other layers, we want to be in partnership with them, we want to work together with them rather than looking at other people's competition. And so that's our philosophy and that's our interoperability model.
And you mentioned the L1s, the L1 integrations that you guys are open to do in the coming year. What would you say are the top three that you have yet to do that you're interested in? Yeah, that's a great question. So there are, you know, integration that we're working already with.
other companies and I don't think I'm a libergly exactly who they are at the moment. And these again, please do not lead too much into it. This is just my personal integration that I think would be very useful for our system is things like VChain as an example.
supply chain L1. When you think about supply chain, it's a great example of how that kind of integration could help add additional value to
the VChain ecosystem by being able to provide privacy along through the entire supply chain process. So VChain would be a very interesting partnership. The other partnership that I would love to see is things like integrations with UNISWAP as
an example. One great use case for Particia, which we've already demonstrated with our partnership with Toro, is the ability for us to prevent front running. And I think, you know, some of the folks here may be aware
where of what front running is, it's the problem that exists in Texas, but it also has existed in traditional markets as well. Traditional OTC markets have seen front running issues as well. And so for those who are not fully aware of what front running is,
the ability for somebody to look into the chain, a unisolop as an example, look into the chain and see a transaction that is happening for a swap, for a particular value for an asset. And so they're able to see that transaction, the chain, and the bot with base
basically front-run you and put a different bit ahead of you by putting in a higher gas fee to basically jump on top of your transaction. So now what happens is that you are able to purchase the
the asset at a lower price than what the bid that you're trying to front one is at. And the reason why you can do that is because on the chain, again, you can see everything. Everything is visible. You can see the price. You can see how much tokens or asset that you're trying to purchase.
You can see the gas amount that's being used, etc., etc., etc. So you can basically use a bot to read that transaction and get ahead of that purchase to basically purchase it cheaper. And then what you would do is after you purchase it cheaper, the main transaction goes through, and then
Then you go behind the new cell that to make a profit. That's the front running issue or a sandwich attack they call it. But what if you can use MPC to hide the bid value? If you can hide the bid value but still allow the auction to go through,
Then you've basically prevented a front running attack because the person that's reading the chain can see some sort of transaction is happening but is unable to see things like the price or the address or how much they're trying to purchase etc etc.
And so you've basically, you know, you've effectively prevented a front running attack, which is a very serious problem that's been happening in many of the taxes. In fact, we are working on a demo in that in ourselves.
in the near future. So, so, you guys swap would be or or a large text would be a very interesting partnership that I would love to see in the future. Yeah, we could we could we'll talk about that offline because you know, one of the UniSwaps things this year is to
scale horizontally. They got a new slow of products coming along. We were reading a research report yesterday, it was like a billion dollars last year.
in MEV was taken from transactions in community. So just as a number out there, it's pretty crazy how much MEV is taxing the transactions in the network. So good job.
Yeah, it'll be independent, but that we're basically going to provide right back to these people. That's our passion. That's what we want to see and what we want to provide. So yeah, that's a great number to try to tackle. Absolutely.
Bruce wanted to ask a question that was submitted by our community here. I know that you guys have a little bit of a unique ecosystem, but someone was wondering what kind of incentives you guys currently have for dApps that want to build in the Partija ecosystem.
Yeah, so I think some of some, you know, many folks who've been following parties know that we just concluded our, you know, what we kind of called it a hackathon. It really wasn't a hackathon, so to speak, but it really was, it really was more of a grants program. And so we concluded that in December and
we announced five different winners as a result of it. But we still have other participants who are looking to build on top of our chain even though they weren't chosen as the winners. So you can kind of see like the strength of the technology that people are truly believing in it and they
continue to build on top of the chain even though they weren't announced as winners. So as a part of that hackathon, or again, a grass program, what we really focused on was not in the code
that the developers are developing and proposing. But rather, we focused on business ideas. We focused on the business ideas and the problem that you're really trying to solve. And so we have grants programs.
But they're really tailored towards teams that understand the, understand the number one value proposition of part of your blockchain, but also to be able to tackle real world problems. Right?
And that they have a clear understanding of what their business model is. And those are the teams that were kind of focusing on. And so if we get a proposal that says, hey, we want to do DeFi, you know, and this
This is our proposal blah blah blah blah. Yeah, that's probably not something that we would want to go for. What we would want to go for is, hey, here is DeFi project that we want to do. Here is the unique values of Partizia that we want to use.
the private information that we want to hide and the benefits to the people that we will be able to provide as a result of it. And here are our partners that we're working with to ensure that our project is not
not really a project, but it's actually a business idea. So those are the really the teams that we're focused on helping. And so maybe after this call, what I can do is I can send you
a link to our branch program, I guess a summary of what we're looking for in a branch program. I hope that helped. That would be great. That would be awesome. Is there anything Bruce that
that we didn't really touch on that you that you wish we would have. Yeah, I think there was a, you know, one of the things that I was, you know, recently thinking about is a lot of the, that the problems, I've been getting this question quite a bit actually in regards to, hey, listen to, you know, there's a, there's a
a lot of turmoil in the crypto space, you know, what's going on? I don't feel comfortable in engaging the crypto space as an example, right? They're skeptical. And one of the reasons why we hear that a lot is because we
We actually have a lot of enterprise customers. We have a lot of enterprise teams that have built on top of our chain. So as an example, we recently launched, which is one of our milestones. We recently launched a partnership with international Red Cross, right? International Community Red Cross.
And there, the design that we're working with them on is how can we distribute stablecoins to conflict regions where you may have security problems? How can we safely
and privately, how can Red Cross safely and privately send relief funds to individuals and conflict regions? We have a partnership with the Cyberpeace Institute
where we're tackling problems of companies that are inflicted with ransomware. And these companies, they don't want to announce to the public saying that, hey, we've just been infected with ransomware and we're going to be in a position where we need to lose a ton of data.
want to publicly announce that, but they also want to be able to collaborate with other companies that may have also been infected with ransomware. How do you provide a system where these companies that have been infected
be able to privately connect with other verified companies that also have been infected without making their data publicly available. So we have a lot of institutional or corporate teams or organizations that are looking
to on board the system. So these corporate entities are always asking, hey listen, what the heck is going on? The blockchain industry seems like it's extremely skeptical. One of the things that I basically go back to is a joke that
And I think it has been played out in Twitter quite often. I'm in a full attack. So when the bear market hits, people say, "Yeah, I'm here for the tag." "Yeah, we're all here for the tag."
And I thought about that quite a bit. And I realized like,
Those people who are skeptic are really looking at the blockchain as a financial system. But the blockchain is so much more than that. The blockchain is just basically a immutable ledger that's distributed at a moment in time, or with, that records transactions.
Because I'm hard to be trading of assets. The technology itself is revolutionary. And I think it's these moments that really will help the industry take that next step into
understanding where the true value proposition of a distributor-ledger technology can take us. And so maybe that's something that I wanted to mention here because I've been hearing this comment quite often from people and I'm sure people
people in this call perhaps have heard this from their friends and families. All you've invested in this or you blockchain is terrible, what are you all into? You guys are crazy. I would highly recommend showing that some
of the partnerships that we've made that shows how our technology, I mean ours, I mean the entire blockchain industry's technology is currently really truly solving problems, real world problems around the world. And this goes back into that collapse
collaboration mentality that I think we all should have. I get very frustrated whenever I hear people in the crypto space saying, "Hey, we want to turn upside down the existing financial industry. We're going to tear it all down and we're going to create something that brand new."
and tear down the corruption blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah#
So rather than us trying to tear down existing systems, why don't we look at the issues that are occurring in the existing systems and telling them, hey listen, I think we can solve this for you. I think we can help you with this.
This is the opportunity now during the bear market. And when I say, "Hey, I'm here for the technology." That's exactly what it is. We should be here for the technology because that is what's going to take us to the next step, right, to the next evolution of what this entire beautiful industry is all about.
Very well said. Thank you, Bruce. Is anybody Rebecca Bryan? Anybody else have something to ask while we still get on here? Yes, sir. In a recent meeting that we had with a couple of projects, they said, I was like,
I asked this question to potential clients and potential people that we work with and is like, how would you describe Alpha Growth in the value proposition you provide? And they basically came back and said, hey, it's a really, really messy landscape, this decentralized world, all these different
change all these things that need to be done you guys are trying to bring you know clarity and light into really trying to understand what these chains the ESECO systems really want built I mean because there's this bit grand proposition road maps and here we're going to link with this chain and that chain and everything else
So Bruce, the killer question, the clarity. What does partija need help with right now from a project level or an RFP level? Like what is it you guys need for your next step in your roadmap that you're looking to get more help?
Oh wow. I think one of our biggest challenge and one of our biggest mistakes that we have made right in the past is the
is for people to, is that we actually underestimated the fact that MPC is not really well known. So if you kind of take a look at our organization, like I said, we've been around since 2008. We have scientists, PhD, we have professors that are part
the team and they work on this technology day in and day out. And so when we said, hey, we do zero knowledge competition, we thought everybody knew already what the difference between zero knowledge proof and zero knowledge competition was.
And so we expected like people to say, "Oh, okay, yeah, NPC zero knowledge computation, you put that on a blockchain, I know what that does, I know what this means." And we kind of thought that that would happen. And what really happened was like, many people were like zero knowledge,
what is zero knowledge? I have no idea what that is. Or they confused it with zero knowledge proof. It's like, oh, you guys do zero knowledge proof. You guys do this, you guys do that. And it's been a, it's been a labor of love, but it's been a labor to communicate
with various different organizations that show interest in our technology to explain to them. Hey, this is what multi-party computation really is. This is how we differ from zero-knowledge proof, or we would have to
explained to them first what zero knowledge proof is, and then and then re-explained to them the difference between zero knowledge proof and zero knowledge computation or NPC and how that can help solve the transparency issue and blockchains. So if I
I had to say, hey, what can we use help on? I think it's really spreading the word about what zero knowledge really is. So things like this AMA that you guys have graciously provided for us, this is the kind of stuff that we need to do more often and this is where we really can use the help on. So I would definitely love to
to speak with you guys a little bit further after this call on what collaboration or partnership we have and see if we can explore that together. Cool. Just like kind of throwing it out there, what's the main use case or like the number one thing that has zero knowledge computation solves?
we went through a lot of different examples, but more specifically, like, who would you like to meet with? Like, if they, if they leverage zero knowledge computation, either in the industry or, you know, even outside of the crypto industry, who's like, yeah, who's, who's the number one go to? Yeah.
So we talked about the crypto industry. So we talked about in the Uniswab, we spoke class, via VChain, supply chain, et cetera, et cetera. We're from outside the blockchain industry. We are really focused on medical information, medical reference. Very cool. Right.
How can we allow for different organizations to be able to share medical information for whatever purpose, maybe it's for research, maybe it's for pricing, maybe it's for, you know, any other particular reason why you wouldn't
need to, or you would want to be able to share medical records between different organizations while being able to privatize the record holder's data. That would be a great industry for us where I think we can add a lot of value.
That's right. Yeah, so that's one. And the other industry I think we would be able to add a lot of value is an advertisement. So right now, if you take a look at companies like Google or Facebook or even Twitter, we're on Twitter right now. They monetize.
on the habits of users. They monetize by taking the user data and their activities and basically rolling that up and selling it to the advertisers. That's their bread and butter, right? And so here we are, we're browsing the web and we're on
Twitter or we are on Facebook or whatever and we're creating these metrics, all of these data that we have no control over that the industry is basically monetizing and selling that to the advertisers.
What we could do is to be able to put that control back to the users and say, "Hey, listen, we're now going to give you a user control to what data that you want to give to the advertisers." And directly,
because now the advertisers will be able to go to the MBC cloud and be able to pull extracted information without the need for Google or any other major entities. And the user can say, "Hey, this is the data that I want to provide. These are the data that I don't want to provide. And if I provide
these certain data, then please compensate me for it. So now it gives monetization back to the user rather than to major corporations. So that's another industry that I think is worthwhile investing in.
A lot of opportunities. Yeah. I'm good on questions. Joe, anybody out in the audience?
I think I'm good. Really happy to speak with you. Thank you so much for sharing all this. Where's the best place to keep up with Partijah? Yeah, so we have our Telegram and Discord channel.
that a h n at partisa blockchain.com. Awesome. Well, thank you so much for taking part. Thanks everybody for being here and we'll wrap it up.
there. Thank you guys. Thank you so much for the opportunity. Yes, thank you for the opportunity. Thank you. It was an incredible conversation and your building and grace project. Thank you. Appreciate it. Thank you.
Bye everybody.

FAQ on AMA with Partisia Blockchain | Twitter Space Recording

Who invited the speaker to the podcast?
Asia invited the speaker to be a speaker on the podcast.
What is Partija's unique contribution to the blockchain industry?
Partija uses multiparty computation to provide privacy on the blockchain and enables a solution that provides both transparency and a privacy layer.
How does anonymity help establish trust?
Anonymity does not help establish trust since it is difficult to trust someone who is anonymous.
What is the opposite of anonymity in the blockchain industry?
The opposite of anonymity in the blockchain industry is transparency.
Why does transparency alone not help establish trust?
Transparency alone does not help establish trust since it does not provide any privacy and people are not comfortable with sharing all their personal information.
What is the technology that Partija uses to provide privacy on the blockchain?
Partija uses multiparty computation (MPC) to provide privacy on the blockchain.
What is the problem that Partija solves?
Partija solves the problem of trust by providing transparency and privacy on the blockchain.
What is the name of the town where Partija has an office?
The town where Partija has an office is Århus.
What is the problem with complete transparency in the blockchain industry?
The problem with complete transparency in the blockchain industry is that it does not provide any privacy and people are not comfortable with sharing all their personal information.
What is the name of the technology that Partija's co-founder created 50 years ago?
The technology that Partija's co-founder created 50 years ago is multiparty computation (MPC).