Enigma, an off-chain network solving scalable privacy for blockchains, and Aion, a platform to solve the problem of interoperability and scalability for blockchains announced they are working towards a partnership that will help bring data and computational privacy to every blockchain.
Enigma is an off-chain peer-to-peer network that enables different parties to jointly store and run computations on data while keeping data completely private through the use of secret contracts. Connecting Aion with the Enigma secure multi-party computation platform enables users and developers to process sensitive data, computation, and storage from the Aion ecosystem in the off-chain Enigma network.
Through Aion’s powerful bridging protocol, which allows for transacting with multiple blockchains without involving a centralized integration mechanism, the overall accessible network of the Enigma platform will be securely improved. This would allow Enigma’s secret contracts — smart contracts that keep sensitive data encrypted at all times — to be available across the Aion network.
Guy Zyskind, CEO, and co-founder of Enigma:
“We are excited to work with the talented team at Aion to help them achieve our shared vision of expanding blockchain scalability while preserving privacy. Aion’s protocol allows Enigma’s technology to reach more blockchains and bring us closer to realizing a truly decentralized future.”
Matthew Spoke, CEO, and founder, Aion:
“Enigma is building one of the key infrastructure requirements needed for mainstream adoption and we are excited to work with such a visionary team towards this common vision.”
Engima Use of Data in Crypto Trading
The first application to be built on the Enigma data marketplace is Catalyst, a platform for data-driven crypto asset investing and research. Powered by Enigma’s crypto financial data marketplace, Catalyst empowers users to share and curate data and build profitable, data-driven investment strategies. Users can also immediately execute strategies on major exchanges using Catalyst’s live trading tools.