MultiVAC, a high-throughput public blockchain platform based on trusted sharding computation, has announced a strategic partnership with ARPA, a privacy-preserving computation network. The teams will deepen cooperation in the fields of privacy-preserving computation and data sharing.
ARPA will provide privacy computing capabilities for MultiVAC as the Layer 2 solution based on multi-party computing cryptographic operations, supporting MultiVAC to build a stable, efficient, and secure commercial application. It is reported that ARPA has established strategic partnerships with over 20 major companies at home and abroad.
Data is an important core values and assets for individuals and enterprises. Furthermore, data security and data sharing enjoy a bright future. However, at present, both enterprises and users undertake great risks because of the insecurity of a tremendous amount of private data related to finance, identities, credit score calculations and so on. ARPA is committed to providing secure data transfer solutions based on cryptographic operation for business and individuals.
The establishment of a strategic partnership between MultiVAC and ARPA is a key landmark for both sides. DApp developers in MultiVAC can freely use a secure computation network in APRA to guarantee users’ privacy and security. MultiVAC will deepen its cooperation with ARPA in sensitive information inquiry and big data marketing in the short term. In the future, the teams may expand cooperation in the fields of finance and medical treatment in enterprises.