The lack of confidentiality and privacy on blockchains is obvious. It hampers blockchain technology’s disruptive potential as a WEB 3.0 platform supporting value transfer, especially in an increasingly interconnected and data-reliant world.
Dr. Kurt Nielsen, PhD, President of Partisia Blockchain, believes that industry players need to take urgent action to safeguard privacy considerations. Kurt and the team at Partisia Blockchain are pioneering Multi-party computation technology (MPC), a type of distributed cryptography. While blockchain boasts increased security over personal data, MPC ensures that data remains confidential.
Dr. Kurt Nielsen joins me on the Tech Talks Daily podcast to discuss how the combination of MPC and blockchain will pave a trustworthy road for advanced solutions and greater peace of mind for internet users. We also talk about how Partisia Blockchain represents the first successful complete integration of blockchain technology with MPC, allowing for companies to interact with targeted individuals without compromising the users’ confidential data.
Finally, we chat about Partisia’s recent fundraising round which saw $20m of investment, and their plans to use this funding to build an internet privacy infrastructure for the greater good.
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