Current data collaboration lacks robust security measures, risking exposure of sensitive information. Implementing confidential compute with data smart contracts addresses this vulnerability.
This is the total amount allocated to Bringing Partisia Confidential Compute to Cardano Through Aiken Data Subscription Smart Contracts.
NB: Monthly reporting was deprecated from January 2024 and replaced fully by the Milestones Program framework. Learn more here
Partisia's Confidential Computing integrated with Cardano Data Subscription Smart Contracts for secure data consent management and analytics. Delivers Web3 private insights for the Cardano community.
Partisias advanced multiparty computation (MPC) to bring privacy to public blockchains like Cardano. Cardano, Emurgo already have startegic relationships with Partisia as does Profila. This collaboration will bring MPC to Cardano community showcasing data management through smart contracts.
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Our solution addresses the prevalent issue of insecure data collaboration, risking sensitive information exposure. By combining confidential compute and data smart contracts, we fortify security. Partisia's Confidential Computing, alongside Cardano's Data Subscription Smart Contracts, ensures secure data consent management and analytics. This integration brings Web3 private insights to the Cardano community.
Our project will engage stakeholders within the Cardano community, leveraging the previously funded catalyst data subscription smart contract delivered by Profila. We aim to encourage other companies within the Cardano ecosystem to trial our solution for their data use cases.
Our solution's uniqueness lies in integrating Partisia's advanced multiparty computation (MPC) with Cardano through smart contracts, a novel approach yet to be explored. This integration will facilitate cross-chain collaboration within the Cardano community, enhancing security for data projects leveraging the Cardano ecosystem.
The beneficiaries of this integration include developers, organizations, and users within the Cardano network, who will benefit from enhanced data privacy and security. Additionally, it opens avenues for innovative data collaboration and analytics while ensuring compliance with stringent regulations.
This integration is crucial for Cardano as it strengthens the network's security and privacy features, attracting more projects and users seeking robust data management solutions. By embracing cutting-edge technologies like MPC, Cardano solidifies its position as a leader in blockchain innovation and sets new standards for secure and decentralized data handling.
To demonstrate impact, we will showcase a simple proof of concept illustrating the delivery of multiparty computation (MPC) through data smart contracts. This tangible demonstration will validate the efficacy and potential of our solution in enhancing privacy and security within the Cardano network.
Our existing capabilities are grounded in the expertise of world-class MPC specialists from Partisia, coupled with a proven track record in delivering data subscription smart contracts by Profila. Profila and Partisia boast seasoned experts, ensuring the highest level of security and privacy for data collaboration on Cardano.
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This project will delivered by: Mateusz Kucharski - lead engineer in Profila - See Team here.
Assisted by a lead engineer assigned to Profila by our partners at Partisia.
Budget for 3 months utilisation at 50% over 6 months.
The cost of the project represents excellent value for money for the Cardano ecosystem. The tangible demonstration and integration with another technology provider will validate the efficacy and potential of our solution in enhancing cross platform scale, privacy and security within the Cardano network, ensuring that every dollar invested contributes directly to the ecosystem's growth and resilience.