#cpi #bitcoinhalving #sui #APT #SHIB
In March of this year, the privacy public chain Partisia Blockchain ushered in an important progress. The ecological token $MPC was launched on the exchange. Currently, the $MPC token can be traded on platforms such as Kucoin, Gate, BitMart, Bitfinex, Bitture, and will be launched on the MEXC platform soon.
Since its launch last month, the MPC token has increased by more than 300%, and the daily trading volume has remained at around $6.32 million. Although the performance of the $MPC token after its launch is gratifying, from the fundamentals of the project, based on the current token-related data, we believe that the project is seriously undervalued and is expected to usher in multiple rounds of explosions in the subsequent market.
The privacy system with the greatest potential for implementation
In fact, as a blockchain privacy public chain known for its technology, Partisia Blockchain uses zero-knowledge proof (ZK) technology and multi-party computing (MPC) to jointly ensure data privacy without affecting network integrity and security. This dual approach can perform complex calculations on encrypted data, thereby improving data privacy by default. Based on this, some scenarios with data needs, such as medical care, AI computing and other fields with data needs, can realize data applications without leaking privacy, in line with a series of compliance requirements including the EU's General Data Protection Regulation (GDPR).
Partisia Blockchain has built a new MPC protocol called REAL, which maximizes the use of the multi-node operation matrix to promote MPC usage while meeting the requirements of efficient pre-processing. Based on this, Partisia has also launched MPC-as-a-Service, which can provide MPC services for any scenario with privacy requirements, such as finance, supply chain management, medical and health data sharing, electronic voting, privacy data market, etc. It is expected to set a new standard for any type of privacy-preserving computing within and outside the blockchain ecosystem.
In addition to the feasibility of the privacy solution, its sharding, innovative consensus mechanism, Oracle service framework, etc. bring excellent high burstability and scalability to Partisia Blockchain, and by introducing MPC nodes to the chain, it ensures the efficiency and security of network computing.
We see that as the world's first commercial application supported by MPC technology since 2008, Partisia Blockchain's "MPC-as-a-Service" has begun to penetrate into various Layer1 functional scenario applications, including auctions (DEXs), surveys, voting, artificial intelligence, machine learning, supply chain, fund management, data sharing and other fields, resolving various crises and challenges through the principle of safe and fair distribution of benefits.
Some current application examples include:
Spectrum auctions: Working with telecommunications companies, we use MPC technology to conduct a variety of spectrum auctions, including the processing of large amounts of private data. This technology allows public companies to protect sensitive information during the auction process and complete the necessary computing work.
Vaccine Verification: A system that can be used to verify whether an individual has received specific vaccines, including the number and type of vaccinations, allowing for verification of vaccination status while fully protecting individual privacy.
l Healthcare market: In the healthcare field, MPC technology is used to allow insurance companies, capital market participants and research institutions to access and calculate medical data, fully protect the privacy of doctors and patients, and prevent the risk of data leakage in traditional data processing methods, so as to carry out more in-depth medical research projects.
l Advertising data processing: Use MPC technology to process user data in the real-time advertising industry without infringing their privacy. This approach aims to replace the current cookie-based data collection model, allowing users to take control of their own data while providing advertisers with valuable product insights.
Partisia’s PBC platform has been used for privately deployed multi-party secure computation (MPC) and blockchain services on commercial terms since 2019. In addition to providing basic support for Partisia Blockchain, other partners include Bosch, Provable Labs, Data for Good, Cyberian, etc.
Partisia's public blockchain infrastructure for multi-party secure computing (MPC), namely Partisia Blockchain, will also be launched as a Web 3.0 public blockchain. Current partners include KIN, OriginAll, Insights Network, Humanitarian, Confidential Intelligence, International Committee of the Red Cross, etc.
From a macro perspective, Partisia Blockchain not only has the support of a $200 billion data privacy market, but also, based on its on-chain system, has the support of a $50 billion token interoperability market and a $1.5 trillion token economy expandable market.
As the ecology is further advanced, MPC tokens will be widely used, and their value will continue to be highlighted as the ecological value flywheel runs. This will be the most important basic foundation for the future market expectations of MPC tokens.
No major exchange listed yet
Another reason why Partisia Blockchain’s MPC token currently has a small market value is that it has not yet been listed on major exchanges such as Binance, Coinbase, and OKX.
We have seen that privacy chains in the same field, such as Oasis Network, Secret, and NYM, have already been listed on some major exchanges.
As a top-level technology, compliance-compliant and already implemented privacy ecosystem, Partisia Blockchain matches the narrative of the new encryption era. At the same time, its historical financing exceeds 55 million US dollars, which is in the upper-middle level in the privacy public chain track. Therefore, we have every reason to believe that it has the expectation of being listed on a major exchange. Listing on a major exchange is expected to promote MPC to a wider group of investors and promote the rapid increase in the trading volume and price of MPC tokens.
From another perspective, compared with other projects in the same field, its token market value is only 56 million US dollars, which is extremely low. Compared with Oasis Network (ROSE)'s 858 million US dollars, Secret Network's (SCRT)'s 152 million US dollars, and NYM (NYM)'s 165 million US dollars, MPC is obviously seriously undervalued (there is still room for dozens of times of growth). At the beginning of last year, Partisia Blockchain's financing valuation was as high as 1.6 billion US dollars, so the market is very much looking forward to the subsequent market performance of MPC, which is currently seriously undervalued, and it is worth continuing and paying attention to it for a long time.