Cardano’s EMURGO Ventures Joins Forces With Blockchain Protocol Partisia -Breaking
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Cardano’s EMURGO Ventures Joins Forces With Blockchain Protocol Partisia- Partisia Blockchain has joined forces with EMURGO Ventures.
- Partisia is expected to deliver the smart contract programming language in mid-2022.
- Partisia’s team will develop customized smart contracts for developers.
Today, EMURGO Venture revealed its partnership with Partisia Blockchain. EMURGO, the commercial arm of Cardano, and Partisia Blockchain are Layer 1 public Blockchain protocols.
Partisia plans to release the full version of its smart-contract programming language, which is privacy-preserving ZK/MPC computations. This will be available by mid-2012.
The firms have stated that the objective of the partnership is for Cardano DApp developers and users to be able to leverage Partisia’s privacy-preserving zero-knowledge (ZK) multi-party computation (MPC) for Cardano DApps.
Partisia’s development team will reportedly develop customized smart contracts for Cardano developers to utilize when applicable to their DApp’s use case, which will still use ADA or Cardano-based tokens.
CoinQuora spoke to EMURGO Founder and CEO Ken Kodama, who expressed EMURGO Ventures’ excitement in partnering with Partisia to bring more privacy tools for Cardano developers to utilize and add value to the Cardano ecosystem.
Kodama said:
Cardano’s Web3 development is advanced by the efforts of Cardano’s dApp developers, and this partnership serves to add more elements to their toolbox to provide services that users will demand such as privacy features.
Brian Gallagher, Partisia Blockchain Cofounder, also spoke out about the partnership. Partisia Blockchain Co-Founder Brian Gallagher remarked on the collaboration, saying that the company was delighted to be able to offer their first smart contracts for Cardano’s zero-knowledge ecosystem.
Gallagher stated that Cardano is a major ecosystem in the field and that developers should be able to benefit from it. Gallagher explained that Partisia Blockchain was built with a collaborative approach in order to allow privacy contracts to be made available on all networks. Gallagher feels that the partnership indicates that the company is finding product market match in this sector and that privacy is in strong demand.
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