ARPA is a blockchain-based layer 2 solution for privacy-preserving computation, enabled by Multi-Party Computation (“MPC”). Founded in April 2018, the goal of ARPA is to separate data utility from ownership and enable data renting. ARPA’s MPC protocol creates ways for multiple entities to collaboratively analyze data and extract data synergies while keeping each party’s data input private and secure.
Developers can build privacy-preserving dApps on blockchains compatible with ARPA. Some immediate use cases include credit anti-fraud, secure data wallet, precision marketing, joint AI model training, and key management systems. For example, banks using the ARPA network can share their credit blacklist with each other for risk management purposes without exposing their customer data or privacy.
ARPA partners with organizations and tech companies like IEEE Standard Association, ISO, JD.com, Sinochem Group, CAICT, Elrond, and Chainlink.
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Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
ARPA product is relevant to different markets. Its secure computation network enables 1) private smart contracts, 2) privacy protection for data sharing, 3) scalable computational sharding and its verification. So ARPA may appear as a mix of the decentralized cloud computing network and secure data sharing protocol. Both of these segments face different competition. We outlined in other our reports that the blockchain may have a relevant application in the cloud computing industry, but there are too many projects on the radar this year: Ankr, Cartesi, Solana, DeepCloud AI, HyperNet, Uranus, Covalent, Hadron, Perlin, Oasis Labs, Dfinity, Amino and so on. And the second layer of ARPA - data sharing protocol - appears to highlight the project among competitors. Here we see fewer competitors: Dusk Network, Origo, Skrumble, Orchid Protocol, Mainframe. To sum up, ARPA enters the attractive markets with the potentially strong offering, but strong competitors must be noted and followed.
ARPA promises to solve significantly difficult problems of multi-computations and security
But, there is no prototype and whitepaper. Mainnet release may be considered as late - Q2 2018. The core technology is only to be released in Q1 2020
ARPA develops its own token with use cases still not announced yet.
Financial info is not announced yet.A few investors must be mentioned: GBIC, Arrington, Connect Capital, Ledger Capital.
Lack of legal and marketing specialists and strong managers with the proven track record in successful projects.
Use Case: Privacy-Preserving Computation Network
Remarks: ICO price TBC(Using hardcap/total sale token)
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