On Dec 23rd, 2020, the “Cointelegraph China First Anniversary Global Blockchain Techinnovation Summit” was held in Sanya. During the summit, Cointelegraph CH awarded ARPA CEO & co-founder Felix Xu…
On Dec 23rd, 2020, the “Cointelegraph China First Anniversary Global Blockchain Techinnovation Summit” was held in Sanya. During the summit, Cointelegraph CH awarded ARPA CEO & co-founder Felix Xu the TOP 100 Blockchain Influencers Award.
In their role as an observer of and commentator on the industry who bridges the Chinese and international markets, Cointelegraph China selected the TOP 100 Blockchain Influencers after considering factors such as a nominees’ industry contribution, innovative thinking, and media influence. Nominees come from different sections of the blockchain industry, including investment institutions, trading platforms, public chain, mining, wallets, and the media.
Besides Felix, Binance CEO Zhao Changpeng, Dragonfly founding partner Bo Feng, NEO founder Hongfei Da, FTX COO Constance, OKEx CEO Jay Hao, Tron founder Justin Sun, and many other industry leaders were also included in the TOP 100 Blockchain Influencers list.
Felix expressed his gratitude for the recognition and support he and ARPA received and gave his opinion on the future of DeFi:
“The gradual improvement of the Ethernet infrastructure in 2020 led to the booming of DeFi, painting a picture of the infinite potential of the Internet of Value. DeFi products are end user-oriented, developers-oriented, and protocol-oriented at the same time, thus they’re driving the application of blockchain. The combinability between DeFi protocols can enhance fund utilization rate, reduce trust costs, and reduce market friction. More importantly, DeFi, powered by smart contracts, will fundamentally allow finance to evolve from human governance to code governance, using mathematical formulas to achieve Complete Market, which is unimaginable in existing financial systems.”
ARPA is a blockchain-based 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. ARPA allows secret sharing of private data, and the correctness of computation is verifiable using information-theoretic Message Authentication Code (MAC).
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, key management systems, etc. 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.
Team members have worked at leading institutions such as Google, Amazon, Huawei, Fosun, Tsinghua University, Fidelity Investments. ARPA is currently assisting the China Academy of Information and Communications Technology in setting the national standard for secure multi-party computation. ARPA is a corporate member of MPC Alliance and IEEE and is in partnership with fortune 500 companies to implement proof-of-concepts and MPC products. In 2019, ARPA was named as the Top 10 most innovative blockchain companies in China by China Enterprise News and China Software Industry Association.
For more information about ARPA, or to join our team, please contact us at [email protected]
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