Cardano’s EMURGO Ventures Joins Forces With Blockchain Protocol Partisia
2022.05.03 16:46
Cardano’s EMURGO Ventures Joins Forces With Blockchain Protocol Partisia
- EMURGO Ventures has joined hands with Partisia Blockchain.
- Partisia will deliver its smart contract programming language by mid 2022.
- Partisia’s team will develop customized smart contracts for Cardano developers.
Today, EMURGO Venture announced its partnership with Partisia Blockchain. EMURGO is the official commercial arm of Cardano and Partisia Blockchain is a Layer 1 public blockchain protocol.
Additionally, Partisia is scheduled to deliver the first full version of its smart contract programming language designed for privacy-preserving ZK and MPC computations by the mid of this year.
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.
Partisia Blockchain Co-Founder Brian Gallagher also commented on the collaboration. He remarked that Partisia Blockchain was thrilled to partner with EMURGO Ventures to deliver their first cross-chain, zero-knowledge privacy smart contracts to the Cardano ecosystem.
Gallagher added that the Cardano ecosystem is one of the biggest in the industry and they were looking forward to providing as much value as possible to the developers. He went on to say that they built Partisia Blockchain with a collaborative approach to make their privacy contracts available across all other networks. Gallagher believes that this partnership is a strong indication that they are finding product market fit in this industry and that privacy is in demand.
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