Enigma Launch Partners Introduces First 8 Projects to Create a Privacy Protocol Solution
Enigma announced some exciting news for its community today, introducing news partners that it’s collaborating with to build a real decentralized privacy protocol. Each of the partners brings to the table unique expertise to see the Enigma testnet become a reality, according to a post made by the company on Medium.
Here’s an outline for each partner, and how they are building on the platform:
Portal Network is a fully decentralized and incentivized ecosystem built to provide blockchain protocols governed by smart contracts. It also has a product suite that enables users with or without technical know-how to create and deploy decentralized applications and websites.
The platform will be deploying ENGNS (Enigma Name Service) using a design for secret auctions that will allow users to bid for domain names with encrypted bids. The platform will also be doing tests on the value of its decentralized BNS marketplace when it comes to cross-chain bidding.
Ocean protocol is a decentralized platform focused at unlocking data for artificial intelligence (AI) consumption. The Ocean ecosystem provides data assets among other associated services to allow the creation of orchestrated solution along the supply chain, allowing for verification and privacy preservation.
In the Enigma project, the ability to provide verifiable and private compute within a data supply chain is important. Considering the two projects are complementary in nature, Enigma and Ocean feel that it’s of much benefit to work together. Oceans will use TCRs (Token-curated Registries) to help protect voters’ confidentiality as well as prevent any potential attacks to the system.
This si a decentralized data and real estate marketplace built to enable parties to transact freely and directly without requiring the services of marketplace middleman. It allows users to confidently buy and sell real estate data without any fears of exponentially more stakeholders. In order to keep raw data private, it collaborates with Enigma project5 on secret validation. The feature allows users to use data validators to confirm the accuracy of any underlying data without disclosing it on-chain.
Datawallet is a decentralized platform for consumer to business data exchange. It empowers users to get value from the data they provide to companies using the best in-class analytics. The platform is using Enigma to develop a feature for Sybil prevention by simply utilizing the social data of users without disclosing it to third parties. This helps Enigma bootstrap identity using users’ existing social media profiles in order to prove that they are not bots, and at the same time keeping their data completely private.
Datacoup specializes on providing tools and apps for people who want to reclaim control of their data through blockchain-based data marketplace and monetize it. Such data includes fitness, search and browsing, social, purchase history, demographic, and other data sets.
Being able to go through encrypted metadata, requesters in the marketplace are able to purchase only relevant data. The users begin by querying from a data set, and the system compares the metadata to determine match/relevancy in a trusted environment, returning a list of results for that specific query. The entire process is executed while retaining the privacy of the data.
Colendi is a decentralized microcredit protocol and credit scoring, utilizing blockchain to provide innovating and universal financial passport that acts as a bridge between unbanked microfinance borrowers, merchants, and lenders globally. By integrating with Enigma, Colendi users the project’s secret contracts to enable storage of relations between users and data providers, consequently securing run algorithms over user data.
Eximchain aims to create the first privacy-focused enterprise-ready blockchain ecosystem publically available for global supply chain. The project intends to create a decentralized platform for borrowers to get the best rates according to their credit profile. By working with Enigma, it will achieve this while maintaining privacy and ownership of data to users throughout the process.
2key is a protocol that merges blockchain with HTTP, enabling smart contracts to be launched from web links. This means that anyone – even those without any technical know-how – can create smart links that incentivizes and rewards those who share them.
By working with Enigma, 2key can track those who share the links through their cryptographic addresses while keeping the user-sensitive information private. The building block encrypts specific inputs and facilitates user-tailored or role-based access to data.
Enigma Project can achieve more
Sybil protection, data validation, secret computation, and private voting are just a few of the categories Enigma is exploring. The project remains dedicated to partnering with more projects across the space to provide better blockchain-based solutions.
According to Enigma, more information about projects each of the outlined partners launch will be released over the next weeks, including any technical updates. The company will also profile any additional projects/companies that are ready to partner with them.