Chainlink News

ARPA Collaborates with Chainlink; Works to Combine Privacy and DeFi

ARPA is ecstatic to announce that ARPA is collaborating with Chainlink. Chainlink is the leading decentralized oracle network. The collaboration will bring reliable data to ARPA’s multiparty computation (MPC) network.

ARPA’s multiparty computation network is decentralized and distributed in nature. Working with Chainlink’s decentralized oracle network, ARPA will add a layer of reliability and trust for the off-chain data that is being used by the enterprise clients and the developers of ARPA. ARPA will support the privacy-preserving deduction and training between more than two parties of the portfolio data. 

On talking about the collaboration the, Co-Founder and CEO, Felix Xu, 

Felix Xu said

Chainlink’s specific decentralized design allows the smart contracts to get the same level of security and reliability for the delivery of off-chain data that exists on the basic blockchain. This will ensure a trusted end-to-end framework for constructing a decentralized application that is reliable for its users.

Erica Lee

Erica is a finance professional who has over a decade of experience in the finance sector as a management consultant. After years of reporting on forex, stock markets, and finance, she now contributes her strong financial skills with the CoinNewsSpan team. Since 2014, she has been deeply involved in the blockchain and cryptocurrency space. She believes that blockchain technology has tremendous potential to make our lives better.

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