20 min
Interview with Kurt Nielsen Partisia Blockchain The DIVI Crypto Podcast
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- Business
Today we’re talking to Kurt Nielsen, Co-founder and President of Partisia Blockchain, a public blockchain built for trust, transparency, privacy, and scalability.
Starting In Cryptography
Kurt’s background is in economics, the field in which he earned his PhD, looking at game theory and auction design. While in this space he first heard about MPC which is a distributor technology that they are bringing together with blockchain. They learned that if you could actually have an institution that’s doing the same as MPC you could improve any decision in the economy. After four years of R&D they did their first MPC back in 2008, a year before bitcoin was announced. Kurt says that was the beginning of his collaboration with experts in cryptography. They had a successful beginning of bringing MPC into use and did so with the largest company in Denmark. That company wanted to use the solution they had come up with in that project and so Partisia was born. Partisia is a commercial platform used to bring MPC into all kinds of use cases. For anyone not familiar, MPC is distributed cryptography that solves for privacy, so it’s a nice compliment to blockchain.
Many Use Cases
When using the technology, it is a generic distributed computer that solves for privacy and can be used in any use case where you want to control private information. One example would be in institutions, like an auction where you have an auctioneer, you could remove the auctioneer with a distributed cryptography, so a piece of software. It can also be used where competitors are collaborating, such as competing banks that are collaborating around how to detect fraud in financial systems. Another use is in key management which is very important. Back in 2013 they started using MPC to make key management.
What’s Next?
When asked what’s next, Kurt says there is so much to innovate on, but they’re mostly looking into new types of businesses, exchanging data differently, and collaborating in a different way. Current regulations almost prevent people from collaborating, and they’ve been working with these types of solutions for some time. Kurt expects to see the boundaries continue to move on what you are allowed to do. He looks forward to getting regulators to approve of new types of collaboration.
To Learn More
Check out partisiablockchain.com or find them on all social media platforms.
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Divi is creating the world's first closed-loop, vertically-integrated cryptocurrency ecosystem. Much like Apple's ecosystem is anchored by iCloud, the Divi Project blockchain serves as the core of the Divi network of technologies. Thanks to a keen understanding of the divide that separates the mainstream from the crypto world, the Divi team is able to create solutions to the industry's biggest problem: adoption by non-technical users. Divi's user-friendly, one-click solutions aim to bring blockchain-based payments into modernity with great UX. In this podcast, we will cover all aspects of cryptocurrency, hot topics, and technology as worldwide adoption grows.
Today we’re talking to Kurt Nielsen, Co-founder and President of Partisia Blockchain, a public blockchain built for trust, transparency, privacy, and scalability.
Starting In Cryptography
Kurt’s background is in economics, the field in which he earned his PhD, looking at game theory and auction design. While in this space he first heard about MPC which is a distributor technology that they are bringing together with blockchain. They learned that if you could actually have an institution that’s doing the same as MPC you could improve any decision in the economy. After four years of R&D they did their first MPC back in 2008, a year before bitcoin was announced. Kurt says that was the beginning of his collaboration with experts in cryptography. They had a successful beginning of bringing MPC into use and did so with the largest company in Denmark. That company wanted to use the solution they had come up with in that project and so Partisia was born. Partisia is a commercial platform used to bring MPC into all kinds of use cases. For anyone not familiar, MPC is distributed cryptography that solves for privacy, so it’s a nice compliment to blockchain.
Many Use Cases
When using the technology, it is a generic distributed computer that solves for privacy and can be used in any use case where you want to control private information. One example would be in institutions, like an auction where you have an auctioneer, you could remove the auctioneer with a distributed cryptography, so a piece of software. It can also be used where competitors are collaborating, such as competing banks that are collaborating around how to detect fraud in financial systems. Another use is in key management which is very important. Back in 2013 they started using MPC to make key management.
What’s Next?
When asked what’s next, Kurt says there is so much to innovate on, but they’re mostly looking into new types of businesses, exchanging data differently, and collaborating in a different way. Current regulations almost prevent people from collaborating, and they’ve been working with these types of solutions for some time. Kurt expects to see the boundaries continue to move on what you are allowed to do. He looks forward to getting regulators to approve of new types of collaboration.
To Learn More
Check out partisiablockchain.com or find them on all social media platforms.
--
Divi is creating the world's first closed-loop, vertically-integrated cryptocurrency ecosystem. Much like Apple's ecosystem is anchored by iCloud, the Divi Project blockchain serves as the core of the Divi network of technologies. Thanks to a keen understanding of the divide that separates the mainstream from the crypto world, the Divi team is able to create solutions to the industry's biggest problem: adoption by non-technical users. Divi's user-friendly, one-click solutions aim to bring blockchain-based payments into modernity with great UX. In this podcast, we will cover all aspects of cryptocurrency, hot topics, and technology as worldwide adoption grows.
20 min