The high volatility of cryptocurrencies precludes their use as a medium of exchange or unit of account: The root cause of this volatility is their lack of monetary policy for price stabilisation. Although some cryptocurrencies seek price stability (i.e., stablecoins),…
We are happy to announce that the United States Patent and Trademark Office will issue the Patent No. 10423806 to “Secure Computation on Spreadsheets”. The history of this patent goes back very far: One of the first software patents was…
In practice, using cryptocurrencies without identity means that the costs of identification are externalized to third-parties and, worse yet, repeated and incurred multiple times: KYC/AML to access online exchanges and/or for ICO participation (the cost of a check ranges from…
Most announces of previous blockchains can be classified in the following groups: better hash algorithm (e.g., Litecoin) not using Proof-of-Work (e.g., Peercoin) better scripting/smart contracts (e.g., Ethereum) anonymous (e.g., Zcash, Monero) highly scalable (e.g., Zilliqa) a combination of the previous…
The Holy Grail of Blockchains, or how to build the most scalable, decentralised and secure blockchain, solved in the next publication (bonus: also including identity!).
Current permissionless blockchains are slow, insecure and fail to properly manage the real-world identity of their users. However, our blockchain solves all these problems by pushing the state-of-the-art on cryptographic research. Our identity solution integrates the most diffused identity network…
How are smart contracts being verified nowadays? Generally, smart contracts are stored on the blockchain and the executing party must inspect their source code before executing them. If there are N parties that want to execute the source code, all…
The five ascending levels of intellect: Smart, Intelligent, Brilliant, Genius, Simple. Albert Einstein Beyond the genius of secure computation, there is the simplicity of its use. Previous approaches to secure computation have developed their own programming languages and new type…
Smart contracts are becoming the leading use case of public permissionless blockchains: nowadays, Ethereum is the main blockchain by the number of transactions (more than 50% compared to the rest of competitors) and more than 50% of those transactions are…
How much is secrecy worth and how many times can a secret be sold? These fundamental questions are solved on the following paper: Thanks to the new financial models described on the paper, you can now quantify the value unleashed…