Blockchain has a privacy problem. Meet Amirreza Sarencheh, the Cryptography and Blockchain Architect helping us overcome it.
https://t.co/Tuc7RHx3eP
With years of experience in academia and industry, Amirreza's research focuses on developing solutions to address blockchain challenges, specifically targeting security, privacy, and efficiency.
He's shared theoretical and practical insights with various institutions including the @bankofengland, @jpmorgan, @MSFTresearch, and @LSEplc.
Amirreza played a critical role in architecting the privacy functionality of Polymesh Private. He continues to focus on enhancing privacy within Polymesh by integrating privacy-preservation mechanisms compatible with a robust regulatory framework.
Ireland 🇮🇪 the tiny nation that could become the next big blockchain hub, thanks to clear #crypto regulation.
With #MiCA's 'passport' rights, licensed VASPs in Ireland like Polymesh node operator @fortunacustody can use Ireland as entry point to enter the EU market.
Polymesh Association Head of Tokenization @MooreGrams is the newest speaker at the RWA Paris Summit alongside speakers from @a16z @coinbase @FireblocksHQ @Securitize @DigiSharesDK @IxSwap @TokenySolutions @EuroclearGroup @dfnsHQ @TrustWallet and more!
The excitement around #blockchain and its applications has led to many networks that purport to multiple use cases and, in effect, fail to properly deliver on their particular niche requirements.
From the beginning Polymesh has stood out from other blockchains, distinguishing itself by focusing specifically on the needs of financial institutions through purpose-built infrastructure for #tokenization.
Polymesh was born out of discussions with large financial institutions, regulators, and other important players in capital markets, and continuously evolves alongside their requirements
These discussions identified that one of the major problems facing financial institutions in transitioning to tokenization was the tradeoff that occurred when choosing between private permissioned versus public permissionless infrastructure.
Public permissionless networks are better for use cases involving large-scale interoperability and broad access but carry the risk of interacting with blacklisted entities, a major hindrance for regulated entities executing transactions of billions of dollars.
Private permissioned blockchains offer a semblance of security and control but require governance to be managed by a central entity, limiting the network’s ability to decentralize systems.
Polymesh, a public permissioned blockchain purpose-built for regulated assets, removes these limitations by providing a compliance-ready and scalable infrastructure specifically for capital markets.
User-level access is restricted to participants with verified identities and node operators – the entities who run operator nodes – must be known, licensed financial entities.
The Polymesh Governing Council has removed Marketlend from the Node Operator pool, and removed their CDD privileges. Marketlend’s keys may be compromised so this has been done as a precaution.
If you are staking on these nodes, your POLYX is safe. If you are staking multiple nodes including Marketlend, your POLYX will be moved to other nodes automatically next era. If you are only staking Marketlend, you will no longer earn rewards and may want to adjust your stake to other nodes.
This is a developing situation. We will provide more information as it becomes available.