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MarketersMEDIA / Newsroom / Origo has successfully created a privacy-preserving smart contract

Origo has successfully created a privacy-preserving smart contract

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Recently, the famous silicon valley blockchain project Origo.Network claims on Medium that it has created a privacy-protecting smart contract, which is the first time in the world.

— Recently, the famous silicon valley blockchain project Origo.Network claims on Medium that it has created a privacy-protecting smart contract, which is the first time in the world.

In an article titled The Future of Origo.Network, Baron Gong, the founder of Origo.Network wrote, “We will implement several new techniques (Hybrid Consensus, WebAssembly, Random Beacon, etc,.) on the Origo Chain. Moreover, we have already started designing private transaction support within the Origo Chain, which will make us the industry’s first blockchain that supports both private transactions and private smart contracts.”

Since the beginning of the year, Origo.Network has been inundated by investors. Origo successfully completed its financing process in May, having received a 30 million USD investment from the famous monetary fund lead by Polychain.

Founded in July of 2016, Polychain now is the world’s leading global monetary fund. It’s portfolio includes top VCs like Andreessen Horowitz and Olaf Carlson-Wee and leads investment in projects like DFINITY, Orchid Labs, MakerDao, Nucypher, Basis and Republic Protocol. Polychain Capital, earned investors - including Silicon Valley heavyweight Andreessen Horowitz - a staggering 2,303% last year after fees—among the best showings for a billion-dollar investment firm in history—drawing comparisons to Wall Street traders such as John Paulson and George Soros.

“Origo.Network is an important part of Polychain’s 2030 plan. Olaf is a trusted stakeholder that I appreciate very much. As their portfolio project, we will continue to deliver technology on time. The Origo.Network revolution has just started - stay with us and pull through the bearish market. Think Long, Think Big.” Baron Gong said.

Contact Info:
Name: Media department
Organization: Globalnews

Source URL: https://marketersmedia.com/origo-has-successfully-created-a-privacy-preserving-smart-contract/410692

For more information, please visit http://www.globalnewsonline.info/

Source: MarketersMedia

Release ID: 410692

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