Decentralized application (DApp) platform Enigma will partner with Intel on privacy research as it prepares to launch its blockchain testnet, the two companies confirmed June 20.
Enigma, which completed a $45 mln Initial Coin Offering (ICO) in September of last year, said the collaboration would focus on “research and development efforts to advance development of privacy preserving computation technologies.”
The platform aims to provide the first environment for scalable end-to-end DApps using bespoke privacy technology to protect data “while still allowing computation” on top of it.
“Enigma is excited to continue collaborating with Intel to advance our protocol and privacy technologies for public blockchains, as well as expanding and strengthening our working relationship,” the post adds, hinting further partnership details would follow.
Ahead of Intel plugging Enigma’s privacy developments at the Cyber Week 2018 event in Tel Aviv next this week, Rick Echevarria, vice president of the corporation’s software and services group and general manager, platforms security division, appeared likewise upbeat at the prospect of improving that area of blockchain.
“Security is pivotal to our company’s strategy and a fundamental underpinning for all workloads, especially those that are as data-centric as AI and blockchain,” he wrote in a separate post from Intel, continuing:
We will continue to innovate and make our silicon an active participant in the threat defense lifecycle.”
The move marks a further step in Intel’s blockchain involvement, this already spanning multiple industries, including healthcare, and partnerships, such as with virtual currency hardware firm Ledger.