Neo and MADANA Partnership

Confidential Computing and Blockchain Technology

Intro

We are more than happy to announce that Neo and MADANA are entering officially a strategic partnership to benefit the general public and the global blockchain industry with a joint effort to synergies our technological stack.

Partnership

Our partnership will explore the benefits of confidential computing methods such as TEE (Trusted Execution Environments) for Blockchains, in which MADANA has specialized and also patented an automated process for the protection of electronic data for the purpose of data processing by third parties.

As a starting point, Neo and MADANA will evaluate MADANA’s secure processing applications in combination with the NeoFs ecosystem. We hope to find exceptional use cases that will benefit the development of dApps with stronger security and trustlessness and open up innovation for the global blockchain community by facilitating innovation.

MADANA

Founded in 2017, MADANA is a German company that focuses on cutting edge applications for confidential computation and fosters data privacy. It has co-founded blockchain-related organizations such as INATBA, and its partner network in Europe includes many blockchain companies and associations as well as from traditional industries such as Capgemini.

Neo

Neo is an open-source platform driven by the community. It utilizes blockchain technology and digital identities to digitize and automate the management of assets using smart contracts. Using a distributed network, it aims to create a smart economy by building infrastructures of the next-gen Internet and creating a solid foundation for mass blockchain adoption.