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You are at:Home » AntChain Debuts New Privacy Focused Blockchain Solutions
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AntChain Debuts New Privacy Focused Blockchain Solutions

AntChain claims that the FAIR platform and the T1 security chip can be helpful in ensuring the security and trustworthiness of data flows within blockchain networks.
Arun ShakyawarBy Arun ShakyawarOctober 22, 2021No Comments2 Mins Read
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AntChain Debuts New Privacy Focused Blockchain Solutions
Yan Ying, technical director of AntChain, unveiled the FAIR platform at the Apsara Conference on October 22, 2021. (Image Courtesy of Business Wire)
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AntChain, the flagship technology brand of Ant Group, today launches its first security chip and a new privacy focused blockchain platform.

AntChain claims that its privacy focused blockchain platform, FAIR, and its first security chip, T1, can be helpful for enterprises in ensuring the security and trustworthiness of data flows within blockchain networks.

IDC ranked AntChain first in China’s blockchain-as-a-service market in 2020.

What is the FAIR platform?

The FAIR platform is based on AntChain’s upgraded technical architecture. AntChain claims that the FAIR platform natively integrates privacy-preserving computation (PPC) and blockchain technologies in a unified platform, unleashing the value of data flows over their entire lifecycle.

FAIR is designed to address pain points in multi-party collaboration on data flows, which is increasingly common on the industrial internet.

It replaces traditional “PPC plus blockchain” dual-system architecture, integrating the two into a single platform, in which PPC technology handles encrypted private data across multiple segregated data sets, while blockchains provide a traceable, immutable foundation for trusted data flows.

Native integration of the two technologies significantly strengthens compatibility and efficiency, while reducing deployment costs.

Yan Ying, technical director of AntChain, said:

“Data privacy protection is becoming an underlying requirement in the industry. AntChain believes that privacy-preserving computation should be a native capability for blockchain networks. The FAIR platform deeply integrates blockchain and PPC to further expand the capability of blockchain networks, allowing each node in a blockchain network to act as a node for privacy-preserving computing.”

The FAIR platform utilizes three kinds of PPC technologies, including multi-party computation (MPC), trusted execution environments (TEE), and federated learning (FL). Leveraging hardware innovations and close integration of hardware and software, the FAIR framework is 100 times more efficient than traditional solutions.

AntChain’s T1 security chip

T1 security chip is its first self-developed blockchain-powered security chip. The chip uses Xuantie E803 high-performance processor IP from T-Head Semiconductor and will be deployed across AntChain’s hardware products, including its all-in-one workstations.

AntChain said in a press release that the T1 chip can host a secure execution environment, and provides a variety of security features, including digital signatures and data integrity verification, to better fend off both software and hardware attacks.

AntChain’s hardware products and technologies, including the AntChain Workstation and Module-as-a-Service, have already been deployed by partners such as Chery Automobile and Tianneng Group, connecting physical assets including commercial vehicles and batteries to blockchain networks with trustworthy hardware-software integration.

Ant Group AntChain Blockchain Technology Blockchain-as-a-Service (BaaS) China
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Arun Shakyawar
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Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

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