We are excited to introduce Pado, a revolutionary technology reshaping the data landscape in the data-driven age. Pado emerges as a pivotal player in transitioning from the traditional centralized web to a blockchain-enhanced, value-driven internet. It is distinguished as the premier attestation solution on networks like Linea and Scroll.
Data is the lifeblood of the modern Internet. As we transition from a web of information to a web of value and functionality, data emerged as a cornerstone in artificial intelligence, blockchain, and platforms.
Following the era of mobile internet, a surge in data collection and exploitation emerged. The AI revolution introduced groundbreaking tools for extracting value from this data, transforming how companies operate and innovate.
The rise of platforms like Uber and Lyft exemplifies this shift. These companies, at their core, are data-driven entities that harness user data to optimize routes, tailor marketing strategies, and refine their service offerings. Their algorithms dissect consumer behavior, traffic, and even pricing elasticity, turning ordinary travel data into valuable insights for strategic decision-making, but it also raise signifcant privacy and pricing power concerns
Blockchain technology, with its decentralized and tamper-proof ledger, presents a novel approach to data management and exploitation. In industries like supply chain management, blockchain provides transparency and traceability, allowing for the accurate tracking of goods from origin to consumer. In the financial sector, blockchain enables secure and transparent transactions, minimizing the risk of fraud. Blockchain's ability to provide a secure and unalterable record of data has also found applications in areas like voting systems and intellectual property rights, ensuring data integrity and reducing the chances of manipulation.
As public demand for data ownership and enhanced privacy grows, there's a pressing need for a bridge from closed platforms to a more open internet. Pado steps in to fill this gap. Unlike previous on-chain data practices, Pado offers a secure, trustless method for transferring various data types to decentralized networks.
Utilizing MPC-TLS and innovative interactive zero-knowledge proof solutions, Pado has rapidly become a leading solution for secure, trustless, and broad-spectrum data source attestation. It has gained prominence in major data attestation networks, collaborating with key players like Scroll, Linea, PolygonID, EAS, Uniswap, and Celer.
Individuals can also employ Pado to migrate their data directly. A user-friendly Chrome extension facilitates the generation of proofs for KYC, CEX balances, and token holdings.
The possibilities with Pado are vast. It paves the way to liberate data from centralized platforms that treat personal data as a proprietary asset. Imagine merging services like Uber and Lyft on a decentralized blockchain, halting the perpetual extraction of value from users and drivers.
Pado is dedicated to expanding the horizons of data freedom.
Pado is fervently developing its API, poised to empower developers to craft data-driven applications. This API will enable the migration of Web2 applications to decentralized networks, challenging existing Web2 structures. Developers will have the ability to transfer diverse data types under TLS protocol to the blockchain.
Merely accessing raw data is insufficient. Pado aims to empower users to process data securely and privately, employing Fully Homomorphic Encryption (FHE) for this purpose. This will allow users to refine and personalize the raw data sourced from centralized applications.
With Pado, we are witnessing the dawn of an era where data exploitation and isolation are being dismantled. It offers users unprecedented control—to retrieve, migrate, utilize, and own their data. For the first time, decentralized applications (dApps) have the potential to challenge the data monopolies of centralized platforms, significantly reducing migration costs and barriers for users. Pado is setting the stage for dApps to not only compete with but also potentially surpass centralized applications in this data-driven era.