Jiritsu Network
@Jiritsu_Network
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Verifiable compute | ZK consensus | RWA
Joined December 2022
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We're excited to announce that Michael Lustig, former Managing Director at BlackRock with extensive experience managing ETF assets, has joined our board. Michael brings his deep expertise in financial management and investment strategy to support Jiritsu's initiatives in Real
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Jiritsu is proud to announce the launch of our Layer 1 blockchain in partnership with
@avax
.
This introduces a groundbreaking approach to tokenizing and managing real-world assets through Jiritsu's own ZK-MPC technology, starting with Everready's $20M daily inventory.
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Our friends over at Reflexivity Research breakdown what the RWA industry has been missing and how Jiritsu is changing the game.
.
@Jiritsu_Network
Brings ZK Tech to the RWA Landscape
Intro
In the realm of finance, traditional accounting and auditing methodologies have long served as pillars for financial reporting and corporate governance. Despite their critical role, these practices are frequently
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"Jiritsu's application of zero-knowledge proofs and multi-party computation is not just an advancement; it's a revolution in how we approach the verification and management of digital and real-world assets. By seamlessly blending these technologies, Jiritsu is setting new
.
@Jiritsu_Network
Brings ZK Tech to the RWA Landscape
Intro
In the realm of finance, traditional accounting and auditing methodologies have long served as pillars for financial reporting and corporate governance. Despite their critical role, these practices are frequently
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"The Jiritsu Network recently unveiled the 'Jiritsu Proof,' an innovative automated attestation service powered by its cutting-edge ZK MPC technology, setting a new standard in the verification of both financial and tangible assets. This wide-ranging capability revolutionizes the
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🚀 Exciting News from Jiritsu! 🚀
We're redefining GPU compute power by treating it as a Real World Asset (RWA), pioneering its tokenization and exchange in secure marketplaces. A leap forward in computational power accessibility!
#GPU
#AI
#Blockchain
#RWA
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Very excited to share the news!
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Blockchains have trust but limited compute-power while off-chain processing has unlimited compute-- but they're missing out on trust.
We are creating a flexible programmable layer that is also trustless. Our goal is to empower protocols to deliver more to their communities.
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The Jiritsu blockchain, a Layer 1 solution, introduces a groundbreaking approach to tokenizing and managing real-world assets through the integration of Zero-Knowledge Proofs and Multi-Party Computation, facilitated by Zk MPC nodes.
This platform not only ensures the secure and
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The decentralized compute ecosystem is rapidly growing, with solutions like Akash Network, Golem Network, iExec RLC, and more, challenging traditional cloud services. We're proud to be part of this revolutionary wave.
#DecentralizedComputing
#Innovation
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The Jiritsu team will be at
@Token2049
in Dubai. 🇦🇪
If you'd like to chat RWA with AI, privacy, and verification, send us a DM.
#TOKEN2049
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And some more detail here
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🌐 As we prepare for exciting announcements, our commitment to leveraging blockchain for the tokenization and verification of real-world assets has never been stronger. We're reshaping investment and asset management for the future.
#BlockchainFuture
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🚀 Emerging from a period of strategic stealth mode, we're thrilled to spotlight our journey with ZKMPC technology. A groundbreaking Layer 1 solution is on the horizon, marking a pivotal moment in our mission.
#Innovation
#BlockchainRevolution
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🌟 Exciting Collaboration Announcement: Jiritsu Network and Provenance Blockchain 🌟
Jiritsu Network has been awarded a grant by the Provenance Blockchain Foundation, marking the commencement of a strategic collaboration. This grant will empower Jiritsu Network to enhance
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We will be sharing more on how, why and what.
Just wanted to say hello world 🌍
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💡 Our ZKMPC Cloud has been at the forefront, addressing blockchain's compute challenges. We're tackling the EVM's limitations, complex oracle + compute problems, and the critical need for automation.
#TechLeadership
#Blockchain
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🌟 Stay tuned as we embark on this exciting journey, bringing groundbreaking technologies and partnerships that will redefine the landscape of investment and asset management. The future is bright, and we're just getting started.
#InnovationJourney
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Here is our whitepaper.
It's a snapshot with lots of progress since we first posted it.
I will unpack parts of it in upcoming tweets.
Then follow up with what's new.
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🔄 Automation and off-chain data acquisition are more than technical challenges; they're opportunities to redefine blockchain's potential, enabling complex workflows and retrospective audits.
#BlockchainInnovation
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🌍 Our journey in DeFi has proven the resilience of our solutions, handling millions of proofs. Yet, our vision extends beyond current successes, targeting the tokenization of real-world assets.
#DeFi
#RealWorldAssets
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Read more about the Jiritsu Layer 1’s approach to securely verify assets on chain, our ZK-MPC integration, and our collaboration with Avalanche 👇
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🗣 Industry giants like J.P. Morgan's ONYX and BlackRock's Larry Fink have validated our direction, acknowledging blockchain's capacity to transform private equity and institutional assets.
#IndustryRecognition
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We innovated AI proof of inference through bXAI.
Our efforts in the NVIDIA Inception program are not just advancing technology but are actively shaping the future of decentralized computing. Stay tuned for more!
#AI
#Cryptography
#NVIDIAInception
Jiritsu brings explainability to ChatGPT.
"Explainable AI (XAI),...is AI in which humans can understand the decisions or predictions made by the AI."
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Exciting development: Integrating NVIDIA's Confidential Compute into our ecosystem! This marks a major advancement in secure, efficient, and accessible GPU computing.
#ConfidentialComputing
#NVIDIAGPU
#Security
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🛠 The tokenization and verification of real-world assets stand at the core of our strategy. With Jiritsu, we're leading the way in ensuring these assets' values are accurately captured and verified.
#Tokenization
#AssetVerification
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🏦🪙 Standard Gold-Backed Stablecoins 🪙🏦 Digital currencies backed by physical gold in secure vaults sound promising, but until now, their reality was only attested to quarterly by accounting firms. This periodic verification left questions about real-time value and trust.
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⚡️ Jiritsu ZK-MPC Unlocks Real-Time Verification ⚡️ Enter ZK-MPC technology, enabling a seamless bridge to the gold's infrastructure and supply chain. With ZK-MPC, on-demand verification of gold-backed stablecoins becomes possible, offering unprecedented transparency and
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Our technology leverages NVIDIA's advanced features to ensure every AI job on our decentralized network delivers the promised value. Proof of work meets AI, ensuring trust and efficiency in every transaction.
#NVIDIA
#DecentralizedComputing
#NVIDIAinception
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At Jiritsu, purchasing compute resources means guaranteed value. Our zkMPC cloud and Layer 1 network bring unparalleled reliability and transparency to AI compute.
#zkMPC
#BlockchainTechnology
#RealWorldAssets
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🔑 The upcoming unveil of our Layer 1 solution is set to revolutionize how we value, verify, and secure real-world assets before their tokenization, making these markets accessible to all.
#Layer1
#MarketTransformation
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The demand for GPU compute is insatiable. We're committed to transforming this demand into innovative, tangible advancements. Join us in shaping the future of computing. The journey is just beginning! 🌟
#FutureIsNow
#Innovation
#Jiritsu
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NVIDIA's inclusion of confidential computing capabilities is a game-changer. It represents a significant shift in accessing and trading computational resources, ensuring a secure, efficient future in computing.
#TechLeap
#NVIDIA
#FutureOfComputing
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Hey everyone I'd like to introduce the team
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So a bit on our journey.
We've come from an AI and realtime systems background
So naturally we got excited about bringing AI to crypto-blockchain use cases and to the community
This means making AI trustless
We call this blockchain explainable AI or bXAI
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More to follow re our approach.
Our core requirement is to verify with consensus based on math not on reputation.
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It's the job of verifiable compute to
answer these questions
prove what was done
and make the workflow transparent.
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We've outlined bXAI here in our lite paper.
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Enabled by cryptography and blockchain...turbo charge by verifiable commute!
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But, as we started to look at DeFi and NFT use cases, we found that it was early for AI.
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Unforgeable identities is what will transfer tremendous value from Web 2 to Web 3 and Blockchains.
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More on the journey to follow, some of the challenges and then solutions ✨
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Here I need to take a moment and acknowledge that we never would have gotten here without help.
Our earliest investor and collberators
@0xtanler
at delivered invaluable insight, pushback and savvy.
🙏
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Here's a feel for the problem
To safely use a number in a smart contract e.g. TWAP = time-weighted average price.
You need to go beyond the Oracle's question: where did it come from?
ask
What time span? How many samples? If multiple sources, are they weighted equally?
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And as we talked to customers we realized that trustless AI was a special case of verifiable off-chain compute.
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A bit more on our journey and the evolution of our thinking and technology.
Web 2 signal processing
and AI (4 exits)
⇣
AI for NYC quant hedge funds
⇣
AI for blockchain
⇣
Verifiable compute
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The same way Web 2 evaporated paper catalogues, cryptographic identity (wallets) will replace trust in banks, credit cards and e-comm sites as well as the need for messaging hubs.
All that value will flow into public blockchains.
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As mentioned, the natural place for us to start adding value to the blockchain community was trustless AI.
(at risk of being redundant here is the link again )
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We have built successful companies in Web 2 infrastructure. Stuff that has scaled.
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Transparency in AI is often referred to as explainability-- XAI
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@julien51
Agree! Here is a short thread on our approach.
Jiritsu brings explainability to ChatGPT.
"Explainable AI (XAI),...is AI in which humans can understand the decisions or predictions made by the AI."
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