Zama Raises $73M From Multicoin, Protocol Labs, for End-to-End Encryption Tech ‘FHE’

Date:

Share post:



Zama Raises $73M From Multicoin, Protocol Labs, for End-to-End Encryption Tech 'FHE'

Zama, started in 2020, describes FHE as the “holy grail” of cryptography, allowing companies to offer services to users without the need to see their data and expose it to greater risk. Zama’s most recent product, fhEVM, is a confidential smart contract protocol for Ethereum-compatible blockchains, allowing on-chain data to remain end-to-end encrypted during processing.



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

Expanding From $75M Solo To $260M Multi-Advisor Team By Creating A Company Blueprint Of How Clients Will Be Served with Hilary Hendershott

Scaling a solo advisory firm into a thriving team-based business takes more than strong systems—it takes a...

These Are the Things That Slow Down TSA the Most

When it comes to air travel, passing through a Transportation Security Administration checkpoint is really the...

The Multibillion-dollar shift turning prediction markets into a professional hedging tool

The dominant narrative around prediction markets still centers on elections and sports. Sports account for the majority...

The Essential Guide to Shawnee National Forest

Shawnee National Forest’s Garden of the Gods in southern Illinois features dramatic sandstone formations that rival its...
Verified by ExactMetrics