According to ChainCatcher, Mind Network announced a strategic partnership with Chainlink Labs to launch the first institutional-grade fully homomorphic encryption (FHE) cross-chain product based on the Cross-Chain Interoperability Protocol (CCIP), aiming to enhance asset security and data privacy in cross-chain communications. FHE Bridge has been launched on test networks on Ethereum, Arbitrum, and Polygon, processing more than 3.2 million transactions for more than 650,000 active users.
Mind Network's FHE Bridge combines the FHE Stealth Address Protocol (MindSAP) and FHE verification to provide a complete cross-chain solution through CCIP, which can support quantum-resistant computing and provide new cross-chain security standards for financial institutions and enterprises. This cooperation will also establish a strategic alliance to jointly enhance the asset and data privacy security of Web3 and AI and promote the technical application of FHE.