$ARB $WLD $SEI The privacy-focused blockchain startup Nillion raised $25 million in funding in a round led by the venture fund Hack VC, with participation from representatives of projects such as Arbitrum, Worldcoin, Sei, and others.Nillion is developing a service based on the concept of so-called "blind computations," which will help process data without the need to reveal its content. Among Nillion's partners are projects like NEAR, Aptos, Arbitrum, Ritual, and others.
The message states that the concept of "blind computations" allows for the creation of an ecosystem of applications that collaborate without the need to disclose confidential information.
It is known that Nillion is trying to attract projects at the intersection of blockchain and artificial intelligence, where it is necessary to securely exchange large volumes of data and store them.
"Blockchain is attempting to decentralize the ownership and use of data essential for the operation of artificial intelligence systems, thereby preventing the dominance of a few centralized organizations," the statement said.