Nillion safely processes data through 'blind computing' without revealing the content

The privacy protection blockchain project Nillion recently announced the successful completion of a funding round, raising $25 million. This round of funding was led by venture capital firm Hack VC and received support from project members of Arbitrum, Worldcoin, Sei, and several angel investors. Nillion stated that this funding will be used to promote its 'blind computing' technology, thereby enhancing data security and promoting the development of decentralized applications.

Blind computing: Ensuring data privacy

Nillion's core technology 'blind computing' is an innovative method of processing without revealing the content of the data. This technology allows various applications to work together without disclosing sensitive information, ensuring data privacy. At the same time, this processing model is suitable for large data computing scenarios that require high data security, providing support for blockchain and AI applications.

Blind computing multi-party partners jointly expand the Nillion ecosystem

Nillion's partners include several blockchains such as NEAR, Aptos, Arbitrum, and Ritual. Through these partnerships, Nillion hopes to further expand its application ecosystem and attract more cross-blockchain and AI projects to join. In Nillion's plans, these collaborations will help construct an open environment that balances data sharing and privacy protection, meeting the needs of different applications.

Meets the needs of blockchain and AI, providing secure data sharing solutions

With the development of artificial intelligence and blockchain technology, more and more projects are beginning to explore the intersection of the two, particularly in data sharing and secure storage. Nillion points out that AI development requires a large amount of data, and decentralized data storage and processing technologies help break the data monopoly, preventing data from being controlled by a few centralized entities.

Nillion stated in its announcement: "In this brave new world, the demand for data storage and computing is increasing, and the upgrade of data processing technologies is urgently needed."

This article reports that the privacy blockchain project Nillion raised $25 million to promote the application of 'blind computing' technology, first appearing in Chain News ABMedia.