Odaily Planet Daily News According to official news, the general FHE protocol octra announced the completion of a $4 million Pre-Seed round of financing, led by Finality Capital, and participated by Big Brain Holdings, Karatage, Presto, Builder Capital, etc. In addition, octra announced that it has released a public WASM sandbox to demonstrate the efficiency of hypergraph in FHE. The architecture of octra is based on "circles", which is an independent execution environment. Within circles, developers can build back-end logic of any complexity for web2 and web3 applications. Coupled with a custom consensus that uses ML for node selection and a combination of PoW and PoS, the network provides security for personal data. Currently, octra is in the final stages of development, and the mainnet is expected to be launched next year.