Shiba Inu has been gaining recognition and credibility through various partnerships, distancing itself from its origins as a meme coin. The recent collaboration with Zama, an open-source cryptography company specializing in Fully Homomorphic Encryption (FHE) solutions for blockchain and AI, marks another significant step for the popular crypto project. This partnership aims to enhance data security and privacy by enabling operations on encrypted datasets without decryption, ensuring a safer environment for analytics. The FHE technology has promising applications in crypto, such as confidential smart contracts and private NFT auctions. Additionally, it offers benefits for data analysis, cross-chain transactions, and asset investments while maintaining investor privacy. The partnership with Zama is expected to unlock new possibilities for Shiba Inu's ecosystem projects, including BONE, TREAT, the Metaverse game, and Shidentity program, showcasing the potential for growth and innovation in the crypto space. Read more AI-generated news on: https://app.chaingpt.org/news