Today we introduce Privasea: AI+DePIN network, which is invested by well-known exchanges in the industry such as Binance LabsBinance Labs, OKX Ventures, Gate Labs, etc. It uses the new FHE (fully homomorphic encryption) technology, has a small size and low valuation, and is a very high-quality and potential project.
The decentralized physical infrastructure network (DePIN) that combines FHE with AI is an important track for the future. FHE technology can perform calculations while keeping data encrypted, ensuring privacy and security throughout the entire data processing process. The combination of AI and DePIN can not only efficiently utilize external computing resources, but also perform complex data analysis and machine learning tasks without worrying about data leakage. We believe that Privasea will promote the development of the FHE+AI+DePIN track and contribute to the security and sustainable development of the global digital economy.
Privasea: is a decentralized artificial intelligence network that realizes the circulation of data value through FHEML technology. The network provides distributed computing resources for the operation of FHE AI, improving the computing efficiency and reliability of AI. Privasea's entire system is supported by ZAMA's specific machine learning algorithms and $PRVA tokens, which promotes the healthy development of the network and the creation of data value.
Privasea integrates FHEML into the distributed computing power crowdfunding network, and combines it with the self-developed DePIN mining machine to form an FHE computing power network that supports all L1 and L2. This round of financing will be used for the construction of the FHEML network and the promotion of the "Proof of Human" Dapp that uses FHE technology.
1. Privasea project investors:
Binance Labs, OKX Ventures, Gate Labs, MH Ventures, NxGen, etc.
2. Project highlights:
1. AI+Depin track+privacy, a collection of multiple tracks
2. Binance, OK, Gate and other exchanges all participated in the investment
3. Privasea’s core technology - FHE, a decentralized approach combined with AI
3. Project Token Information
Token: $PRVA
Total: 1 billion
Benchmark project: io.net
Launch time: Expected to be in the third quarter of 2024 Expected listing: Binance or OKX
4. Privasea Project Advantages
1. Fully Homomorphic Encryption (FHE) Technology:
Allows computing in an encrypted state to protect data privacy and security.
Suitable for sensitive data processing to prevent data leakage.
2. Combining AI with Decentralized Physical Infrastructure Network (DePIN):
Efficiently utilize external computing resources to support complex data analysis and machine learning tasks.
· Ensure the security of data processing through encryption.
3. Distributed computing network Privanetix:
Consists of multiple nodes to enhance processing capabilities and system redundancy.
Improve availability and reliability to support advanced AI tasks.
4. Unique smart contract suite:
Manage data processing in an encrypted state to ensure transparency and traceability.
· Blockchain-based incentive mechanism to improve network participation and computing efficiency.
5.Accseal and Privasea work together to deepen privacy computing
Privasea and Accseal have reached a strategic cooperation to further strengthen their technological advantages. As a leading company in hardware acceleration for privacy computing, Accseal will provide hardware acceleration support for Privasea to improve the efficiency and performance of its FHE operations. The two parties will jointly explore the possibility of integrating ZK and FHE technologies to improve the efficiency of privacy computing and expand its application scope.
6. Purchase nodes + NFT, eat multiple fishes, mining income, pledge multiples, future airdrops
One of Privasea's core technologies is Fully Homomorphic Encryption (FHE), which is considered a gem in cryptography and even considered by many to be the ultimate solution.
The Privasea network is also building a data value circulation system characterized by compliance. By establishing true user data sovereignty, data owners can master the value of data and build a new paradigm of data value system. Based on this, Privasea is expected to become a new value carrier of the trillion-dollar application market and continue to highlight its value.
