Nillion and Arbitrum Integration: Boosting Privacy and Scalability on Ethereum
Publication Time:2024-08-21 06:46:07
Cointelegraph reports that Nillion, a 'blind computer' based on multi-party computation, is dedicated to ensuring privacy security in data processing through privacy-enhancing technologies such as multi-party computation and fully homomorphic encryption. Recently, Nillion announced its integration with the Ethereum scaling solution, Arbitrum, aiming to leverage the Layer 2 benefits of Arbitrum to provide safer and more efficient settlement solutions for decentralized applications (dApps). After integration, Nillion’s applications will not only utilize Ethereum’s security for settlements but also bring their privacy-protected data processing and storage capabilities to Arbitrum, further enhancing the privacy and functionality of their decentralized applications. Founded in 2021 by seasoned industry professionals including former Uber, Indiegogo, Hedera Hashgraph employees, as well as executives from Coinbase and Nike, Nillion collaborates with decentralized AI startup Ritual to develop decentralized blind AI inference technology, expanding its application scope in the AI field.
Arbitrum
Ethereum
Nillion
Decentralized Applications
Privacy Protection
Multi-Party Computation