@emonff
@zama_fhe Makes Banking Private & Secure !!!!!!!!!!
Banks handle some of the most sensitive information about us our account balances, loan details, transactions, personal info and keeping all of this private while still running fast and secure operations is a huge challenge and Zama is build for solve this problems
So let's talk about how it works in plain language:
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Fully Homomorphic Encryption (FHE) Doing Math on Locked Boxes
Normally when data is encrypted it’s like locking it in a box you can’t do anything with it without opening it. That’s a problem for banks because they need to calculate things like interest, total deposits or loan exposure.
FHE is like doing math on the locked box itself. You can compute results without ever seeing the actual numbers inside.
Example: A bank can calculate your total deposits across branches without anyone ever seeing your individual transactions.