@pixeltric
Zama @zama_fhe Reaches $1B Valuation as First Fully Homomorphic Encryption Company to Achieve Unicorn Status
🤔 What's FHE? Think of it like this:
➖Normal encryption = locking data in a safe
➖FHE = doing math INSIDE the locked safe without opening it
➖You can calculate, process, analyze - all while data stays encrypted 🔒
About Zama
➖$1B+ valuation | $150M+ funding
🔐 Revolutionary tech: Smart contracts that compute on ENCRYPTED data
➖Founded by crypto legends Dr. Pascal Paillier & Dr. Rand Hindi
➖Partnerships: OpenZeppelin & Conduit
➖Game changer: Finally solves blockchain's privacy problem without sacrificing decentralization or composability
Institutions can now use public blockchains while keeping transactions confidential
⚡ The tech: Fully Homomorphic Encryption lets you run calculations on encrypted data WITHOUT decrypting it first
#ZamaCreatorProgram