The round yielded contributions from Node Capital, Bankless, HackVC, TaneLabs and Metaplanet, while Tarun Chitra and Robert Leshner's Robot Ventures also backed the platform in its fundraising efforts.
Fhenix addresses a huge problem in the Ethereum ecosystem: a lack of encryption for commercially sensitive data. Fhenix gives users the confidence to put sensitive data on public blockchains while also giving developers the tools to compute and transform that data for the first time.
By harnessing the power of FHE, we can solve one of the last remaining challenges in web3, and allow users to not only own their data, but also control who they share their data with. With Fhenix’s encrypted smart contracts, we can empower developers to use encrypted blockchain as an enabler for new business opportunities, including on chain trustless gaming, private voting for DAOs, on chain privacy-preserving AI and much more.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BitcoinMagazine - 🏆 461. / 53 Read more »