Artificial Intelligence (AI) tools have become indispensable for answering questions, analyzing code and completing various tasks, including large language models (LLMs). However, many company employees have restricted the use of these tools due to confidentiality and security concerns. Although encrypting data increases security, this is often not preferred because it causes calculation difficulties. at this point Nillion A new project called a decentralized network and solves these problems and enables the data to be processed safely.
What is Nillion?
Nillion is a decentralized network designed to increase data safety while maintaining high calculation efficiency. Contrary to traditional encryption methods, the data does not require the dissolution of the password before processing. This approach improves both privacy and performance.
Project Blockchain, finance, cryptography And technology It was founded by a team specialized in their fields. One of the leading names are Andrew Masanto, Alex Page, Andrew Yeoh, Conrad Whelan, Slava Rubin, Dr. Elizabeth Quaglia and Dr. Miguel also includes Vega. The experiences of team members in companies such as Goldman Sachs, Uber and Indiegogo add reliability and expertise to the project.
Nillion, Hack VC, Hashkey Capital, Distribute Global and Big Brain Holdings, such as investors such as $ 50 million attracts attention with an investment. This financial support shows the trust of the project to the potential of revolution in the safe data calculation.
How does Nillion increase data safety?
Nillion offers an innovative method to securely process sensitive data. Multilateral calculation (MPC), such as privacy -enhancing technologies (PETs) can process data without solving the password. This process ensures that sensitive information is always under protection.
MPC allows more than one side to make joint calculations by keeping the individual inputs confidential. For example, the problem of millionaires introduced by Andrew Yao in 1982 allows two people to compare their reserves without explaining their net assets. By applying this principle on a wide scale, Nillion makes it suitable for sectors that require high levels of data safety.
Nillion prevents the formation of a single malfunction point using a network from the inter -decentralized spouse. Instead of being dependent on a central authority, the data is distributed between multiple node (knot). These nodes maintain strict privacy controls when cooperating to process and store the data. This structure provides a great advantage especially for sectors such as finance, health and special artificial intelligence education.
Nillion’s blind calculation innovation
One of the most important innovations Nillion offers is the blind calculation that allows the data to be processed without release. This method eliminates risks associated with traditional password -solving processes such as unauthorized access or data violations.
Blind calculation is particularly useful for sectors that process high valuable data. For example, in the health sector, patient records should be analyzed by maintaining the confidentiality. Financial institutions can make risk assessments without revealing precise customer data. Artificial intelligence developers can work on special data clusters without disclosing the data while doing model training.
In addition, Nillion’s decentralized structure increases transparency and security. The network distributes the calculation tasks between multiple nodes and makes it difficult for the attackers to access or manipulate data. This approach allows organizations to safely use artificial intelligence and other advanced technologies by maintaining confidentiality.
What is Nil Coin?
NIL COINIs the main network of the Nillion network. It plays a critical role to ensure and manage the network of the network. Users can gain voting power by NIL STAKE, pay for blind calculations and participate in management decisions.
NIL STAKE helps to ensure the security of the network. Participants of the NIL COINs contribute to the stability of the decentralized infrastructure. They provide continuous support to the security of the network by winning prizes in return.
Moreover NILE Used for management for chain. Coin owners can vote on suggestions that affect the future development of the network. They also have the option to transfer voting rights to others, so that an unqualified decision -making process is created. This system allows the network to develop in accordance with the interests of its users.
Nillion offers a revolutionary solution for safe data calculation in every aspect. Using technologies such as multilateral calculation and blind calculation provides privacy without compromising efficiency. Nil Coin plays an important role to ensure the security of the network and facilitate management.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
