Shiba Inu implements state-of-the-art encryption to enhance privacy and security for users and developers.
Posted: February 28, 2024, 2:00 PM Updated: February 28, 2024, 12:38 PM
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In a groundbreaking move, SHIB adopts Fully Homomorphic Encryption (FHE), setting a new standard in data privacy and security for users and developers of Web3.
SHIB, the developer of the globally recognized cryptocurrency Shiba Inu, today unveiled its latest innovation, integrating Fully Homomorphic Encryption (FHE) into its ecosystem. This advancement provides $SHIB holders with unparalleled privacy protection, positioning the SHIB community as the first community to enjoy full on-chain data protection in the Web3 space.
By leveraging SHIB’s new privacy layer powered by $TREAT, participants can protect their personal and transactional data from the growing threat of data breaches. This initiative not only enhances user privacy, but also marks Shiba Inu as a pioneer in adopting cutting-edge security measures within the blockchain industry. This is made possible through SHIB’s collaboration with Zama, a recognized leader in web3 encryption, and will accelerate the transition to a more secure and user-friendly network, highlighting SHIB’s commitment to protecting the community without compromising the user experience. no see.
“We know that in order to realize our vision of a nation-state, we must empower our civizens to operate with complete confidence that their activities are private and safe,” said Shytoshi Kusama, a pseudonym. “He said. “This partnership with Zama and the implementation of FHE is an important milestone on our journey to deliver on that promise.”
Rand, CEO and co-founder of Zama, added: “It is incredibly exciting to work with SHIB to provide FHE to millions of people in our communities. “This will not only enable a wide range of new use cases on the Shiba Inu platform, but will also set a new benchmark for blockchain privacy and security.”
With a significant market capitalization and passionate community, Shiba Inu continues to prove its prowess and innovation in the digital asset space. The adoption of FHE is poised to fuel the growth of the ecosystem, introduce new privacy use cases, and demonstrate the potential of privacy-enabled blockchains.
About SHIB
As the world’s leading decentralized finance (DeFi) cryptocurrency ecosystem, SHIB has gained popularity among millions of holders around the world. It has 3.6 million Twitter followers and frequently ranks as the second most searched cryptocurrency project on Google. The token ecosystem includes $SHIB, $LEASH, and $BONE, as well as the native SHIBOSHI NFT. SHIB.io leverages the Shib ecosystem to support high-quality technologies, including SHIB:The Metaverse and Shibarium – a layer 2 blockchain that provides a solid foundation, scalability, security, and innovation for the decentralized world. To learn more about SHIB, please visit the official website (https://shibatoken.com).
To learn more about Shib or to join, visit https://www.shib.io. Get updates on $TREAT on the official @treatsforshib
Introduction to Zama
Zama is an open source crypto company building cutting-edge fully homomorphic encryption (FHE) solutions for blockchain and AI. Their technology enables a wide range of privacy use cases, from confidential smart contracts to encrypted machine learning. Privacy-protecting cloud application.
For more information, please visit https://www.zama.ai/.
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About the author
Gregory, a digital nomad from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With his extensive experience in the financial industry, his insights and expertise have been recognized by numerous publications. Making effective use of his spare time, Gregory is currently devoted to writing books on cryptocurrency and blockchain.
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Gregory, a digital nomad from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With his extensive experience in the financial industry, his insights and expertise have been recognized by numerous publications. Making effective use of his spare time, Gregory is currently devoted to writing books on cryptocurrency and blockchain.