Founder/FHE x Blockchain
Inco
Inco provides a confidentiality layer for Ethereum and other networks by utilizing Fully Homomorphic Encryption (FHE) to enable secure computations on encrypted data. This technology allows for the storage and processing of sensitive information on-chain while maintaining privacy, facilitating new use cases in payments and beyond.
- Blockchain & Cryptocurrency
- Developer Tools
- Software Only
- Web3 & NFTs
Updated yesterday
Funding
Raised to date
$5.3MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+2Funding rounds are not available yet.
Founders
Product
Problem
Existing blockchain networks lack native confidentiality features, hindering the adoption of sensitive use cases in decentralized finance (DeFi), payments, and real-world asset (RWA) tokenization. Storing and processing sensitive data on-chain exposes users to privacy risks and limits the programmability of compliance and business logic.
Solution
Inco provides a confidentiality layer for Ethereum and other blockchains, enabling secure computation on encrypted data through Fully Homomorphic Encryption (FHE). This allows developers to store encrypted data directly on-chain and perform state transitions on that data while maintaining confidentiality. Inco's technology stack includes FHE, Multi-Party Computation (MPC), and Trusted Execution Environments (TEE) to offer an end-to-end solution for on-chain confidentiality. By augmenting existing blockchains with confidentiality, Inco unlocks new use cases requiring programmable access control and hidden on-chain randomness.
Target Audience
Inco targets blockchain developers and enterprises building DeFi applications, payment systems, and RWA tokenization platforms that require on-chain data confidentiality and privacy.
Features
- Encrypted state on-chain: Store encrypted data directly on-chain and conceal selected information.
- Confidential composability: Perform state transitions on encrypted data fully on-chain while maintaining seamless confidential composability between applications.
- Programmable access control: Grant access to encrypted data to those who need it, making it easy to program compliance and business logic.
- Hidden on-chain randomness: Generate hidden random numbers for applications directly on-chain.
- Fully Homomorphic Encryption (FHE): Compute on encrypted data without decrypting it.
- Multi-Party Computation (MPC): Secure decryption using a secret key split among multiple parties.
- Trusted Execution Environment (TEE): Privacy-preserving and verifiable compute in a hardware-secured execution environment.
- Compatibility with Solidity and existing EVM tooling.