Mind Network provides fully homomorphic encryption (FHE) technology to secure data transactions and voting processes within AI and proof-of-stake networks. This ensures complete data sovereignty and protection against unauthorized access, enabling users to maintain control over their information in a decentralized digital environment.
Funding
$12.5M raised to dateRaised 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.
Founders
Product
Problem
Current Web3 infrastructure lacks robust data protection, leaving user data vulnerable to unauthorized access and compromising data sovereignty. Existing encryption methods often require decryption for computation, creating security gaps and hindering the development of truly secure decentralized applications.
Solution
Mind Network provides a fully encrypted Web3 infrastructure leveraging Fully Homomorphic Encryption (FHE) to enable computation on encrypted data without decryption. This technology ensures end-to-end data sovereignty and protects against unauthorized access across AI and Proof-of-Stake (PoS) networks. Mind Network's HTTPZ protocol facilitates comprehensive encryption of network data transmission, while the FHE Bridge enables secure cross-chain solutions. The platform empowers "CitizenZ," digital citizens who demand complete control over their data in the Intelligence Age, by providing tools for encrypted voting and secure transactions.
Target Audience
The primary target audience includes Web3 developers, AI developers, and organizations building on PoS networks who require robust data security and privacy solutions, as well as individuals seeking complete data sovereignty in the digital age.
Features
- Fully Homomorphic Encryption (FHE) for computation on encrypted data
- HTTPZ protocol for end-to-end encryption of network data transmission
- FHE Bridge for secure cross-chain transactions
- Encrypted voting mechanisms to secure consensus across AI and PoS networks using $vFHE
- MindV Hubs for FHE voting
- Compatibility with Chainlink CCIP for secure cross-chain communication
- Mind Lake data storage solution