Gateway develops a Layer 1 blockchain protocol that enables the creation, consumption, and display of verifiable credentials while maintaining data encryption throughout interactions. This technology allows organizations and individuals to issue and manage custom credentials based on diverse parameters, enhancing trust and security in digital identity verification.
Funding
$4.2M 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.
RVFounders
Product
Problem
Many applications require secure handling of sensitive data, but current blockchain solutions struggle to perform computations on encrypted data without compromising privacy or requiring complex, external privacy layers. This limitation restricts the development of applications that need to combine private and public state data while maintaining confidentiality.
Solution
Gateway is a Layer 1 blockchain protocol designed to enable secure computation on encrypted data, allowing developers to build applications that seamlessly integrate private and public state. The protocol utilizes programmable cryptography and a virtual machine (GVM) based on authenticated garbled circuits to ensure data remains encrypted during composable interactions. This approach eliminates the need for additional layers or co-processors, providing a unified state where encrypted data can be stored and processed on-chain, unlocking new possibilities for applications requiring confidentiality and integrity.
Target Audience
The primary target audience includes developers building decentralized applications (dApps) that require secure handling of sensitive data, such as those in finance, healthcare, and identity management.
Features
- Native unified state, enabling the mixing of private and public data within smart contracts
- Virtual Machine (GVM) leveraging authenticated garbled circuits for verifiable computation on encrypted data
- Encrypted composability, allowing encrypted data to remain encrypted during interactions between applications
- PET Marketplace: An ecosystem for integrating diverse privacy-enhancing technologies (PETs) as specialized co-processors
- EVM compatibility, allowing developers to build using familiar languages and tools