Nexis Network offers a decentralized layer-1 blockchain infrastructure that utilizes zero-knowledge proofs to ensure secure and private data sharing for AI applications. This technology addresses the challenges of data ownership and trust in AI development by enabling confidential training and inference of AI models while maintaining data utility.
Funding
$4.5M 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
AI model training and inference often require access to sensitive data, creating privacy concerns and hindering collaboration due to the risk of data exposure. Existing blockchain solutions lack the necessary infrastructure to ensure both data privacy and utility for AI applications.
Solution
Nexis Network is a decentralized layer-1 blockchain designed to enable secure and private data sharing for AI. It leverages zero-knowledge proofs to allow AI models to be trained and used on confidential data without revealing the underlying information. This approach maintains data utility while ensuring privacy, fostering a collaborative and trustworthy environment for AI development. The network supports both EVM and SVM-based smart contracts, facilitating the creation of on-chain AI-driven applications.
Target Audience
The primary target audience includes AI developers, Web3 developers, and enterprises seeking a secure and privacy-preserving platform for AI applications and data sharing.
Features
- Zero-knowledge proof technology for confidential AI model training and inference
- Support for both Ethereum Virtual Machine (EVM) and Solana Virtual Machine (SVM) smart contracts
- Hyper-scalable zero-knowledge Agglayer for high throughput and low latency
- Native token (NZT) used for gas fees and securing the blockchain
- Interoperability with other blockchains via Axelar
- Decentralized AI and data marketplace
- Support for decentralized applications (dApps), decentralized finance (DeFi), and non-fungible tokens (NFTs)