Sunscreen develops a fully homomorphic encryption platform that enables transaction verification on public blockchains without exposing underlying data, utilizing zero-knowledge proofs to enhance privacy and scalability. This technology allows individuals to perform computations on encrypted data, addressing the need for secure and private transaction tracking in the evolving web3 landscape.
Funding
Funding not disclosed
Founders
Product
Problem
Verifying transactions on public blockchains typically requires exposing the underlying data, creating privacy vulnerabilities. Existing methods for private transaction tracking often lack scalability and can be complex to implement.
Solution
Sunscreen offers a fully homomorphic encryption (FHE) platform that enables computation on encrypted data, allowing transaction verification on public blockchains without revealing sensitive information. The platform utilizes zero-knowledge proofs (ZKPs) to enhance privacy and scalability. Developers can integrate FHE into their Web3 applications to ensure data confidentiality while maintaining the ability to perform necessary computations. Sunscreen's compiler is designed to allow developers to bring their own programs and add FHE to Web3 apps in a streamlined manner.
Target Audience
The primary audience includes Web3 developers and organizations seeking to implement privacy-preserving transaction verification on public blockchains.
Features
- Fully homomorphic encryption (FHE) for computations on encrypted data
- Zero-knowledge proofs (ZKPs) for enhanced privacy and scalability
- Compiler designed for easy integration of FHE into Web3 applications
- Compatibility across multiple blockchain networks
- Support for building private verifiable auctions