November is almost over, and Zama's fourth OG NFT event is also coming to a close! Don't miss this opportunity to participate!
Zama aims to solve a core contradiction in Web3: the transparency of blockchains exposes sensitive data, hindering their application in fields such as finance and healthcare. Their mission is to make privacy the default option by transforming "public" chains into confidential ones.
Privacy public blockchains are currently a hot topic in the market, and we look forward to their future performance! Public information shows that Zama is a cryptography company that builds open-source homomorphic encryption tools for developers. Its homomorphic encryption (FHE) is a technology that allows data processing without decryption. This can be used to create privacy-preserving smart contracts on top of public, permissionless blockchains, where only specific users can see transaction data and contract states.
With 160 million RMB in funding, we should still keep an eye on its progress; good luck to those who want to get their hands on the last OG NFT!
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