Privacy Blockchain Project Nillion Raises $25M to Expand 'Blind Computing'
Summary
Nillion has secured $25 million in funding led by Hack VC, with support from Arbitrum, Worldcoin, and Sei. The project focuses on "blind computing," enabling data processing without revealing its contents, fostering an ecosystem of privacy-centric applications. Partners include NEAR, Aptos, Arbitrum, and Ritual. Nillion targets blockchain and AI projects requiring secure data sharing and storage, aiming to decentralize data ownership and prevent centralization by a few entities. The initiative emphasizes the need for advanced data handling to meet secure storage and computation demands in evolving technological landscapes.
