Mind Network
Where data comes from is as important as how it is delivered. Chainlink delivers data in a trustless way, and protocols like ChainlinkBUILD partner Mind Network ensure that the data comes from a trustless environment.
Mind Network's goal is to make computation trustless and secure. Mind Network comes in clutch where zk tech falls short. ZK technology thus far relies on a single party for computation, which means that other parties can't know the state of the computation.
The solution? ZK + FHE (Fully Homomorphic Encryption) FHE enables encrypted computation on encrypted data. This way, data coming from encrypted sources can be computed without sacrificing either privacy or security.
ZK + FHE as cool as a solution as it sounds, ran into a slight hiccup, and as it usually is in the blockchain world, that hiccup is performance.
Mind Network is proposing a framework to accelerate the ZK +FHE computation process, all the while maintaining the data. Thanks to Mind Network's framework, there's only a 10% performance deduction for having your computation done in a trustless and secure way.
Mind Network as the framework that it is, it can have multiple use cases.
Ensure the ownership of photos and videos posted on social media platforms.
Make order-book-type exchanges transparent.
Enable privacy-preserving Risk Profiling
and more…
Mind Network is an essential component to create a truly trustless Web3 environment. I strongly suggest diving deeper in their white paper.
The global team behind Mind Network is experienced and very accomplished in key areas like cryptography and AI, and their members come from renowned companies like Google, Microsoft, and universities like Yale and Cambridge.
