Aptos announced its integration with the Nillion privacy platform to support various privacy-preserving applications on the blockchain. The collaboration aims to provide new opportunities for decentralized finance (DeFi), artificial intelligence (AI), and other applications.
Aptos and Nillion Collaboration
Aptos is integrating with the Nillion platform to enable various privacy-preserving applications, including decentralized finance (DeFi), private artificial intelligence assistants, secure social media, private gaming, and collectibles. This announcement was made by Nillion representatives on August 29.
Technologies and Capabilities
Founded in 2021, Nillion uses 'blind computation' technologies such as multiparty computation (MPC) and fully homomorphic encryption (FHE) to decentralize trust for sensitive data. According to the company, these technologies could ensure complete privacy for user interactions with Aptos-customized AI models. Additionally, DeFi users could benefit from private trade execution or hidden liquidation vaults, while supply chains could enhance transparency without compromising sensitive data.
Context and Implications
The integration comes amid the recent arrest of Telegram co-founder and CEO Pavel Durov in France, raising concerns about a potential crackdown on privacy-oriented technologies. Ethereum creator Vitalik Buterin described the situation as 'very bad and worrying for the future of software and comms freedom in Europe.' Aptos was launched in 2022 and has approximately $425 million in total value locked (TVL). Nillion also announced its integration with Arbitrum, an Ethereum layer-2 scaling solution, on August 20.
The integration with Nillion will allow developers to leverage new possibilities for creating decentralized applications that handle sensitive data. This collaboration could be a significant milestone for blockchain technology development and its privacy enhancement.
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