UK startup Optalysys has announced the launch of servers specifically designed for blockchain technologies, utilizing Fully Homomorphic Encryption.
About LightLocker Servers
Optalysys has introduced its new LightLocker servers that utilize Fully Homomorphic Encryption to enhance blockchain transactions. The company's founders, Nick New and Robert Todd, have prioritized secure computing since its establishment in 2013. The launch in Leeds demonstrates their ongoing commitment to this idea. As Nick New, CEO of Optalysys, noted, "The launch of our LightLocker server signifies a major step forward in the realm of secure and private blockchain computing."
Energy Efficiency and Benefits
The servers are designed to compute on encrypted data without the need for decryption, representing a novel approach within the industry. Optalysys claims that these servers showcase a 40% reduction in energy consumption, making them more cost-effective compared to traditional GPU solutions. The new hardware specifically targets privacy-centric blockchain applications.
Community and Investors
Optalysys reported completing a Series A funding round of £21 million in 2023, showcasing investor confidence. The financial sector may witness improved energy efficiency, reducing operational costs for blockchain tasks. Community sentiment towards Optalysys remains positive, with active developer engagement through webinars and conferences discussing FHE technology.
The launch of LightLocker servers by Optalysys is a significant event for blockchain technology, promising to enhance security and confidentiality of computations while improving energy efficiency in this field.
