Summary
TLDR: Zama, a Paris-based startup, raised $73 million for fully homomorphic encryption technology, which can enhance security in blockchain and other sectors by allowing data to remain encrypted during processing. This advanced encryption can protect sensitive information and make data practices safer across industries, ultimately accelerating adoption of secure practices.
Key Points
1. Fully homomorphic encryption is a revolutionary form of encryption that could significantly bolster the security of blockchain technology.
2. Zama, a Paris-based startup, raised $73 million in funding, showcasing the growing interest and investment in fully homomorphic encryption technology.
3. Fully homomorphic encryption allows data to remain encrypted during processing, adding a vital layer of security to blockchain technology and potentially accelerating the adoption of safer data practices across industries.