Singapore, Singapore, May 22nd, 2024, Chainwire
Mind Network, a leader in fully homomorphic encryption (FHE) applications, announced today the expansion of its partnership with Zama, an open-source cryptography company building state-of-the-art FHE solutions for blockchain and AI. This collaboration integrates Zama's cutting-edge Concrete ML solution for confidential ML training and inference into Mind Network's FHE validation network, setting new standards for decentralized AI validation. This collaboration is particularly groundbreaking as Mind Network is among the first to partner with Zama on their AI initiative.
Zama, renowned for its dedication to making confidential computations accessible, offers a comprehensive suite of tools that enable developers to implement FHE in a variety of applications. Their pioneering work primarily revolves around the development and deployment of an open-source FHE library, designed to facilitate secure, encrypted computations without ever exposing the underlying data. This capability is crucial for sectors requiring stringent data privacy, such as healthcare, finance, and now, AI-driven applications.
The extended partnership with Zama involves the utilization of their Concrete ML library into Mind Network's decentralized FHE validation network to secure the integrity and privacy of decentralized AI computation. This innovative network will allow AI computations to be performed in a hybrid encrypted manner, ensuring the utmost security of complex machine learning processes while achieving reasonable speed. By integrating Zama's FHE tools, Mind Network not only enhances its existing blockchain solutions but also is among the first to apply FHE within the AI sector.
Zama Concrete-ML is a privacy-preserving machine learning framework, which simplifies the use of FHE for data scientists without prior knowledge of cryptography. Model developers can automatically turn machine learning models (e.g. Linear model, tree-based models and neural networks) into their FHE equivalent, using familiar APIs from scikit-learn and PyTorch. The great benefits of Zama Concrete-ML is to enable model training on encrypted data and even more model prediction on encrypted data. This removes a significant barrier of AI development regarding model intelligent property loss, and also the hindrance of AI adoption due to user secrets leakage.
Mind Network enhances security and fairness further for users of Concrete ML. Decentralised AI applications need robust guarantees of the execution of their models, as well as ways to validate the quality of the models before rewarding network participants such as compute, model or data providers. Mind Network's FHE validation service enforces each validator to make independent decisions while still reaching consensus on the result. It removes "clues" and prevents "follow & copy" issues that are inherent to validation services without FHE. MindNetwork is already being used by AI projects, DePin projects and Web3 infras.
This collaboration is particularly groundbreaking as Mind Network is among the first to partner with Zama on their AI initiative. The venture is set to revolutionize the AI industry by providing a platform where AI algorithms can operate on encrypted data across decentralized networks. This not only maximizes data security but also opens up new possibilities for AI applications that comply with strict data protection regulations worldwide.
The implications of this partnership extend far beyond the immediate technological advancements. Many advancements are needed for decentralized AI to compete with centralized AI. However one of the primary advancements needed is in more granular protection over data. This is a critical piece of infrastructure for crypto AI. Networks can now harness the benefits of AI without the risk of exposing sensitive information, fostering a new era of trust and security in AI applications.
Mind Network and Zama are committed to driving innovation in the AI and blockchain spaces, demonstrating the potential of FHE to transform how industries handle and process sensitive data. This partnership not only underscores both companies' leadership in their respective fields but also their dedication to setting new privacy standards in technology.
About Mind Network
Mind Network is the first FHE Restaking Layer for PoS and AI Networks. Their framework operates as an FHE validation network, bringing secure computation and consensus to Decentralized AI, DePIN, EigenLayer AVS, Bittensor Subnet, and many critical PoS networks. Mind Network’s solution enables verifiable decentralized computation over encrypted data. It has achieved 650k+ active users and 3.2M+ transactions processed on its testnet. Mind Network is backed by Binance Labs, Hashkey, Big Brain, Chainlink, and received an Ethereum Foundation Grant for their FHE research on Ethereum.
For more insights and updates on Mind Network's innovations, users can visit Mind Network's website and socials:
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Contact
Sharon
sharon@mindnetwork.xyz
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