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In what is possibly the most impactful Web3 partnership in recent times, we are excited to announce our partnership with Zama to integrate Fully Homomorphic Encryption (FHE) into our Web3 Identity Stack.
Our goals are to:
Integrate FHE to the Galactica Cypher State using Zama's leading technology.
Research
Development
Investment
Create sovereign data markets in which you retain ownership of your information and your right to privacy.
Implement an identity stack capable of protocol-level private reputation.
Congratulations to all those who guessed our new partner correctly in the comments of our previous teaser on X.
This partnership focuses on ensuring a user-friendly experience while safeguarding against tracking and data leaks. By integrating Fully Homomorphic Encryption (FHE) via fhEVM and Zero-Knowledge Proofs (ZKPs), we are pioneering methods to process encrypted data confidentially on-chain. This innovative approach alleviates the computational burden on users by delegating it to professional validators, thereby ensuring robust data privacy and enhancing overall efficiency.
Empowering Secure and Private Data Computation
FHE allows secure computations on encrypted data, ensuring sensitive information remains protected at all times. Combined with zk-SNARKs and zkKYC, it enables selective data sharing while maintaining privacy and compliance. Additionally, GuardianNodes facilitate the verification and integration of data across on-chain, cross-chain, and off-chain environments.
Creating Persistent Private Identities and Augmented Reputations
By leveraging our technologies, Galactica.com can enable users to create persistent private identities and build augmented reputations. This new paradigm allows dApps to adapt to each user's reputation based on shared data, enhancing the accuracy and efficiency of peer-to-peer marketing and data markets.
Unlocking New Use Cases
The integration of FHE and other privacy-preserving technologies opens up a multitude of innovative use cases, including:
Data Training for Large Language Models (LLM)
Reputation Augmented DeFi & SocialFi (RADeFi)
SoulDrops (Reputation Augmented Airdrops)
Dynamic Launchpads
New Credit Derivatives
The merger of TradiFi assets into DeFi|
And more.
Zama is an open-source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain and AI. Their technology enables a broad range of privacy-preserving use cases, from confidential smart contracts to encrypted machine learning and privacy-preserving cloud applications.
The privacy-preserving use cases and what they enable include but are not limited to:
Onchain identity
Identity safeguarding on the blockchain, ensuring privacy while benefiting from its transparency and security features.
Confidential credit scoring
Make precise credit evaluations while upholding strict data confidentiality, presenting a sophisticated solution to maintaining the delicate equilibrium between data and privacy.
Confidential trading
Maintain the confidentiality of the ask and bid prices as well as quantities in trading to protect the secrecy of information in trading such as high-value auctions or sensitive trading.
Tokenization
Effortlessly generate, process, and manage tokenized assets for transactions or identification purposes, all while safeguarding the underlying data through encryption.
To learn more about FHE and Zama, visit https://www.zama.ai