Zama is utilizing Fully Homomorphic Encryption (FHE) to enable smart contracts to be executed on encrypted data, ensuring privacy and security.
FHE allows computations to be performed on encrypted data, keeping the actual data hidden from nodes, making it a game-changer for Web3 by maintaining data confidentiality.
Zama's Confidential Blockchain Protocol enables fully private smart contracts, where inputs and outputs remain encrypted throughout the execution, offering enhanced privacy compared to traditional blockchains.
Zama and FHE are introducing a new era for Web3 by prioritizing privacy as a foundational design element, allowing for various applications like private voting, secure transactions, and confidential health apps without exposing sensitive data.