Ethereum

Franklin

Aptos

Aptos is integrating privacy platform Nillion to support privacy-preserving applications on the layer-1 blockchain network, Nillion told Cointelegraph on Aug. 29.&nbsp;
Aptos will be able to support applications such as confidential decentralized finance (DeFi), private artificial intelligence assistants, secure social media, private gaming and collectibles, and more, Nillion said.
“DeFi users could benefit from private trade execution or hidden liquidation vaults, while supply chains could enhance transparency without compromising sensitive data,” according to Nillion.&nbsp;
Founded in 2021, Nillion is a “blind computation” platform that uses technologies such as multiparty computation (MPC) and fully homomorphic encryption (FHE) to “decentralize trust for sensitive data in the same way that blockchains decentralized transactions,” according to Nillion’s website.&nbsp;
“Nillion’s blind computation technology could ensure that user interactions with Aptos-customized AI models remain completely private,” the company said.&nbsp;
The integration comes as Telegram co-founder and CEO <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/telegram-ceo-pavel-durov-france-court" rel="noopener noreferrer nofollow" target="_self" text="null">Pavel Durov’s arrest in France</a> sparks fears of a potential crackdown on privacy-oriented technologies, which are often essential for crypto operations.
Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/telegram-ceo-durov-arrest-privacy-crypto" rel="noopener noreferrer nofollow" target="null" text="null">Telegram CEO Pavel Durov’s arrest has worrying implications for crypto</a>
The arrest “looks very bad and worrying for the future of software and comms freedom in Europe,” Ethereum creator Vitalik Buterin said in an Aug. 25 <a data-ct-non-breakable="null" href="https://x.com/VitalikButerin/status/1827602680388239582" rel="noopener noreferrer nofollow" target="null" text="null">post</a> on the X platform.
Launched by Aptos Labs in 2022, the Aptos network has approximately $425 million in total value locked (TVL), according to <a data-ct-non-breakable="null" href="https://defillama.com/chain/Aptos" rel="noopener noreferrer nofollow" target="null" text="null">data</a> from DefiLlama. Aptos Labs has raised over $400 million from investors, including a16z, Apollo Global, Franklin Templeton, Dragonfly, PayPal Ventures, and Coinbase Ventures.
Nillion <a data-ct-non-breakable="null" href="https://nillion.com/news/982/" rel="noopener noreferrer nofollow" target="_blank" text="null">announced</a> it was integrating with Ethereum layer-2 scaling network Arbitrum on Aug. 20. Aptos is Nillion’s first integration with a non-Ethereum Virtual Machine (EVM) blockchain network, Nillion said.&nbsp;
Aptos’ integration of Nillion will “give developers the tools to unlock a whole new design space for DApps that can incorporate and handle highly sensitive data,” Alex Page, Nillion’s CEO and co-founder, told Cointelegraph in a statement.
Magazine: <a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/how-terror-israel-gaza-war-being-weaponized-destroy-crypto/" rel="noopener noreferrer nofollow" target="null" text="null">Terrorism and Israel-Gaza war weaponized to destroy crypto</a>

Aptos network integrates Nillion for privacy-preserving apps

Cointelegraph

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