Dubai, UAE, April 18th, 2024, Chainwire
Mind Network and Io.net are partnering to take on centralized AI. Mind Network brings its advanced Fully Homomorphic Encryption (FHE) solution to Io.net’s decentralized compute platform to help galvanize Io.net’s product security and boost its ability to service the global GPU shortage. This partnership will significantly improve security and efficiency in crypto AI computations. Computational efficiency and data security are key challenges to be solved in crypto AI and this collaboration is among the first in the industry to tackle this problem, which will allow for greater security and scalability within AI.
“AI projects and systems are growing exponentially. AI compute demand is doubling roughly every 3.5 months. Mind Network is the first Fully Homomorphic Encryption-based general-purpose Restaking Rollup solution, bringing secure computation and consensus to the EigenLayer and Ethereum ecosystems. By adding FHE validators to a Proof of
