Venture Capital Firms are always building in the dark and are always at the forefront of technological advancements.
Given their research capabilities, they're massively turning towards a narrative. This is not your usual AI, DePIN, or any RWA research reports.
As always the case, the blockchain and cryptocurrency industry is fast changing towards untapped resources.
So you're going to be the among the 1% embarking on a new narrative. It's probably going to burst during this cycle.
Here are some pointers with resources, so you have something over the weekend and start writing a new chapter for this industry.
FHE, short for "Fully Homomorphic Encryption" is one aspect the deep tech in the market is researching.
In the early stages of cryptocurrencies, privacy was coined and projects like Monero capitalized on it, then come ZK networks and now you're hearing about FHE at it early stages for a secured decentralized network.
A post published on tech.eu by Rand Hindi on 27 January 2024 stating: "Privacy-preserving technologies are about to have their hockey-stick moment". Am quoting Rand's post so you don't go home and say FHE is a new concept in crypto-native-terms. FHE is crossing over to web3, where Fhenix enhances the capabilities of FHE to propel a secured decentralized network for the next billion dApps.
This keyword "Privacy Enhancing Technologies" (PET) will highlight the following: TEEs, ZK, MPC which are a think of the past, as computational data preservation with FHE encompasses a secured decentralized network.
Nonetheless, the blockchain scalability trilemma is why there are millions of useless L1s and L2s. The dawn for a new era is unfolding and all that will be history.
[Resources]
A- Fully Homomorphic Encryption Pioneer Companies
1/ Fhenix - The first Fully Homomorphic Encryption powered L2 to bring computation over encrypted data to Ethereum.
2/ Zama - Open source cryptography company that builds state of the art Fully Homomorphic Encryption solutions for blockchain and AI.
B- Articles
1/ Privacy-preserving technologies are about to have their hockey-stick moment
2/ Building in the Dark: Mapping the Current Crypto Privacy Landscape
Now, you have what is takes to use this information and pass it to the next billion people. Whatever, you've already been pitched, but if you feel unsatisfied yet; continue reading from a VC-centric viewpoint at variant.fund.
Do Your Own Research as FHE is still a developing narrative.
Cheers 📖✍️🙏
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