One, technical moat
The core technology of FHE is Fully Homomorphic Encryption (FHE), certified by the US NIST as a post-quantum encryption standard. This technology solves the problem of direct computation on data in an encrypted state and is suitable for scenarios such as AI privacy protection and cross-chain secure collaboration, aligning with future trends in data security and compliance. Compared with solutions like ZK and MPC, FHE is more versatile in complex computing tasks, with a high technical barrier.
Two, market demand and ecosystem collaboration
AI and Web3 integration: FHE provides an end-to-end encryption environment for AI agents and has collaborated with DeepSeek (medical AI), SingularityNET (distributed AI), etc., landing in scenarios like medical diagnostics and DeFi strategies.