Mind Network ($FHE ) partners with Circle CCTP to launch encrypted USDC cross-chain transmission, achieving end-to-end encryption based on FHE Bridge to ensure transaction privacy and compliance.
Why is this technology so important?
1. Fully Homomorphic Encryption ($FHE ) — Data "Encryption is Computation"
The core advantage of FHE technology lies in allowing operations on encrypted data directly, without the need for decryption, ensuring that data remains in ciphertext form at all times. This means that the funding information, identity information, and transaction details of both parties are not exposed to other nodes on the chain or potential attackers, while smart contracts can still execute complex verification and settlement processes. This greatly reduces the risk of privacy leakage and compliance for institutional users.
2. Stealth Address protects transaction privacy
By adopting stealth address technology, the identities of both parties are completely hidden on the chain, and only the participants and authorized institutions can confirm the transaction parties, significantly enhancing privacy protection. Combined with FHE, addresses and amounts can be encrypted for storage and transmission, making cross-chain transfers more confidential while meeting regulatory compliance requirements.
3. Zero-Knowledge Proof (ZKP) ensures compliance transparency
ZKP technology allows both parties to prove the legality and compliance of a transaction to regulators or partners without exposing specific transaction details. This way, regulatory agencies can monitor with peace of mind, while users' sensitive information remains confidential, truly achieving a balance between privacy and compliance.
4. Multi-chain network and mainstream asset support
This cross-chain privacy transmission solution supports mainstream public chains such as Ethereum, Polygon, Arbitrum, and BNB Chain, covering various mainstream digital assets like USDC, ETH, MATIC, and BNB, ensuring high compatibility and scalability to meet the diverse needs of different institutions and projects.
Cooperation with giants and ecological layout
As a member of Binance's incubation program S5, Mind Network has received funding from the Ethereum Foundation twice, reflecting the industry's recognition of its technical strength and innovative value. Collaborating with Alibaba Cloud, it builds enterprise-level privacy computing infrastructure to ensure compliance and security.
This drives blockchain towards institutional-level compliance and privacy, aligning with Vitalik's emphasis on core security concepts. Mind Network empowers cross-chain asset circulation with privacy technology, opening a new chapter in finance.