Mind Network is the first to integrate Fully Homomorphic Encryption (FHE) into AI infrastructure, aiming to build a secure and decentralized ecosystem, namely AgenticWorld.
The program aims to enable autonomous AI agents to operate with enhanced privacy and security across various applications.
What is FHE and its importance
Fully Homomorphic Encryption (FHE) allows computations to be performed directly on encrypted data without needing to decrypt it first.
This ensures that sensitive information remains confidential throughout the processing, addressing critical privacy issues in AI and blockchain applications.
Mind Network utilizes FHE to facilitate secure, trustless interactions between AI agents, enabling them to process and collaborate on encrypted data without exposing underlying information.
AgenticWorld: A decentralized AI ecosystem
AgenticWorld is Mind Network's vision for a decentralized ecosystem where autonomous AI agents can be created, trained, and deployed securely. Its main features include:
Agent creation and training: Users can stake $FHE tokens to activate AI agents, which can then be trained at different hubs to perform specific tasks.
Secure collaboration: Agents can collaborate across different networks using encrypted communication channels, ensuring data privacy and integrity.
Multi-chain support: AgenticWorld operates across multiple blockchains, including Ethereum, BNB Smart Chain, and MindChain, enabling broad interoperability.
$FHE token: The fuel of the ecosystem
$FHE token is a utility token and governance token in the Mind Network ecosystem. Its main functions include:
Staking: Activating and training AI agents.
Governance: Participating in the decision-making process through MindDAO.
Transaction fees: Paying fees for computation and data processing services.
Cross-chain operations: Facilitating seamless value transfers across supported blockchains for practical applications and collaborations.
Mind Network's technology has been applied in multiple fields:
Healthcare: Achieving secure data sharing between medical institutions without compromising patient privacy.
Artificial Intelligence Development: Collaborating with platforms like DeepSeek to integrate FHE into the training and deployment of AI models.
Decentralized Finance (DeFi): Enhancing the privacy and security of financial transactions and smart contracts.
As of now, the price of the $FHE token is approximately $0.0908, down 23.27% from the previous trading day's closing price. The token reached a high of $0.1217 and a low of $0.0907 during the trading session.
