The cost of intelligence will infinitely approach the cost of data
Therefore, traditional web2 giants are starting to bet on privacy computing
The leading player in the homomorphic encryption track, @mindnetwork_xyz, has recently reached a strategic cooperation with the ByteDance ecosystem, becoming the first Web3 project to sign a memorandum of understanding (MOU) with BytePlus, the cloud computing platform under ByteDance.
Who is BytePlus?
BytePlus is the global cloud computing and enterprise service brand of ByteDance (the parent company of TikTok), and the familiar Lark and TikTok are powered by BytePlus.
The purpose of this cooperation is to utilize FHE technology to provide a trustless, privacy-preserving computing environment for cloud AI. It aims to combine Mind Network's strong privacy security capabilities with the user scenarios of ByteDance. Currently, the official article mentions protecting the privacy data of Lark users, and in the future, it should also expand the cooperation to TikTok.
We must know that we are 'exposed' every day on Douyin, with no privacy at all.
In addition, at the data layer, Mind Network has previously collaborated with projects like @ArweaveEco, @Privasea_ai, and @IPFS to build a privacy-preserving ecosystem for decentralized storage and computing. The current price of $FHE is 0.078, which is the starting point for an increase.
