Nillion Integrates with Arbitrum

Nillion, the multi-party computation powered “blind computer,” is integrating with the Ethereum scaling layer Arbitrum. The partnership aims to reduce settlement costs for applications built on Nillion, and will also introduce Nillion’s privacy solutions to Arbitrum.

“This will enhance the privacy-preserving capabilities of existing dApps and opens up new possibilities for developers to create secure, efficient, and user-friendly applications on Ethereum,” said Nillion CEO Alex Page in a statement.

Even after raising $20 million from notable crypto investors like HashKey and OP Crypto, Nillion is not merely a blockchain-oriented project. Its founders have emphasized that while blockchains aim to decentralize finance, Nillion aspires to decentralize “everything else.”

The Nillion network is crafted for general data computation and processing. Different from blockchains that keep a full record of transaction ledgers, Nillion nodes store and manage private, sensitive, and high-value data without revealing it to other nodes.

Blind Computation
Blind computation refers to the use of privacy-enhancing technologies such as multi-party computation and fully homomorphic encryption. This method scales blockchain applications and improves privacy by allowing computation tasks to be delegated without disclosing the input data.

“By combining their advanced privacy features with Arbitrum’s scaling solutions, we’re creating a powerful foundation for a new generation of decentralized applications,” stated Nina Rong, ecosystem lead at the Arbitrum Foundation.

The integration allows applications on Nillion to settle on Arbitrum, leveraging Layer 2’s liquidity. This opens up avenues for dApps on Arbitrum to utilize private storage and computation facilities. Essentially, Nillion acts like an oracle for blockchains.

Founded in 2021 by former employees from Uber, Indiegogo, Hedera Hashgraph, Coinbase, and Nike, Nillion recently announced a partnership with decentralized AI startup Ritual to develop blind AI inference technology aimed at democratizing AI access.

EDITOR’S NOTE (AUG. 20, 2024): Updates headline and clarifies how Nillion nodes process data.