Crypto:
30663
Bitcoin:
$63.639
% 2.20
BTC Dominance:
%53.9
% 0.00
Market Cap:
$2.37 T
% 0.35
Fear & Greed:
69 / 100
Bitcoin:
$ 63.639
BTC Dominance:
% 53.9
Market Cap:
$2.37 T

What is the Zama Project? What Does It Do?

Zaman Project

Zama is an open-source encryption project that aims to solve problems using the Fully Homomorphic Encryption (FHE) method, combined with blockchain and AI. With a team of experienced members who have spent many years in the cryptocurrency sector, Zama aims to bring a unique perspective with its proprietary encryption method.

What Does the Fully Homomorphic Encryption (FHE) Method of the Zama Project Do?

Instead of the traditional encryption methods used for system security, the Zama team aims to fully secure users’ data with their named Fully Homomorphic Encryption (FHE) method. The company provides this service by supporting strong blockchain infrastructures with AI models.

From data breaches and surveillance of cloud applications to blockchain smart contracts where everything is open to everyone, making things safe and fast online is becoming more complex. For the Zama team, the only way to solve this is to encrypt everything end-to-end, regardless of where the application runs. They aim to achieve this with the Fully Homomorphic Encryption method.

Who Are the Members of the Zama Team?

  • CEO: Dr. Rand Hindi
  • CTO: Dr. Pascal Paillier
  • Chief Scientist: Dr. Marc Joye
  • COO: Jeremy Bradley
  • Chief Academic Officer: Prof. Nigel Smart
  • Senior Software Engineer: Dr. Agnes Leroy

The management team includes a total of 78 people from 22 different countries. Nearly half of the team members have a PhD (Doctorate) degree.

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Who Are the Investors in the Zama Project?

  • Multicoin Capital
  • Protocol Labs
  • Lunar Ventures
  • Metaplanet

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