Zama is an open-source cryptography company that specializes in creating Fully Homomorphic Encryption (FHE) solutions for blockchain and AI applications. They aim to address data privacy concerns by offering advanced encryption technologies to protect data at every stage of its lifecycle. Zama's solutions enable secure handling of sensitive information without compromising on utility, covering areas such as confidential smart contracts on public blockchains and encrypted AI model training. Their mission is to make privacy protection a standard feature across the decentralized ecosystem.
Zama utilizes Fully Homomorphic Encryption (FHE) to maintain data encryption throughout its usage, enabling confidential computations in blockchain applications without exposing sensitive information. Their solutions are applicable to various industries, including blockchain, artificial intelligence, and finance, where secure and private data handling is crucial. One of their key products, the fhEVM (Fully Homomorphic Encryption Ethereum Virtual Machine), provides confidentiality to Ethereum by allowing developers to build privacy-preserving decentralized applications without the need for additional bridges or complex systems. Zama is also developing a Threshold Key Management Service (TKMS) for secure key generation and decryption in multiparty environments, particularly valuable for industries like financial services and governance.
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