1 year ago
In the rapidly evolving satellite of Web3, wherever information information and privateness are paramount, innovative solutions are needed to support delicate accusation and found spot wrong the decentralized ecosystem. This sponsored nonfiction delves into the conception of Zero Trust and explores however it serves arsenic the instauration for a revolutionary level called Mind Network. By combining the principles of Zero Trust with cutting-edge encryption techniques, Mind Network aims to empower users, developers, and businesses to unafraid their data, astute contracts, and AI models connected the blockchain. Mind Network precocious closed its effect circular fundraising, led by Binance Labs and co-invested by SevenX Ventures, HashKey Capital, Arweave SCP Ventures, etc. Mind Network was incubated by Binance Incubation Camp Season 5 and selected into Chainlink BUILD Program.
The Rise of Zero Trust Security
Traditional information paradigms successful Web2 environments relied connected the presumption of spot wrong a centralized infrastructure. However, the expanding frequence of information breaches and cyberattacks has exposed the vulnerabilities inherent successful this approach. Enter Zero Trust Security, a modern strategy built connected the rule of “never trust, ever verify.” Zero Trust assumes that breaches person either already occurred oregon are imminent, prompting the request for continuous verification of each request, irrespective of its origin.
Zero Trust Principles for Enhanced Security
Zero Trust Security operates connected respective halfway principles that guarantee robust information extortion and entree control:
Verify Explicitly: Each request, careless of its source, indispensable beryllium explicitly authenticated, authorized, and verified earlier granting access.
Use Least-Privilege Access: Access permissions are granted astatine the astir minimal level necessary, reducing the hazard of unauthorized entree and imaginable information breaches.
Assume Breach: Zero Trust assumes that breaches are inevitable, which prompts continuous monitoring, verification, and mitigation measures passim the system.
Challenges successful Web3 Security and Why Zero Trust
The decentralized quality of Web3 introduces unsocial information challenges that request innovative solutions. These challenges include:
Data Privacy and Ownership
Web3 emphasizes individuals’ power implicit their idiosyncratic data, fiscal transactions, and idiosyncratic interactions. However, existing applications often deficiency due encryption and entree power support, risking idiosyncratic privacy.
On-Chain Data Protection
Exposing wallet addresses and astute declaration interactions successful nationalist ledgers poses information threats and imaginable fiscal losses. Protecting this information is important to maintaining idiosyncratic spot successful decentralized systems.
Decentralized Storage Risks
Decentralized retention systems trust connected untrusted node operators to store and compute data, creating imaginable vulnerabilities and compromising information confidentiality.
Trust and Reliability
Ensuring spot and reliability successful decentralized systems during computation and authorities updates is captious to forestall fiscal losses and support the integrity of the network.
Why does Web3 request Zero Trust?
Data Ownership and Privacy situation needs to region intermediary oregon superuser who is assumed to beryllium trusted. It meets the 2nd principles of Zeo Trust to usage least-privilege access. Zero Trust assumes breaches are inevitable, which is the instauration to On-Chain Data Protection challenge. Zero Trust tin beforehand verification explicitly to Decentralized Storage Risks challenge. Therefore, a Zero Trust implementation is demanded successful Web3.
Introducing Mind Network: Empowering Web3 Data Security
Mind Network is simply a pioneering level that brings Zero Trust principles to the Web3 landscape. Built connected the instauration of a Zero Trust Data Lake, Mind Network focuses connected securing data, astute contracts, and AI models successful a decentralized manner. By utilizing Zero Knowledge Proof (ZKP) and the patented Adaptive Fully Homomorphic Encryption (AFHE) technique, Mind Network enables end-to-end encrypted computation and retention for on-chain backstage data.
Mind Network offers a broad acceptable of solutions designed to heighten information and privateness successful Web3 applications:
Encrypted Read and Write Solution
Developers tin securely link their decentralized applications (dApps) to Mind Network, enabling encrypted work and constitute operations connected delicate data. Encrypted information remains inaccessible to Mind Network and its node providers, ensuring privateness and security.
Encrypted Content Sharing Solution
Mind Network enables the unafraid sharing of encrypted information betwixt dApps utilizing tokenized entree control. This solution is invaluable successful information marketplaces, backstage subscription services, and different scenarios requiring controlled information sharing oregon monetization.
Privacy-Preserving Computation Solution
Developers tin execute privacy-preserving computations connected encrypted information wrong Mind Network. This allows for assorted usage cases, including executing bid books, recognition evaluations, aesculapian research, and ineligible protection.
Secure Data Verification Solution
Mind Network provides a solution for verifying users’ encrypted information and computation results. This allows decentralized applications (dApps) to verify circumstantial rules without accessing the content, ensuring the integrity of societal connections, voting results, plus positions, hazard scores, and more.
Secure Data-Driven Smart Contracts Solution
Mind Network collaborates with Chainlink to code information transportation limitations from off-chain to on-chain astute contracts. Encrypting information and performing computations connected encrypted inputs ensures privateness and information for usage cases specified arsenic trading signals, fiscal models, on-chain gaming, and more.
Securing AI Models with Mind Network’s Zero-Trust Solution
Mind Network’s Zero-Trust AI Solution offers robust extortion for AI models, mitigating the hazard of unauthorized manipulation and ensuring end-to-end security. Enabling encrypted input and output safeguards against unpredictable harm to fiscal markets and idiosyncratic interests.
Mind Network’s Zero-Trust AI Solution defends against unauthorized manipulation and addresses further risks. It tin perchance mitigate exemplary collapse, preventing decreased accuracy and biased outputs implicit time. Furthermore, it tackles the situation of ‘proof of quality data,’ verifying the authenticity and integrity of grooming datasets. By adopting this unafraid framework, AI models tin run with transparency and trust, bolstering assurance successful AI-driven systems crossed industries.
Mind Network’s Zero-Trust AI Solution provides a reliable instauration for deploying AI models successful finance, healthcare, and different domains. It promotes liable AI adoption, safeguarding against imaginable harm and ensuring the integrity of decision-making processes.
Use Cases for Mind Network
dWeb Use Case: Mind Network serves arsenic a unafraid information water for decentralized web applications, allowing them to persist front-end information utilizing decentralized retention portion accessing encrypted information from Mind Network. This usage lawsuit applies to UGC platforms, societal and gaming platforms, DeFi, and middleware protocols.
TradFi Use Case: Traditional fiscal institutions tin leverage Mind Network to make hazard profiles for crypto capitalist customers portion preserving their privacy. By encrypting lawsuit wallet lists and combining them with on-chain data, hazard assessments tin beryllium performed without compromising idiosyncratic confidentiality. This usage lawsuit extends to areas similar fraud detection, compliance, and anti-money laundering (AML).
AI Use Case: Mind Network addresses privateness extortion challenges successful societal networks by combining encryption and societal relationships. For instance, photos tin beryllium pre-processed, encrypted, and stored connected Mind Network, giving users power implicit their information and entree based connected their societal connections.
DeFi Use Case: Mind Network enhances transparency and power successful trading platforms by encrypting trading positions and bid books, enabling unafraid and backstage trading without exposing delicate information. This usage lawsuit applies to spot, derivative, acheronian pool, and cross-chain exchanges.
Team
The Mind Network squad comes from a coagulated background, with peculiar mentions for the CTO, George, who was a researcher astatine Cambridge University and has had his probe successful cryptography adopted by the United Kingdom authorities and high-street banks, and Dennis, the CSO, is the archetypal achromatic chapeau hacker to hack Tesla successful 2014. The remainder of the squad is assembled with serial entrepreneurs, award-winning scientists, and Web3 selling veterans.
Investors and Partners
Mind Network has closed its effect circular fundraising. This circular is led by Binance Labs and co-invested by Comma3 Ventures, SevenX Ventures, HashKey Capital, Big Brain Holdings, Arweave SCP Ventures, Meridian Capital, etc. Mind Network was incubated by Binance Incubation Camp Season 5 arsenic the lone information task and selected into Chainlink BUILD Program. Even early, Mind Network established beardown partnerships with Binance, Chainlink, Consensys, and Arweave. It acquired aboriginal supporters, including well-known planetary banks, security companies, and assorted dApps and protocols.
Final Recap
Mind Network’s innovative Zero Trust Data Lake presents a groundbreaking solution for securing data, astute contracts, and AI successful the Web3 ecosystem. By implementing Zero Trust principles and leveraging precocious encryption techniques, Mind Network empowers users, developers, and businesses to support privacy, support delicate information, and found spot wrong the decentralized landscape. Mind Network paves the mode for a much unafraid and privacy-focused Web3 aboriginal with its broad suite of solutions.
For much accusation astir Mind Network, delight scope retired to america on:
Website: https://mindnetwork.xyz/
Twitter: https://twitter.com/mindnetwork_xyz
Medium: https://mindnetwork.medium.com/
Gitbook: https://mind-network.gitbook.io/mindnetwork/
Github: https://github.com/mind-network
Discord: https://discord.gg/UYj94MJdGJ
Telegram: https://t.me/MindNetwork_xyz
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