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Optalysys Launches World’s First Server for Secure Blockchain Processing
Optalysys has launched the LightLocker node, claiming it to be the first server for blockchains that processes data at scale without decryption. Key points include:
- Utilizes Fully Homomorphic Encryption (FHE) for operations on encrypted data.
- Aims to provide a cost-effective and energy-efficient alternative to GPU-based systems, using 40% less energy.
- Founded in 2013, based in Leeds, England, with a Series A funding of £21 million ($28 million) in July 2023.
- CEO Nick New emphasizes the need for infrastructure supporting confidential computing for blockchain scalability.
Authors credited by the source: Ian Allison
Published by Holder based on an external source.
