13 Jan 2025

Zama: Homomorphic Encryption Tools

Zama: Homomorphic Encryption Tools

Developing secure and private open-source applications is no longer a daunting task.

On this page

Securing against data breaches and information tracking in cloud services while reading smart contracts is now achievable with tools for fully homomorphic encryption. Zama is one of the crypto companies providing products in this field. 

Rand Hindi, an entrepreneur and deeptech investor, is the founder and CEO of the project. His portfolio encompasses over 50 companies specializing in areas such as privacy, AI, blockchain, and healthcare. 

Rand, a programming prodigy since age 10, initiated his first venture in social network platforms at 14, and by 21, had secured a Ph.D. in bioinformatics. Alongside Zama, Hindi established an AI startup, Snips, eventually acquired by Sonos.

What is Homomorphic Encryption?

Homomorphic encryption is a specialized cryptographic technique that enables the execution of mathematical calculations on obscured information, producing an encrypted outcome. When decrypted, this outcome aligns with the original input data. 

Fully Homomorphic Encryption (FHE), a further refined cryptographic system conceptualized in 2009 by Craig Gentry, is regarded as one of cryptography’s most groundbreaking advancements.

FHE permits manipulations on encrypted data similarly to unencrypted data, eliminating the need for decryption. This facilitates and secures the management of vital data on cloud services while maintaining the confidentiality of the content from the cloud service provider. 

By leveraging FHE tools, developers can build applications that comprehensively preserve user privacy and shield data from unauthorized access and theft, even when server integrity is compromised. The realm of fully homomorphic encryption is currently in its embryonic stage of practical implementation. 

What products does Zama offer?

TFHE-rs

This is the latest iteration of an open-source developer's library, allowing the crafting of services employing Fully Homomorphic Encryption (FHE) in the Rust programming language. It performs logical and integer arithmetic operations on concealed data and is grounded in Learning With Errors (LWE) machine learning.

How FHE is employed within the TFHE-rs library:

  • Both a client and a server key are generated.
  • The client key, vital for encrypting and decrypting data, needs to be securely stored and kept confidential.
  • The server key is essential for conducting operations with encrypted data and is accessible to the public.
  • Unencrypted data is encoded using the client key.
  • Once encrypted, data can be reverted to its original, unencrypted state using the client key. 

Сoncrete

This accessible program was designed to translate applications, written in Python, into equivalents employing Fully Homomorphic Encryption (FHE). This is essential for the streamlined deployment of FHE, considering it is a complex process. Concrete is built on the LLVM infrastructure, aimed at compiler creation, making it more approachable for developers. 

Сoncrete ML

This software environment allows for the automatic conversion of artificial intelligence applications into their FHE-utilizing counterparts without requiring knowledge in cryptography. Concrete ML includes APIs from the scikit-learn library and the PyTorch framework, elements familiar to developers in the field of machine learning. 

fhEVM

fhEVM is a tool specialized in creating secure and confidential smart contracts on the Ethereum Virtual Machine using homomorphic encryption. It encompasses the JavaScript library fhevmjs, enabling developers to engage with the blockchain in encrypted conditions, thus incorporating FHE in Web3. Additionally, the program features a Solidity library to handle smart contracts utilizing homomorphic encryption effectively. 

On July 21, 2023, the Zama team organized a hackathon at the Ethereum Community Conference to showcase their new product, fhEVM. Attendees had the exclusive opportunity to experience deploying private smart contracts based on homomorphic encryption first-hand. Zama proudly served as an official sponsor of EthCC. 

The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.

Articles by this author

Latest News

MORE
The Crypto Rollercoaster of 2024 — Wins and Woes

The Crypto Rollercoaster of 2024 — Wins and Woes

The crypto sector evolved at breakneck speed in 2024. With major wins and notable setbacks, it’s time to reflect on the year’s key developments and their implications for the future.

31 Dec 2024
OpenSea Token: Release Date and How to Qualify for the Airdrop

OpenSea Token: Release Date and How to Qualify for the Airdrop

The NFT marketplace OpenSea, a pioneer in the space for the past seven years, is expected to launch its native token in 2025. A significant portion of the tokens will likely be distributed through a retroactive airdrop—a common way to reward the community for their past activity and support.

30 Dec 2024
5 Most Exciting Token Launches to Watch in 2025

5 Most Exciting Token Launches to Watch in 2025

In 2024, we saw a number of hot airdrops and token launches, from AI-powered projects to the rise of memecoins. Now, as we head into 2025, the crypto space is set to expand even further with an increasing number of cryptocurrencies.

27 Dec 2024
A Million Bitcoins for the U.S.? Cynthia Lummis’ Ambitious Plan

A Million Bitcoins for the U.S.? Cynthia Lummis’ Ambitious Plan

Wyoming Senator Cynthia Lummis has proposed an ambitious plan to create a strategic Bitcoin reserve for the United States. In a recent interview, she explained how Bitcoin could strengthen the global position of the U.S. dollar and help address the growing national debt.

23 Dec 2024

Latest News Alt

MORE
Weekly Analysis of BTC, ETH, and the Stock Market (Jan 6, 2025)

Weekly Analysis of BTC, ETH, and the Stock Market (Jan 6, 2025)

An overview of BTC, ETH, XAUT, and S&P500 charts, along with the current cryptocurrency market dynamics.

06 Jan 2025
Weekly Analysis of BTC, ETH, and the Stock Market (Dec 30, 2024)

Weekly Analysis of BTC, ETH, and the Stock Market (Dec 30, 2024)

An overview of BTC, ETH, XAUT, and S&P500 charts, and the current cryptocurrency market dynamics.

30 Dec 2024
Weekly Analysis of BTC, ETH, and the Stock Market (Dec 23, 2024)

Weekly Analysis of BTC, ETH, and the Stock Market (Dec 23, 2024)

An overview of BTC, ETH, XAUT, and S&P500 charts, and the current cryptocurrency market dynamics.

23 Dec 2024

Might Be Interesting

MORE
Mining Farms Uncovered — How Crypto Is Mined at Scale

Mining Farms Uncovered — How Crypto Is Mined at Scale

As a cornerstone of the crypto industry, mining farms drive blockchain networks. But how do they work? Uncover the mechanics behind these cutting-edge hubs and their role in the crypto landscape.

07 Jan 2025
William Quigley, WAX/Tether: Stablecoins’ Role in Global Payments

William Quigley, WAX/Tether: Stablecoins’ Role in Global Payments

William Quigley, co-founder of WAX and Tether, firmly believes that stablecoins are more than a tool for traders—they’re the key to transforming the global economy. Already central to crypto trading and cross-border payments, their future potential is even more exciting.

04 Jan 2025
Why Blockchain Is Different from Traditional Databases

Why Blockchain Is Different from Traditional Databases

In the world of business and finance, information is everything. Traditional databases have been reliable tools for decades, but blockchain presents a groundbreaking alternative. What sets it apart, and could it lead to a paradigm shift?

03 Jan 2025
How Does Multisig Works and Protect Your Assets?

How Does Multisig Works and Protect Your Assets?

As threats to digital assets evolve, multisig technology provides a highly effective security layer. By requiring multiple signatures for transactions, it significantly reduces risks such as hacking and access loss.

02 Jan 2025
Crypto Price Gaps: Why Platforms Show Different Prices

Crypto Price Gaps: Why Platforms Show Different Prices

The crypto market has nuances you may not have noticed at first glance. For example, when you want to check the Bitcoin price, you probably Google it without thinking to compare the results. But when you monitor the market regularly and engage in trading, you notice the prices aren’t the same on all platforms.

24 Dec 2024
The Czech Republic and Its Crypto-Friendly Policies

The Czech Republic and Its Crypto-Friendly Policies

The Czech Republic is emerging as a crypto-friendly nation, recognizing cryptocurrencies as legitimate payment methods and encouraging their use in business. But its regulatory framework is still taking shape. Here’s how crypto is managed today.

23 Dec 2024

Opinions

8 Commandments for Crypto Exchange Users

8 Commandments for Crypto Exchange Users

While cryptocurrency exchanges offer many security features, they are still vulnerable to hacks, fraud, and other criminal activity. Remember, no online platform can guarantee 100% protection for your funds. Follow these eight key rules to reduce your risks. Rule #1: Don’t Believe in the Myth of Absolute Exchange Security Even the largest and most seemingly […]

12 Jan 2025
10 Key Investment Trends to Watch in 2025: Green Crypto, Regulations, and More

10 Key Investment Trends to Watch in 2025: Green Crypto, Regulations, and More

Donald Trump is back, Germany’s economy is in trouble, while U.S. economic indicators seem to have a robust momentum, and interest rates are sliding downhill. Sounds dramatic? It is. But 2025 isn’t all doom and gloom—it’s full of opportunities for investors who know where to look. Whether you’re a seasoned pro or someone still figuring […]

12 Jan 2025
MORE

Interviews

Dmytro Gordon and Volodymyr Nosov: A Sensational Interview

Dmytro Gordon and Volodymyr Nosov: A Sensational Interview

Volodymyr Nosov, CEO of Europe’s largest crypto exchange WhiteBIT, sat down with Dmytro Gordon, one of Ukraine’s most prominent journalists. The interview touched on Bitcoin, crypto, WhiteBIT, cars, keys to success, and business vision.

18 Dec 2024
WhiteBIT CEO: Standing Strong Against Russian Aggression

WhiteBIT CEO: Standing Strong Against Russian Aggression

In an interview with BTC-ECHO, Volodymyr Nosov, the founder and CEO of WhiteBIT, discussed the impact of Russian aggression on the crypto exchange’s business, how WhiteBIT stays a top competitor in the industry, and when he believes our financial system will be completely transformed.

04 Oct 2024
MORE