The latest news & insights on Dwinity
We are very proud to announce our partnership between Nillion and Dwinity.
With huge amounts of personal data being collected every day, privacy concerns are escalating as the impact of data breaches become more costly. The need to address the problems created by the existing data economy have never been greater. By empowering users to reclaim control, Dwinity aims to unlock an enormous amount of potential for personal data to enhance various industries like healthcare, insurance, and finance.
Dwinity’s mission is to give power back to users and to create a thriving data economy in which information asymmetry is finally removed. Dwinity enables a decentralized data economy as well as creates a data ownership driven ecosystem for storage, analysis, exchange, and commercialization of sensitive personal data.
The three main components of Dwinity are:
Dwinity has partnered with Nillion to help integrate key infrastructure for securely managing customer accounts and storing user IDs. By combining Dwinity’s decentralized data spaces and marketplace with Nillion’s blind computation capabilities, we hope to create a more equitable and efficient data marketplace for both owners and buyers. This will empower users to take charge of their digital identities and open up new avenues to harness the power of their data in ways previously unimaginable.
Together, we are setting new standards for data sovereignty and paving the way for a more secure digital future by putting the power back into the hands of the user. Stay informed on the latest updates and learn more by visiting our websites or by joining the conversation on social.
Nillion is humanity’s first Blind Computer. It is powered by a decentralized network of nodes that enables “Blind Computation” through the coordination and orchestration of privacy enhancing technologies (PETs) such as multi-party computation (MPC), fully homomorphic encryption (FHE) and zero-knowledge proofs (ZKP). Nillion believes Blind Computation will become the internet’s base layer for all private data as PETs continue to mature. Nillion has attracted a notable initial cohort of Blind Computation builders across AI, DeFi, medical data, custody, wallets, global identity, messaging and more.
The Nillion development company, Nilogy, was incubated by CoinList’s seed program. Nilogy’s Founding CTO was the Founding Engineer of Uber (Conrad Whelan), the Chief Strategy Officer was the Founding CMO of Hedera Hashgraph (Andrew Masanto), the Chief Business Officer is the Founder of Indiegogo (Slava Rubin), the General Counsel was the Associate General Counsel of Coinbase (Lindsay Danas Cohen), along with builders hailing from Consensys, LayerZero, Polygon and Google.
