Fact Friday – @nillionnetwork Nillion is a decentralized network focused on secure data storage and processing through blind computation. Below are key updates and facts about its recent developments: Blind Computation Framework: Nillion uses Multi-Party Computation (MPC) and Trusted Execution Environments (TEEs) to process encrypted data without decryption, enabling privacy-preserving applications in fields like healthcare and finance. Its goal is to create a system where data remains secure during storage and computation. Phase 0 Milestones: The Phase 0 launch improved Nillion’s core components - nilDB (encrypted database), nilAI (private AI inference), and nilVM (virtual machine for developers). These upgrades enhance performance for secure data handling and application development. Data and Inference Scale: As of today, nilDB stores over 750 million encrypted secrets, and nilAI has processed 1.2 million inference calls, supporting secure data retrieval for private AI computations. New Applications: nilGPT: A personal chatbot that keeps all your conversation private! Tickr: A marketplace for trusted crypto trading insights. LouisAI: A private notetaker that summarizes voice notes and calls. Additional context: Nillion's Private Vault distributes encrypted data across nodes, reducing the risk of single-point breaches. Nillion’s infrastructure aims to support decentralized AI and data applications with a focus on privacy and security.#FactFriday #Nillion #BlindComputation #Privacy #AI #Web3