{"id":"_-vjoEpLyIk","title":"AI is NEAR with Nillion: Securing High-Value Data in the Age of AI","description":"As artificial intelligence becomes woven into the fabric of our daily lives, safeguarding sensitive information has never been more critical. Data powers innovation, but who holds the keys to its security? How can we protect our most valuable data in an era where traditional methods fall short?\n\nNillion, an innovative solution aiming to redefine data security and privacy. With cyber threats escalating and centralized systems proving vulnerable, Nillion offers a new approach by decentralizing the storage and processing of high-value data. This method allows for secure computations without ever exposing the underlying information.\n\nNillion\nhttps://x.com/nillionnetwork\nhttps://nillion.com/\n\nThe Shortcomings of Traditional Data Security: Why conventional methods, which often require data decryption before processing, leave gaps that can be exploited.\n• Understanding High-Value Data: The importance of protecting sensitive information like financial records, medical data, biometric details, and personal identifiers.\n• How Nillion Works: An in-depth look at its unique dual-layer network architecture:\n• Coordination Layer (NilChain): Manages operations, permissions, and transactions using Nillion's native token, $NIL.\n• Orchestration Layer (Petnet): Utilizes advanced cryptographic techniques like secure multi-party computation (MPC) to perform computations on encrypted data.\n\nKey Advantages of Nillion:\n• Enhanced Security and Privacy: Data remains encrypted and fragmented across multiple nodes, reducing the risk of breaches.\n• Resilience Against Attacks: Eliminates single points of failure by distributing data and computations.\n• Scalability and Flexibility: Clustering allows for tailored solutions based on specific security, cost, and performance needs.\n• Regulatory Compliance: Facilitates adherence to data protection laws by ensuring data sovereignty and privacy.\n• Interoperability: Integrates with other blockchain platforms, expanding its ecosystem and potential applications.\n\nNillion is not just addressing current data security issues; it's laying the foundation for a future where users have control over their information. By enabling secure computations on encrypted data, Nillion opens doors to new types of decentralized applications and services that were previously unattainable due to privacy concerns.\n\nJoin NEAR's community:\nWebsite: https://near.org/\nNEAR AI: https://near.ai/\nTwitter:   / nearprotocol  \nBlog: https://near.org/blog/\nMedium:   / nearprotocol  \nGitHub: https://github.com/near \nDev Docs: https://docs.near.org/\n#NEAR #nearprotocol #NEARAI","channel_name":"NEAR Protocol","published_at":"2024-10-10T00:00:00.000Z","thumbnail_url":"https://img.youtube.com/vi/_-vjoEpLyIk/hqdefault.jpg","transcript_text":"I'm Lucas with Nan Nan is a blind computation Network which is really a paradigm shift in how we think about computation as a whole right so if you look today uh at privacy uh there is privacy addressed when you store information we have that when you transfer information you can keep data hidden and private but whenever you run a computation the data is actually fully exposed a blind computation Network like nean changes that because it can essentially enable to get a private Cloud environment right so user user can encrypt your data you can then send it to a decentralized network of nodes they can still process the information use that information without seeing anything about the underlying data uh and still Genera an output the big vision for that really is to decentralize trust for high Val sensitive personal information the same way as bitco one has decentralized trust for financial assets and the way we achieved that is by enabling developers to tap into a wide range of PR and hand Technologies I'm super excited to work with near decentralized applications on the near ecosystem can now tap into privacy right so whenever AAP needs private storage or a private computation they can send computer storage requests to the network then the nodes in the network can process that information without seeing anything about the underlying information in a fully encrypted manner uh and can then send back that output to uh the near chain so fundamentally I think an expansion for uh both ecosystem an expansion for near now deps can tap into pracy and a big expansion for nilon because now Nilan applications can essentially settle on the near chain and tap into all the benefits that come with that fast settlement liquidity access that applications and the and the likes","transcript_synced_at":"2026-11-03T05:30:12.987Z","segments":[{"start_seconds":5,"text":"I'm Lucas with Nan Nan is a blind computation Network which is really a paradigm shift in how we think about computation as a whole right so if you","url":"https://www.youtube.com/watch?v=_-vjoEpLyIk&t=5s"},{"start_seconds":14,"text":"look today uh at privacy uh there is privacy addressed when you store information we have that when you transfer information you can keep data","url":"https://www.youtube.com/watch?v=_-vjoEpLyIk&t=14s"},{"start_seconds":21,"text":"hidden and private but whenever you run a computation the data is actually fully exposed a blind computation Network like nean changes that because it can","url":"https://www.youtube.com/watch?v=_-vjoEpLyIk&t=21s"},{"start_seconds":29,"text":"essentially enable to get a private Cloud environment right so user user can encrypt your data you can then send it to a decentralized network of nodes they","url":"https://www.youtube.com/watch?v=_-vjoEpLyIk&t=29s"},{"start_seconds":36,"text":"can still process the information use that information without seeing anything about the underlying data uh and still Genera an output the big vision for that","url":"https://www.youtube.com/watch?v=_-vjoEpLyIk&t=36s"},{"start_seconds":43,"text":"really is to decentralize trust for high Val sensitive personal information the same way as bitco one has decentralized trust for financial assets and the way","url":"https://www.youtube.com/watch?v=_-vjoEpLyIk&t=43s"},{"start_seconds":52,"text":"we achieved that is by enabling developers to tap into a wide range of PR and hand Technologies I'm super excited to work with near decentralized","url":"https://www.youtube.com/watch?v=_-vjoEpLyIk&t=52s"},{"start_seconds":60,"text":"applications on the near ecosystem can now tap into privacy right so whenever AAP needs private storage or a private","url":"https://www.youtube.com/watch?v=_-vjoEpLyIk&t=60s"},{"start_seconds":68,"text":"computation they can send computer storage requests to the network then the nodes in the network can process that information without seeing anything about the underlying information in a","url":"https://www.youtube.com/watch?v=_-vjoEpLyIk&t=68s"},{"start_seconds":76,"text":"fully encrypted manner uh and can then send back that output to uh the near chain so fundamentally I think an expansion for uh both ecosystem an","url":"https://www.youtube.com/watch?v=_-vjoEpLyIk&t=76s"},{"start_seconds":85,"text":"expansion for near now deps can tap into pracy and a big expansion for nilon because now Nilan applications can essentially settle on the near chain and","url":"https://www.youtube.com/watch?v=_-vjoEpLyIk&t=85s"},{"start_seconds":93,"text":"tap into all the benefits that come with that fast settlement liquidity access that applications and the and the likes","url":"https://www.youtube.com/watch?v=_-vjoEpLyIk&t=93s"}],"youtube_url":"https://youtube.com/watch?v=_-vjoEpLyIk","url":"https://near-pedia.xyz/videos/_-vjoEpLyIk"}