{"id":"aRoKMTTcJ7U","title":"Decentralizing Trust: Protecting Personal Data with Blockchain Nillion","description":"users can encrypt their data and send it to a decentralized network of nodes that process the information without accessing the underlying data. This approach creates a private cloud environment, expanding what's possible for decentralized infrastructure. Our goal is to decentralize trust for sensitive personal information, just as Bitcoin has done for financial assets. By enabling developers to use privacy technologies like MPC (Multi-Party Computation) and FHE (Fully Homomorphic Encryption), we aim to build applications that securely handle high-value data. #DecentralizedTrust #NillionNetwork #DataPrivacy #BlockchainTechnology #AIEthics #SecureData #TechInnovation #FutureOfAI #PersonalData #DigitalSecurity #NEARprotocol #nillion","channel_name":"NEAR Protocol","published_at":"2024-10-10T00:00:00.000Z","thumbnail_url":"https://img.youtube.com/vi/aRoKMTTcJ7U/hqdefault.jpg","transcript_text":"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 underly data uh and still generate an output so essentially creating a private Cloud environment and really expanding the design space for what's possible for decentralized infrastructure and the big vision for that really is to decentralize trust for high value sensitive personal information the same way as bco one has decentral trust for financial assets and for for monary Trans actions uh ethereum and following blockchains then for programmability more broadly and TI division is to decentral trust for sensitive personal High valid data the same way and the way we achieved that is by enabling developers to tap into a wide range of privac and hand Technologies with specific Focus being on NPC but also other flavors like f that people can then tap into the in the network and build applications on top of","transcript_synced_at":"2026-11-03T05:29:59.803Z","segments":[{"start_seconds":0,"text":"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 underly data","url":"https://www.youtube.com/watch?v=aRoKMTTcJ7U&t=0s"},{"start_seconds":8,"text":"uh and still generate an output so essentially creating a private Cloud environment and really expanding the design space for what's possible for","url":"https://www.youtube.com/watch?v=aRoKMTTcJ7U&t=8s"},{"start_seconds":16,"text":"decentralized infrastructure and the big vision for that really is to decentralize trust for high value","url":"https://www.youtube.com/watch?v=aRoKMTTcJ7U&t=16s"},{"start_seconds":23,"text":"sensitive personal information the same way as bco one has decentral trust for financial assets and for for monary Trans actions uh ethereum and following","url":"https://www.youtube.com/watch?v=aRoKMTTcJ7U&t=23s"},{"start_seconds":32,"text":"blockchains then for programmability more broadly and TI division is to decentral trust for sensitive personal High valid data the same way and the way","url":"https://www.youtube.com/watch?v=aRoKMTTcJ7U&t=32s"},{"start_seconds":40,"text":"we achieved that is by enabling developers to tap into a wide range of privac and hand Technologies with specific Focus being on NPC but also","url":"https://www.youtube.com/watch?v=aRoKMTTcJ7U&t=40s"},{"start_seconds":48,"text":"other flavors like f that people can then tap into the in the network and build applications on top of","url":"https://www.youtube.com/watch?v=aRoKMTTcJ7U&t=48s"}],"youtube_url":"https://youtube.com/watch?v=aRoKMTTcJ7U","url":"https://near-pedia.xyz/videos/aRoKMTTcJ7U"}