Building a Secure Future for AI and Blockchain: Provalidator Joins $25M Funding Round for Privacy-First Innovation

We’re proud to announce our participation in Nillion’s $23 million fundraising round, which brings their total funding to over $50 million.

What is Nillion?

Nillion is building humanity’s first Blind Computer and the internet’s privacy layer for all sensitive data. As AI becomes more integrated in our daily lives, the need for secure and private data processing is becoming more important. Right now, you have to choose between keeping your data private or using helpful AI services — but not both.

Nillion’s Blind Computation (NBC) solves this by allowing sensitive data to stay hidden even while it’s being used — a function that’s critical for the future of AI and other emerging technologies. This means:

• Data remains encrypted and private even whilst being processed

• Users retain full control over their information

• Computations occur without exposing the underlying data

• More users and companies can onboard into crypto as we can now bring private data on chain

This opens up new possibilities for:

1. Privacy-preserving AI systems

2. Secure data marketplaces

3. Private DeFi applications

Why We’re Investing

At Provalidator, we’re committed to advancing privacy-first technology, as we believe privacy and security are essential to the decentralized future. Nillion captured our attention for several reasons:

• Technical innovation: Blind Computation provides a practical solution for private computation at scale

• Ecosystem integration: integrations with NEAR, Aptos, Arbitrum, Mantle, IO.net and Ritual

• Developer focus: with over 40 active projects, Nillion is making privacy technology accessible to developers

Looking Ahead

The market demand for privacy-preserving computation continues to grow as organizations handle increasingly sensitive data. Nillion’s approach makes this technology accessible while maintaining the security guarantees needed for real-world applications.

At Provalidator, we’re excited to support Nillion as they build essential infrastructure for privacy-first computing.

To learn more about Nillion, visit their website and follow them on Twitter.

About Provalidator

Provalidator is a professional Proof-of-Stake blockchain validator and decentralized infrastructure provider. We offer enterprise-level validation services to more than 30+ blockchain networks, safeguarding over $250 million (as of December 2022) in digital assets through our robust infrastructure. Our team has been operating validator nodes since 2018 starting with the Cosmos Hub, and is currently one of the most prominent validators in the Cosmos ecosystem.

At the heart of our operations is validator service, which are specialized servers or nodes in a blockchain network tasked with proposing, authenticating transactions, and incorporating new blocks into the blockchain. Our dedicated team is on standby around the clock, ensuring swift responses to any validator node concerns. We’ve implemented multi-layered security and monitoring systems to safeguard our infrastructure and prioritize interests of our delegators.