Zama Ai Explained here..! @zama_fhe is an open source cryptography company building state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain. How does it work? -Developers do not need to learn a new programming language. The Zama Protocol enables developers to create confidential dapps directly in Solidity, without any knowledge of cryptography. Simply import their library (called FHEVM) and write their logic using the provided operators. -Zama allows contracts to define who can decrypt which value in it, making confidentiality (and compliance) fully programmable. Companies can choose whether they want to offer: ⚡️End-to-end encryption nobody sees anything, not even the companies building the dapp) ⚡️Onchain encryption (only the user and service provider see the data, but nobody else onchain). ☆Case studies: https://t.co/eGImF4i9f5: With stablecoins raking in trillions in yearly volume, TradFi institutions no longer have to rely on private blockchains. They can use existing public blockchain such as Ethereum or Solana to tokenize and trade their assets, while keeping their activity and investor identity confidential. 2. Confidential distributions: Projects can distribute airdrops, grants, or investments and keep the distributed amounts private. This is essential for privacy and security onchain. 3. Identity abstraction: Users can protect their sensitive information such as name, address, social security number and more. FHE will allow you to have a complete Decentralized ID (DID) + Verifiable Credentials (VC) system onchain. 4. Prediction markets: Everyone is on prediction markets now, but most of us make predictions that are biased by previous ones. With @zama_fhe, we can have prediction markets where predictions are encrypted until revealed periodically, leading to better precision in outcomes. $ZAMA is the ticker for native token of the Zama Protocol. It is used for: -Protocol fees (paid with $ZAMA tokens, but priced in USD) -Staking -Governance -Operator rewards and many more. In next post, i will direct you on how to position yourself to make the most with Zama. Be there.

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