Fhenix: Bringing Private Computation to Web3 with Arbitrum

Fhenix: Bringing Private Computation to Web3 with Arbitrum

Fhenix introduces private computation to the blockchain space by harnessing Fully Homomorphic Encryption (FHE), allowing encrypted data to be processed without ever being decrypted. Running on Arbitrum, this innovation enables sensitive on-chain operations to maintain privacy while preserving the composability and decentralization of Web3 applications.

Key Ideas

  1. Fully Homomorphic Encryption on-chain: Fhenix leverages FHE to make encrypted smart contract execution possible, protecting personal or institutional data in scenarios like DeFi, compliance, and identity, all secured by Arbitrum’s Nitro Stack and fraud-proof infrastructure.

  2. One-line privacy integration and new market potential: with the coFHE coprocessor, developers can implement encrypted logic with minimal effort, while entrepreneurs can address untapped privacy needs across sectors like financial services, secure data platforms, and regulatory-compliant dApps.

Read the whole article at: blog.arbitrum.io