Fully Homomorphic Encryption (FHE) Network Mind Network Announces Alpha Mainnet Launch

BlockBeats news, on July 10, TheBlock reported that the fully homomorphic encryption (FHE) network Mind Network announced the launch of the Alpha mainnet, using FHE technology to re-stake to enhance the security and efficiency of AI and POS networks. Mind Network can introduce remote cross-chain re-staking to reduce the risk and cost of cross-chain transfers.

BlockBeats previously reported that in June 2023, Mind Network completed a $2.5 million seed round of financing, with Binance Labs and others participating.