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- 🍁 Golden Autumn, Big Prizes Await!
Gate Square Growth Points Lucky Draw Carnival Round 1️⃣ 3️⃣ Is Now Live!
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Mind Network Launches Encrypted Messaging Protocol for Real Assets
Mind Network has just launched its Onchain Encrypted Messaging protocol. A quite unique solution. It is designed for tangible assets such as real estate, stablecoins, and international payments.
Digital security is crucial nowadays. This system automatically generates wallet keys. It seems to be inspired by Signal, which by 2025 is already considered a benchmark in secure communication. Users can add encrypted messages to their transactions. Interesting.
The protocol combines full homomorphic encryption (FHE) with traditional cryptographic methods. Only authorized parties see the sensitive data. Not very different from what banks already use, in a way.
The team behind the project pointed out something curious. Apparently, the blockchain world still didn't have a specific encrypted messaging standard for real assets. Kind of surprising, considering the advancement of the technology.
This protocol could become something like a "SWIFT on-chain". It enhances regulatory compliance without sacrificing privacy. It is not entirely clear how it will evolve, but expectations are high.