Zama CEO Rand Hindi on Homomorphic Encryption’s Role in Blockchain’s Future

Rand Hindi, CEO of Zama, is spearheading the integration of fully homomorphic encryption (FHE) into public blockchains, a breakthrough that could redefine privacy and scalability in the sector. At Cannes, Hindi detailed Zama's journey, investor interest, and the transformative potential of FHE for confidential payments and traditional finance.

Zama's protocol, developed by one of cryptography's most acclaimed teams, addresses Core adoption barriers by enabling confidentiality on public ledgers. The company's billion-dollar valuation reflects growing recognition of FHE's ability to surpass current security standards.

"We're probably the company that raised the most money without anybody understanding what we're building," Hindi quipped, underscoring cryptography's opaque nature despite its tangible use cases. Zama's testnet progress signals imminent advancements for on-chain privacy.