Optalysys Introduces World’s First Server for Encrypted Blockchain Processing
Optalysys, a U.K.-based startup focused on secure computing, has recently unveiled the world’s first server designed specifically for processing blockchain data at scale without the need for decryption. This groundbreaking technology is set to revolutionize the way blockchain transactions are handled.
LightLocker Node: A Game-Changer in Secure Computing
The company’s LightLocker node is a server that utilizes Fully Homomorphic Encryption (FHE), a cutting-edge mathematical technique that allows computations to be carried out on encrypted data without compromising its security. This innovative approach ensures that sensitive blockchain information remains confidential throughout the processing pipeline.
Cost-Effective and Energy-Efficient Solution
Optalysys’ server hardware is purpose-built for blockchain encryption, providing a cost-effective alternative to traditional GPU-based systems. By utilizing FHE technology, the LightLocker node consumes 40% less energy, making it an environmentally friendly choice for businesses looking to streamline their operations.
Leaders in Secure Computing
Founded in 2013 by Dr. Nick New (CEO) and Robert Todd (CTO), Optalysys has quickly emerged as a leader in the field of secure computing. The company’s recent Series A funding round, which raised 21 million pounds ($28 million), underscores its commitment to driving innovation in the cryptocurrency space.
CEO’s Vision for the Future
CEO Nick New believes that infrastructure supporting confidential computing is essential for the widespread adoption of blockchain technologies. He emphasizes the inefficiencies of traditional hardware solutions and the need for specialized chips tailored to the unique requirements of encrypted transaction processing.
With Optalysys’ cutting-edge server technology, businesses can now securely process blockchain data at scale, paving the way for a more efficient and secure future in the cryptocurrency space.