NEAR Protocol Integrates with Nillion Network

NEAR Protocol, a decentralized blockchain designed for developing and running applications, has announced its integration with Nillion Network, a privacy-focused computing platform. The main goal of this strategic integration is to improve privacy tools that will allow developers to work better in the DeFi space.

“This collaboration is about expanding what’s possible on NEAR and empowering developers to create solutions that are not only powerful but also privacy-preserving,” Alex Page, CEO of Nillion, said in a statement.

According to Page, Nillion is a distributed network built for general-purpose computing and data processing that helps scale blockchain and other applications. In other words, its privacy tools allow developers to take computing tasks off-chain – thereby opening up ‘design space’ for what is possible with blockchain. This is particularly true of the artificial intelligence experiments being conducted on NEAR. A significant number of decentralized AI projects are using NEAR, as the protocol’s founder, Illia Polosukhin, helped create the open-source machine learning platform Tensorflow. According to him, he wants the protocol to become a home for user-owned AI’.

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