Privasea keeping your secrets private

Recently, there has been a proliferation of bots on social media. While the presence of assistant chatbots on the internet is a common occurrence, the rise of scam bots on social media is definitely concerning. The Privasea AI Network hence hopes to resolve this issue through the use of powerful systems designed to prioritise privacy and security of data through the use of Fully Homomorphic Encryption(FHE).

Bots' population might just take over the human population on the internet?

There has been a report that suggests that nearly half of the world's internet traffic could be produced by bots. As artificial intelligence becomes more and more advanced, the type of bots that are infiltrating into our internet has also began to evolve rapidly. While bots are a great scientific breakthrough such as that of ChatGPT, they can also be used for nefarious reasons.

Some of the ways bots are misuse include:

Create false hype: Bots could help increase the followers of a person or organisation on social media, making them seem more important than they really are.

Used for scams: Social media bots are used for illicit advertising activities by spamming social media platforms with links to commercial websites.

Spread of misinformation: Bots could impersonate real people to create buzz around a certain topic so as to push a certain point of view or agenda.

The internet sucks on your information everyday

Have you ever found your email account overloaded with spam mail? Have you ever received a phone call just to hear the voice of a bot telling you that you have overdue payments that need to be settled immediately? At that point of time, you must be thinking to yourself, how on earth did they get my information. The way that they get information is through gimmicks like this.

Everytime you sign up for an account on the internet, you are giving away your email account, which also reveals your name, your phone number, address. So it isn't surprising that they would be emailing you false advertisements to your email or making spam calls to you. Privasea is now presenting you with another form of authentication, one that doesn't need you to reveal all your private information on the internet.

Using AI to encrypt your Priva-sea

The Privasea AI Network prioritized data privacy and security during AI computation by using FHE. The technology allows computations to be performed on encrypted data, ensuring that sensitive information is processed without exposure or leakage.

David Jiao, an avocate of more secure and safe Web3 World

Driving this project is its founder, David Jiao. On top of Privasea, David Jiao is also working on another project called NuLink Network that works on privacy-preserving applications. From all the different projects he is working on , we can see that he is a huge advocate of creating a more secure and transparent future for the Web3 industry.

Binance Labs chips in on the AI data revolution

Another important finding of this project is that it is backed by huge companies like Binance Labs and Gate Labs as its investors. Just recently, Privasea managed to secure a $5M seed funding led by Binance Labs. The success of this financing round will further accelerate Privasea's development in the field of artificial intelligence and data security, driving it to provide more secure and efficient data processing solutions for global users.

Embarking on an important mission

In today's digital age, where our private lives can be put out to the public your consent, Privasea is working on a very important mission of prioritizing your data privacy, and is taking proactive steps to protect your data so that you can continue to navigate through the digital world with confidence and peace of mind.