
TOP 10 Finalists of RSA 2023 SANDBOX: A Breakdown of the Most Innovative Cybersecurity Startups
Zama
Co-Founder and CTO of Zama, Pascal Paillier took the stage at the RSA SandBox 2023. Focusing on the privacy regarding Ai, Pascal stated how ChatGpt is been banned in Italy over privacy breaches. He stated that Ai can be used as an opposite as well like encryptic Ai. Homophoric encryption can encrypt data blindly which can’t be decrypted but can be processed. This can provide privacy from the service provider, they can’t see your data.
Till, it was too slow, too limited, and too complicated so it wasn’t very much approved. Zama provides developers to write FHE without learning cryptography, with a few lines of Python code they can implement it with ease. Next comes performance, Zama is improving FHE 4x times every year. And by 2027, FHE will be 80% faster and will be a very useful tool by then. To scale this right now, they think the best opportunity right now is blockchain because it can be accelerated with Ai.
Zama is based on a dual licensing model, everything they do is open-source and on the commercial side, they sell their services with over 40 million in signed deals already. In conclusion, Pascal gave a little overview of his team.