About Nillion

Nillion introduces a pioneering framework known as the Blind Computer, which serves as a private computation and storage network. This innovative architecture leverages Privacy-Enhancing Technologies (PETs) to facilitate secure computation and storage of data while upholding user privacy. The network supports a variety of applications, including personalized AI solutions, encrypted databases, and privacy-preserving services, thereby expanding the potential for secure data interactions in various sectors. The native utility token, $NIL, plays a crucial role within the Nillion ecosystem. It is utilized for network fees associated with blind computation and transactions across the Coordination Layer and Petnet. Additionally, $NIL is integral to network security through staking and governance participation, allowing token holders to influence the on-chain governance processes. The token also grants access to various Nillion modules and services, such as an encrypted database that enables computations on split data, AI-focused privacy technologies, and a versatile virtual machine designed to streamline web3 program development for AI developers.