Zama

Zama is an open-source cryptography company specializing in Fully Homomorphic Encryption (FHE) solutions for blockchain and AI applications. Their flagship product, the Zama Confidential Blockchain Protocol, enables confidential smart contracts on any Layer 1 (L1) or Layer 2 (L2) blockchain by keeping on-chain data encrypted at all times, even during processing. This approach ensures both privacy and public verifiability, addressing the transparency limitations inherent in traditional blockchain systems. Zama's technology is designed to be scalable, secure, and affordable, utilizing coprocessors to offload FHE computations from the base chain, thereby reducing gas fees and enhancing scalability.