In an era where data breaches are a reality, Privasea introduces DeepSea, its AI network that integrates deep learning capabilities with Full Homomorphic Encryption (FHE). This update comes just days after Privasea raised a total of $15 million following its recent Series A funding with participation from GSR and Amber. With the beta testnet launched on January 6, DeepSea will redefine how we approach data privacy in AI applications.
But what does this mean for the internet in the near future? How does this apply to people in their everyday lives? Let's take a look at how DeepSea is revolutionizing online data privacy and security.
What is DeepSea?
DeepSea is an evolution in secure computing and digital privacy. It allows AI systems to make deep learning decisions on encrypted data.
Here's how it works:
- FHE at its core: DeepSea use Completely homomorphic encryptionallowing computation of data while it remains encrypted. This means that your data can be analyzed or processed without ever being published in its raw form.
- Consumer Empowerment: With DeepSea, consumers can engage with AI tech without sacrificing privacy. Whether it's for healthcare, finance or personal use, DeepSea ensures that your data is safe from the moment it enters the system until it leaves.
The Need for DeepSea
Today, data privacy is no longer a luxury. Every day, cybercriminals target businesses, especially startups, where their focus on growth often overrides the security of their customer database. People are products and your data is their new currency.
Statistics show that 43% of data leaks occur in small businesses, making them prime targets. These violations erode trust between organizations and people.
DeepSea arrives at a time when privacy laws such as GDPR are looming, and the cost of non-compliance continues to rise. With DeepSea, Privasea addresses these challenges directly by ensuring that data privacy does not affect the speed of innovation or operations, especially in AI and deep learning.
Key features of the DeepSea launch
- Dashboard distribution: A new user interface where you can manage and monitor your privacy settings and data usage in real time.
- Programs for nod: The beta release includes the Workheart Node for physical work authentication and the Privanetix Node for high-performance computing tasks. Owners of Workheart Nodes will receive special airdrops, empowering them to be at the forefront of this privacy revolution.
Real-world applications of DeepSea
Identity verification: The digital age has taken scams and bot accounts to new heights. Private ImHuman appcompatible with DeepSea, providing a solution. It asserts your humanity without affecting your identity. Instead of sharing sensitive details, you get a unique NFT as your proof of identity, secure from phishing or abuse.
Health care: Imagine a world where your medical records are used to improve AI diagnosis without ever compromising your personal health information. DeepSea makes this possible, preventing situations like the Ascension data breach that exposed 5.6 million patients. Now, every diagnosis, scan, or record can be processed securely.
Small Businesses: For starters, DeepSea means scaling without fear of becoming the next cybercrime statistic. By integrating AI for growth while maintaining compliance with privacy laws, businesses can focus on what they do best – innovation. To take this initiative even further, Privasea has also joined the Volvo CampX incubator in 2024 to allow more applications to be built based on FHE and ML models.
DeepSea Advantage
- Privacy without compromise: DeepSea AI at your fingertips without its privacy problems. There is no longer a choice between innovation and security; it's about being both available and accessible to you.
- Compliance Ready: As regulations evolve, DeepSea ensures organizations are ahead of the curve, turning potential liabilities into competitive advantages.
- Consumer Trust: By protecting personal data, DeepSea fosters a new level of trust between consumers and technology providers, which is vital in an era where trust is easily lost.
Floating details
The DeepSea beta testnet is now availableallowing early adopters to experience this new wave of privacy-focused computing. Privasea invites developers, businesses, and privacy advocates to join this journey, test our systems, and help shape a secure digital future.
Privasea's commitment goes beyond this publication alone. With plans for the Genesis release on January 27th and the main network in Q1 2025, the team is building momentum towards a world where privacy is as essential as the technology itself.
About Privasea
Founded with the vision of integrating privacy into the fabric of AI, It was private has received support from industry leaders such as Binance Labs and OKX Ventures, positioning it as a pioneer in privacy computing. With DeepSea, Privasea isn't just launching a network; it launches a safer and more private digital world for everyone.
Disclaimer: This is a paid post and should not be treated as news/advice.
