Optalysys, a startup from the UK specializing in secure computing, has launched what it proudly claims as the first server for blockchains capable of processing data at scale without the need for decryption. The LightLocker node employs Fully Homomorphic Encryption (FHE), a sophisticated mathematical method that enables computations on encrypted data while preserving its encrypted state.

Key Points:

• Optalysys provides a more economical alternative to expensive and inefficient GPU systems, utilizing 40% less energy.
• The company, based in Leeds, was started in 2013 by Dr. Nick New (CEO) and Robert Todd (CTO).

In recent years, several businesses have been raising funds and delving into FHE applications within the cryptocurrency domain. Optalysys reports that its server hardware is specifically designed for blockchain encryption, providing a more affordable option compared to traditional hardware designed for encrypted blockchain tasks.

“For blockchain technologies to be widely adopted, infrastructure that supports confidential computing is essential,” stated CEO Nick New. He also remarked, “Conventional hardware solutions for encrypted blockchain are both costly and inefficient. General-purpose chips lack the design characteristics necessary for encrypted transaction processing.”

---