Enigma

DLT Technology
Enigma header

Enigma

DLT Technology

Blockchain Development Platform (Computation Protocol)

United States
2017
Year of establishment
Active
Status

About

Hi we’re Enigma!


Enigma is a decentralized supercomputer. The network enables computations to be performed while maintaining the data on which these computations are performed private.

This feature enables a range of possibilities that were not possible before, at least not without harming the privacy of the data. A typical example involves Alice and Bob, who want to know whose salary is higher. With the cryptographic techniques Enigma uses, Bob and Alice would be able to find out whose salary is higher, without actually getting to each others salaries.

This example can be extended to real life use cases in industries such as finance or healthcare, where data privacy is of great importance. Enigma would enable calculations to be performed on these data, while maintaining the information private.

Enigma enables this feature by splitting data and computational functions between different nodes. No single party ever has access to the complete data. This not only ensures the privacy Enigma promises, but it also means that the Enigma blockchain is highly scalable.

ENG is the token that incentivises the players in the Enigma network to stay honest. ENG is also used as a reward for performing computations.

Key objective

Enabling scalable, end-to-end decentralized applications

Slogan / Motto

We’re making decentralization work.

Use cases

Infrastructure
Blockchain Development Platform

Team

Customers / Partners

Products

Funding

Received funding
N/A
Total amount raised
3
Rounds
6
Total amount of investors
Amount Raised
Funding type
Funding round closing
Investors
N/A
Series A
Outlier Ventures
N/A
Seed
Digital Currency Group
Floodgate
Flybridge Capital Partners
Pantera Capital
N/A
Incubator/Accelerator
Plug and Play Accelerator

News

How EulerBeats could change the way artists get paid

Quick Take EulerBeats is an Ethereum-based non-fungible token (NFT) music and art project built on a unique reproduction model.  The project has already released its first collection of 27 original tracks titled “Genesis.” It plans to launch its second collection, “Enigma,” next week.


2 months ago


Product update/release
Ethereum
Enigma

What is Secret Network (SCRT)?

Spun off from Enigma after SEC enforcement, Secret Network lets decentralized apps create privacy-focused smart contracts for handling sensitive data.


2 months ago


Regulation/Legal
Secret Network
Enigma
U.S. Securities and Exchange Commission (SEC)

Privacy-Focused Enigma Files With SEC for ENG Token

Once the registration statement becomes effective, Enigma would be required to file annual and quarterly reports with the regulatory body for its token.


8 months ago


Regulation/Legal
Enigma
U.S. Securities and Exchange Commission (SEC)

Enigma files registration statement for its ENG token months after SEC settlement

Enigma, the blockchain startup that settled with the Securities and Exchange Commission (SEC) earlier this year over its 2017 token sale, has filed a registration statement with the agency.


8 months ago


Regulation/Legal
Enigma
U.S. Securities and Exchange Commission (SEC)

Enigma Blockchain Has a New Name and a Privacy Boost in the Works

The Enigma mainnet was rebranded the Secret Network after an on-chain proposal by the community unanimously passed on May 17.


a year ago


Product update/release
Enigma
Secret Network