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Shiba Inu Unleashes Privacy: Introducing TREAT Token for Enhanced Security on Shibarium

Feb 29, 2024

Shiba Inu Unleashes Privacy: Introducing TREAT Token for Enhanced Security on Shibarium
Shiba Inu Unleashes Privacy: Introducing TREAT Token for Enhanced Security on Shibarium
Shiba Inu Unleashes Privacy: Introducing TREAT Token for Enhanced Security on Shibarium

Shiba Inu, the ecosystem token behind the popular SHIB cryptocurrency, has announced plans to introduce enhanced privacy features for token holders. The initiative involves the development of a new privacy-focused network built atop the Shibarium blockchain, powered by the TREAT token. Collaborating with open-source cryptography firm Zama, Shiba Inu aims to leverage Fully Homomorphic Encryption (FHE) technology to establish robust privacy measures. FHE enables developers to process data from untrusted sources without the need to decrypt it, bolstering security and confidentiality within the network. This move underscores Shiba Inu's commitment to enhancing user privacy and elevating the value proposition of SHIB tokens.