Nillion and Bahrain Telecom Giant stc Bahrain Strategic Partnership to Promote Data Privacy Innovation with Blind Computing Technology

Nillion announced a strategic partnership with the Bahraini telecom giant stc Bahrain, becoming a partner in the Pearling Path program, collaborating to promote the application of blind computation technology. This partnership will leverage secure computing and decentralized data technologies to enhance data privacy protection and drive the global adoption of Privacy-Enhancing Technologies (PET).

Blind Computation: Revolutionary Technology Balancing Privacy and Data Analysis

The core technology of this collaboration - blind computation, is part of Privacy-Enhancing Technologies (PETs), aiming to ensure data privacy is not compromised while still enabling computation and analysis. This technology allows enterprises to obtain valuable information without exposing sensitive data, providing an innovative solution to balance privacy protection and data utilization.

In the first phase of the collaboration, stc Bahrain will run a node on Nillion's PETnet network. PETnet is a decentralized private storage and computing platform that uses Multi-Party Computation (MPC) and other technologies to ensure quantum-safe data storage and encrypted processing. stc Bahrain will also become the first telecom company to participate in operating PETnet nodes, providing computing power and security assurance to the network.

Nillion Expands to the Middle East Market, Developing Application Scenarios

This collaboration is not limited to the Bahraini market, as stc Bahrain plans to leverage Nillion's blind computation network to develop scalable business applications, and expand the technology globally through its Wholesale Division. This aligns with Bahrain's Vision 2030 economic development plan and its technology innovation goals.

Saad Odeh, Head of Wholesale at stc Bahrain, stated: "We are delighted to welcome Nillion as a Pearling Path partner in our Web3 Launchpad program. Nillion's privacy-enhancing technologies and decentralized data solutions perfectly align with our vision for a secure, scalable, and interconnected digital future."

Bahrain Data Embassy Act: A New Paradigm of Data Sovereignty

Bahrain has long been committed to promoting data privacy and sovereignty, with its pioneering "Data Embassy" Act being a global innovation in data governance. Introduced in 2018, the Act allows foreign companies to store data in Bahrain's data centers while still subject to their home country's data protection laws. This regulation has made Bahrain a key hub for global data storage and protection, attracting many tech companies to establish a presence.

Through this Act, Nillion and stc Bahrain will provide enterprises and individuals with more secure data storage solutions, ensuring data privacy not only complies with local regulations but also international standards.

Alex Page, CEO of Nillion, stated: "Our partnership with stc Bahrain allows us to leverage their global telecom network to showcase the potential of blind computation technology to a wider customer base. By combining Nillion's secure computing technology, stc Bahrain's robust telecom infrastructure, and Bahrain's Data Embassy Act, we are establishing a new standard for global data management and privacy protection."

stc Bahrain: The Leader of Bahrain's Digital Economy

As one of Bahrain's most innovative telecom companies, stc Bahrain, a subsidiary of the stc Group, has been driving the transformation of the local telecom industry since its market entry in 2010. The company actively invests in 5.5G, blockchain, cloud computing, network security, and mobile payments, and has launched the world's first Web3 Launchpad program to accelerate blockchain technology development.

Furthermore, stc Bahrain launched stc pay, a digital wallet authorized by the Central Bank of Bahrain, contributing to the country's transition towards a cashless society.

stc Bahrain has also consistently ranked among the leaders in the Bahrain Telecommunications Regulatory Authority (TRA) quality reports, demonstrating its excellent network coverage and high-quality services. As a core driver of Bahrain's digital economy, stc Bahrain continues to promote regional and global market development through innovative technologies.

Nillion: Building the World's First Blind Computation Network

Nillion is the world's first decentralized network based on blind computation (Blind Computation) technology, with its core technology combining multi-party computation (MPC) and privacy-enhancing technologies (PETs), allowing sensitive data to be computed without being decrypted. Nillion believes that blind computation will become the privacy data foundation layer of the Internet, and has attracted innovators from fields such as AI, DeFi, medical data, digital identity, crypto wallets, and communications to join its ecosystem.

Driving the Future of Global Data Privacy and Secure Computation

Nillion's collaboration with stc Bahrain represents a significant advancement of blind computation technology in the global market. Through the PETnet network, the Bahrain Data Embassy Act, and stc Bahrain's telecommunications infrastructure, this collaboration will drive the application of privacy computing, data sovereignty, and decentralized technologies.