Strategic Collaboration Between Nillion and Bahrain Telecom Giant stc Bahrain to Advance Data Privacy Innovation through Blind Computing Technology
Nillion Announces Strategic Partnership with Bahrain Telecom Giant stc Bahrain to Promote the Pearling Path Project and Advance Blind Computation Technology
Nillion has announced a strategic partnership with Bahrain’s leading telecom company, stc Bahrain, to become a collaborator in the Pearling Path project, working together to promote the application of Blind Computation technology. This collaboration will leverage secure computing and decentralized data technologies to enhance data privacy protection and facilitate the global deployment of Privacy-Enhancing Technologies (PET).
Blind Computation: A Revolutionary Technology Balancing Privacy and Data Analysis
The core technology of this partnership, Blind Computation, is part of Privacy-Enhancing Technologies (PETs) and aims to ensure that data privacy is not compromised while still allowing for computation and analysis. This technology enables businesses to obtain valuable information without exposing sensitive data, providing innovative solutions that balance privacy protection and data utilization.
In the first phase of the collaboration, stc Bahrain will operate a node on Nillion’s PETnet network. PETnet is a decentralized private storage and computing platform that employs techniques such as Multi-Party Computation (MPC) to ensure quantum-level secure storage and encrypted processing of data. stc Bahrain will also become the first telecom company to participate in the operation of PETnet nodes, contributing computational power and security to the network.
Nillion Expands into the Middle East Market and Develops Application Scenarios
This collaboration is not limited to the Bahrain market; stc Bahrain plans to utilize Nillion’s Blind Computation network to develop scalable business applications and extend the technology to global markets through its International Wholesale Division. This aligns closely with the technological innovation goals of Bahrain’s Vision 2030 economic development plan.
Saad Odeh, Director of Wholesale Business at stc Bahrain, stated, “We are excited to welcome Nillion as a partner in the Pearling Path initiative within the Web3 Launchpad project. Nillion’s privacy-enhancing technology and decentralized data solutions align perfectly with our vision for a secure, scalable, and interconnected digital future.”
Bahrain Data Embassy Law: A New Paradigm for Data Sovereignty
Bahrain has long been committed to promoting data privacy and sovereignty, with its “Data Embassy” law representing a global innovation in data management. Introduced in 2018, the law allows foreign companies to store data in Bahrain’s data centers while still being subject to their home country’s data protection laws. This regulation has positioned Bahrain as a key hub for global data storage and protection, attracting numerous technology companies.
Through this law, Nillion and stc Bahrain will offer businesses and individuals more secure data storage solutions, ensuring that data privacy complies not only with local regulations but also international standards. Alex Page, CEO of Nillion, remarked, “Our collaboration with stc Bahrain allows us to leverage its global telecom network to showcase the potential of Blind Computation technology to a broader audience. By combining Nillion’s secure computing technology with stc Bahrain’s robust telecom infrastructure and Bahrain’s Data Embassy law, we are establishing a new standard for global data management and privacy protection.”
stc Bahrain: A Leader in Bahrain’s Digital Economy
As one of Bahrain’s most innovative telecom companies, stc Bahrain is part of the stc Group and has been driving the transformation of the local telecom industry since entering the market in 2010. The company actively invests in areas such as 5.5G, blockchain, cloud computing, cybersecurity, and mobile payments, and has launched the world’s first Web3 Launchpad project to accelerate the development of blockchain technology.
Additionally, stc Bahrain introduced stc pay in 2018, a digital wallet authorized by the Central Bank of Bahrain, contributing to Bahrain’s transition towards a cashless society. stc Bahrain has consistently ranked highly 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 technology, combining Multi-Party Computation (MPC) and Privacy-Enhancing Technologies (PETs) to enable calculations on sensitive data without decryption. Nillion believes that Blind Computation will become the foundational layer of privacy data on the Internet, attracting innovators from fields such as AI, DeFi, healthcare data, digital identity, cryptocurrency wallets, and communication to join its ecosystem.
Driving the Future of Global Data Privacy and Secure Computing
The partnership between Nillion and stc Bahrain represents a significant advancement for Blind Computation technology in the global market. Through the PETnet network, Bahrain’s Data Embassy law, and stc Bahrain’s telecom infrastructure, this collaboration will promote the application of privacy computing, data sovereignty, and decentralized technologies.
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