Nillion Hires Top Coinbase & Bloomberg Lawyer Lindsay Danas Cohen as General Counsel
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New York, USA, 10th October, 2022, Chainwire
A Breakthrough in Mathematics Enables New, Non-blockchain, Web3 Use Cases that Go Beyond Traditional Distributed Ledgers, Crypto and Encryption
Leadership Includes Founding Engineer of Uber, Founder of Indiegogo, Founding CMO of Hedera Hashgraph, Head of Innovation Partnerships at Nike and Others.
Much-anticipated web3 startup Nillion announces the appointment of Lindsay Danas Cohen as General Counsel. Danas Cohen, a former top lawyer at Coinbase and Bloomberg, joins a team of technology leaders including CTO Conrad Whelan, the Founding Engineer of Uber, that is using breakthrough technology to create the first fully decentralized secure multi-party computation (MPC) network in web3.
By leveraging new, non-blockchain, proprietary technology, called Nil Message Compute (NMC), Nillion is able to fragment data into hundreds of pieces that are distributed across the Nillion network. The network enables an innovative way to protect private and sensitive data while still allowing for scalable computations to be run on the fragmented data. This cutting-edge solution is faster, more private and more secure than both existing blockchain technology and encryption. It allows for the quantum-proof, Information-Theoretic Secure storage and computation of sensitive information, including passwords, private keys, medical data, financial information and much more.
“The innovative technology underlying Nillion is introducing privacy as a feature to web3 which is incredibly exciting and I believe it will change the world,” says Danas Cohen. “In the
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