Sunscreen Acquired by Fhenix, Team to Continue Advancing FHE Technology

CoinFeed July 3 news, the privacy computing project Sunscreen announced it will be acquired by Fhenix. Sunscreen stated that over the past 4 years it has focused on applied cryptography R&D, and is optimistic about the Fhenix team's execution capability in fully homomorphic encryption (FHE) infrastructure, believing that the other party is more suitable to bring production-grade FHE to market. After the acquisition, the Sunscreen team will join Fhenix, and the related code will continue to be available under the AGPL open source license.