NIL/EUR - Nillion/Euro

About Nillion

Nillion (NIL) is the token that powers the Nillion network, an infrastructure designed to process and store sensitive data without revealing its content. Thanks to a technology called "blind computation"—which combines techniques such as multiparty computation, homomorphic encryption, and trusted environments—Nillion allows calculations on encrypted data without the need to decrypt it, ensuring total user privacy. This makes Nillion ideal for real-world applications such as personalized AI tools, confidential medical analysis, or financial systems that require maximum information protection. The NIL token has multiple utilities within this ecosystem: it is used to pay for network usage, incentivize security through staking, delegation, and rewards to operators, as well as to participate in the governance of the Nillion platform. Thus, users can get involved easily: they use the network for their daily activities, receive incentives for contributing to the operation of the nodes, and have a voice in the evolution of the project. All this translates into a clear proposal: an accessible, private, and collaborative infrastructure for those looking to manage their data securely without technical complications.