Fully Homomorphic Encryption (FHE)

Fully Homomorphic Encryption (FHE) is an encryption method that allows computations to be performed on encrypted data without prior decryption. This approach safeguards sensitive data, protecting it from potential privacy breaches. FHE has various applications in the blockchain ecosystem, including preserving healthcare data, privacy-preserving outsourced storage and computation in cloud environments, and related technologies. It often works alongside Secure Multi-Party Computation (SMC) and other privacy-preserving cryptographic primitives.