Privacy for the Decentralized Web.
Secret Network is the first blockchain with data privacy by default for smart contracts. With Secret Network, developers can finally build decentralized and permissionless applications that also protect users and preserve privacy.
What is Secret Network?
A blockchain-based, open-source protocol that lets anyone perform computations on encrypted data, bringing privacy to smart contracts and public blockchains.
By supporting encrypted inputs, encrypted outputs, and encrypted state for smart contracts, Secret Network allows for new kinds of powerful decentralized applications to be built. This can unlock substantial value across multiple verticals and industries, including the following:
Decentralized Finance
Support for privacy-preserving asset transfers, lending, and more.
Data Sharing
Sharing and monetizing data while keeping it secure.
Machine Learning
Discovering powerful insights while protecting underlying data.
Gaming Industry
Enabling more open and more usable gaming experiences.
Healthcare Industry
Allowing research over encrypted data, driving innovation.
How Secret Network Operates
The Secret Network is a decentralized network of computers (secret nodes) that utilize trusted execution environments (TEEs) to enable secure, private computation over encrypted data. TEEs function like a “black box” for data processing, and they are utilized in all types of everyday platforms such as smartphones and video game consoles.
The Secret Network blockchain is based on Cosmos SDK / Tendermint, meaning the network has its own independent consensus, on-chain governance, and features like slashing and delegation. It is secured by the native coin Secret (SCRT), which must be staked by network validators and is used for transaction fees as well as governance.
Secret Apps - powered by “secret”, privacy-preserving smart contracts - are built with CosmWasm smart contracts that are written in the Rust programming language and deployed on the Secret Network.
Want to build a better internet?
Solve for Security.
Secret Network is the first blockchain with privacy-preserving smart contracts. That means applications built on Secret can utilize encrypted data without revealing it to anyone, even the nodes in the network. For the first time, Secret Network allows developers to build powerful, permissionless, privacy-preserving applications - Secret Apps.
Blockchains are public by default. That means that all the data used in smart contracts is exposed to everyone. For blockchain technology to achieve global adoption, users and organizations need control over how their data is used – they can’t just expose it to everyone. Secret Network solves the problem of privacy, helping to secure and scale the decentralized web.