Foundation Midnight Foundation is launched to support the growth of the safe and decentralized Blockchain network – Cryptomode
Leading previous inputs IO and Parity Technologies Fahmi Syed, the midnight Foundation will support the growth of the ecosystem of rational privacy in the middle of the night and direct its transition to full decentralization.
Toronto, May 13, 2025 / PRNEWSWIRE / – Consensus 2025 – Today represents the official launch of the midnight Foundation, which is an organization committed to supporting growth midnight Blockchain ecosystem. Midnight is a platform that enables decentralized applications that provide rational privacy – Protectable data protection with selective detection. The institution’s main task is to strengthen the prosperous developer community, expand access to midnight private technology, and direct the development of the network towards full decentralization.
Through a wide range of initiatives-including open tools, source, education and targeted financing-the institution supports builders of developing cases in the real world using midnight. It is important, the Foundation will also play a pioneering role on the midnight road to autonomy. With the maturity of the network, the control of the protocol promotions, the customization of the cabinet and the development of the ecosystem will be transmitted to the holders of the distinctive night symbol by voting on the chain. The Foundation will guarantee that this transition is safe, transparent and engine for society.
These efforts will be a key to enabling the basis to redefine the infrastructure of the Web3: especially, compatible, decentralized-ready to adopt the real world.
He will lead the midnight institution, she is the master who has been appointed as a president. SYED, a recognized pioneer in decentralized management and digital innovation, brings more than two decades of experience in the financial strategy, operational leadership, and decentralized technology for this role. Recently, support for the development of the midnight project in IO. Before that, the equivalence financial manager was technologies, the team behind Bolkadot and Kosama, as he led financial operations during a period of rapid expansion of the ecosystem.
Earlier in his career, the master of Fifthdelta operations, the largest launch of a hedge fund in Europe for 2021. He also held great leadership roles in Marshall SPA, contributing to the company’s global growth to $ 45 billion of management assets.
The basic development of the midnight network has led itself by protected techniques, which is an IO engineering mandate, creators such as Cardano.
Protective techniques have been established in favor of leading privacy, decentralized technologies are ready for regulations, and continue to play an integral role in supporting technical innovation and the growth of the ecosystems in the middle of the night.
Commenting on his appointment, Sayed said: “The midnight institution has an extraordinary opportunity to form the future of decentralized technology in a way that really protects the rights and privacy of users. I am honored to do this task at such a critical time. Everywhere.”
A new type of Blockchain network, midnight, is designed to overcome the traditional Blockchains restrictions that offer all transactions data by default. Terity encryption is used and designing the cooperative symbol to enable special and control applications, and ready -made applications.
The distinctive symbol of public and night facilities allows governance and bonuses, while its protected supplier, dust, or strong transactions without exposing the details of descriptive or portfolio data. Unlike the model Blockchain dash models, the dust is renewed, not convertable, and it is analyzed over time-a radical new model that makes the network sustainable, privacy, and safe from economic exploitation.
Moving forward, Midnight Foundation will look forward to building a wide environmental system of partners, builders and distinguished symbols, and they work together to achieve Blockchain network capabilities in the middle of the night. We invite you to join us on this trip.
Media contact:
Georgia Hanias
Midnight Foundation
Press@cologymedia.co.uk
About the foundation in the middle of the night
The Midnight Foundation is an organization dedicated to the development of development, adoption and real influence of the midnight network, and it is a project to enhance privacy developed by protection technologies. Midnight, designer for secret smart contracts, is designed, providing decentralized applications resistant to censorship but compatible with them. It enhances the evidence of zero knowledge and collaborative symbolic architecture- with the night, such as the distinctive symbol of facilities and dust as a protected transaction supply- to provide a strong mix of privacy, safety and decentralization.
For more information, please visit: https://midnight.foundation
About protected technologies
SAILDERED Technologies is an emerging engineering company that manufactures the privacy of privacy enhancement, no central designed for compatibility in the real world. Spinout brings the leading Web3 Venture Studio entry outputs, the deep experience of encryption as a basic technology partner for the midnight network – a new Blockchain that benefits from advanced encryption evidence and the design of cooperative symbols to protect data and descriptive data while ensuring checking and compliance. In cooperation with the Midnight Foundation Foundation, SAILERED formates a global ecosystem that supports the basic freedoms of assembly, trade and expression.
For more information, please visit: https://shielded.io
