The leading player in the FHE space, Mind Network @mindnetwork_xyz, is indeed holding back a big move. They recently launched an on-chain encrypted messaging protocol—Encrypted Messaging Onchain. This directly addresses the pain points in the RWA space, upgrading asset on-chain from simple transfer to privacy-compliant full-chain management. This is also a solid implementation of FHE technology. In simple terms, this protocol generates keys through wallet signatures, adding structured encrypted data to transactions, providing secure and compliant data information like SWIFT. ➣ The entire process is divided into 5 steps: ① Recipient KYC registration ② Request access to RWA details ③ Issuer mints NFT to package public + private documents ④ Grant permissions to authorized users for decryption ⑤ Recipient retrieves and reviews on-chain Throughout the process, data on-chain is immutable, and privacy access is controllable, achieving a win-win in verification and protection. ➣ @mindnetwork_xyz also perfectly solves several major challenges of RWA: Compliance-privacy contradiction, allowing only KYC users to decrypt through permissions Ambiguous asset definitions, adding transaction purposes and terms Cross-border settlement barriers, packaging NFTs to ensure verifiability Insufficient audit traceability, keeping all records on-chain for easy tracking ➣ Even more impressive is Mind's ecosystem expansion. In the Web2 space, they have currently signed an MOU with Byteplus, a subsidiary of ByteDance, becoming the first Web3 project to enter the Byte ecosystem. Additionally, they exclusively provide FHE secure consensus for Alibaba Cloud's encrypted AI inference, being the first integrator of the DeepSeek open-source framework. In summary, Mind Encrypt allows RWA asset lifecycle data to be encrypted on-chain, enhancing efficiency without sacrificing privacy. With Ethereum breaking 4000, $FHE is also on the rise.