With the technological evolution of AI, more and more data is being fed to centralized entities, raising concerns among users and other entities regarding data sovereignty and security. At the same time, the application of AI Agents in segmented scenarios is increasing, and certain scenarios may involve users' personal privacy. Therefore, decentralized private data will become a pillar of the largest industries in the future. In this context, Nillion has launched its first decentralized blind computing network, which has its own set of supporting infrastructure. Through these tools, it helps builders create powerful applications that can securely utilize high-value data. Early builders in the Nillion community are creating tools for private predictive AI, secure storage and computing solutions for healthcare, secure data storage solutions for credentials, and secure workflows for transaction data. In terms of financing, Nillion completed a $25 million funding round led by Hack VC in October 2024, with investors including HashKey Capital, Animoca Brands, and angel investors from projects like Arbitrum, Worldcoin, and Sei. In fact, as early as 2022, Nillion had completed a $20 million funding round, led by Distributed Global. These two rounds of financing have brought Nillion's total funding to $45 million, providing ample resources for project development. The Nillion network is divided into two parts: the Coordination Layer (nilChain) and Petnet (Privacy Enhancing Technology Network). Petnet allows builders to utilize Privacy Enhancing Technologies (PET) to store and compute data while keeping it encrypted.