Nillion Price

Nillion is the blind computer – a private computation and storage network for AI and data. The network uses PETs (Privacy-Enhancing Technologies) to enable computation and storage on data while maintaining privacy, making possible use cases like private personalized AI, encrypted databases, and privacy-preserving applications.NIL is the native utility token of the network that is used for:Network fees for blind computation and payments across the Coordination Layer and PetnetStaking to secure the networkGovernance participation the onchain governance moduleNIL enables access to Nillion modules and services such as:nilDB: an encrypted database with data split up across multiple nodes. Calculations can still be performed on data while in encrypted form.nilAI: AI-focused privacy technologies that include AI Virtual Machine (AIVM), nada-AI, and nilTEEnilVM: VM with libraries that simplify program development for AI devs by letting them use Python and Javascript to write web3 programs.