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DFINITY Foundation Launches Niobium Milestone, Bringing New Levels of Privacy with vetKeys Technology on the Internet Computer

July 3, 2025 By Crypto Reporter PR

DFINITY Foundation, the creator and major contributor to the Internet Computer Protocol (ICP), announced the launch of the Niobium milestone, a critical cryptographic upgrade that brings enhanced privacy-preserving features to the Internet Computer using vetKeys (Verifiable Encrypted Threshold Keys), into full production.

With Niobium, developers building decentralized applications (dApps) on ICP now use on-chain encryption, a first in the blockchain space. This is enabled by a powerful, decentralized key management system, called vetKeys, which enables user data privacy without sacrificing blockchain functionality. vetKeys is a decentralized key management solution, allowing one to derive cryptographic keys on demand, in a fully decentralized way. With this,  developers can build dApps where users’ data is encrypted, for the first time addressing privacy needs on a public blockchain.

vetKeys are built on a new verifiably encrypted threshold key derivation protocol (vetKD), which lets canister smart contracts manage and request cryptographic keys that are securely derived and encrypted with a user’s public key. This ensures that neither subnet nodes nor canisters can access the keys, and users can verify the process independently.

The functionality is now directly available through a new system API, enabling smart contracts to request cryptographic operations without relying on off-chain components. Developer libraries and frontend tooling included in the Niobium release streamline the integration process, making it easier to build privacy-preserving dApps end-to-end.

“Niobium marks a significant step for the decentralized web,” said Jan Camenisch, Chief Technology Officer at DFINITY. “With vetKeys, we’re solving a fundamental privacy and data protection flaw with blockchain technology – ultimately redefining what’s possible on-chain. For the first time, developers can build applications that combine the integrity of blockchain with the confidentiality of encryption, all within a smart contract. This is a foundational step toward a future where data sovereignty is universal, and decentralized systems can truly surpass the capabilities of centralized tech.”

vetKeys support a wide range of advanced use cases: from Maximal Extractable Value (MEV) protection in DeFi via threshold encryption, to enhanced privacy for Internet Identity. The technology also introduces support for identity-based encryption, allowing data to be encrypted directly to an identity (such as an Internet Identity, principal, or Ethereum address) enabling secure, user-specific data access – along with applications for Timelock Encryption, Threshold BLS Signatures for multichain applications, and Verifiable Randomness, meaning that canisters can generate randomness that is not only unpredictable and tamper-proof but also publicly verifiable.

This milestone reinforces the Internet Computer’s position as the only blockchain capable of running software and services directly on-chain – without off-chain dependencies or Big Tech intermediaries. vetKeys further extend this architecture with end-to-end privacy guarantees in a trustless environment.

Developers interested in building with vetKeys can access documentation and resources through the official DFINITY channels. The Niobium milestone is now live on the Internet Computer mainnet.

Filed Under: Press Releases

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