Women-founded companies in Israel are pivotal in advancing blockchain privacy, bringing fresh perspectives and inclusive innovation to a traditionally male-dominated tech landscape. Their contributions reshape how data is secured and shared, especially in high-stakes sectors like finance and healthcare. By combining cutting-edge cryptography with a bold vision for decentralized collaboration, these leaders are creating technologies that prioritize security and transparency.
At the forefront of this revolution is Soda Labs, Co-Founded by Meital Levy and Avishay Yanai, which is setting new standards for privacy-preserving blockchain infrastructure.
Revolutionizing Privacy Infrastructure for Blockchain
The company focuses on building scalable, programmable privacy infrastructure primarily for blockchain environments. Traditional blockchains expose all data to the public, making them unsuitable for applications involving confidential information. Soda Labs changes this narrative by enabling efficient computation on encrypted data, unlocking new possibilities in sectors like finance and healthcare where data sensitivity is paramount. This breakthrough is particularly relevant in today’s environment, where the demand for secure data collaboration is matched by the need for operational functionality.
The privacy-preserving technology sector is rapidly evolving, driven by the growing frequency of data breaches and the increasing consequences of non-compliance with privacy regulations. “Advances in cryptographic techniques have opened new avenues for protecting data not just when stored, but also during use. At Soda Labs, we play a critical role in this evolution through our innovations in secure Multi- Party Computation (MPC). By enabling encrypted data to be processed without ever revealing the raw content, we empower secure collaboration without sacrificing privacy or control”, says Meital Levy, Co-Founder & CTO, Soda Labs.
One of Soda Labs’ most notable advancements is its MPC architecture, which ensures data always remains encrypted. The company’s approach prevents any single party from having full access to decryption keys by distributing key shares across multiple independent nodes. Decryption or computation can only occur when a set of these nodes gives their cryptographic consent. This decentralized consent mechanism significantly increases the difficulty for potential attackers, as breaching the system would require compromising all involved nodes simultaneously.
In addition to MPC, Soda Labs utilizes a powerful cryptographic method known as Garbled Circuits. This technology transforms data into an unintelligible format during processing, making it unreadable to unauthorized parties, including those directly managing the computation.
Even as computations are performed, the confidentiality of the data remains intact. The encryption keys used in the process are split and distributed, further enhancing the system’s resilience to unauthorized access.
Aligning with Global Privacy Regulations
Soda Labs addresses a critical market gap, which is the absence of robust, privacy-preserving computation in blockchain systems. Most blockchain networks are designed for transparency, limiting their utility in privacy sensitive industries. This company has introduced a decentralized confidential computation solution that overcomes this limitation, positioning itself as a key enabler for broader blockchain adoption in regulated and data-sensitive sectors.
Scalability and efficiency are core tenets of Soda Labs’ technology. The company’s Garbled Circuit-based MPC protocol introduces a unique separation between the garbling and evaluation phases. This allows for the distribution of cryptographic tasks across thousands of evaluators, ensuring the system remains responsive and performant even under high transaction volumes.
The introduction of the Offline Soldering technique further enhances scalability by allowing the platform to anticipate and prepare for peak demands, even when future computational requirements are unknown.
Soda Labs’ platform is designed with compliance in mind. Its ability to process encrypted data without exposing the content aligns naturally with privacy laws such as the General Data Protection Regulation (GDPR) and the Health Insurance Portability and Accountability Act (HIPAA). Features such as selective disclosure and built-in auditability provide enterprises with the tools needed to meet both legal and operational compliance requirements. By integrating privacy and transparency, Soda Labs supports organizations in navigating complex regulatory landscapes.
Soda Labs is redefining digital trust by making privacy-preserving computation scalable, secure, and accessible across the decentralized scenario
Developer-Friendly Tools for Scalable Privacy
To ensure its technologies remain future-ready, Soda Labs takes a proactive approach to compliance. The company continuously monitors global privacy laws and standards, updating its protocols and infrastructure accordingly. This commitment enables clients to stay ahead of regulatory shifts and maintain long-term trust with users and stakeholders.
Soda Labs also sets itself apart through its focus on developer accessibility. The company has developed an advanced compiler that simplifies the integration of privacypreserving features into decentralized applications. This tool allows developers to implement secure computation without needing deep expertise in cryptography, lowering the barrier to entry for building private-by-default applications in the Web3 ecosystem.
By balancing robust privacy protections with performance, usability, and compliance, Soda Labs delivers a comprehensive solution to one of the most pressing issues in modern data management. Its contributions extend beyond just technology, they reflect a fundamental shift in how trust and collaboration can function in a decentralized world.
In conclusion, Soda Labs remains committed to making secure and private computation accessible, scalable, and effective across industries. The company’s technologies not only safeguard sensitive data but also empower organizations to harness their full value. Through continuous innovation and a steadfast dedication to privacy, Soda Labs is setting new standards for trust, security, and functionality in the digital age.
Meital Levy, Co-Founder & CTO, Soda Labs
PhD Meital Levy, Co-Founder and CTO of Soda Labs is a leading cryptography expert with over 12 years in threshold cryptography. As a core developer of the SCAPI library at Bar-Ilan University’s Crypto Lab, she has pioneered secure multi-party computation protocols. Her academic foundation and industry innovation position her at the forefront of privacy-preserving blockchain infrastructure.
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