Shiba Inu, the cryptocurrency project, is set to introduce a new privacy-focused networkNetwork The set of computers connected to each other, called nodes, on which the blockchain of a specific cryptocurrency is based. on top of the Shibarium blockchain. This initiative aims to enhance the value proposition of SHIB tokens. Collaborating with Zama, an open-source cryptography company, the network will utilize Fully Homomorphic Encryption (FHE), a privacy tool allowing developers to utilize data without decryption. The new network, powered by the ecosystem token TREAT, will add a privacy layer to Shibarium, improving on-chain privacy for SHIB token holders and safeguarding their personal and transactional data. According to Shytoshi Kusama, the founder of Shiba Inu, these entities are distinct for various reasons. Shibarium, launched in August, focuses on low-fee financial services and gaming, employing tokens like BONE, TREAT, SHIB, and LEASH for diverse blockchain applications.