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PDF: Whitepaper - Secure Multiparty Computation Goes Live

 

Read the official whitepaper that reports on the first large-scale and practical application of Secure Multi-Party Computation, which took place in January 2008.

 

 


 

Introduction

How a group of researchers pioneered Multi-Party Computation with a sugar beet auction

In the whitepaper, Secure Multiparty Computation Goes Liveyou’ll learn about the first-ever real-world commercial use of Multi-Party Computation, which was a large-scale secure auction used by farmers in Denmark to trade sugar beet contracts without compromising bid privacy.

Co-authored by Ivan Damgård, Kurt Nielsen and Jesper Buus Nielsen, co-founders of Partisia.

 

What’s inside?

  • Learn how a Danish sugar beet auction became the first large-scale experiment to use Multi-Party Computation (MPC) in practice.

  • How MPC was used as a privacy-preserving, “virtual auctioneer”, replacing the need for any single entity or middleman when figuring out the market clearing price on the sugar beet market.

  • See user feedback from farmers who participated in the auction. Survey results indicate they valued confidentiality and were satisfied with the level of privacy that the solution provided.

  • Explore lessons learned from the application and how this can guide further MPC applications in various industries like finance, healthcare, and beyond.

 


 
We’re proud that several of the researchers behind this groundbreaking project are co-founders of Partisia

About the authors

ivan_800

Ivan Damgård, Professor
Chief Cryptographer, Partner

Ivan is the co-founder of Partisia. He is also a Professor and head of the research group in cryptography at Aarhus University and one of the top cited and publishing researchers in cryptography.

partisia_kurt-nielsen

Kurt Nielsen
Chief Executive Officer, Partner

Kurt is the CEO and co-founder of Partisia. He holds a PhD in Economics with studies at the University of Copenhagen, University of Toronto, and UC Berkeley.

As an experienced entrepreneur, he has turned advanced cryptography solutions into innovative high-tech businesses for over 15 years.

jesperbuus_800

Jesper Buus Nielsen, Professor
Chief Cryptographic System Designer, Partner

Jesper is a Professor in Computer Science at Aarhus University and also one of the co-founders of Partisia. He is one of the top cited and publishing researchers in Secure Multi-Party Computation.

 



Ready to jump into the whitepaper?

Go to the PDF to explore the academic project behind the groundbreaking first real-world practical application of Multi-Party Computation.

 


partisia_kurt-nielsen

 

This whitepaper is a must-read for anyone interested in exploring innovative privacy-enhancing software solutions.

It reveals how Partisia became a global pioneer in Multi-Party Computation, thanks to the co-founders who paved the way for the technology’s first commercial application.

Kurt Nielsen
CEO at Partisia

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2024.12.17