Partisia Confidential Computing is able to do computation on encrypted data without ever breaching the regulations or privacy of the information. The platform enables organisations to compute on protected data, making it possible for any enterprise to use all of the data with full confidence and without compromise.
The Virtual Public Register (VPR) Platform represents a system that facilitates confidential computing and collaboration across public registers i.e. a system that virtually combines and uses public registers.
The VPR Platform has been matured for commercial use through a series of R&D projects funded by the Danish Industry Foundation and Innovation Fund Denmark. These projects focus on healthcare and are used within a “sandbox” environment where the Danish Health Data Organisation (SDS) and Statistics Denmark (DST) operate and control the VPR Platform (they are the Computing Parties running the MPC protocols). The MPC protocol ensures that neither of the public registers can access the encrypted data. The user interface allows third party analysts to select data sets, variables and computations across the merged data sets. If the SDS and SDT approve the analysis, the third-party analyst receives the results.
The OSCAR Project aims at building a commercial platform around the VPR Platform and where a number of template healthcare analyses are readily available for third-party analysts. The potential is a real-time access to run analysis on highly sensitive data that is very time consuming and expensive to apply today.
Financial fraud is an increasing problem that globally costs trillions for dollars and fuels organized crime from drug dealing to human trafficking. The fraudsters become more and more advanced and money moves around in patterns that become harder and harder to distinguish from normal behaviour.
Fortunately, most financial fraud passes through banks and other financial institutions, which leave digital traces originating from single transactions between a sender and a receiver. Most fraud detection today is conducted within a single bank with too little information to recognise fraud. Information has to be shared across not just the sender and the receiver but the large number of banks involved in the chain of transactions used to disguise fraud.
This is, however, where Confidential Computing can play an important role. Done the right way, the Partisia Platform and MPC allows the use of confidential data across banks, regulators and jurisdictions without violating either regulation that ensures competition and the individuals’ right to privacy. This has been recognised by regulators and recently, FCA (the financial regulator in England) hosted an event where Partisia developed a PoC solution in close collaboration with Goldman Sachs, Deloitte, Partisia, Sedicii and Ex Ante Advisory.
Enabling independent organisations to work privacy-preserving on joint data without regulatory or antitrust challenges is a game changer.
Mark Medum Bundgaard
Partisia was founded in 2008 by global pioneers within Multi-Party Computation and advanced cryptography. While our core mission is to integrate Privacy Enhancing Technologies with the aim of improving decision-making and product development, we also pride ourselves on being one of the best in the industry.
We are an innovative software company and a trusted partner empowering companies to operate and compute encrypted data. Providing a platform where data from individuals, governments and private companies are able to stay encrypted and protected, and still fully enabled, creating the perfect balance between transparency and privacy. Choose Partisia and get a partner based on expertise and knowhow, but most importantly trust.
.jpg?width=600&height=400&name=20240604-2-8%20(1).jpg)
