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Do you have the skills to build a strong case of what it takes to bring novel ICT concepts to market? Are you interested in the combination of finance and ICT? Join us in the challenge of developing a business case for secure multi-party computation!
Information exchange in modern societies are characterized by two conflicting needs. On one hand, sharing information is necessary to unlock the full potential of today’s data analysis algorithms, with companies and public authorities striving for increased collaboration. On the other hand, privacy preservation and confidentiality are becoming increasingly prominent.
Cryptography can play an important role in harmonizing these two conflicting needs. In particular, a set of advanced cryptographic tools known as Secure Multi-Party Computation (MPC) directly tackles the issue of obtaining valuable information from private inputs. More precisely, if two or more parties hold private input and they wish to jointly evaluate a function on these inputs, MPC allows them to cooperate and obtain the function output while nobody will learn anything more than his/her own private input and the output of the function. Thus valuable knowledge is extracted from the input data, and remains private.
While the concept of MPC dates back to the 1980s, MPC protocols have only recently become efficient enough to be implemented as proof-of-concepts and pilots [1,2]. As a result, the financial aspects of MPC have remained largely out of scope in most discussions. The question that arises with the maturing applicability of MPC protocols is whether it is possible to make a good business case for the MPC protocols. More specifically:
Do the benefits of joint analysis outweigh the costs of secure collaboration?
This is the question you will seek an answer for. Together with our experts of the Strategic Business Analysis and the Cyber Security and Robustness departments, you will develop a model that can be used to analyze the financial costs and benefits of MPC applications. Additionally, you will test your model in real-life settings by analyzing a business case for one or more partners of TNO.
Then please feel free to apply on this vacancy! For further questions don’t hesitate to contact us.
Contact: Virag Szijjarto
Phone number: +31 (0)629442418