Secure Multi-Party Computation for Collaborative Data Analysis

Abstract

A potent cryptographic mechanism called Secure Multi-Party Computation (SMPC) has evolved that allows numerous participants to work together and execute data analytic tasks while maintaining the privacy and secrecy of their individual data. In several fields, like healthcare, finance, and the social sciences, where numerous stakeholders must exchange and evaluate sensitive information without disclosing it to others, collaborative data analysis is becoming more and more common. This study gives a thorough investigation of SMPC for group data analysis. The main goal is to give a thorough understanding of the SMPC’s guiding ideas, protocols, and applications while stressing the advantages and difficulties it presents for fostering safe cooperation among various data owners. In summary, this study offers a thorough and current examination of Secure Multi-Party Computation for Collaborative Data examination. It provides a thorough grasp of the SMPC deployment issues as well as the underlying ideas, protocols, and applications. The goal of the article is to function as a useful resource for researchers, professionals, and decision-makers interested in using SMPC to facilitate group data analysis while protecting confidentiality and privacy.