A major concern is data protection. Previously unregulated data utilisation has grown more challenging as a result of legislation protecting personal data, such as GDPR and CCPA. Additionally, according to Gartner’s forecast, 60% of major enterprises will employ at least one PEC approach in analytics, business intelligence, and/or cloud computing by 2025.
Acompany is a startup that was established in 2018 by student business owners. The business became involved in blockchain technology before finding SMPC. Since there was no practical level open source SMPC at the time, the company decided to create QuickMPC on its own. Two client libraries and the QuickMPC engine have now been made available by the company.
Takeharu Kondo, CTO of the firm, comments on the release “In 2019, researchers were the primary users of the majority of secure computing engines’ open source software. So we separately created QuickMPC with success. We have now made it available as open source software.” Acompany will spread PEC from Japan to the rest of the world within the upcoming several years.