Promotes information-sharing between companies, a previous
privacy issue
Fujitsu Laboratories Ltd. announced development of the
world's first homomorphic encryption(1) technology that enables statistical
calculations and biometric authentication to be performed on encrypted data —
without having to decrypt it — at high speeds.
As cloud-based data has grown increasingly prevalent, data
protection has become a critical issue, and homomorphic encryption, which
allows mathematical processes to be performed on data in its encrypted state,
has gained attention. Existing homomorphic encryption methods, however, use bit
-by-bit encryption, which slows down processing times, making practical
application of it problematic.