Privacy Preserving Computation in Home Loans Using the FRESCO Framework

Paper

Chan, Fook Mun, Xu, Quanqing, Seah, Hao Jian, Keoh, Sye Loong, Tang, Zhaohui and Aung, Khin Mi Mi. 2019. "Privacy Preserving Computation in Home Loans Using the FRESCO Framework." Kacprzyk, Janusz (ed.) 2018 Future of Information and Communication Conference (FICC 2018). Singapore 05 - 06 Apr 2018 Switzerland. https://doi.org/10.1007/978-3-030-03405-4_7

Paper/Presentation Title	Privacy Preserving Computation in Home Loans Using the FRESCO Framework
Presentation Type	Paper
Authors	Chan, Fook Mun (Author), Xu, Quanqing (Author), Seah, Hao Jian (Author), Keoh, Sye Loong (Author), Tang, Zhaohui (Author) and Aung, Khin Mi Mi (Author)
Editors	Kacprzyk, Janusz
Journal or Proceedings Title	Advances in Information and Communication Networks: Proceedings of the 2018 Future of Information and Communication Conference (FICC)
Journal Citation	2, pp. 90-107
Number of Pages	18
Year	2019
Place of Publication	Switzerland
ISBN	9783030034047
	9783030034054
Digital Object Identifier (DOI)	https://doi.org/10.1007/978-3-030-03405-4_7
Web Address (URL) of Paper	https://link.springer.com/chapter/10.1007/978-3-030-03405-4_7
Web Address (URL) of Conference Proceedings	https://link.springer.com/book/10.1007/978-3-030-03405-4
Conference/Event	2018 Future of Information and Communication Conference (FICC 2018)
Event Details	2018 Future of Information and Communication Conference (FICC 2018) Event Date 05 to end of 06 Apr 2018 Event Location Singapore
Abstract	Secure Multiparty Computation (SMC) is a subfield of cryptography that allows multiple parties to compute jointly on a function without revealing their inputs to others. The technology is able to solve potential privacy issues that arises when a trusted third party is involved, like a server. This paper aims to evaluate implementations of Secure Multiparty Computation and its viability for practical use. The paper also seeks to understand and state the challenges and concepts of Secure Multiparty Computation through the construction of a home loan calculation application. Encryption over Multi Party Computation (MPC) is done within 2 to 2.5 s. Up to 10 K addition operations, MPC system performs very well and most applications will be sufficient within 10K additions.
Keywords	Privacy; Secure multiparty computation; FRamework for Efficient Secure COmputation (FRESCO)
Contains Sensitive Content	Does not contain sensitive content
ANZSRC Field of Research 2020	469999. Other information and computing sciences not elsewhere classified
Public Notes	Files associated with this item cannot be displayed due to copyright restrictions.
Byline Affiliations	Data Storage Institute, Singapore
	University of Glasgow, United Kingdom
	Singapore Institute of Technology
Institution of Origin	University of Southern Queensland

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