China’s Ant Group announced that its proprietary AntChain enterprise blockchain now supports confidential computing, its FAIR offering, and it has also developed its own blockchain powered computer chip, the T1.
AntChain now integrates confidential computing solutions, including Multi Party Computation (MPC), enabling multiple companies to extract analysis across their data without sharing the source data. For example, it could be used to calculate industry averages.
In that instance, individual company data would be encrypted and sent to a ringfenced chipset where the calculations are made in an environment similar to a black box.
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