Silicon Valley College Secure Multi Party Computation Discussion

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User Generated

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ivanl558

Subject

Computer Science

School

Silicon Valley College

Question Description

I’m stuck on a Computer Science question and need an explanation.

we explored the concept of Tokenization. Three important protocols discussed were Secure Multi-Party Computation (SMPC), Policy-Backed Token (PBT) and Open Asset Protocol (OAP). Compare and contrast these three protocols and explain which industries can benefit the most from each of these protocols.

Tags: cryptographic protocol systems blockchain

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Explanation & Answer

Attached.

Running Head: PROTOCOLS

1

Protocols
Student’s Name:
Institution affiliation

PROTOCOLS

2

Secure Multi-Party Computation is a cryptographic protocol that enables computation in
different parties without exposing data of the connected systems to each party within the
calculation. Policy-Backed Token entails blockchain units of value pegged to real-world assets
(Yao et al., 2019, March). On the other hand, Open Asset Protocol is a robust protocol built on top
of the bitcoin blockchain. Many similarities exist between the three protocols (Das, 2018, January).
One of these similarities is that they all aim at connecting different parties and allow the effective
sharing...

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Purdue University

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