Privacy-enhancing technologies like multi-party computation are important building blocks of a data economy. Technological issues and impacts on user privacy are well-studied. But what are the business considerations? In the paper, the colleagues from TU Delft look at capabilities, risks, costs and business value of privacy-enhancing technologies. These are illustrated in a case of data sharing in telecom.
The paper, written by Hosea Ofe, Harm Minnema and Mark de Reuver in Safe-DEED and TRUSTS, aims to propose a framework for how privacy-preserving technologies (PETs) create business value for organizations. The framework was developed by examining the literature on privacy and information technology’s impact (symbolic and function). The authors evaluate the framework’s applicability using multiparty computation (MPC) as an instance of PETs, with expert interviews in the telecommunication industry.