Definition ∞ Multiparty security refers to cryptographic protocols that allow multiple parties to jointly perform computations on their private data without revealing that data to each other. These protocols ensure that individual data remains confidential while enabling collaborative analysis or computation. Such techniques are vital for secure data sharing and joint decision-making in sensitive environments.
Context ∞ Multiparty security protocols are gaining prominence in the development of privacy-preserving blockchain solutions and decentralized applications that require secure data aggregation. Current discussions often address the scalability limitations of these protocols, their computational complexity, and their application in areas like decentralized identity management and secure multi-party computation for financial data analysis.
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