Company
Date Published
Author
Michael Hughes
Word count
667
Language
English
Hacker News points
None

Summary

Privacy Enhancing Technologies (PETs) are experiencing rapid growth and adoption, as evidenced by recent PETs Summits in Zurich and Boston where industry professionals, including regulators and data officers, discussed their evolution and application. These technologies are being integrated into various sectors to facilitate data sharing while ensuring privacy and compliance with regulations, enabling collaborations that were previously not possible. Examples include genetic and clinical data integration in healthcare, faster virus outbreak detection through public-private partnerships, targeted advertising without third-party cookies, and fraud reduction in banking. The market is evolving with increased understanding and dialogue among regulators, legislators, and technology vendors, overcoming regulatory barriers and misconceptions, leading to more concrete use cases and solutions. This cooperative environment, exemplified by Duality Technologies' involvement, is fostering an exciting era of privacy-enhanced data collaboration with significant technological and societal implications.