There’s a new buzzword at the moment that you may have heard about called “confidential computing”. You might be thinking about what this means for your business. Let’s take a look at the complexities.

What is confidential computing, you ask?
Confidentiality computing, in simple way, is a groundbreaking cloud computing technology that permits you to encrypt data while it’s being processed.

While it was possible before to encrypt data while it was being stored or transported however, it’s not possible to do so during its use. In the end, how will you manage with it?

What is the use of confidential computing?
As a bit of background information, the technology is being created by the Confidential Computing Consortium, which was created within The Linux Foundation and includes giants of the tech industry like Google, Intel, IBM/RedHat, Microsoft, Facebook and numerous others.

The primary goal of this new technology is to help users to move their sensitive information to cloud services like Google Cloud for instance. Data privacy and protection are of paramount importance as more businesses depend on public cloud services and public cloud services. It is therefore logical that protecting personal information should be the next step. Whether you choose an article source about confidential computing, look at this website.

What are the advantages of secure computing?
With the use of confidential computing it will provide a higher level of assurance provided to companies that data in the cloud is being protected and that it will remain confidential. Only authorized code for programming has access to the data, while everyone else including cloud providers will be unable to see it.

Cloud computing has another benefit customers can secure data without making code changes to their apps without compromising speed or performance.

What does it mean in real life? One major plus point of the new initiative is that companies can combine their data, without ever having access to each other’s information.

This could be an example: A retailer and credit card company would check transaction data for fraudulent transactions without divulging the personal information of customers. This is obviously not just a big tick for the retailer as well as the end user who can be confident that their personal information is not compromised while transacting online.

There are also other benefits of computing that are not solely for data security It can be utilized to safeguard intellectual property.

To safeguard algorithms, software and business logic, a Trusted Execution environment (TEE) is utilized. A trading platform, for instance, could be stored in a TEE. That means neither the algorithm or data used to trade would be shared.