Partisia Market Design is a commercial spin-off from internationally ground-breaking research projects 
Partisia Market Design was established in 2008 as a commercial spin-off from two research projects: Secure Computation, Economy and Trust starting in 2004 and Secure Information Management and Processing (SIMAP) starting in 2006. Both projects were funded by the Danish Council for Strategic Research.

Theoreticals Ideals Meets Practical Implementation

The tools provided by secure multiparty computation provide perfect ways to implement basic economic ideals.

The economic perspective

The so-called revelation principle has become a cornerstone in economics. The principle states that it is at least as good as any economic mechanism to rely on direct revelation where the parties involved tell the truth to an impartial mediator or social planner that use the revealed information in the best interest of the parties. Implementing such a planner in a secure and trustworthy way has always been a challenge.

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The cryptographic perspective

In theoretic cryptography the research topic secure multiparty computation (SMC) has for many years been motivated by reference to practical problems where a so-called trusted third party is required. This is because SMC exactly realizes a trusted third party in a provably secure way. So, while the trusted social planner has been a common construct in economics for decades, the modelling of such an ideal trusted social planner has likewise been a challenge in computer science for decades. Via a dedicated focus on applications, the research projects mentioned above have resulted in the first large-scale application of secure multiparty computation.

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