Why Homomorphic Encryption?
Homomorphic Encryption enables others to process your private data for you in a secure manner - your actual data is never disclosed to them.
1. Benefits
Less Waste
Previously individuals do not have enough compute resources to process their own data, now they can use other people's latent compute resource under the protection of homomorphic encryption.
More Insight
Previously it was difficult to combine data from different parties together in a private manner, now private data from all parties can be processed under the protection of homomorphic encryption.
More Impact
Previously data cannot be shared in a safe manner, now instead of disclosing the raw data, homomorphic encryption can be used to generate valuable results from data under its protection.
2. Team advantages over Cloud
Cloud Compute implementation of homomorphic encryption has a lot of problems.
Fake End-to-End
Cloud Compute (e.g. whatsapp etc.) falsely claims they provide end-to-end encryption when they do not - they are controlling BOTH the clients (with apps or devices) AND also the servers. Homomorphic encryption capabilities claimed by Cloud Compute have the same fallacy.
Team Compute delivers real end-to-end encryption by forbidding the use of a common provider for both client and server.
Business Conflict
Cloud Compute makes money by analysing you and influencing you. Pure compute power is so cheap nowadays, the most valuable part of Cloud Compute is your data, not their compute. What is the chance of them embracing homomorphic encryption beyond marketing hype ?
Team Compute is own by you, deployment of homomorphic encryption is 100% in your interest.
Data Specific
Cloud Compute homomorphic encryption (in fact all homomorphic encryption we know about) is highly application and data specific.
Team Compute is the first and only homomorphic encryption to work cross many different application and data.
Proofing Correctness
Cloud Compute encryption are NOT supposed to see or understand your inputs and outputs, it is extremely difficult to see whether their processing of your data have been correct.
Team Compute has built in error correction and detection.
Inference Attack
Cloud Compute engineers are so smart they can process transactions you have encrypted, what do you think they can do if you keeping using them with thousands more transactions for them to infer from ?
Team Compute prevents inference attack by design.