Tuesday, June 11, 2013

Snowden Leak

There is a wealth of insight and information being published regarding the Snowden leak that relates directly to my thoughts on a new monetary system.

Math Programming website author made this post:  Why Theoretical Computer Scientists Aren't Worried About Privacy

"There are two facts which are well known in theoretical computer science that the general public is not aware of. The first is about the privacy of databases:
There is a way to mine information from a database without the ability to inspect individual entries in the database.
This is known as differential privacy. The second is no less magical:
There are secure encryption schemes which allow one to run programs on encrypted data and produce encrypted results, without the ability to decrypt the data.
This is known as fully homomorphic encryption."

These are two key factors applicable to the my digitized, serialized dollar monetary system.  It is like having your cake and eating it too.  Privacy is protected by all other related data is detached from that which is private.

Perhaps the broad general benefit of the Snowden leak is to educate the public regarding technical methods of both privacy invasion and protection.  In a greater sense: more knowledge about information engineering in our information society.

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