Macnica begins offering data privacy protection technology "TripleBlind" - Innovative secure calculation solution helps businesses balance data utilization and privacy protection -

Macnica (Headquarters: Yokohama City, Kanagawa Prefecture, President: Kazumasa Hara, hereinafter referred to as Macnica), a total Services & Solutions provider in semiconductors, networks, cybersecurity, and AI/IoT, is a company that allows calculations to be performed while data is encrypted. We are pleased to announce today that we have entered into a sales partnership with TripleBlind Inc. (Headquarters: Missouri, USA, Co-founder & CEO: Riddhiman Das, hereinafter referred to as "TripleBlind"), a leading company in secure computing technology. This will support the promotion of data utilization between companies, which has been difficult to achieve until now, as well as the balance between privacy protection and compliance compliance.

■ Issues in data provision and sharing in data utilization between companies
In recent years, data has become the source of corporate competitiveness in many companies and organizations, and the amount of data circulated not only within a company but also between companies is increasing. For example, in the financial industry, attention is focused on investment strategy planning and risk management using transaction data provided by other companies (securities companies and exchanges).
On the other hand, depending on the characteristics of the data to be handled, confirmation and countermeasures against various bills such as the Personal Information Protection Law and the Unfair Competition Prevention Law may be necessary. In addition, there is a current situation where joint analysis of data across the company is not progressing due to concerns such as misappropriation of data for other purposes, horizontal expansion, and leakage.

<Issues that hinder data distribution ^*1＞
・Usage for purposes other than the purpose of resuming provision (diversion)
・Horizontal deployment to conflicts of confidential information and intellectual property
・Anxiety about data/privacy governance of data providers
・Concern about invasion of privacy

■ TripleBlind Secure Computing Technology
TripleBlind develops and provides proprietary secure computing technology with multiple patents for enterprise data privacy and security protection. Unlike conventional technologies and encryption methods that encrypted the data itself and communicated, this technology does not allow the data owner to output "raw data" from the firewall, and the data user to the outside of the firewall. High performance, security, and usability can be provided through 'virtual data exchanges' that share data securely without exposing the 'algorithm'. As a result, while complying with the latest regulatory standards such as Japan's Personal Information Protection Act and the European Union's General Data Protection Regulation (GDPR), regulated data such as personal information and medical information, as well as health records and banking transactions, can be stored. Securely share, use, and commercialize sensitive data.
In this way, TripleBlind will contribute to a prosperous society by connecting data owners and data users, who have been unable to collaborate due to legal restrictions and risks, and supporting the creation of new businesses.

<Mechanism of TripleBlind “virtual data exchange”>

■ Examples of overseas introduction
TripleBlind's technology is widely used by overseas companies, including the medical and financial industries. For example, the Mayo Clinic, a major non-profit medical institution in the United States, uses TripleBlind technology to securely share and analyze patient data with other hospitals and research and development institutions to develop more effective treatment methods. and contribute to the development of diagnostic methods. ^*2In addition, in the financial industry, there are cases where it has become possible to strengthen countermeasures through cross-border data sharing and AI analysis, such as detection of fraudulent claims and anti-money laundering.

<Examples of overseas introduction of TripleBlind>

Macnica At TripleBlind, we have a lineup of solutions to promote data utilization, including Splunk (data analysis platform), Databricks (lake house platform), and brighter AI (next-generation anonymous processing technology), to create an environment that meets the needs and challenges of our customers. In addition to the above, TripleBlind's solutions will strengthen security/privacy protection and further support corporate data utilization.

*1: Created Macnica based on Cabinet Office Intellectual Property Strategy Promotion Secretariat “Implementation Guidance for Data Handling Rules on Platforms ver. 1.0”
https://cio.go.jp/sites/default/files/uploads/documents/digital/20220304_policies_data_strategy_outline_01.pdf

*2：TripleBlind Inc.「TripleBlind Collaborates with Mayo Clinic Platform To De-Identify Patient Data, Strengthen Privacy, and Improve Global Health Care Outcomes」
https://tripleblind.com/press-release/tripleblind-collaborates-with-mayo-clinic-platform-to-de-identify-patient-data-strengthen-privacy-and-improve-global-health-care-outcomes/

[Click here for product details]
https://www.macnica.co.jp/business/dx/manufacturers/tripleblind/

[Click here for product inquiries]
In charge of Macnica TripleBlind
TEL: 045-476-2010
E-mail: tripleblind-sales@macnica.co.jp

*Company names and product names mentioned in this text are trademarks or registered trademarks of Macnica and each company.
*The information published in the news release (including product price, specifications, etc.) is current as of the date of announcement. Please note that the information may be subject to change without prior notice.