US Patent Issued to Soda Bubble Labs on April 14 for "Garbling scheme-based secure multi-party computation (MPC)" (Israeli Inventors)

ALEXANDRIA, Va., April 15 -- United States Patent no. 12,603,757, issued on April 14, was assigned to Soda Bubble Labs LTD (Bnei Brak, Israel).

"Garbling scheme-based secure multi-party computation (MPC)" was invented by Avishay Yanai (Petach Tikva, Israel) and Meital Levy (Oranit, Israel).

According to the abstract* released by the U.S. Patent & Trademark Office: "A novel secure multi-party computation (MPC) protocol that uses a cryptographic primitive known as a garbling scheme is provided. In certain embodiments, this protocol enables a set of N parties (such as nodes in a blockchain network) to execute an arbitrary function (such as a smart contract method) on confidential data, without revealing that confidential data to the parties....