A Permissioned Blockchain System for Secure Multiparty Computation

Abstract

Abstract Permissioned blockchain is the blockchain network that requires access to be part of the network. Participant’s actions are governed by the control layer that runs on top of the blockchain. This type of blockchains is preferred by individuals who need role description, identity, and security within the blockchain. Secure multi-party computation (MPC) is a part of cryptography that involves the modeling of procedures for two or more participants who want to work together. These participants involve sharing of input and required computational data for a particular function without sharing their confidential data actively to each other and achieving a common goal which is beneficial to both as the outcome achieved is only revealed to the participants and is highly required for their functional purpose. In this work, SPDZ (Speedz) implementation is explored leveraging additive secret sharing on the private blockchain (Hyperledger fabric). SPDZ protocol is chosen over any other computational protocol as it is highly secured from any active deceptive n-1 participant among the n participants. In this work, a backend is developed that uses a fabric SDK node.js library that interacts with the Hyperledger Fabric network. The proposed solution is shown through a demonstration. This paper concludes that for business-to-business scenarios, using SPDZ protocol on permissioned blockchain provides more security against adversaries as permissioned blockchain provides transparency over the participants of the network. As a result, permissioned blockchain is a more secure choice for enterprises to compute confidential data rather than permissionless blockchain.