ALEXANDRIA, Va., Oct. 8 -- United States Patent no. 12,438,703, issued on Oct. 7, was assigned to Alipay (Hangzhou) Information Technology Co. Ltd. (Hangzhou, China).

"Secure multi-party computation methods, apparatuses, and systems" was invented by Yufei Lu (Hangzhou, China), Lei Wang (Hangzhou, China), Chaofan Yu (Hangzhou, China) and Jin Tan (Hangzhou, China).

According to the abstract* released by the U.S. Patent & Trademark Office: "Embodiments of this specification provide computer-implemented methods, apparatuses, computer-readable media, and systems for secure multi-party computation. In an example secure multi-party computation method, a first party encrypts a first plaintext segment of target data by using a homomorphic encrypti...