We were excited to see TripleBlind was included with other “Think outside the box” solutions in an article by John Halamka, M.D., president of Mayo Clinic Platform. The full article explores how data can be compliantly exchanged through TripleBlind’s cryptographic approach, and how once shared via TripleBlind’s one-way encryption, healthcare information remains private and cannot be reconstructed.
As a thought leader surrounding all things pertaining to sharing healthcare data, John notes that TripleBlind “allows Mayo Clinic to test its algorithms using another organization’s data without either party losing control of its assets.”
We agree with John 100% that the “magic” is “always about the math,” which is why TripleBlind’s solution has been mathematically tested and proven to keep data private. This market differentiator is a good example of why TripleBlind’s market traction is accelerating.
Check out an excerpt from John’s full article below, and read the full article here: https://bit.ly/3nDabNh
At Mayo Clinic Platform, we are deploying TripleBlind’s services to facilitate sharing data with our many external partners. It allows Mayo Clinic to test its algorithms using another organization’s data without either party losing control of its assets. Similarly, we can test an algorithm from one of our academic or commercial partners with Mayo Clinic data, or test an outside organization’s data with another outside organization’s data.
How is this “magic” performed? Of course, it’s always about the math. TripleBlind allows the use of distributed data that is accessed but never moved or revealed; it always remains one-way encrypted with no decryption possible. TripleBlind’s novel cryptographic approaches can operate on any type of data (structured or unstructured images, text, voice, video), and perform any operation, including training of and inferring from AI and ML algorithms. An organization’s data remains fully encrypted throughout the transaction, which means that a third party never sees the raw data because it is stored behind the data owner organization’s firewall. In fact, there is no decryption key available, ever. When two health care organizations partner to share data, for instance, TripleBlind software de-identifies their data via one-way encryption; then, both partners access each other’s one-way encrypted data through an Application Programming Interface (API). That means each partner can use the other’s data for training an algorithm, for example, which in turn allows them to generate a more generalizable, less biased algorithm. During a recent conversation with Riddhiman Das, CEO for TripleBlind, he explained:
“To build robust algorithms, you want to be able to access diverse training data so that your model is accurate and can generalize to many types of data. Historically, health care organizations have had to send their data to one another to accomplish this goal, which creates unacceptable risks. TripleBlind performs one-way encryption from both interacting organizations, and because there is no decryption possible, you cannot reconstruct the data. In addition, the data can only be used by an algorithm for the specific purpose spelled out in the business agreement.”