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The venture capital firm funded by Google is building up its data sciences team to increase the capabilities inside its companies and to look for new investments in the area. The firm is extending a thesis that was developed inside Google about finding patterns in big collections of data, which it hopes will work in other industries.

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Sparrowvsrevolution writes "CryptDB, a piece of database software that MIT researchers presented at the Symposium on Operating System Principles in October, allows users to send queries to an encrypted SQL database and get results without decrypting the stored information. CryptDB works by nesting data in several layers of cryptography (PDF), each of which has a different key and allows a different kind of simple operation on encrypted data. It doesn't work with every kind of calculation, and it's not the first system to offer this sort of computation on encrypted data. But it may be the only practical one. A previous crypto scheme that allowed operations on encrypted data multiplied computing time by a factor of a trillion. This one adds only 15-26%."

Read more of this story at Slashdot.

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