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USEncryption - Pitch Deck

Pitch deck for USEncryption, a member of the 2020 FinTech Innovation Lab cohort.

SUPPORTED BY THE NATIONAL SCIENCE FOUNDATION CONFIDENTIAL 1

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ENCRYPTION IS THE MAIN DEFENSE TO SECURE ALL TYPES OF DATA: • DATA AT REST ✓ • DATA IN TRANSIT ✓ • DATA IN USE x CONFIDENTIAL 4

USENCRYPTION HAS A NEW APPROACH • USE REVERSIBLE COMPUTING TO OBFUSCATE A COMBINATION OF BARE FUNCTIONS AND ENCRYPTION/DECRYPTION OPERATORS • REBUILD EVERY FUNCTION ONCE FOR A GIVEN ENCRYPTION KEY, THEN OPERATE AS MANY TIMES AS DESIRED • CAN APPLY TO ANY ENCRYPTION METHOD E.G. BLOCK CIPHERS CONFIDENTIAL 5

ENCRYPTED DATA AS A SERVICE (EDaaS) • USE CONFIDENTIAL DATA WHILE ENCRYPTED AND AS A SERVICE • DATA SHOULD NEVER BE DECRYPTED OR SHARED WITHOUT ENCRYPTION • OWNERSHIP SHOULD REMAIN WITH DATA/ALGORITHM OWNERS, WHO SHOULD BE ABLE TO CONTROL HOW THEIR DATA/ALGORITHM GETS USED AND REVOKE ACCESS WHENEVER THEY CHOOSE CONFIDENTIAL 6

EDaaS: Controller USEncrypt D.O. 1 lib 1 D.O. 1 lib 2 D.O. 2 lib 3 D.O. 3 lib 4 import usencrypt [D.O. # lib #] < > Serverless Functions Encrypted Data Storage D.O. 3 User 3 D.O. 2 User 2 Data Owners D.O. 1 Data Users User 1 CONFIDENTIAL 7

POTENTIAL USE CASES IMPROVE THE ACCURACY OF CONSUMER OR CORPORATE CREDIT RATINGS USING CONFIDENTIAL DATA FROM EXTERNAL SOURCES TRADERS CAN BENEFIT FROM CONFIDENTIAL RISK ASSESSMENT ALGORITHMS OF THEIR PRIME BROKERS AML PROCESSES INVOLVING SEVERAL FINANCIAL INSTITUTIONS CONFIDENTIAL 8

COMPETITIVE LANDSCAPE tybiliity iabil easfus security CONFIDENTIAL 9

BIOGRAPHIES Dr. Claudio Chamon is Professor of Physics at Boston University. He received a B.S. in Aeronautics and Astronautics, an M.S. in Electrical Engineering and Computer Science, and a Ph.D. in Physics from the Massachusetts Institute of Technology (MIT). Recently, he received the Sloan and Simons Fellowships, was a Visiting Fellow at Trinity College, University of Cambridge, and was a Visiting Professor at ETH Zurich. He is an elected Fellow of the American Physical Society, has made important contributions to the fields of condensed matter physics, and has given invited talks at numerous conferences including two Nobel Symposia. physics.bu.edu/~chamon Dr. Eduardo Mucciolo is Professor of Physics and Chair of the Physics Department at the University of Central Florida (UCF), and a Fellow of the American Physical Society. His areas of expertise are condensed matter physics and quantum information science. He received his PhD in Physics from the Massachusetts Institute of Technology (MIT) in 1994 and spent two years as a Postdoc Research Fellow at NORDITA in Denmark. He then became a faculty member in the Department of Physics at Pontificia Universidade Catolica (PUC-RJ) in Brazil between 1996 and 2002, and joined UCF in 2004 after a sabbatical leave at Duke University. physics.ucf.edu/~mucciolo Leandro Veltri is an experienced executive and entrepreneur in finance and technology. He holds an MBA from Stanford University, the CFA charter and a Bachelor’s and Master’s degrees in Electrical Engineering from the Massachusetts Institute of Technology (MIT). Leandro was recently Director of Operations for e-commerce consulting firm e2y ltd, CEO of online video distribution start-up GluhTV, and Managing Director, Head of Equities for JPMorgan Private Bank, EMEA and Asia, where he managed a team of 20 people in London and Hong Kong recommending and trading equity investments. He started his career as a Consultant and Financial Applications Developer at Oracle. www.linkedin.com/in/leandro-veltri CONFIDENTIAL 10

ENCRYPTED DATA IN USE SUPPORTED BY THE NATIONAL SCIENCE FOUNDATION CONFIDENTIAL 11