The United States and the United Kingdom today announced plans to collaborate on bilateral innovation prize challenges focused on advancing privacy-enhancing technologies (PETs). This emerging group of technologies present an important opportunity to harness the power of data in a manner that protects privacy and intellectual property, enabling cross-border and cross-sector collaboration to solve shared challenges.
Announced during the Summit for Democracy, as part of a series of International Grand Challenges on Democracy-Affirming Technologies, the prize challenges will take place during the Summit’s “year of action,” accelerating work to overcome technical gaps and adoption challenges related to PETs. By bringing together top minds from both countries on building viable solutions, the prize challenges will aim to help mature and facilitate adoption of these promising technologies.
PETs are already being used to tackle a range of societal challenges – from financial crime to Covid-19 – to enable data use in ways that preserve privacy. The prize challenges will build on the extensive innovation in these technologies that is already taking place in both countries across academia, industry, and government. The joint effort will reinforce the democratic principles enshrined in the New Atlantic Charter and illustrate both nations’ commitment to working together to address critical transnational challenges.