FL system considerations
This section mainly focuses on the multi-party computation aspects of FL, including theoretical security measures and full decentralization approaches. The goal of this section is for you to be aware of some of the more practical considerations that should be taken into account for practical FL applications.
Security for FL systems
Despite the nascency of the technology, experimental usage of FL has emerged in a few sectors. Specifically, anti-money laundering (AML) in the financial industry and drug discovery and diagnosis in the medical industry have seen promising results, as proofs of concepts in those fields have been successfully conducted by companies such as Consilient and Owkin. In AML use cases, banks can cooperate with one another to identify fraudulent transactions efficiently without sharing their account data; and hospitals can keep their patient data to themselves while improving ML models for detecting health issues.
These solutions...
