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"Our patented invention has the potential to pave the way for more secure cloud computing services—without having to decrypt or reveal original data," said Gentry in a statement. "Fully homomorphic encryption will enable companies to confidently share data and more easily and quickly overcome challenges or take advantage of emerging opportunities."
it will reveal the same detailed results as if the original data was completely visible
mirageofdeceit
Example: www.asciitohex.com...
BASE64:
SWYgSSB0eXBlIHRvIHlvdSBpbiBwbGFpbiB0ZXh0LCB0aGVuIGNvbnZlcnQgaXQgdG8gQkFTRTY0LCB0aGUgTUVBTklORyBvZiB0aGUgZGF0YSBpcyBtYWludGFpbmVkLg==
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4C/5MQn6ayNZywyMPh0hvZWVo5DjfkNBqOe/E0RxeikZIQcoBRK9x9zvKF9hYzimw3pUOYOa
q3wainosOebBA0p3uCjicoGSGOIG+sM0f2e1pwxUxnWI3M2Fd5p3DEZwug5OyEgBccg+oJum
kF6y0Z2cbZTInP32Iy4v2nHW8c9u3cwo5cQTBSBlks8twVu1xXAJN6wY8mtnFYjeSJJ03mS5
zp4IQzG1hz9PsSFkAAIkumW0TzN8o7Yeec/UrNpL9qxKV9zsqyQii+Y6cRSCG0AZx2k0yGhq
NNh8xobwGfhafhlZTnCzGUQ2OKcgHslDUHYZSbb5oQ5tcs8XceFUFcy0GkK/RRztZVaC50Lo
1n3kpTW6LXKh6tswCoF0+M2z.
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Craig Gentry using lattice-based cryptography showed the first fully homomorphic encryption scheme as announced by IBM on June 25, 2009
mirageofdeceit
reply to post by FarleyWayne
If I increase every alternate 10th and 12th bit by 1 in my encoded text, then decoded it, I would get the next character in the decoded character set. If I did that to your cipher text, I'd break it completely.
This is a desirable feature in modern communication system architectures. Homomorphic encryption would allow the chaining together of different services without exposing the data to each of those services, for example a chain of different services from different companies could 1) calculate the tax 2) the currency exchange rate 3) shipping, on a transaction without exposing the unencrypted data to each of those services.