"Financial designs utilizing homomorphic encryption and multiparty computation"
We emphasize here that encryption is a way to implement optimized solutions to bilateral and multi-agent mechanism design problems - especially as it enables several implementations of the "mythical central planner" in mechanism design literature.
LEAD's Pr. Townsend and Nicolas Zhang's proposal for the IMF, with Tobias Adrian, Tommaso Mancini-Griffoli, Federico Grinberg
Motivation: the fragmentation of payment systems, and lack of international monetary anchoring. This proposal is just the first step in a broader agenda currently being worked on - please feel free to reach out for collaboration!