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Federated unlearning is a promising paradigm for protecting the data ownership of distributed clients. It allows central servers to remove historical data effects within the machine learning model as well as address the "right to be…

Machine Learning · Computer Science 2024-01-30 Yijing Lin , Zhipeng Gao , Hongyang Du , Jinke Ren , Zhiqiang Xie , Dusit Niyato

Financial markets are undergoing an unprecedented transformation. Technological advances have brought major improvements to the operations of financial services. While these advances promote improved accessibility and convenience,…

Trading and Market Microstructure · Quantitative Finance 2023-12-05 Agostino Capponi , Garud Iyengar , Jay Sethuraman

Federated Leaning is an emerging approach to manage cooperation between a group of agents for the solution of Machine Learning tasks, with the goal of improving each agent's performance without disclosing any data. In this paper we present…

Machine Learning · Computer Science 2022-08-09 Gabriele Santin , Inna Skarbovsky , Fabiana Fournier , Bruno Lepri

Fraud across the decentralized finance (DeFi) ecosystem is growing, with victims losing billions to DeFi scams every year. However, there is a disconnect between the reported value of these scams and associated legal prosecutions. We use…

Cryptography and Security · Computer Science 2023-05-29 Arianna Trozze , Toby Davies , Bennett Kleinberg

The widespread adoption of smartphones and smart wearable devices has led to the widespread use of Centralized Federated Learning (CFL) for training powerful machine learning models while preserving data privacy. However, CFL faces…

Machine Learning · Computer Science 2025-03-18 Chengyan Jiang , Jiamin Fan , Talal Halabi , Israat Haque

Federated Learning (FL) is a machine learning paradigm in which many clients cooperatively train a single centralized model while keeping their data private and decentralized. FL is commonly used in edge computing, which involves placing…

The increasing security and privacy concerns in the Smart Grid sector have led to a significant demand for robust intrusion detection systems within critical smart grid infrastructure. To address the challenges posed by privacy preservation…

Cryptography and Security · Computer Science 2025-01-10 Muhammad Akbar Husnoo , Adnan Anwar , Md Enamul Haque , A. N. Mahmood

Smart contracts are central to a myriad of critical blockchain applications, from financial transactions to supply chain management. However, their adoption is hindered by security vulnerabilities that can result in significant financial…

Cryptography and Security · Computer Science 2025-09-30 Dalila Ressi , Alvise Spanò , Lorenzo Benetollo , Carla Piazza , Michele Bugliesi , Sabina Rossi

Federated Learning (FL) is a decentralized machine learning approach that has gained attention for its potential to enable collaborative model training across clients while protecting data privacy, making it an attractive solution for the…

Decentralized Finance (DeFi) is increasingly studied and adopted for its potential to provide accessible and transparent financial services. Analyzing how investors use DeFi is important for reaching a better understanding of their usage…

Social and Information Networks · Computer Science 2024-08-23 Natkamon Tovanich , Célestin Coquidé , Rémy Cazabet

Decentralized Finance (DeFi) refers to financial services that are not necessarily related to crypto-currencies. By employing blockchain for security and integrity, DeFi creates new possibilities that attract retail and institution users,…

Cryptography and Security · Computer Science 2024-04-18 Krzysztof Gogol , Christian Killer , Malte Schlosser , Thomas Bocek , Burkhard Stiller , Claudio Tessone

Federated Learning is a decentralized framework that enables multiple clients to collaboratively train a machine learning model under the orchestration of a central server without sharing their local data. The centrality of this framework…

Federated machine learning (FL) allows to collectively train models on sensitive data as only the clients' models and not their training data need to be shared. However, despite the attention that research on FL has drawn, the concept still…

Cryptography and Security · Computer Science 2021-11-12 Timon Rückel , Johannes Sedlmeir , Peter Hofmann

Federated learning (FL) has emerged as a promising paradigm within edge computing (EC) systems, enabling numerous edge devices to collaboratively train artificial intelligence (AI) models while maintaining data privacy. To overcome the…

Machine Learning · Computer Science 2025-08-13 Yuze Liu , Tiehua Zhang , Zhishu Shen , Libing Wu , Shiping Chen , Jiong Jin

This study proposes an advanced Federated Learning (FL) framework designed to enhance data privacy and security in IoT environments by integrating Decentralized Attribute-Based Encryption (DABE), Homomorphic Encryption (HE), Secure…

Cryptography and Security · Computer Science 2024-10-29 Sathwik Narkedimilli , Amballa Venkata Sriram , Satvik Raghav

Decentralised Finance (DeFi) applications constitute an entire financial ecosystem deployed on blockchains. Such applications are based on complex protocols and incentive mechanisms whose financial safety is hard to determine. Besides,…

Software Engineering · Computer Science 2022-09-19 Massimo Bartoletti , James Chiang , Tommi Junttila , Alberto Lluch Lafuente , Massimiliano Mirelli , Andrea Vandin

Fraudulent transactions and how to detect them remain a significant problem for financial institutions around the world. The need for advanced fraud detection systems to safeguard assets and maintain customer trust is paramount for…

Machine Learning · Computer Science 2023-12-22 Tomisin Awosika , Raj Mani Shukla , Bernardi Pranggono

Given the increasing complexity of threats in smart cities, the changing environment, and the weakness of traditional security systems, which in most cases fail to detect serious threats such as zero-day attacks, the need for alternative…

Cryptography and Security · Computer Science 2021-02-26 Konstantinos Demertzis

With the deepening of the digitization degree of financial business, financial fraud presents more complex and hidden characteristics, which poses a severe challenge to the risk prevention and control ability of financial institutions. At…

Computational Engineering, Finance, and Science · Computer Science 2024-05-08 Xinye Sha

In Federated Deep Learning (FDL), multiple local enterprises are allowed to train a model jointly. Then, they submit their local updates to the central server, and the server aggregates the updates to create a global model. However, trained…

Cryptography and Security · Computer Science 2025-02-26 Reza Fotohi , Fereidoon Shams Aliee , Bahar Farahani