FHE holds significant promise for a number of use cases such as extracting value from private data; data set intersection ; genomics analytics; oblivious queries (i.e. querying without revealing intent) and secure outsourcing.

FHE is particularly suited to industries which are regulated and make use of private, confidential and “crown jewel” data, such as finance and healthcare, since the technology can make it possible to share financial information or patient health records broadly while restricting access to all but the necessary data.