FHE is interesting but very early.
To me, who is involved in related fields but not FHE directly, it seems like practical FHE is probably 15 or more years away, even for niche use cases.
MPC - Multi-Party Computations. To protect your data and algorithms, you split data and code between multiple parties in special way that prevents them from knowing what exactly was computed.
https://en.wikipedia.org/wiki/Software_Guard_Extensions
https://en.wikipedia.org/wiki/Secure_multi-party_computation
Ultimately, they end up being very niche use cases that are part of a broader security strategy- we are very far away from having this be practical enough for general use cases. Deployment are also difficult because they require client side changes to adapt to the underlying cryptographic protocols.
At my place of employment, we believe the right approach is a combination of locked down execution environments (see: keystone enclave) + webassembly that expose what is effectively a compiler to choose the right cryptographic computation paths based on query planner (similar technologies that power database query engines). It’s not a one-size fits all, but there are ways that you can optimize down to a fully homomorphic operation _for a particular computational path_. If this stuff is interesting to you, we are hiring :)!
https://www.darkreading.com/threat-intelligence/major-brazil...