Xi Chen from NYU Stern gave a talk at MBZUAI on digital privacy in personalized pricing using differential privacy. The talk also covered research in Web3 and decentralized finance, including delta hedging liquidity positions on Uniswap V3. Chen highlighted open problems in decentralized finance during the presentation. Why it matters: The talk suggests MBZUAI's interest in exploring the intersection of AI, privacy, and blockchain technologies, reflecting growing trends in data protection and decentralized systems.
This paper introduces DaringFed, a novel dynamic Bayesian persuasion pricing mechanism for online federated learning (OFL) that addresses the challenge of two-sided incomplete information (TII) regarding resources. It formulates the interaction between the server and clients as a dynamic signaling and pricing allocation problem within a Bayesian persuasion game, demonstrating the existence of a unique Bayesian persuasion Nash equilibrium. Evaluations on real and synthetic datasets demonstrate that DaringFed optimizes accuracy and convergence speed and improves the server's utility.
Conor McMenamin from Universitat Pompeu Fabra presented a seminar on State Machine Replication (SMR) without honest participants. The talk covered the limitations of current SMR protocols and introduced the ByRa model, a framework for player characterization free of honest participants. He then described FAIRSICAL, a sandbox SMR protocol, and discussed how the ideas could be extended to real-world protocols, with a focus on blockchains and cryptocurrencies. Why it matters: This research on SMR protocols and their incentive compatibility could lead to more robust and secure blockchain technologies in the region.
Dr. Abdelrahman AlMahmoud from TII's Secure Systems Research Center (SSRC) will participate in a WGISTA webinar on adopting a digital mindset in auditing and fighting corruption. The webinar, organized by the International Organization of Supreme Audit Institutions (INTOSAI), will discuss the impact of emerging technologies on public sector auditing. Dr. AlMahmoud will share insights on how AI and Big Data can enable auditors to process data at a new scale. Why it matters: This highlights the UAE's growing role in applying advanced technologies like AI and big data to improve governance and accountability in the public sector.