Evidence Hub

Breaking data silos with Federated Learning

DELGADO FERNANDEZ, Joaquin

Open Repository and Bibliography (University of Luxembourg), 2023

Abstract

Federated learning has been recognized as a promising technology with the potential to revolutionize the field of Artificial Intelligence (AI). By leveraging its decentralized nature, it has the potential to overcome known barriers to AI, such as data acquisition and privacy, paving the way for unprecedented advances in AI. This dissertation argues the benefits of this technology as a catalyst for the irruption of AI both in the public and private sector. Federated learning promotes cooperation among otherwise competitive entities by enabling cooperative efforts to achieve a common goal. In this dissertation, I investigate the goodness-of-fit of this technology in several contexts, with a focus on its application in power systems, financial institutions, and public administrations. The dissertation comprises five papers that investigate various aspects of federated learning in the aforementioned contexts. In particular, the first two papers explore promising venues in the energy sector, where federated learning offers a compelling solution to privately exploit the vast amounts of data and decentralized ownership of data by consumers. The third paper elaborates on another paradigmatic example, in which federated learning is used to foster cooperation among financial institutions to produce accurate credit risk models. The fourth paper makes a juxtaposition with the previous ones centered on the private sector. It elaborates on the use cases of federated learning for public…

Read the paper

Related studies

Go deeper in Evidence Hub

Evidence Hub adds a study data sheet (design, sample size, evidence level, key numbers), an AI summary and a chat grounded in the paper's text.

Open this study Sign up free