UC-Secure Multiparty Computation from One-Way Functions Using Stateless Tokens

We revisit the problem of universally composable (UC) secure multiparty computation in the stateless hardware token model. We construct a three round multi-party computation protocol for general functions based on one-way functions where each party sends two tokens to every other party. Relaxing to the two-party case, we also construct a two round protocol based on one-way functions where each party sends a single token to the other party, and at the end of the protocol, both parties learn the output.One of the key components in the above constructions is a new two-round oblivious transfer protocol based on one-way functions using only one token, which can be reused an unbounded polynomial number of times. All prior constructions required either stronger complexity assumptions, or larger number of rounds, or a larger number of tokens