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Centralized spectrum management is one of the key dynamic spectrum access (DSA) mechanisms proposed to govern the spectrum sharing between government incumbent users (IUs) and commercial secondary users (SUs). In the current centralized DSA designs, the operation data of both government IUs and commercial SUs needs to be shared with a central server. However, the operation data of government IUs is often classified information and the SU operation data may also be commercial secret. The current system design dissatisfies the privacy requirement of both IUs and SUs since the central server is not necessarily trust-worthy for holding such sensitive operation data. To address the privacy issue, this paper presents a privacy-preserving centralized DSA system (P²-SAS), which realizes the complex spectrum allocation process of DSA through efficient secure multi-party computation. In P²-SAS, none …