This is very interesting from an academic/theory point of view.
There currently aren't a lot practical use cases where we can afford a performance loss of ~100,000,000x (your homomorphic crypto algorithm is going to run on the order of ~Hz on a ~Ghz CPU).
There currently aren't a lot practical use cases where we can afford a performance loss of ~100,000,000x (your homomorphic crypto algorithm is going to run on the order of ~Hz on a ~Ghz CPU).