Tag Archives for " blockchain "

Is Blockchain The Answer To A Better Healthcare Industry?

The traditional systems that are being used in healthcare today are woefully lacking in the security that could be available. Blockchain technology holds a great deal of promise for the healthcare industry, and it is time for all providers and researchers to explore the potential.

Full article: Is Blockchain The Answer To A Better Healthcare Industry?

How can blockchain assist data protection?

The Internet of Things has created a reliance on technology for many of us on both a personal and a professional level. It has changed the way in which information is collected, transferred, assimilated and stored, and that, in turn, has materially changed business intelligence and strategy, as well as creating lucrative new revenue streams.

Read article: How can blockchain assist data protection?

Is GDPR an immovable block to blockchain?

A report has claimed that GDPR could hinder innovation in blockchain within Europe. If that is right, then this could be enough to ensure that the technology stars of tomorrow, the next Amazons or Googles, won’t be European. The report did hint at the opportunity, however.

Read article: Is GDPR an immovable block to blockchain?

The GDPR and Blockchain | Inside Privacy

Blockchain technology has the potential to revolutionise many industries; it has been said that “blockchain will do to the financial system what the internet did to media”. However, in order for the technology to unfold its full potential there needs to be careful consideration as to how the technology can comply with new European privacy legislation, namely the General Data Protection Regulation (the “GDPR”)

Read article: The GDPR and Blockchain | Inside Privacy

Finding a GDPR solution in the blockchain

With the implementation of the General Data Protection Regulation, we are entering a new era emphasising data security and customer control over personal information. GDPR gives customers the right to compel businesses to delete any trace of their information from company servers (known as the right to be forgotten) and creates real incentives for more secure storage and handling of personal data.

Read article: Finding a GDPR solution in the blockchain

Blockchain Could Solve the Data Privacy Problem

Blockchain technology creates counterfeit-proof information on a network we can trust. Instead of sharing our date of birth again and again, we have one permanent record of this information on the blockchain and then give temporary permission to access the official record when needed.

In this system, public information such as tax records, government records, and local school budgets can remain public while the private data of citizens and corporations can be private and secure.

Read article: Commentary: Blockchain Could Solve the Data Privacy Problem | Fortune

Data Provider YouGov Pins Hopes On Blockchain To Ensure GDPR Compliance

While some ad tech and data companies are shuttering their EU operations in light of the upcoming GDPR, others are investing in new but unproven technologies like blockchain to preserve their data-centric business models.

When GDPR takes effect in about one month, companies with personal data will need to gain explicit consent from EU citizens each time they use that data or sell it to a third party.

Source: Data Provider YouGov Pins Hopes On Blockchain To Ensure GDPR Compliance | AdExchanger

Blockchain: Practical use cases for the privacy pro — Learning from Estonia

Estonia, the tiny European country, has become a technological powerhouse and is the headquarters for NATO’s Cyber Defense Centre. Estonia was also the first country to vote online (in 2005), and almost all Estonians can now file taxes online within minutes.

Now the Estonian government is heavily turning to blockchain technology to further advance its digital government services and provide citizens with greater control over their personal data. According to Former Estonian President Toomas Hendrik Ilves, “Estonia is now a blockchain nation.”

Source: Blockchain: Practical use cases for the privacy pro — Learning from Estonia

Blockchain: Practical use cases for the privacy pro – Learning from Estonia

Many Americans would not be able to point out Estonia on a map, yet, the tiny country has become a technological powerhouse and is the headquarters for NATO’€™s Cyber Defense Centre.

Estonia was also the first country to vote online (in 2005) and almost all Estonians can now file taxes online within minutes. Now the Estonian government is heavily turning to blockchain technology to further advance its digital government services and provide citizens with greater control over their personal data. According to Former Estonian President Toomas Hendrik Ilves, “€œEstonia is now a blockchain nation.”

Source: Blockchain: Practical use cases for the privacy pro – Learning from Estonia

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