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Tag Archives for " blockchain "

CNIL Publishes Initial Assessment on Blockchain and GDPR

Recently, the French Data Protection Authority (“CNIL”) published its initial assessment of the compatibility of blockchain technology with the EU General Data Protection Regulation (GDPR) and proposed concrete solutions for organizations wishing to use blockchain technology when implementing data processing activities.

Full article: CNIL Publishes Initial Assessment on Blockchain and GDPR

Why blockchain can solve the EU’s two-factor authentication dilemma

If you’ve become used to going contactless when out shopping, then you might receive a shock next year. New EU anti-fraud regulation comes into force in September 2019 and will require two-factor payment authentication for physical and online payments, potentially leading to abandoned shopping baskets.

Full article: Why blockchain can solve the EU’s two-factor authentication dilemma

Recently Discovered Bitcoin Vulnerability Is Even Worse Than Previously Thought

The vulnerability in Bitcoin’s implementation (Bitcoin Core) that was revealed earlier this week (on 18 September 2018) is even more serious than previously thought (and reported), and the developers have now revealed the full (and highly disturbing) impact of this vulnerability. The developers say that although they are “unaware of any attempts to exploit this vulnerability”, it is still critical that “affected users upgrade and apply the latest patches to ensure no possibility of large reorganizations, mining of invalid blocks, or acceptance of invalid transactions occurs.”

Source: Recently Discovered Bitcoin Vulnerability Is Even Worse Than Previously Thought | CryptoGlobe

Blockchain and the GDPR: irreconcilable foes or a partnership with great potential?

At first glance, blockchain and the General Data Protection Regulation (GDPR) may seem like they would be wholly unrelated, complete strangers. But as applications of blockchain expand into the mainstream – payments, healthcare and security, to name a few areas – there are increasing concerns about the (lack of) compatibility between applications of blockchain technology and requirements under the GDPR. Basically, the seeming strangers are quickly developing into potential foes. But are they really that irreconcilable? And what are the advantages of turning these apparent foes into friends – or at least enabling them to coexist?

Source: Blockchain and the GDPR: irreconcilable foes or a partnership with great potential? – GDPR.Report

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

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