Cryptocurrencies are portrayed as a more anonymous and less traceable method of payment than credit cards. So if you shop online and pay with Bitcoin or another cryptocurrency, how much privacy do you have? In a new paper, we show just how little.
Microsoft is working to address some of the current limitations of enterprise blockchain with a new cross-platform framework designed to make it more scalable, governable, and confidential.
Hackers can shut down entire networks, tamper with data, lure unwary users into cybertraps, steal and spoof identities, and carry out other devious attacks by leveraging centralized repositories and single points of failure.
LuxTrust S.A., the leading European Trust Services Provider, and Cambridge Blockchain LLC, the Massachusetts-based pioneer in digital identity enterprise software, today announced the development of a new privacy-protecting European identity platform. The platform will offer businesses and consumers a trusted environment to exchange and manage personal data online, in full compliance with strict data privacy rules such as the European General Data Protection Regulation (GDPR).
Blockchain and digital ledger technology for sure has future. However, it has serious issues with privacy and data protection. You simply can’t use it for information that has to be kept private – like healthcare records.