How Blockchain Technology Will Transform Data Privacy

No ratings

Presented at GlobalPrivacySummit 2019 by

Blockchain, the technology underlying bitcoin, has been heralded as the most important technological development since the Internet. While much of the focus has been on cryptocurrencies, blockchain technology will have a profound impact on privacy and identity as individuals gain more control over the collection, use and processing of their data. This paradigm shift will impact data monetization, the meaning of trans-border data flow and how governments access personal information. Blockchain solutions will also require regulators to rethink the application of data privacy laws, such as the GDPR, as evidenced by recent pronouncements by the European Parliament and the CNIL in France. These developments will reshape how individuals perceive personal data and how business and the public sector manage that data. The panel will explain blockchain technology and its specific application to privacy and identity as well as explore the challenges of applying privacy laws to this new and decentralized technology.What you’ll take away:How blockchain operatesRegulatory developments, including the GDPR and other national privacy laws, and the potential impact for businesses and public-sector organizations managing dataAn overview of existing blockchain projects that are redefining privacy and identity in today's world