Management & legal News

EU Blockchain Forum says blockchain, GDPR compatible

gdpr
The European Union Blockchain Observatory & Forum (Forum) published a report about blockchain and the data privacy legislation GDPR. The assertion is that GDPR compliance is not about technology. Instead it’s about how the technology is implemented. Consensys produced the report on behalf of the Forum. Many web business models are built on trading free services for personal information, consciously or not. Of late there have been issues with misuse of that personal data. And increasingly personal data can be lost through hacking. Unfortunately even though the report is published by an EU body, its not definitive since only data protection authorities or the courts can rule conclusively.

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