The Role of Blockchain in Data Security

The Role of Blockchain in Data Security

The rapid advances in digital technology over the past several decades have also brought to the fore new challenges around data privacy and security. As a result, hacks, identity theft and other digital violations of privacy are becoming commonplace.

These issues have been thrown into sharp focus courtesy of the recent Cambridge Analytica controversy and the European Union’s General Data Protection Regulation (GDPR). Addressing the challenge of how to secure the internet has been a primary motivation for many of us in the Blockchain community for a much longer time, however. As Blockchain technology re-architects our digital infrastructure, it also reformulates the security equation. 

By Serg Metelin

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