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The Tension between GDPR and Blockchain: Are they Polar Opposites or Can they Co-exist

AIIM

A potentially problematic challenge for industry and legislators is the apparent tension between privacy rights and the rapid adoption of blockchain-based applications which are expected to reach $10.6 There is a school of thought that blockchain is antithetical to and incompatible with safeguarding privacy rights.

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Money20/20 USA, Part I: Revolution or Evolution?

Thales Cloud Protection & Licensing

I decided I needed to capture the latest thinking on some of the hot topics, which include digital identity, blockchain and open banking. Regulations such as GDPR in the European Union (EU) may accelerate such initiatives due to high breach penalties. Blockchain to the rescue? As you might expect, this involved some trade-offs.

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The Week in Cyber Security and Data Privacy: 15 – 21 January 2024

IT Governance

AI ICO launches consultation on generative AI and data protection The Information Commissioner’s Office has launched a consultation series on the application of data protection law to generative AI models, particularly in relation to the UK GDPR and Part 2 of the DPA 2018. That’s it for this week’s round-up. We hope you found it useful.

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The UK ICO’s Regulatory Sandbox Points to a Future of Pro-Active Engagement

HL Chronicle of Data Protection

As companies continue to grapple with interpreting how the GDPR’s principles apply to their own businesses, in particular contexts, there is a growing need for data protection regulators to provide clarity on the practical application of the regulation.

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#ModernDataMasters: Michele Chambers, AWS

Reltio

Intelligent micro-services – This is so that people can create bigger and bigger intelligent applications. Blockchain is also really exciting, and a basic component in edge-based computing. I think what blockchain is really about is creating a trusted network for sharing high-value information.

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#ModernDataMasters: Sarit Bose, Cognizant

Reltio

Blockchain is going to play a big role to giving more trustworthiness to the data. “If It is not evolved to that extent yet, but like AI and ML have evolved, Blockchain is going to become a must.”. Having APIs to deal with it will be very important.

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Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

Currently ideal for industries like financial services managing sensitive data, Cape Privacy’s Snowflake is an innovative multi-party computation (MPC) platform that prevents single points of failure and ensures compliance. Investors also want to see financial reports and revenue growth projections backed up by market analysis.