Blockchain tagged posts

Does blockchain give organizations superhuman powers when it comes to processing data?

The integrity and protection of personal data is a massive business continuity, risk and technology issue for companies around the world in sectors such as healthcare and banking.

And there’s also a double-whammy.

Organizations must comply with higher global standards in data protection, privacy and security brought about by the General Data Protection Regulation (GDPR) and other comparable data protection laws and regulations starting to emerge in other countries such as Brazil, California, Dubai, India and Singapore.

A simple explanation of blockchain

Blockchain is a distributed database that exists on multiple computers (or nodes) all at the same time. This can be public or private (or permissioned) blockchains.

The chain is constantly expanding in length as new sets of recordings or ...

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Killing a few sacred cows?

A couple of weeks’ ago, I was invited to speak to around 150 people at a gathering of the Government Blockchain Association (GBA). It was an illuminating experience.

What struck me was that the digital landscape referred to in the Recitals of the General Data Protection Regulation (GDPR) isn’t the same as the technology landscape these ‘digital disruptors’ are building today.

According to the Oxford English Dictionary, blockchain (noun) is: “A system in which a record of transactions made in bitcoin or another cryptocurrency are maintained across several computers that are linked in a peer-to-peer network.”

That sounds very geeky and techie and of little relevance to the rest of us and only those with a strong interest in advanced mathematical algorithms?

Wrong!

Blockchain isn’...

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