‘Blockchains and the Right to be Forgotten’

“Blockchain technology is the new word on the street. A blockchain is in essence an append-only decentralized database that is maintained by a consensus algorithm and stored on multiple nodes (computers). While the technology is still immature and applications remain rare, it is widely viewed as a disruptive force, capable of decentralizing business models, forms of human interaction and markets. Given that they are new forms of data storage and management, questions surrounding the relation between blockchains and the EU’s General Data Protection Regulation (‘GDPR’) abound …” (more)

[Michèle Finck, Oxford Business Law Blog, 20 April]

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