What if blockchain offered a way to reconcile privacy with transparency?

27-09-2018

One of the most appealing aspects of blockchain technology is the degree of transparency that it can provide. Blockchain has the potential to improve supply chains and clinical trials, enforce the law, enable responsible consumption and enhance democratic governance through a traceability of information as a means of ensuring that nothing is unduly modified. The level of transparency that blockchain brings forward adds a degree of accountability that has not existed to date. At the same time, one of the most appealing aspects of blockchain technology is the degree of privacy that it can provide. How could blockchain safeguard the rights to privacy and control over one’s data, whilst promoting data transparency?

One of the most appealing aspects of blockchain technology is the degree of transparency that it can provide. Blockchain has the potential to improve supply chains and clinical trials, enforce the law, enable responsible consumption and enhance democratic governance through a traceability of information as a means of ensuring that nothing is unduly modified. The level of transparency that blockchain brings forward adds a degree of accountability that has not existed to date. At the same time, one of the most appealing aspects of blockchain technology is the degree of privacy that it can provide. How could blockchain safeguard the rights to privacy and control over one’s data, whilst promoting data transparency?