Friday, September 21, 2018

How Can Blockchain Technology Help Save Our Privacy?

The article How Can Blockchain Technology Help Save Our Privacy? See more on: Business Law Group, LLC

Below is a good article on blockchain technology and privacy, especially when it comes to personal data.  As you are probably aware, the large companies out there (Google, Facebook, Twitter, Amazon, etc.) have a TON of personal information about you that they use for advertising, etc. It’s very possible that blockchain technology can alleviate a lot of those issues. Check it out.See more at https://kcbusinesslawgroup.com/How Blockchain Can Save Our Privacy Before It DisappearsHow Blockchain Can Save Our Privacy Before It DisappearsALEX MOSKOVThis ain’t your granddaddy’s privacy battle.Times were simpler when postcards were the big privacy invasion scare.Today, our personal privacy is under siege by veiled government surveillance programs and the countless tech company Trojan Horses.Privacy, per Merriam-Webster, is defined as the quality or state of being apart from company or observation, or freedom from unauthorized intrusion.Technical innovations in the past twenty years have blurred the lines of “apart from company” and “unauthorized intrusion,” and now our personal privacy is under attack from multiple fronts.Our locations are constantly being tracked on our phones, which are borderline inseparable from our bodies. We are under constant surveillance.Social media platforms know more about us than we should be comfortable with.Our sensitive information is floating around and being exchanged for a myriad of unauthorized purposes.Many personal privacy advocates have taken to blockchain and cryptocurrency entrepreneurship to build solutions that address the concerns of our dwindling right to privacy in the digital world.Technological advancements like blockchain and zero-proof have given the pro-privacy debate a new gust of wind. The beauty of these solutions is that they offer encryption or at least partial obfuscation on a massive scale.Privacy coins such as Monero and Zcash give us the freedom to transact without being tracked, but this could come at the prohibitively high cost of empowering and enabling criminal activity.Blockchain-based browsing and social media platforms like BAT, Steemit, and Sapien offer an escape from a manipulative data-mining browsing and social experience.blockchain and privacyThe following article explores the evolution of privacy in contemporary society, how the digital world has warped the reality of privacy and the rumbling dangers that come with it, and how blockchain and cryptocurrency projects offer a solution.A Contemporary Legal History to PrivacyPrivacy as we know it is a relatively recent development in human society. Our right to privacy isn’t explicitly stated in our Constitution and has been primarily defined by legal precedents, many of which haven’t accounted for the rapid societal change ushered in by the digital era.The rise of a private tech oligarchy posed new paradigms in which a slow-moving bulwark of a government is continually playing a game of iron-fisted catch-up.The government is in a precarious position when it comes to dishing out judgments against tech companies. These cases require light but decisive footwork to avoid stepping over and stifling private enterprise, while simultaneously protecting civilians from a very real bogeyman in the dark.The following are a handful of the legal precedents that have helped to dictate where the United States stands on personal […]



source https://kcbusinesslawgroup.com/fintech/how-can-blockchain-technology-help-save-our-privacy/

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