European Head of Data Protection Calls For Less Invasive Surveillance Measures, Blockchain Technology A Powerful Ally?
One of the more pressing debates in the world of technology is the trade-off between security, privacy and convenience. Especially on the end-user level, convenience seems to trump both privacy and security more often than not. But if the European Head of Data Protection has a say in the matter, that might be about to change very soon. In the past year....
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The European Council of the EU has set forth guidelines in which it will seek to regulate virtual currencies and curb terrorist funding opportunities. In light of several high terror attacks within the EU in 2015, many regulators and citizens called for tighter surveillance and anti-terrorism operations. Calls for tighter control over virtual currencies after reports were released when it was suggested that some terrorists might have benefited from using Bitcoin to fund their activities. While such claims that terrorists have a unique advantage in using Bitcoin, the European Council is....
Acronis , the Singaporean data security, and protection company has announced that the company will implement blockchain technology for data protection in the future A Singapore-based firm has expressed its interests to experiment with blockchain technology to strengthen its data storage and security services. Acronis, as the name is titled, has recently employed a research and development facility to look into the Bitcoin’s distributed ledger technology, while focusing on creating tools that can be used to protect data from getting corrupted, stolen or compromised. Is it something new?....
The healthcare business is booming these days, as this sector is in dire need of some technological innovation. Even though most everyday consumers might feel the world of healthcare has evolved with leaps and bounds, there is still a lot of work left to do. Prenetics is one of the many startups exploring the healthcare market, and their focus lies on DNA testing. Perhaps blockchain technology can be of use down the line. Every time the topic of DNA testing comes up, there will be privacy advocates claiming how this method is invasive and needs to be fine tuned. Prenetics has taken these....
A new European Parliament draft report on digital currencies calls for the creation of a task force specifically devoted to the technology. The report, penned by European Parliament member (MEP) Jakob von Weizsäcker of the Committee on Economic and Monetary Affairs, seeks the establishment of a task force, with its own budget and dedicated staff, that would study digital currencies and provide policy advice to the European Union and member-states. Further, the report calls for tightening regulation of both exchanges and wallet service providers – something the European Commission, the....
Acronis, a provider of backup and recovery software, announced an initiative at its 2016 VIP Partner Summit to develop blockchain technology-based applications for data protection, according to IT Brief, an Australia-based technical news source. A dedicated research and deployment team will provide “tamper proof” data storage to guarantee privacy and data authenticity. The technology is currently in prototype form. Blockchain’s Security Promise. Blockchain technology records digital events and can address a wide range of data use cases for organizations globally. It can provide global....