Ethereum presents a new data protection proposal for compliance with the GDPR

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Ethereum: Datenschutz-Vorschlag für Einhaltung der DSGVO Ethereum, die führende Plattform für Smart Contracts und dezentrale Anwendungen, beschäftigt sich intensiv mit den Herausforderungen des Datenschutzes, insbesondere im Hinblick auf die Einhaltung der Datenschutz-Grundverordnung (DSGVO). Diese europäische Regelung verlangt von Unternehmen und Organisationen, dass sie den Schutz personenbezogener Daten ernst nehmen und entsprechende Maßnahmen ergreifen. Im Rahmen …
Ethereum: Data protection proposal for compliance with the GDPR Ethereum, the leading platform for smart contracts and decentralized applications, deals intensively with the challenges of data protection, especially with regard to compliance with the General Data Protection Regulation (GDPR). This European regulation requires companies and organizations to take the protection of personal data seriously and take appropriate measures. As part of … (Symbolbild/KNAT)

Ethereum: Data protection proposal for compliance with the GDPR

Ethereum, the leading platform for smart contracts and decentralized applications, deals intensively with the challenges of data protection, especially with regard to compliance with the General Data Protection Regulation (GDPR). This European regulation requires companies and organizations to take the protection of personal data seriously and take appropriate measures.

As part of these efforts, the Ethereum team has developed a proposal that aims to integrate data protection functions and at the same time protect the transparency and safety of blockchain technology. The aim is to give users control over their data and at the same time to meet the legal requirements of the GDPR.

A central aspect of the proposal is the implementation of data protection mechanisms that enable personal data to process anonymously. This could be achieved by techniques such as Zero-Knowledge Proofs that allow transactions on the blockchain to be validated without revealing sensitive information.

In addition, it is discussed how Ethereum users can give and revoke their consent to data processing. This is an essential part of the GDPR that entrusts users to control their data. The development of decentralized identity solutions could help to meet these requirements.

The responsibility for data protection and compliance with legal requirements lies not only among the developers of applications, but also among users themselves. It is therefore important that all those involved - from developers to companies to end users - are aware of the importance of data protection and take suitable measures.

Overall, Ethereum's proposal shows that the platform is willing to face the challenges of data protection and develop innovative solutions in order to meet the requirements of the GDPR as well as to preserve the advantages of blockchain technology.