‘Deleting the Whole Blockchain’ – EU Regulators Say Entire Chain Histories Could be Erased for Personal Data Protection - The Daily Hodl

‘Deleting the Whole Blockchain’ – EU Regulators Say Entire Chain Histories Could be Erased for Personal Data Protection - The Daily Hodl

Regulators in the European Union (EU) have released new guidance on blockchain technology as it pertains to the processing of personal data. In a new report, the European Data Protection Board (EDPB) says that in order to properly comply with the EU’s General Data Protection Regulation (GDPR), “evaluations” may need to be conducted on how blockchains record data. According to the EDPB, the evaluation should address the following questions: “Will…

When to Hire a GDPR Auditor

Originally published by Scrut Automation. Written by Nicholas Muy.   The evolving role of GDPR Auditors As businesses continue to rely more on data, the need for strong privacy and compliance measures has never been greater. The General Data Protection Regulation (GDPR) safeguards personal data, but staying compliant is an ongoing challenge amid evolving regulations and technology. Non-compliance risks hefty fines (like LinkedIn's €310 million f…