Tech Talks Daily

761: Aeternity - Can Blockchain and GDPR Be Compatible?


Listen Later

A recent report highlighted that 74% of blockchain firms in the United Kingdom cite regulatory issues as being one of their key concerns. This response highlights unease over how GDPR and blockchain will intersect, in particular.

GDPR empowers citizens to delete their personal data at any point, something completely at odds with the immutability of blockchain - a public record that is growing and resistant to modification through cryptography.

I wanted to make sense of how GDPR and blockchain can co-exist in our increasingly digital world and understand where to begin when solving a problem like this so turned to the team at Aeternity for answers.

Vladislav Dramaliev is Founder and director of BitHope Foundation the non-profit organization operates three websites with the aim of promoting cryptocurrency and blockchain adoption in Bulgaria and globally. Vlad is also the digital marketing manager at Aeternity.

Aeternity is a blockchain network developed to integrate the scalability solution in blockchain smart contracts. The company envisions a future based on open-source, public blockchain 3.0 technology empowering billions.

It is a vision that is being realized by a global community of believers, convinced in the disruptive potential of scalable, public blockchain technology. æternity is on a mission to disrupt existing online and offline interaction models and help billions of people benefit from a global sharing economy based on decentralized systems and individual merit.

From a technological point of view, æternity is a decentralized æpps platform that scales through state channels, running smart contracts off-chain. It introduces a new language that supports formal verification and allows to write simpler, safer code.

The VM also accommodates compiled Solidity contracts. æternity uses an ASIC-resistant, memory-bound Proof-of-Work with less than 15 seconds block time. It features an integrated naming system and oracles, which could be used to request and access data from various data providers.

On today's daily tech podcast, we explore the conflict between Blockchain and GDPR. We also talk about the house of blockchain in Liechtenstein which supports projects that share a vision for a future built on powerful, user-friendly decentralized applications.

...more
View all episodesView all episodes
Download on the App Store

Tech Talks DailyBy Neil C. Hughes

  • 5
  • 5
  • 5
  • 5
  • 5

5

197 ratings


More shows like Tech Talks Daily

View all
HBR IdeaCast by Harvard Business Review

HBR IdeaCast

177 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,040 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

519 Listeners

Software Engineering Daily by Software Engineering Daily

Software Engineering Daily

621 Listeners

The Official SaaStr Podcast: SaaS | Founders | Investors by SaaStr

The Official SaaStr Podcast: SaaS | Founders | Investors

175 Listeners

The TWIML AI Podcast (formerly This Week in Machine Learning & Artificial Intelligence) by Sam Charrington

The TWIML AI Podcast (formerly This Week in Machine Learning & Artificial Intelligence)

441 Listeners

Fintech Insider Podcast by 11:FS by 11:FS

Fintech Insider Podcast by 11:FS

186 Listeners

Gartner ThinkCast by Gartner

Gartner ThinkCast

112 Listeners

Super Data Science: ML & AI Podcast with Jon Krohn by Jon Krohn

Super Data Science: ML & AI Podcast with Jon Krohn

298 Listeners

NVIDIA AI Podcast by NVIDIA

NVIDIA AI Podcast

331 Listeners

DataFramed by DataCamp

DataFramed

267 Listeners

Practical AI by Practical AI LLC

Practical AI

192 Listeners

Big Technology Podcast by Alex Kantrowitz

Big Technology Podcast

454 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

353 Listeners

The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis by Nathaniel Whittemore

The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis

491 Listeners