The future of data storage is decentralized
Blockchain based data storage solutions like Filecoin, Siacoin, 0Chain and Storj improve the security and privacy of existing cloud storage solutions. David Freuden investigates.
New privacy regulations – a chance to reset customer data collection
The average cost of a data breach is $3.86 million dollars – up 6.4% from last year. New privacy regulations worldwide are providing the impetus and opportunity for organizations to rethink customer privacy from the ground up.
From lock-in to loyalty: Self-Sovereign Identity & Data Portability
Regulatory requirements like open banking rules and the data portability provisions in the European Union’s GDPR tend to be viewed as burdens - forcing compliance expense and stunting growth. But business leaders can use the opportunity to rise above their competition by embracing data portability. The key is ‘Self-Sovereign’ Identity.
Zero-Knowledge Proof – a game changer for customer data security
For the most part, businesses don’t want to collect and store customer data - they’re just forced to by circumstance. Advances in self-sovereign identity solutions such as ‘Zero-Knowledge Proof’, however, mean that soon they won’t have to.