Page 25 - DIY Magazine June 2018

By segregating data across multiple private chains,
not only does this facilitate compliance with GDPR, but total privacy of data can be achieved unlike with public blockchains where metadata is visible. There is also the inherent security that a blockchain network provides making it incredibly difficult to tamper with, steal or hack user data, without any need for backup.
In fact, backups of systems are incredibly risky for businesses in today’s GDPR world as any deletion of data requires each and every system to be opened up and the data punched out from a number of different sources - such a technical headache goes away when using blockchain as the network automatically ensures all copies of any data that is to be deleted, is indeed removed.
How can you have multiple blockchains in any one application? Interbit’s unique ‘chain joining’ capability allows this so where the business requires it, user data can be segregated accordingly across many different chains that can be joined (to use in technical jargon they are ‘interoperable’), which allows for total privacy and the ability to be forgotten.
Current computing systems are not well designed to operate and meet the guidelines set out by GDPR.
They leak and where data is stored in just one place,
it makes it an easy target for cybercriminals. The new computing paradigm of blockchain can ensure GDPR is implemented successfully.
BTL Group is listed on the Toronto (TSX) Venture Exchange - here
25 DIY Investor Magazine | Jun 2018