A Look at EU's GDPR and What It Means for Crypto Privacy

A Look at EU's GDPR and What It Means for Crypto Privacy
Given the stupendous amount of personal information stored and transferred online, it’s good that regulators are moving to bolster consumer privacy. But these rules – ranging from the “right to be forgotten” to the ability query a database to see what information they keep about you on file – may bump up against the web the blockchain industry is building, sometimes called Web 3.Crypto’s primary benefits stem from being open, transparent and immutable. Blockchain-based web apps are necessarily different than the multibillion-dollar “walled gardens” that dominant the internet today. Privacy laws were written with the old web in mind, the…