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Privacy is the right of a person to select which parts of information about them can be accessed by others. Privacy violation by the government has been a hot topic for decades, but it became particularly controversial after Edward Snowden, a US intelligence contractor, has leaked information about PRISM, a clandestine surveillance program which the NSA used to spy on the US citizens without them consenting, or even knowing about it. Thus, it became clear to people that if they want to keep parts of their life truly private, they have to make an active effort. One of Bitcoin's advantages, at least initially, was the fact that all its transactions were anonymous. This is less true today, given the advances in Blockchain forensics that sometimes allow tracing Bitcoin transactions back to the people behind them.
Blockchain will enable information sharing agreements that put consumers in control of their own data.
Governments are stepping up their attacks on citizens’ privacy with sophisticated methods. Fortunately Bitcoin can’t be censored.
There are many private DNA databases in the world - imagine all of their data combined with open access to everyone.
The Ethereum Byzantium hard fork provides just the right technology to make a fully transparent but anonymous transaction a reality - perfect for Wall Street.
Recent data breaches have convinced consumers that their personal information will never be secure. Blockchain may be the answer to this problem.
Food for Thought
Blockchain analysis has been used by a UC Berkeley PhD candidate to identify sex trafficking rings, through the linking of Bitcoin payments made for online adul...
The IRS is actively seeking out tax evaders using Bitcoin, employing tools like Chainalysis to unmask them.
Blockchain alone doesn’t fix it - privacy can only be protected when all loopholes are closed, not with a single general technology.
EEA welcomes new members to its legal group.
Private customer information from a major German exchange has been handed over to investigators without warrants.
Largest mixing service BitMixer shuts down in a matter of days, leaving users both puzzled and curious. Announcements motivated by ethical reasons to stop offer...
If this kind of delivery systems sees success in the future, it could lead to a major adoption of Blockchain technology by leading service providers including A...
New Guidance on Privacy from Blockfolio
Encrypgen through the crowd sale of its Gene-Chain coin seeks to bring about an era where you can protect your genetic information and even profit from it.
Privacy-centered altcoin Zcoin has announced the first working implementation of Merkle Tree Proof (MTP) as a proof-of-work (PoW) algorithm.
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