The blockchain space is often abuzz with the term "decentralization," touted as the ultimate goal. But what if the real prize isn't decentralization itself, but something more fundamental: sovereignty? Amahle Nkosi, writing from Johannesburg, argues that sovereignty – the ability to control one's own data, infrastructure, and assets – is...
The European Union's General Data Protection Regulation (GDPR) has created a challenging situation for public blockchains, potentially putting them on a collision course with Europe's privacy guardians. One of the main tensions is GDPR’s data minimization principle. This principle means that organizations can’t collect and retain more data than is...
The EDPB's stance is clear: GDPR applies to blockchain. Period. No carve-outs for decentralization, immutability, or “but it’s just a digital ledger! This isn’t news. What’s really troubling is the possibility for regulatory overreach that would stifle Europe’s rapidly growing crypto industry. To be clear, we’re discussing all of the...
The EDPB’s opinion was released last week, and it is a privacy bombshell for the blockchain universe. Their draft guidelines, intended to fit blockchain technology into the GDPR framework, are sending waves of concern throughout the industry. So the question is not whether this will affect Asia, but how it...
