BLOCKCHAIN MEETS GDPR
Businesses face big challenges these days: the right and most efficient way to handle data gets more and more difficult. Additionally new laws, guidelines and external regulations arise, such as the EU General Data Protection Regulation (GDPR). All business divisions in every industry sector are affected by the GDPR.
The Blockchain Technology offers to be the ideal key technology in all relevant areas by guaranteeing trust, anonymization, safety against manipulation, transparency and immutability.
This new technology represents the perfect base for a highly innovative and business oriented solution: a Blockchain based SaaS application to introduce the GDPR successfully in your company. To accomplish this we use the Blockchain Technology for a completely new and automated data management system that can be docked to your system via a REST-API. Just forget about the usual process oriented GDPR implementation with its time consuming checklists and forms. Set up an all in all solution that is made especially for businesses!
Inquire nowWHAT IS THE GDPR?
On May 25th 2018 one of the most far-reaching changes in the digital economy comes into force: after a two-year transitional period, all companies must implement the EU General Data Protection Regulation (GDPR). It will streamline and strengthen the rules governing the processing of all personal data, the rights of users and the accountabilities of those responsible. The impact is enormous and affects all areas of companies in all industries. In addition, the GDPR also applies to internal processes - did you know that, for example, an employee survey is a GDPR-relevant transaction?
The consequences of a breach are serious: In addition to claims for damages in the event of errors fines of up to four percent of global (group) sales. Involved managers, privacy advocates and other decision makers face fines of up to EUR 20 million.
Act now and implement the GDPR successfully in your company. And all that without spreadsheets, time-consuming checklists and forms.
WHY BLOCKCHAIN?
The Blockchain does not solve all problems - but many. No other technology offers such a high security in transactions and against manipulation. This is cheaper than using centralized cloud solutions or traditional databases.
Blockchain Technology | Conventional Technologies | ||
|---|---|---|---|
| Immutability | ✓ | ✓ | |
| Transparency and Traceability | ✓ | ✓ | |
| Decentralization and Redundant Data Storage | ✓ | ✓ | |
| Security by Design: Secure Transactions | ✓ | ✓ | |
| Scalability | ✓ | ✓ | |
| Easy integration into business processes | ✓ | ✓ | |
| Cost-effective | ✓ | ✓ |
ARE YOU GDPR COMPLIANT?
With our Blockchain Technology based SaaS application to follow the new regulations of the GDPR you do not have to worry about anything. Just focus on your company. We will take care of the rest.
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