Digital Economy failed to protect our privacy and well-being countless times. Can blockchain be a solution? The question of digital trust is raised by BTCMEX today.
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Early cryptocurrency adopters talked about online privacy and anonymity back in the 80s. Find out about the Sypherpunks’ movement on BTCMEX Blog. With the technological development questions of digital trust and personal data protection became even more vital today.
Many agree that blockchain — a secure distributed ledger introduced with the first notable cryptocurrency Bitcoin — is a key to increasing digital trust. Blockchain technology has seen a number of successful implementations beyond digital currencies. Could personal privacy protection with blockchain be the thing to push the tech into the mainstream?
Crypto projects are already helping to secure users’ privacy from online tracking. What is important to understand today — personal data has a huge economic value. The online information is being tracked because it is worth something. In the modern world, decentralized technologies like blockchain hold the most personal privacy protection potential.
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Please note, that the article is a part of BTCMEX Blog, the views and opinions expressed here are the contributing author’s only, and do not necessarily represent the views of the company.
Julia Bulakh for BTCMEX