With less than one week to go until the EU update to General Data Protection Regulation (GDPR) compliance deadline, firms are scrambling to ensure they avoid the massive fines and penalties that come with non-compliance.
Blockchain company ULedger today announced a new GDPR tool, which allows any organization to easily integrate a blockchain overlay with their existing data infrastructure to ensure they satisfy all regulations.
Not only does this solution offer quick compliance, but integrating the new ULedger API is considerably more cost effective than the alternatives of a GDPR training course or in-house consultant.
ULedger’s blockchain technology is used by organizations such as the City of Boise, Idaho and Big 4 accounting firms, along with many other companies that span a variety of use cases and industries.
ULedger Introduces Blockchain Solution to Ensure GDPR Compliance Ahead of May 25
Seamlessly integrating into any existing data infrastructure, ULedger’s new blockchain tool enables GDPR compliance quickly and cost effectively
Boise, Idaho, May 18, 2018 - ULedger, a leading blockchain solutions provider, today announced new tools that will allow any company to easily become GDPR (Global Data Protection Regulation) compliant ahead of the regulation going into effect on May 25, 2018. Plugging into a company’s existing data infrastructure, ULedger’s GDPR Compliance tool gives any organization an instant blockchain upgrade, ensuring that the new requirements around data control and data security are met.
Josh McIver, ULedger CEO said, “Many technology systems in their current form are not capable of meeting the regulatory requirements of GDPR, and as with other regulations, compliance can sometimes be time consuming, expensive, and confusing. Our GDPR tool is designed to leverage ULedger’s API in a way that provides companies with immediate GDPR compliance, and allows them to realize the many benefits that come with blockchain technology such as security and transparency of data.”
ULedger’s Blockchain GDPR Compliance tools allows organizations to create and maintain a complete, immutable history of the company’s data, including email communications, photos, bank details, and any other data type pertaining to a person’s private, public or professional data. Its GDPR product also includes robust querying and reporting capabilities for compliance audits and proof, as well as breach notification, privacy by design, and data portability.
This new product follows ULedger’s recent initiative that will offer its services free of charge to all universities and non-profits that wish to adopt blockchain technology for greater data protection and security. ULedger additionally services a Big 4 accounting firm, the City of Boise, a global shipping company, a big data company, and many more entities across various verticals and use cases.
More information can be found at www.ULedger.com and in its telegram channel.
About ULedger:
ULedger is headquartered in Boise, Idaho with offices in Prishtina, Kosovo, Austria and Milan, Italy. ULedger is a “Data Integrity as a Service” company and serves as “Your Digital Witness” by bringing security, transparency, integrity and identity to digital records and electronic communications. ULedger’s stateless Blockchain protocol affords its clients with an immutable 3rd party audit trail of all electronic data, activity, state changes and identity which are critical with the data integrity challenges and cyber security threats that enterprises face each and every day.
Posted from my blog with SteemPress : https://hodlitbro.com.au/2018/05/19/press-release-blockchain-company-uledger-introduces-gdpr-tool-to-provide-overnight-compliance/