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Privacy of blockchain data assignment
Data is the most valuable asset in digital business models, necessitating greater knowledge of suitable privacy protection measures. The General Data Protection Regulation of the European Union is a result of the debates, and it now requires enterprises to guarantee that their information ecosystems are compliant with the law. Because blockchain technology promises to make a centralized data authority superfluous, there is currently a rising trend to apply blockchain technologies to business models that rely on data interchange. In this week’s research discussion, we’ll look at how some academics are attempting to provide insights that will assist decision-makers in selecting a blockchain configuration that conforms with data privacy legislative standards. The findings of the study might be used to evaluate any other blockchain architecture. By reading and evaluating the paper 20, this research debate will go into several facets of blockchain technology (attached).
Please read the article attentively and watch the videos (https://youtu.be/o-oTdYod8iU, https://youtu.be/IoH9fPWNRSc ) that discuss these difficulties. Then, in response to the following question, use other academic resources to supplement your discussions:
What is your overall opinion of the morphological box as a “data privacy assessment tool” for the Hyperledger Sawtooth blockchain configuration? Only 200 characters!
How promising is and will be the everyday application of blockchain technology? Only 200 characters!
Which method, in your opinion, is best for achieving an appropriate degree of personal data protection and is auditable? Why? There are only 100 words!
In addition to watching the video included in this week’s resources, the answers to the questions above require a thorough grasp of the article in question. Because this is a hot topic, there is a lot of research on which you can build your discussion.
NOTE: 1. Write a 700-800 word essay.
2. Respond to at least two posts from your peers’ discussions with at least two 400-450 word comments (replies).
3. Give credit to your sources (APA 7.0 ed).
4. A minimum of five references must be no more than three years old.