kaal:claim:2998033-005

Blockchain creates a data protection paradox: the technology itself offers strong privacy protection, yet storing blockchain data across a global network of nodes will often violate specific consumer protection rules and directives in individual jurisdictions.

While blockchain technology itself offers unprecedented genuine data and privacy protection, the storage of blockchain data across a global network of nodes often will not comply with specific consumer protection rules, directives, and guidelines around the world.

Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017), II.4. Limitations, p. 12
https://ssrn.com/abstract=2998033 · source PDF

Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2998033

• applies where consumer protection or data protection rules impose jurisdiction specific storage requirements

failuresupport: arguedfailure: cross-border-node-storage-noncompliancefamily: privacy-and-surveillance-riskconsensus-and-securitylaw-and-legal-systemscompliance

• restated_by kaal:claim:3071378-010 Although blockchain technology itself offers genuine data and privacy protection, storing blockchain data acro...
• restates kaal:claim:2939127-028 Although blockchain technology itself offers unprecedented data and privacy protection, storing blockchain dat...

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