Recently, the UK’s Department of Work and Pensions (DWP) trialled the use of the blockchain to pay welfare benefits to the unemployed and disabled, and this raised privacy concerns. The scheme would see claimants receive and spend money using an application on their phones. And with their consent, their transactions are being recorded on a blockchain to aid financial management.
How will your data strategy be impacted? GDPR deadlines are now only 12 months away and with the potential fines being severe, organisations and their CDOs and equivalents have been making moves to consider the immediate risk mitigation options to ensure that they are compliant on time. But, rather than considering only the short-term impact,…
If you’re asking yourself whether the hype around blockchain is worth looking into it, the answer is yes. You should definitively look to understand what the is fuss all about because there is a high probability that it will impact your work, your business and potentially your day-to-day life much sooner that you realise!
Experts are commonly concerned about the immediate GDPR risk mitigation options, rather than understanding their longer-term corporate social responsibility implications around data and overall ethical behaviour.
Recently we were tasked with designing a live blockchain pilot for a major industrial client outside of the Financial Services industry. This was an interesting project as it included educational, product development and practical software building aspects.
