Blockchain v. Personal Data — A Rising Conflict Between Technology and the Law?

Detta är en Kandidat-uppsats från Lunds universitet/Juridiska institutionen; Lunds universitet/Juridiska fakulteten

Sammanfattning: This thesis examines the blockchain technology from a General Data Protection Regulation (GDPR) point of view. The focus area is the protection of personal data in blockchains. Blockchain can be summarized as a shared, decentralized ledger where data can only be added, not removed. In essence, it works like a trust-creator that has the potential to remove the need for middlemen. From a legal perspective, the most relevant areas of use are things like transitions of ownership, derivatives market trades, storage of transaction history, and supply chain management. The examination shows that most blockchains will process personal data in such a way that the GDPR becomes applicable. This is due to the wide definition of personal data together with the difficulties to successfully anonymize such data. The applicability of the GDPR evokes several responsibilities. This thesis focuses on the different obligations to erase personal data. It is shown that many blockchain configurations will directly violate the different obligations to erase. There may be methods to increase compliance, but none of them is without risk.

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