Anne Rose, Associate and Co-Lead of the Blockchain Group at Mishcon de Reya, has been published in Computers and Law, explaining the evolution in distributed ledger technology, and raising some potential GDPR pitfalls.
An evolution of distributed ledger technology (DLT) is gaining momentum: directed acyclic graphs (DAG). Owing to its enhanced validation mechanism, high scalability, support for Internet of Things (IoT) and multi-party involvement, DAG may start to overtake blockchain as a more popular form of DLT. The potential of this technology to address some of the failures in traditional blockchain architecture could result in wider spread adoption of DAG. However, companies considering using this technology will need to consider the resources available to support them in complying with their obligations under the General Data Protection Regulation (GDPR).
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