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Article: Is Distributed Ledger Technology Built for Personal Data?

TitleIs Distributed Ledger Technology Built for Personal Data?
Authors
KeywordsDistributed Ledger Technology (DLT)
Blockchain
Data Protection
Privacy
Immutability
Issue Date2017
PublisherHenry Stewart Publications.
Citation
Journal of Data Protection & Privacy, 2017, v. 1 n. 4 How to Cite?
AbstractSome of the appealing characteristics of distributed ledger technology (DLT), which blockchain is a type of, include guaranteed integrity, disintermediation and distributed resilience. These characteristics give rise to the possible consequences of immutability, unclear ownership, universal accessibility and trans-border storage. These consequences have the potential to contravene data protection principles of Purpose Specification, Use Limitation, Data Quality, Individual Participation and Trans-Border Data Flow. This paper endeavors to clarify the various types of DLTs, how they work, why they exhibit the depicted characteristics and the consequences. Using the universal privacy principles developed by the Organisation of Economic Cooperation and Development (OECD), this paper then describes how each of the consequence causes concerns for privacy protection and how attempts are being made to address them in the design and implementation of various applications of blockchain and DLT, and indicates where further research and best-practice developments lie.
Persistent Identifierhttp://hdl.handle.net/10722/251958
ISSN
2023 SCImago Journal Rankings: 0.161
SSRN

 

DC FieldValueLanguage
dc.contributor.authorChang, H-
dc.date.accessioned2018-04-09T09:29:46Z-
dc.date.available2018-04-09T09:29:46Z-
dc.date.issued2017-
dc.identifier.citationJournal of Data Protection & Privacy, 2017, v. 1 n. 4-
dc.identifier.issn2398-1679-
dc.identifier.urihttp://hdl.handle.net/10722/251958-
dc.description.abstractSome of the appealing characteristics of distributed ledger technology (DLT), which blockchain is a type of, include guaranteed integrity, disintermediation and distributed resilience. These characteristics give rise to the possible consequences of immutability, unclear ownership, universal accessibility and trans-border storage. These consequences have the potential to contravene data protection principles of Purpose Specification, Use Limitation, Data Quality, Individual Participation and Trans-Border Data Flow. This paper endeavors to clarify the various types of DLTs, how they work, why they exhibit the depicted characteristics and the consequences. Using the universal privacy principles developed by the Organisation of Economic Cooperation and Development (OECD), this paper then describes how each of the consequence causes concerns for privacy protection and how attempts are being made to address them in the design and implementation of various applications of blockchain and DLT, and indicates where further research and best-practice developments lie.-
dc.languageeng-
dc.publisherHenry Stewart Publications.-
dc.relation.ispartofJournal of Data Protection & Privacy-
dc.subjectDistributed Ledger Technology (DLT)-
dc.subjectBlockchain-
dc.subjectData Protection-
dc.subjectPrivacy-
dc.subjectImmutability-
dc.titleIs Distributed Ledger Technology Built for Personal Data?-
dc.typeArticle-
dc.identifier.volume1-
dc.identifier.issue4-
dc.publisher.placeLondon, UK-
dc.identifier.ssrn3137606-
dc.identifier.hkulrp2018/016-
dc.identifier.issnl2398-1679-

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