The Working Group gathers mutual interest amongst INATBA members to obtain more guidance and particular help from the regulators. This may lead to issued guidance, on the European level from the EDPB, change of current regulations and taking this key technology into account when drafting new regulations.
Objectives
The Working Group has selected three objectives around which it will carry out its annual work:
• Conduct a broad survey to substantiate the efforts and understand in more detail how blockchain projects perceive privacy regulations, in particular the General Data Protection Regulation (GDPR), and how it impacts them.
• Understand how privacy regulation around the globe impacts on blockchain (projects).
• Strengthen the connection with the European Data Protection Board (EDBP) and input on the expected opinion/guidance on blockchain.
Report: Data Protection Regulations Applicable to Blockchain Technology in Different Jurisdictions Worldwide – 2021–2022 edition |
Report: Data Protection Regulations Applicable to Blockchain Technology in Different Jurisdictions Worldwide – 2020 edition |
The Impact of Data Protection Regulations on the Blockchain Ecosystem |
Response to Draft Council Regulation on Encryption |
Privacy regulations, and their unclarity with regard to blockchain, are currently a limiting factor in the development of distributed systems and networks. As regulators currently work on the assumption client-server architecture for IT systems, there are no provisions for blockchain/DLT.