Blockchain Recordkeeping Stirs Privacy Concerns

Blockchain technology is finding use across industrial supply chains because it offers innovative recordkeeping – incorruptible entries, decentralized control and equal visibility. It also offers a tool for consumers and regulators to verify product safety and ethical sourcing. Blockchain records are, however, permanent and usually lack central controllers, features that seem to conflict with data deletion requirements and other privacy obligations. This article delivers insights that BakerHostetler attorneys presented during a recent Strafford CLE webinar about how to spot and address these challenges, navigate contractual relationships and evaluate blockchain’s usefulness. See “The Privacy and Antitrust Paradox in the Age of Data” (Feb. 16, 2022).

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