[2017-10-08] According to Harvard Business Review, Blockchain Key To Reclaiming

[gokayc]

Data breaches like the recent Equifax and Deloitte hacks have brought bright attention to the fact that personal data is not secure. In a host of areas, data is at risk from breaches that would result in the loss of privacy and perhaps finances.

The Harvard Business Review (HBR) thinks that Blockchain technology has to power to keep data safe for consumers and businesses alike. Because Blockchain provides a secure and immutable ledger, HBR says it represents the key to taking back privacy of data. According to the article:

    “You can keep certified copies of identity documents, biometric test results, health data, or academic and training certificates online, available at all times, yet safe unless you give away your key. At a whole system level, the database is very secure.”

Already moving

Each of these areas already has Blockchain technology pilots in place as companies seek to use the distributed ledger system to both protect data and maintain access. As mainstream publication and awareness grows, the nascent technology will continue to gain adoption in new and diverse areas.

https://cointelegraph.com/news/according-to-harvard-business-review-blockchain-key-to-reclaiming-data-privacy

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[jseverson]

“You can keep certified copies of identity documents, biometric test results, health data, or academic and training certificates online, available at all times, yet safe unless you give away your key. At a whole system level, the database is very secure.”

I love that Blockchain technology is getting the respect it deserves, and from very reputable sources, no less. It's all speculation at this point, and there will be several kinks to iron out, but I believe it will truly revolutionize the world like the way social media did. I'm sure several potential applications will emerge from here on out.

I know the rise of Blockchains doesn't automatically mean the rise of Bitcoins, but emerging from the same technology should at least convince a few people that Bitcoins are here to stay, and that they may as well jump on the bandwagon.

[cpfreeplz]

Isn't this pretty much exactly what Bloom is? I read their little blurb after that massive equidistant leak but I didn't hear anything new at this point.