Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Concerns around data privacy are rising, and blockchain is the solution

Published 08/22/2021, 11:18 AM
Updated 08/22/2021, 01:00 PM
Concerns around data privacy are rising, and blockchain is the solution

Today’s consumers are willing to trade their data for personalization but have fast-growing concerns about data privacy. In a survey from a digital security and credential issuance company Entrust, only 21% of the respondents trust established global brands to keep their personal information secure.

As data privacy pressure on Big Tech increases, these companies are starting to make significant investments in security solutions.

Anne Fauvre-Willis is the chief operating officer of Oasis Labs and was an earlier contributor to the Oasis Network, a privacy-enabled blockchain platform for open finance and a responsible data economy. Before Oasis Labs, Anne had roles as a product manager/product marketing manager for the iPhone at Apple (NASDAQ:AAPL). She also worked for former U.S. Secretary of State Madeleine Albright at the Albright Stonebridge Group. Anne has an MBA from Harvard Business School and a BA from Georgetown University.

Continue Reading on Coin Telegraph

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.