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How Decentralization Can Benefit Your Business: Evaluating Bitcoin, Hyperledger, Algorand, and Elixxir
Centralized services like Facebook, Microsoft, and Yahoo keep all your eggs in one basket. This means that bad actors only need to attack one weak link to compromise all your data. And there are many ways to do it, including DDoS, Man-in-the-Middle, and credential stealing to name a few. Decentralized services keep your data safe…
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Delivering Practical Privacy in Blockchain and DLT Applications
In the early days of crypto, privacy was a critical focus in blockchain development but difficult for the average user to achieve. From 2011–2014, creating multi-signature transactions was considered a cutting-edge technique that provided advanced users more privacy and security than executing standard peer-to-peer transactions alone. Now multisig is standard and more user friendly than…
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GDPR and Self-Sovereign Identity: What Lies Ahead
GDPR and self-sovereign identity share a lot in common. GDPR regulates “the right to be forgotten” and self-sovereign identity enables it for the decentralized web. So, when and how will these two privacy functions intersect? Self-sovereign and decentralized identity (DID) solutions like Sovrin or Ethereum’s uPort represent innovative opportunities for data ownership that use blockchains…
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BEAM and the MimbleWimble Protocol Breathe Life Back into Online Privacy
Developing secure, self-sovereign software that preserves user privacy is urgently needed to restore confidence in the online mainstays we use every day. This is the premise of privacy-focused cryptocurrencies like BEAM.
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How Blockchains and Decentralized ID Solutions Flip the Switch on Privacy
In Developing Blockchain Standards for the Decentralized Web, I wrote about 3 core use cases that will help operationalize Web3 in the coming years. Here I explore decentralized identity (DID) solutions and why blockchain interoperability matters. In my next article, I will focus on today’s regulatory landscape and how decentralized IDs are positioned to interoperate with current regulations…
