6

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Szakpolitikai terület
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Blockchain and the General Data Protection Regulation

24-07-2019

In recent times, there has been much discussion in policy circles, academia and the private sector regarding the tension between blockchains and the European Union’s General Data Protection Regulation (‘GDPR’). Whereas, the GDPR is based on an underlying assumption that in relation to each personal data point there is at least one the data controller, blockchains make the allocation of responsibility and accountability burdensome. Further, although the GDPR is based on the assumption that data can ...

In recent times, there has been much discussion in policy circles, academia and the private sector regarding the tension between blockchains and the European Union’s General Data Protection Regulation (‘GDPR’). Whereas, the GDPR is based on an underlying assumption that in relation to each personal data point there is at least one the data controller, blockchains make the allocation of responsibility and accountability burdensome. Further, although the GDPR is based on the assumption that data can be modified or erased where necessary to comply with legal requirements, blockchains, however, render the unilateral modification of data purposefully onerous in order to ensure data integrity and to increase trust in the network.

What if blockchain offered a way to reconcile privacy with transparency?

27-09-2018

One of the most appealing aspects of blockchain technology is the degree of transparency that it can provide. Blockchain has the potential to improve supply chains and clinical trials, enforce the law, enable responsible consumption and enhance democratic governance through a traceability of information as a means of ensuring that nothing is unduly modified. The level of transparency that blockchain brings forward adds a degree of accountability that has not existed to date. At the same time, one ...

One of the most appealing aspects of blockchain technology is the degree of transparency that it can provide. Blockchain has the potential to improve supply chains and clinical trials, enforce the law, enable responsible consumption and enhance democratic governance through a traceability of information as a means of ensuring that nothing is unduly modified. The level of transparency that blockchain brings forward adds a degree of accountability that has not existed to date. At the same time, one of the most appealing aspects of blockchain technology is the degree of privacy that it can provide. How could blockchain safeguard the rights to privacy and control over one’s data, whilst promoting data transparency?

What if blockchain were to be truly decentralised?

27-09-2018

Technological systems, once introduced in a particular socio-economic context, often evolve in unforeseen ways and may fall prey to unexpected power relations. Blockchain, as a technology that relies on decentralisation to enable storing and securing data-based transactions without central administration, is currently facing significant centralisation pressures that may undermine the purpose of operating a decentralised blockchain network. But what if blockchain fulfilled its promise to be truly ...

Technological systems, once introduced in a particular socio-economic context, often evolve in unforeseen ways and may fall prey to unexpected power relations. Blockchain, as a technology that relies on decentralisation to enable storing and securing data-based transactions without central administration, is currently facing significant centralisation pressures that may undermine the purpose of operating a decentralised blockchain network. But what if blockchain fulfilled its promise to be truly decentralised?

Virtual currencies and central banks’ monetary policy: challenges

31-07-2018

For the Monetary Dialogue session taking place on 9 July 2018, monetary experts were asked to analyse the challenges related to the virtual currencies and central banks’ monetary policy. This note, provided by Policy department A, lists the in-depth analyses prepared by the experts.

For the Monetary Dialogue session taking place on 9 July 2018, monetary experts were asked to analyse the challenges related to the virtual currencies and central banks’ monetary policy. This note, provided by Policy department A, lists the in-depth analyses prepared by the experts.

The advent of blockchain in trade

16-07-2018

Blockchain is a fairly new technology that is still evolving. Initially used for digital currencies, most research into this technology has been carried out for the finance industry. In recent years, however, research and development on supply chains and trade-related business processes have also gained ground. Start-ups and large companies have already exploited a wide range of blockchain-based applications in these areas, but the opportunities generated by this technology in international trade ...

Blockchain is a fairly new technology that is still evolving. Initially used for digital currencies, most research into this technology has been carried out for the finance industry. In recent years, however, research and development on supply chains and trade-related business processes have also gained ground. Start-ups and large companies have already exploited a wide range of blockchain-based applications in these areas, but the opportunities generated by this technology in international trade have yet to be fully exploited.

What if technologies shaped the law?

07-06-2018

Is there a relationship between law, technological innovation, and regulatory governance? Are technologies ordinary objects of formal law that can fit into the traditional doctrinal classification? What if technologies were legal artefacts that question and challenge the traditional boundaries of legal thought? Has technology been developed to the extent that it exerts the functions of law? Is there a gradual shift from the traditional notion of "code is law" (i.e. code having the effect of law) ...

Is there a relationship between law, technological innovation, and regulatory governance? Are technologies ordinary objects of formal law that can fit into the traditional doctrinal classification? What if technologies were legal artefacts that question and challenge the traditional boundaries of legal thought? Has technology been developed to the extent that it exerts the functions of law? Is there a gradual shift from the traditional notion of "code is law" (i.e. code having the effect of law) to the new conception of "law is code"?

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