Skip to content

Brought to you by

Dentons logo

Tech Law Talks

The latest trends and developments in tech law to help you grow, protect, operate and finance your business.

open menu close menu

Tech Law Talks

  • Home
  • About us
  • Topics
    • AML/ KYC
    • Consumer Finance
    • Corporate
    • Crypto/Blockchain
    • Insurtech
    • Privacy
    • Payments
    • Securities

The privacy paradox in blockchain: best practices for data management in crypto

By Noah Walters and Sasha Coutu
June 9, 2022
  • Crypto/Blockchain
  • Fintech
  • Privacy
Share on Facebook Share on Twitter Share via email Share on LinkedIn

Blockchains are touted as next generation databases that promise to facilitate secure and efficient transactions between unknown parties. However, one of the primary pillars of a blockchain’s security is the fact that people with access to the blockchain can see the entire history of transactions executed on the blockchain – the result being that each party has an equal opportunity to verify the accuracy of information stored. But if all the information stored on the blockchain can be viewed by anyone with access to the blockchain, what happens when that information qualifies as “personal information” under Canadian privacy laws? Organizations that collect use or disclose “personal information” are subject to a variety of compliance obligations, which as we set out below, can be difficult to reconcile with certain blockchain fundamentals.

Read more here.

Share on Facebook Share on Twitter Share via email Share on LinkedIn
Subscribe and stay updated
Receive our latest blog posts by email.
Stay in Touch
Noah Walters

About Noah Walters

Noah Walters (He/Him/His) is an associate in the Banking and Finance group at Dentons. His practice involves representing blockchain, FinTech and other emerging technology companies on financing and regulatory matters.

All posts Full bio

Sasha Coutu

About Sasha Coutu

Sasha Coutu is an associate in the Privacy and Cybersecurity group and the Litigation and Dispute Resolution group at Dentons.

All posts Full bio

RELATED POSTS

  • Consumer Finance
  • Crypto/Blockchain
  • Payments

A future for money? Part 1 – Exploring Central Bank Digital Currency and Stablecoin Cryptocurrency systems

By Tracy Molino and Noah Walters
  • Corporate
  • Crypto/Blockchain

Assessing and managing risks in Decentralized Finance

By Tracy Molino and Noah Walters
  • Consumer Finance
  • Crypto/Blockchain
  • Payments

A future for money? Exploring Central Bank Digital Currency and Stablecoin Cryptocurrency Systems: Part 5 – Evaluating Stablecoins

By Tracy Molino and Noah Walters

About Dentons

Dentons is designed to be different. As the world’s largest law firm with 20,000 professionals in over 200 locations in more than 80 countries, we can help you grow, protect, operate and finance your business. Our polycentric and purpose-driven approach, together with our commitment to inclusion, diversity, equity and ESG, ensures we challenge the status quo to stay focused on what matters most to you. www.dentons.com

Dentons boilerplate image

Twitter

Topics

  • AML/ KYC
  • Consumer Finance
  • Corporate
  • Crypto/Blockchain
  • Fintech
  • General
  • Insurtech
  • Payments
  • Privacy
  • Securities

Subscribe and stay updated

Receive our latest blog posts by email.

Stay in Touch

© 2023 Dentons

  • Legal notices
  • Privacy policy
  • Terms of use
  • Cookies on this site