As more and more sensitive data about us is created, the importance of data privacy becomes more apparent. With major data breaches seeming to happen regularly, data privacy is more important than ever. While some blockchain applications improve upon the traditional model, they fall short on being able to control private data in a public setting.
However, there is a project that is aiming to tackle this issue of data privacy in a secure way that can help us improve industries like understanding our genes. The company is NuCypher, and I’m gonna tell you about how they are changing the landscape for data privacy in blockchain.
2:15- Proxy Re-encryption
3:32- Private Genetic Testing
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