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

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A decentralized future, with Web 3.0 and blockchain at its core, will provide the best practices in users’ privacy and data protection.
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.Regulations around the world are evolving rapidlyLast year, as more and more people spent time at home due to COVID-19 lockdowns, internet usage went up. And as usage has gone up, so too has consumer awareness of how data could be used or misused. For example, a recent survey from Startpage, a privacy-focused search engine company, found that 62% of Americans have

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Źródło: https://cointelegraph.com/news/concerns-around-data-privacy-are-rising-and-blockchain-is-the-solution

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