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June 19, 2018

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May 21, 2018

Those organizations failing to meet the data privacy requirements outlined in this legislation will pay fines—€20M/$23.5M U.S., or up to 4 percent of annual worldwide turnover [revenue].

November 28, 2017

In April of 2016, the European Union replaced an earlier rule--the Data Protection Directive--with a newer, more comprehensive set of rules. This new document, which is called the General Data Protection Regulation (GDPR), goes live on 27 May 2018.

You may be wondering why you should care. Anyone doing business with people who live in the European Union will need to meet the Data Privacy requirements of this legislation or receive hefty fines--€20M/$23.5M US or up to 4 percent of annual worldwide turnover [revenue].

With fines this hefty and regulatory process yet to be fully-ironed out, it comes as a pleasant surprise to many that blockchai...

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