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Are “Smart Contracts” really contracts?
During the “Tomorrow’s Transactions Toronto 2016” conference on September 29, the moderator, David Birch made an interesting comment. I’ll paraphrase: “Smart contracts are neither contracts nor smart”. He used the hacked DAO (Distributed Autonomous Organization) “smart contract” programmed on the Ethereum cryptocurrency platform as an example. The DAO was established as a series of smart […]
Digital Identity – What is it? Who cares?
Read a great article this evening by Sachin Mahajan: Digital Identity: Peeling back the onion…. Warp Global is kicking off a really exciting project next week with several major international firms to do just this. It’s my expectation that the biggest challenge these firms will face isn’t articulating a strategy or even executing on it. The […]
Global Data Protection Regulation (GDPR) kicks in
Building privacy into the DNA of your organization has become even more crucial with the implementation of GDPR in the EU. Ryerson University’s Privacy by Design framework is baked into GDPR. Obtaining certification in Privacy by Design and baking the principles and controls into your systems just makes sense. Ken
Digital Identity and Our Right to Privacy
Today Ann Cavoukian, Ontario’s former Privacy Commissioner wrote a great article in Toronto’s Globe and Mail titled “Encryption is crucial to our privacy and freedom“. As we look at this issue on a global basis it becomes rather more complicated. Not every jurisdiction in the world bestows the right to privacy onto its citizens. The […]
Blockchain, Crypto Currency and Identity
The Institute of International Finance published a paper on November 16, 2015 titled “Banking on the Blockchain: Re-engineering the Financial Architecture“. It’s an excellent read for those still trying to come to grips with what blockchain technology is all about. A key point made in the paper is the need for international collaboration in order […]
Is the European Union missing the point wrt terrorism and cryptocurrency?
Coindesk today wrote about an EU crackdown on bitcoin after the Paris attacks. Cash is the default value transfer mechanism of choice for terrorists. If anything, cryptocurrencies like Bitcoin provide at least some capability for law enforcement and intelligence agencies to track down terrorists. Services like those offered by Elliptic provide transaction mapping capability which […]
Blockchain’s Potential Role in the Syrian Refugee Crisis
In a recent Coindesk article titled “Meet the Dad Who Registered His Daughter’s Birth on the Blockchain”, Santiago Siri explained why and how he did so. This got me to thinking about all the refugees leaving Syria and heading to continental Europe, Canada and the US. Many have no governmental identification whatsoever. They are interviewed […]