For many companies, GDPR compliance means significant changes to how they use and protect the data of their customers and website visitors. After a two-year transition period, it is now enforceable upon any company that processes the data of users in the EU.
The data that falls under GDPR regulation is any information relating to an individual, whether it relates to his or her private, professional or public life. This can be a name and address, a photo, email addresses, bank details, posts on social networking websites, medical information, or a computer’s IP address, for example.
Because of the breadth of data it covers, compliance with GDPR can become time-consuming, expensive, and confusing. Many non-blockchain and blockchain technology systems are not capable of meeting the regulatory requirements of GDPR, especially when it comes to Breach Notification, Privacy by Design and Data Portability.
ULedger’s Blockchain GDPR Compliance tools allow you to create and maintain a complete, immutable history of your organization’s data, including email communications, photos, bank details and personal records, regardless of file type or size. By plugging ULedger into their existing data infrastructure via open API, organizations obtain the technological tools to comply with GDPR requirements overnight. What’s more, ULedger includes robust querying and reporting capabilities for compliance audits and mathematical proof.
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