GDPR demands massive resources from companies working with user data. European companies spent around $ 7.8bn to fulfill GDPR requirements in 2017. Ongoing costs due to user support and other GDPR requirements are further increasing this number. The decentralized world and it’s networks propose great solutions for GDPR compliant private data computing. Companies can delegate data ownership to their users and access data only when meeting specific criteria, all defined through smart contracts.
companies need to be compliant with GDPR’s privacy by design & by default rules.
slant private data computing platform is GDPR compliant.
The first private data module hosted by Priveos is a smart contract based access control protocol which offers delegation of data access management to a smart contract. check out the video to get to know how it works!
Private Data Computing needs a distributed Node Network like Priveos which
Priveos achieves all three functions through a network of over 30 independent node providers who are governed by a DAC (decentralized autonomous community). The software architecture of the Priveos node network is highly secure and allows a range of private data computing modules to run on top of it.
Block Producer and interested in getting some extra salary?
App developer who wants to profit from our private data computing modules?
Company planing to decentralize but are lacking necessary infrastructure?
Join our Node Network now! We are currently giving restricted access to our testnet, so get in touch!