I wonder who the idiot was who confused @bochaco’s Thankscoins with another coin…?
Anyway, moving swiftly on… as I was listening to @fergish was talking about data security something popped into my head. With EU GDPR just around the corner, a lot of companies are starting to pay lip service to the fact that personal data should ‘belong to the individual’ - which is the core tenet of GDPR. Good, but how do you guarantee that?
Personal data is not like a bike. I know where my bike is, I keep it locked up and I know immediately if someone has stolen it or tampered with it. In most organisations our personal data is spread across servers, in various databases and spreadsheets, in the cloud, replicated in archives - basically it’s all over the place, maybe in thousands of different locations and it’s instantly replicable, so how can we ‘own’ it or being sure what’s being done with it? Sure, companies talk about audit trails, encryption, deduplication, pen testing, ediscovery, consent etc, but how do I as an individual know whether to trust them? I’m sure Equifax and Yahoo gave similar assurances in the past.
That’s why I like the idea of personal data stores like @bochaco’s wallet and also the idea of the personal information market. Rather than our personal data being harvested, sold on and used in ways we can’t understand or control, we should be able to vet access to that data and license it to interested parties on the basis of ‘what’s in it for me?’
The idea has been around for a while but has yet to gain much traction. Perhaps it’s just waiting for a truly trustworthy platform to be in place.