“With so much data from individuals, it has become possible to solve various social problems. At this time, the information should be properly disclosed. We can’t solve the problem by just encrypting everything and keeping it private. We need to find a balance between transparency and privacy.”
At the Korea Blockchain Week(KBW2019)’s main conference in South Korea held in Seoul, Oct. 1, an discussions on ‘data sovereignty and DID’ were held. Justin Park, CEO of Metadium, was the moderator of the discussion, while Brittany Kaiser, founder of DATA, Xan Ditkoff Blockstack, production partner of BlockStack, and Caroline Malcolm, head of the OECD Blockchain Policy Center, were present as panelists.
Brittany Kaiser said “It is important to educate children on what user platforms mean and what it means to use devices. We should make sure that children know how to protect their data.”
Caroline Malcolm said “DID(Decentralized ID) is a new concept for a centralized government. We are looking at the social and economic ripple effects of DID, as well as how it affects businesses and individuals.”