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The blockchain´s weak link

3. June, 2020

Lára Herborg Ólafsdóttir, partner at LEX wrote an article in the business section of the Icelandic newspaper Morgunblaðið today on data protection and blockchain technology.

The GDPR, which was implemented into Icelandic law with Act no. 90/2018 on Data Protection and the Processing of Personal Data, was inter alia meant to respond to technological developments around the world and was set to be “technically neutral”. Despite those objectives, there seems to be tension in the application of the rules when it comes to blockchain technology.

In the article, Lára Herborg discusses blockchain technology and why it has been difficult to reconcile the use of blockchain technology with current data protection legislation.

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