The age of digitalization creates space for many new, exciting innovations. Through the Internet of Things and technologies such as blockchain, new ideas and business models can be developed that have the potential to change the world. But beware, in this digital age, data protection is a major hurdle. In particular, the new requirements of the General Data Protection Regulation (GDPR) are upside down for companies in many of their long-used processes and call for changes in the handling of personal data.
In his article “with blockchain to new business models”, our Sascha Hellermann explains how blockchain technology can be used to establish long-term trust relationships and who can benefit from it and how.