The age of digitalization creates space for many new, exciting and fancy 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. Above all, the new requirements of the General Data Protection Regulation (GDPR) are turning many of the processes companies have long used upside down and requiring changes in the way they handle personal data.
Our Sascha Hellermann explains in his article “mit Blockchain zu neuen Geschäftsmodellen” how long-term trust relationships can be established with blockchain technology and who can profit from it and how.