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PRIVACY ISSUES IN DATA SCIENCE TECHNOLOGIES

Data science was described as the sexiest career in the 21st century in a Harvard Business Review. However, its practices have a huge impact on consumer privacy. Distributed ledger technologies combined with differential privacy may help in the future to preserve privacy in data science

MY DATA IS NOT A CURRENCY

Distributed Ledger Technology (DLT) has been applauded by many as the future of data privacy and security. The technology provides unparalleled opportunities for revamping the internet and for ensuring that data owners have control over their data. Moreover, it provides us with a basis for demanding that third parties who want to use our data, are authorized. When DLT is leveraged for data privacy, our data will stop being a currency for trade by a tiny handful companies.