PRIVACY CHAIN

Revolutionary blockchain solution for secure data protection in Europe

GDPR is mandatory in Europe, but so far there are no intelligent platforms and no technical solution for companies or organisations (data consumers) to acquire the personal data of individuals (data owners) in a legally secure and sustainable manner.. There is no solution that enables the data owner to efficiently control or simply withdraw the subsequent use of their data; in fact, personal data is widely misused these days.. Likewise, there is as yet no smart subsequent use for the highly secure blockchain technology (besides cryptocurrencies and some logistics applications).

bitbase has identified these gaps and intends to use PRIVACY CHAIN to create a comprehensive technical and economic solution using blockchain technology and a revenue model for the first time, which gives the data owner back complete control over the use of their personal data and at the same time can create an EU or even global standard.

Funding programme

This project is funded by Invest BW.