Lexology January 4, 2018
There is no single model for blockchain systems. Unlike the Internet, blockchain has no single set of standards, meaning that the technology can be deployed in an almost infinite variety of configurations. Each project will therefore have to be analysed on its own distinct merits.
Private vs. public blockchains
From a privacy perspective, it matters greatly whether the blockchain is generally accessible or only accessible to parties that are members of a closed group.
For instance, this may influence the assessment of whether data is transferred to countries that do not ensure adequate protection.
On another level, it is possible that each party to the blockchain network only has “access” to part of the information stored via the blockchain.
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