Marijn Storm has been quoted in an article by Bloomberg Law about the prospective “collision course” between the EU General Data Protection Regulation’s “right to be forgotten” and blockchain technology with its defining feature that it “never forgets” the data and information it contains. Many companies are currently navigating this complex issue and this fast-moving technology.
“I’ve been asked if blockchain is legal or illegal so many times. It depends on how the technology is used. Legal uncertainty can be a reason not to use blockchain and is leading companies to adopt a wait-and-see approach.”