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Why cryptocurrency is the future of electronic cash systems
... in-person, these systems have become the preferred payment method over cash. However, a number of large-scale hacks of centralized databases put consumer privacy at great risk. **Blockchain has the ability to solve this issue by creating greater data security, making cryptocurrency payments safer for users.** There’s already a number of large blockchain projects working toward solving major ...
Path: BlogCyprus has transferred to Moscow Russian bank account holders data for 2017
...2014. Doubts that Cyprus was honest with Russia in the context of new relations arose three months ago when Switzerland decided not to share tax information with Cyprus. The Swiss concluded that Cyprus does not meet international requirements for data security and privacy. The Ministry of Finance of Cyprus assures that it is currently developing an "action plan" that will eliminate all the shor...
Path: BlogData protection during the health crisis: is GDPR confronted with Covid-19?
...s-border threats to health.” Putting it in a nutshell, the crisis resulting from coronavirus becomes the legal ground for data collection and processing. But there is still the need for confidentiality, data minimization, purpose limitation and data security, so the law cannot be obscured. Companies are trying to learn a fine line between privacy and protecting public health. Employers ar...
Path: Blog