Out-Law News | 13 May 2020 | 2:11 pm | 1 min. read
The Information Commissioner's Office (ICO) said that while it does not formally endorse "other regulators’ guidance", it has no plans to publish guidance of its own specific to the use of blockchain and data protection law "in the near future", and described the guidance developed by CNIL, the French data protection authority, as "useful to people working in this field".
The CNL guidance, which seeks to ensure the use of blockchain technology complies with the General Data Protection Regulation (GDPR), has been translated into English by the French authority.
Data protection law expert Rif Kapadi of Pinsent Masons, the law firm behind Out-Law, said: "While the ICO has not formally endorsed the CNIL's blockchain guidance, it is clear that it is an authoritative document and resource that many different organisations exploring how to use blockchain technology will find useful for addressing issues of data protection compliance. The guidance provides a welcome steer and analysis of how central GDPR requirements apply to blockchain development, including in respect of core compliance governance questions. It also flags the main pitfalls facing businesses using blockchain where personal data is involved."
08 Oct 2018