With new technologies frequently surfacing during an eDiscovery review, it is time for legal departments to take a deeper dive into blockchain so they can be prepared for what is to come. Legal professionals are aware of what blockchain is and may even use this technology for some business functions like smart contracts or payment for services via cryptocurrency. However, blockchain is still evolving and there are many unknowns about how this technology operates and what role it will play in both the legal industry and general business.
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Data privacy is an ongoing hot topic. Since the European Union’s General Data Privacy Regulation (GDPR) became effective in 2018, many nations have followed suit and passed or proposed laws providing consumers with more control over their data.
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By now, most people have undoubtedly heard of biometric-based technology and probably use it every day. Some examples are facial recognition for used for cell security, and voice recognition, like activating a home smart device. Behavioral characteristics can also be considered biometric data – like a person’s handwriting or keystrokes.
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If you operate as a B2B organization (business to business), you are either part of the supply chain, manage a supply chain, or you fit into both categories - the latter being the most prevalent. Tools like Bitsight provide insights and actionable data to make informed decisions on risks, regardless of where your business sits in the supply chain.
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