General Data Protection Regulation GDPR

GDPR: Balancing Privacy And Innovation To Create Opportunities In Banking

The season three premiere of the sci-fi drama Black Mirror features a dystopian world in which everyone rates personal interactions on a scale of one to five. This creates a public social ranking that has chilling implications for the well being and liberty of citizens. This type of social ranking is now becoming a reality in China, with the growth of a government endorsed Social Credit System where 1.3 billion people will be able to similarly judge each other’s trustworthiness. We are already seeing this score impact everything from job prospects, to how easily you can get a restaurant reservation, to the speed at which a ride-hailing system responds to your request.      read rest of article.....


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