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Analysis

Blockchain Users To Walk Tightrope In Age Of GDPR

Law360 (May 24, 2018, 6:16 PM EDT) -- Confusion reigns over how the European Union's new data regime coming on the books Friday will address blockchains, the decentralized data trails that facilitated the rise of the cryptocurrency bitcoin. Elements of the emerging technology appear to clash directly with the law's rules for deleting and minimizing data. But industry lawyers say a delicate coexistence between blockchain and the General Data Protection Regulation is on the horizon — though getting there won't be easy.

"There will be a period of chaos, but eventually a consensus will emerge, and usually the consensus ends up being very pragmatic," Winston Maxwell, a Hogan Lovells...

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