The increasingly instrumented and sensor-laden edge is making it difficult for people to find alone time and evade prying digital eyes. The challenge only promises to get bigger as consumer and industrial IoT continue to shed unwelcome light on our personal lives and our personal data. The issue of privacy is becoming a prominent topics of ethics and legality. What can you do as a member of the C-suite to steer your business with a privacy first compass?
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If you hang out in blockchain circles for more than a moment you will undoubtedly hear about smart contracts. In 2017, when blockchain was the disruptive technology du jour, crypto pundits at the time claimed that smart contracts would quickly disintermediate escrow companies, freight forwarders, medical insurance claim processors, financial clearinghouses, and middlemen across all industries. Five years later, none of these “disruptions” have happened nor are they close to happening. Traditional intermediaries continue to enjoy their place in their respective industries. While Ethereum, the crypto network which is the basis for the nascent but heavily hyped DeFi (Decentralized Finance) phenomenon, and the overhyped NFT (Non-Fungible Tokens), has come a long way in terms of market value, few smart contract applications founded on it have scaled to a degree to pose a threat to traditional contractual media or networks.
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