Blockchain and distributed ledger technologies. Privacy and personally identifiable information protection considerations

Blockchain and distributed ledger technologies. Privacy and personally identifiable information protection considerations

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What is ISO/TR 23244 about?  

Blockchain and distributed ledger technologies (DLT) architectures can have a major impact on privacy and the protection of personally identifiable information. PD ISO/TR 23244 describes blockchain and DLT system architecture, with the major services and components identified. Within this architecture, the application of access management, security and cryptographic services to applications, APIs and storage across both DLT and non-DLT systems can protect personally identifiable information through technical and non-technical means. 

ISO/TR 23244 covers privacy enhancing technologies applicable to blockchain and DLT Systems. Privacy enhancing technologies offer an ability to protect data through a variety of means. Some of the current approaches include: 

  • Cryptographic techniques 
  • Network techniques 
  • Blockchain frameworks 
  • Channel-based techniques 

Who is ISO/TR 23244 for? 

ISO/TR 23244  on blockchain and distributed ledger technologies is useful for: 

  • Government financial management system 
  • Manufacturing companies 
  • Government authorities 
  • Regulatory bodies 
  • Research and development team 

Why should you use ISO/TR 23244 

Privacy and personally identifiable information (PII) protection issues are widely considered as a major barrier for the adoption of distributed ledger technologies-based solutions. The monitoring, review and continuous improvement of the blockchain and DLT system needs to be put in place to assure that privacy issues are addressed as an integral part of the operation of a blockchain and DLT system. 

ISO/TR 23244 identifies and assesses known privacy-related risks and the way to mitigate them, as well as the privacy-enhancing potential of blockchain and distributed ledger technology. 

ISO/TR 23244 provides you with privacy framework for blockchain and distributed ledger technologies (DLT) systems and covers components related to privacy and personally identifiable information protection in the context of blockchain and distributed ledger technologies (DLT) and their applications.