Ephemeral Data Trust
February 28, 2018 by Christopher Keller Data protection, and more importantly, the right to be forgotten is all the rage. Legislation such as the General Data Protection Regulation (GDPR) is imposing significant penalties to organizations that do not implement robust controls around data privacy. At DataNexus, we think about data and its implications every day. Ingestion, transfer, storage, extraction, masking, and removal are all elements of our platform and integral to the problems we solve. We’ve recently began prototyping an approach to a data trust using the mechanics of the distributed ledger and built upon the DataNexus platform. Using the ledger, we openly record the events associated with encryption keys and movement of data collections between entities, such as a consumer and business. Each entity is represented by one or more unique wallet addresses. Within each wallet, we store the encryption keys to the collections owned by that entity and shared with other s