Role of Blockchain in Data Privacy | HackerNoon
Briefly

The increasing reliance on digital technologies raises the risk of data breaches, with over 422 million records exposed in Q3 2024 due to compromised systems and user negligence.
As digital platforms collect vast amounts of personal data to enhance user experience, the potential for misuse grows, leading to threats such as identity theft and financial fraud.
Blockchain technologies present a viable solution for ensuring data privacy by providing robust mechanisms to protect sensitive information from unauthorized access and exploitation.
Data privacy is crucial in protecting personal information from undue access, highlighting the need for organizations to implement stringent security measures in data handling.
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