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From course:

Blockchain in Modern Trade

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Question:

Lability

Author: David Dimonu



Answer:

Even when the process for giving and restricting access to information is solved to the satisfaction of all participants, the issue of liability remains. To whom are appeals made when confidential information is stolen by a malicious actor or shared with an unauthorized user? Who actually owns the data? These are complicated questions that will need to be answered, possibly in law, before Blockchains can capture all the information necessary to unveil the full power of the technology.


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