Blockchain and Data Privacy with lawyer Prof. Nikolaus Forgó

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Prof. Dr. Nikolaus Forgó is the Head of the Department of Innovation and Digitalisation in Law at the University of Vienna in Austria. We are talking about the implications of GDPR on Blockchains. What should Blockchain developers do? Where can data protection law be a problem? What are the most important regulations you should invest your 2 minutes of time on.

Nikolaus Forgós reading recommendations:
Code: And Other Laws of Cyberspace, Version 2.0 Lawrence Lessig
Bitcoin Whitepaper von Satoshi Nakamoto
Nikolaus Forgós Podcast recommendations:
Stratechery Podcast
Logbuch Netzpolitik
Lage der Nation

Interdisciplinarity is always very popular and it’s very hard to live. – Prof. Dr. Nikolaus Forgó

I don’t trust anybody predicting the future. – Prof. Dr. Nikolaus Forgó

The importance of nation states is decreasing. – Prof. Dr. Nikolaus Forgó

As long as the volatility problem is not solved I do not think that the average enduser will use Bitcoin for day-to-day payments. – Prof. Dr. Nikolaus Forgó

The huge potential is that the banks and trustees might not longer be needed. – Prof. Dr. Nikolaus Forgó

My interest at the moment is in how far the whole ecosystem can be replaced by blockchain technologies no longer needing trustees. – Prof. Dr. Nikolaus Forgó

Take data protection serious, but not too serious. – Prof. Dr. Nikolaus Forgó

Law is always late when it comes to technolgical developments including blockchain. If you simply read GDPR you will see quickly that this is not really practical on the average blockchain. It’s a constant challenge to try to adapt those outdated legal instruments on newly approaching phenomenons. – Prof. Dr. Nikolaus Forgó

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