Blockchain & AI: Friend or Foe to Privacy? | by Gokhan Polat ☀️ | DataBulls | Feb, 2024

I first met Punit at the ISACA Digital Trust World event in Dublin. He is one of the chapter leaders for ISACA Brussels. He has aggressively advocated for privacy rights and educated people on the best data protection procedures. He also develops podcasts to raise awareness about data privacy issues. During our conversation, he raised questions about blockchain and AI technology, as well as its implications for privacy concerns. Now, in this blog, I’ll relate what we discussed.

Could you introduce yourself?

Hello everyone. My name is Gokhan Polat, and I live in Istanbul, Turkey. I am the Strategy and Business Development Lead at Averest, a technology training firm affiliated with ISACA, ISC2, PeopleCert, and IAPP. We specialize in IT governance and security training and certification. I am also an APMG-accredited ISACA trainer. My marketing and business development skills enable me to see the value of various technologies and establish new value propositions for a variety of stakeholders. That is my primary concentration and passion. Thank you for your attention.

1. What is blockchain?

Blockchain is a shared/distributed transaction ledger that numerous parties can access and share. It uses encryption and peer-to-peer technology to secure and record transactions in an immutable chain of events with no trusted central authority. The primary advantage of blockchain is that it allows commercial transactions without the requirement for a trusted intermediary or compulsory system administration.

Distributed ledgers are those that exist between several participants or locations. The distribution of ledger data across various participants reduces the need for a central authority or intermediary to process, validate, or authenticate transactions. The blockchain distributed ledger differs from other types…