Large companies such as Google, Facebook, Microsoft and many other keeping data about us, some of those data we do not want them to keep. Can we protect our data been leaked from these companies to the third party? Can we choose what data we want to share with these companies?

This month is one of the most critical months in the data security and privacy for each of us, especially if we are European citizens. On the 25th of may, the EU’s new General Data Protection Regulation (GDPR) rules came into force. These rules includes sanctions on those who hold a database containing information about people living in EU countries.

What’s new?

The new privacy laws include a significant increase in the regulations of permitting the collection of information; If the companies were able to collect any information they deemed necessary to use their services, and were not obliged to update the user, the situation was reversed: according to the new regulations, collecting the information would require the consent of the citizen and the companies.

In addition, it will not be possible to collect information that is not directly related to the service provided by the company — for example, a flashlight application for Android can not save your contact list. This concept makes life difficult for narrow applications that collect and trade extensive information, but it is less problematic for large popular platforms such as Facebook, Google or Microsoft.

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Possible Solution

The possible solution could be an ecosystem that locates and identifies the movement of private information on the network, and allows the user to define, in a comprehensive and accurate manner, his agreements and disagreements regarding the sharing of his private information. Moreover the system will reward the users with tokens for the data that they choose to share with other partners in the ecosystem.

The basic rule is that the power goes to the users: Once the solution is implemented, it will decide whether the social network will collect information about it or not. There is project that called Bridge Protocol that already working on such system. You can find more information about the project in this link.

*Disclosure the writer of this article is a Bridge Protocol Ambassador.