WhitePaperInclusiveDeploymentofBlockchainforSupplyChains:Part4–ProtectingYourDataSeptember2019WorldEconomicForum91-93routedelaCapiteCH-1223Cologny/GenevaSwitzerlandTel.:+41(0)228691212Fax:+41(0)227862744Email:contact@weforum.orgwww.weforum.org©2019WorldEconomicForum.Allrightsreserved.Nopartofthispublicationmaybereproducedortransmittedinanyformorbyanymeans,includingphotocopyingandrecording,orbyanyinformationstorageandretrievalsystem.ThiswhitepaperhasbeenpublishedbytheWorldEconomicForumasacontributiontoaproject,insightareaorinteraction.Thefindings,interpretationsandconclusionsexpressedhereinareare-sultofacollaborativeprocessfacilitatedandendorsedbytheWorldEconomicForum,butwhoseresultsdonotnecessarilyrepresenttheviewsoftheWorldEconomicForum,northeentiretyofitsMembers,Partnersorotherstakeholders.3InclusiveDeploymentofBlockchainforSupplyChains:Part4–ProtectingYourDataPreface1.Deployingblockchaintechnology:theneedfordataprotectionandpracticalefficiencies2.Realitycheck:obligationsinrelationtodata3.Protectingcommerciallysensitivedata4.Dataprotectioncompliance:GDPRasalens5.Blockchainsolutionsforcommerciallysensitivedataanddataprotectioncompliance6.ReconcilingblockchainanddataconfidentialityConclusionAppendix1GlossaryContributorsEndnotes56771015212223242527Contents4InclusiveDeploymentofBlockchainforSupplyChains:Part4–ProtectingYourData5InclusiveDeploymentofBlockchainforSupplyChains:Part4–ProtectingYourDataPrefaceThedeploymentofblockchainandotherdistributedledgertechnologiesinsupplychainsoffersconsiderableadvantages.Nevertheless,theirdeploymentandimplementationcanraiseconcernsabouthowbesttobothmeetdataprotectionlawsandprotectcommerciallysensitivedata.1Supplychainactorsmaybeunwillingtotakeonwhattheyperceiveasadditionallegalrisk,especiallyifdataprotectionobligationsbecome,orareseentobecome,undulyburdensome.TheEuropeanUnion’sGeneralDataProtectionRegulation,forexample,isattheforefrontofanewwaveofdataprotectionlegislationglobally,andbringswithitimportantpracticalandregulat...
