How does blockchain technology influence the way personal data is stored, shared, and protected?
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How does blockchain technology influence the way personal data is stored, shared, and protected?
Blockchain technology influences the way personal data is stored, shared, and protected by providing a decentralized and secure method of storing data. Data in a blockchain is stored across a network of computers, making it more difficult for hackers to manipulate or steal the information. When data is shared via blockchain, it is encrypted and can only be accessed by authorized parties. This helps in ensuring the privacy and security of personal data. Blockchain also allows for transparent transactions, giving individuals more control over their data and how it is shared.