First, it was "cloud computing," then "big data," followed by the "internet of things" and "artificial intelligence." Buzzwords from technological paradigm shifts that eventually push the privacy management envelope. So here we are in 2018, and the new buzzword seems to be "blockchain." Yes, it may be the future of secure banking, save companies tens of millions of dollars managing their supply chains, and revolutionize identity access management. But what the heck is it? Some of the world's biggest and most influential companies — not to mention, government regulators — are taking the promise of blockchain very seriously, and it will likely affect the jobs of privacy practitioners. At the very least, it's a concept about which privacy pros should have a basic understanding. In this first in a series of Privacy Tech posts on blockchain, Jedidiah Bracy, CIPP, offers an introduction to this burgeoning tech.
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