With wide-ranging implications, one of the key areas of GDPR is that it gives customers the right to compel businesses to delete any trace of their information from company servers (known as the right to be forgotten). This creates real incentives for more secure storage and handling of personal data.
Any company that handles the data of a single European citizen must comply with GDPR or incur incredibly costly fines for minor infractions. It’s important to note as well, that the scope of the legislation is not limited to Europe, but rather to any business or service that welcomes EU citizens as users – a significant point, given that the proliferation of major breaches of business databases occurs on a global scale.
The California Consumer Privacy Act (CCPA) is another noteworthy piece of regulation focussed on data privacy, which came into effect at the start of 2020. Whilst there are some differences in the scope of CCPA in comparison to GDPR, there are also a number of similar rights, such as the right to be informed, the right of access, and the right to portability.
NB: None of the above is intended as legal advice. Please speak to a legal representative for information on how these regulations may affect your company.
Everything we do is based on privacy, security and data minimisation, and we’re compliant with GDPR and CCPA.
We believe personal information should be owned and controlled by the person, and that privacy is a fundamental human right. There needs to be a fundamental shift in the way personal data is stored. Nuggets is that shift.
Nuggets uses blockchain and IPFS technology to achieve verified zero knowledge storage. All functions of the Nuggets platform are performed on a zero-knowledge basis.
With Nuggets, you can create verified, trusted self-sovereign digital identities. Each completed transaction adds to a permanent private record, adding to the user’s reputation. So their identity becomes more valuable and trusted over time. By linking each user to a continuously updated, dynamic transaction history, we create the highest standard of identity.
Please check our Privacy Policy for more information.
Nuggets is a white-label identity solution. Deploy it the way that makes sense for you and your customers. It integrates with compliance processes, payments and your customer experience.
Consumer-grade and enterprise-ready.
Nuggets is available on Android and iOS, desktop and multiplatform.
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