Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
What's Hot

Cardano founder Charles Hoskinson is taking “a break”

2026-06-04

Cardano fuels Brazil’s Olympic technology push with blockchain and AI

2026-06-04

Drip.Trade NFT Exchange on Hyperliquid will close on June 15

2026-06-04
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Cardano fuels Brazil’s Olympic technology push with blockchain and AI

    2026-06-04

    The movement centers on stablecoin payments as the layer 2 boom loses momentum

    2026-06-04

    Cardano partners with Token Terminal to improve access to on-chain data

    2026-06-03

    France intercepts sanctioned tanker Tagor linked to Russian oil trade

    2026-06-03

    XRP to be included in Bitwise’s first-ever $259 million tokenized fund, CEO speaks out

    2026-06-03
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Bank of England stablecoin caps may choke the UK’s pound-token market before launch

    2026-06-03

    Europe is actively trying to stop the takeover of the dollar stablecoin

    2026-06-01

    How a disputed $1 billion claim became a powerful weapon against prediction markets

    2026-05-31

    The US says it has captured Iran’s cryptocurrency with a $1 billion seizure

    2026-05-31

    Hyperliquid’s HYPE rally is bigger than a new all-time high

    2026-05-31
  • Analysis

    Rumor had it that Zcash stopped working

    2026-06-04

    Rumor had it that Zcash stopped working

    2026-06-04

    XRP Price Takes Another Hit as Bitcoin-Led Weakness Spreads Across Crypto

    2026-06-04

    Bitcoin’s Plunge to $65,000 Leaves Traders Paying to Protect Against a Drop to $50,000

    2026-06-04

    Bitcoin price bursts lower, opening the door to more pain

    2026-06-03
  • Learn

    Williams %R Indicator in Crypto: How to Use %R in Crypto Trading

    2026-06-03

    What Is a Semi-Fungible Token? SFT Crypto Explained

    2026-06-02

    Pennant Chart Pattern in Crypto: How Bullish and Bearish Pennants Work

    2026-06-02

    Head and Shoulders Crypto Pattern: How It Works and How to Read It

    2026-06-01

    Crypto Triangle Patterns: How to Spot and Read Them

    2026-06-01
  • Blog
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»US and China are the personal data of Europeans money laundering – Is Blockchain the solution?
Blockchain

US and China are the personal data of Europeans money laundering – Is Blockchain the solution?

2025-08-29No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Incogni, a digital privacy company, has conducted a study into American and Chinese platforms that harvest sensitive data from Europeans. Despite alleged digital protective laws, these apps can bypass them.

Blockchain technology can solve these problems, but the dominant forces of the internet go in the opposite direction. It will be a hard fight.

Digital privacy violations in Europe

Since the earliest days, the crypto community has had a strong interest in digital privacy. Bitcoin was established to be reliable, anonymous and decentralized.

However, the internet in 2025 is a very different place than 2009. A select number of platforms controls a lot of traffic and they are all harvesting data:

Although Europe leads to legislation for personal data protection, the researchers of incogni reveal with regard to practices of foreign developed applications and how they handle data from European citizens. Applications developed by foreign entities can easily operate in gray areas that are wide open the personal data of EU and British citizens for access to third parties, ”Darius Belejevas, head of Incogni, told Beincrypto.

According to new research published by Incogi, large platforms in the US and China are involved in systematic violations of digital privacy. The government often investigates American social media appsAnd we can easily assume that China uses comparable methods.

The Incogni study was aimed at Europe and the conclusions about app-based data collection are quite amazing. Although the continent apparently has strict digital privacy laws, these foreign platforms control a large part of the data.

It is easy to imagine how this problem can be much worse in other regions.

See also  Blockchain's fate in the doldrums as EV markets face sluggish growth

Data collection in Europe. Source: Incogi

Can blockchain help?

So how can blockchain technology ensure digital privacy? Web3 applications such as Self-Sovereign Identity (SSI), Decentralized Identification Data (DIDS) and Tokenized Data market laces offer a model where users check information and selectively publish it via cryptographic evidence, thereby preventing bulk harvest and cross-border leakage.

Unlike centralized apps, blockchain systems keep verification locally and transparent. By embracing the origin of crypto as a radically decentralized system, citizens in the UK, the EU or another country may be able to protect their digital privacy.

However, this optimistic scenario seems very unlikely. Cyber ​​security experts are worried about a trend in crypto -wamid: what is a warning if nobody succeeds?

These platforms probably not only allow huge numbers of users to show off their data collection methods. Privacy-oriented enthusiasts may have to build parallel structures.

Can it replace messages, entertainment, social media and more on blockchain -based platforms? These replacements would require an important acceptance of users -a messaging app where you cannot send anyone, a streaming -app without content, and so on, would be useless.

Obstacles imposed by the government

Such as the recent American plan to place economic data on the blockchain, motivated governments are able to use this technology for powerful new use cases.

If this type of plan had a real buy-in from EU governments, privacy experts could force these platforms to allow OBFUScation technologies based on blockchain.

There is only one question: are EU governments interested in digital privacy? Mica regulations suggest that they are not, but other recent incidents provide further evidence.

See also  What are ethic papers? Inscriptions on the Ethereum Blockchain, explained

The Online Safety Act (OSA), the attempt by Great Britain to verify the digital age, has proved horribly unpopular and even profitable criticism of human rights.

It requires websites to specify any pretension of digital privacy and to check the identity of each potential user before they have access to the platform. It seems that the EU tests comparable requirements.

In short, the prevailing headwind of the internet does not give in favor of digital privacy. Dedicated developers can build solutions based on web3, but it will be a long and tough fight. Yet blockchain technology is the best way to realize this dream.

Source link

Blockchain China Data Europeans Laundering Money personal solution
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Cardano fuels Brazil’s Olympic technology push with blockchain and AI

2026-06-04

The movement centers on stablecoin payments as the layer 2 boom loses momentum

2026-06-04

Bitcoin falls to local lows of $61.4K as key data signals a major bearish turn

2026-06-04

Cardano partners with Token Terminal to improve access to on-chain data

2026-06-03
Add A Comment

Comments are closed.

Top Posts

LayerZero on the Rise: ZRO Bullish Momentum Points to New Highs

2024-07-06

Solana (SOL) is facing a bearish setup – the price could fall again if USD 175 breaks

2025-10-21

Glass ceiling cracks as women rise in Web3

2025-07-13
Editors Picks

Dogecoin (Doge) Bleed further – Fresh weekly depth test investor patience

2025-04-04

Crypto Exchange Okx partners with Manchester City to launch Mintable football shirts as digital collectibles

2024-04-22

Understanding ZKsync: An Ethereum Layer-2 Solution

2024-06-24

Binance co-founder dispels rumors that Crypto Exchange is asking for tokens ahead of listing

2024-11-05

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Cardano founder Charles Hoskinson is taking “a break”

Cardano fuels Brazil’s Olympic technology push with blockchain and AI

Drip.Trade NFT Exchange on Hyperliquid will close on June 15

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
© 2026 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.