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http://dx.doi.org/10.13089/JKIISC.2018.28.6.1607

A Study on Legal Issues between the Application of Blockchain Technology and Deletion and the Third Party Supply of Personal Information  

Choi, Yong-hyuk (Graduate School of Information Security, Korea University)
Kwon, Hun-yeong (Graduate School of Information Security, Korea University)
Publication Information
Journal of the Korea Institute of Information Security & Cryptology / v.28, no.6, 2018 , pp. 1607-1621 More about this Journal
Abstract
The financial industry, which guarantees a credible transaction and can not permit forgery of its transaction information, has hitherto adhered to a traditional centralized ledger management method. However, the blockchain technology has a decentralization which has been regarded as unsafe for the time being, and the more reliable transaction agreement and data integrity are guaranteed The world's financial industry and the IT world is causing the wave. Nevertheless, the inherent characteristics of the blockchain, such as the irreversibility of block information within a blockchain and the sharing of blocks between blockchain participants, can not avoid conflicts with the privacy laws. The purpose of this study is to investigate the problems related to deletion and the third party supply of personal information by focusing on these characteristics of the blockchain and to suggest the technical alternatives of the applicable blockchain and the improvement direction of the personal information protection law for using of blockchain technology.
Keywords
Blockchain; Deletion of Personal Information; The Third Party Supply of Personal Information;
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