What is surveillance capitalism, and can crypto protect your privacy?
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Surveillance capitalism is a business model where tech companies collect personal data to predict and influence behavior for advertising. Crypto and blockchain technology offer potential solutions by enhancing privacy and limiting data extraction. Blockchain transactions do not require personal information, and cryptocurrencies like Monero and Zcash enhance user privacy. Blockchain can also be used for decentralized identities, secure healthcare data management, and data integrity with AI. The future of crypto includes adoption of privacy coins, blockchain in consumer data rights, regulation and standardization, and blockchain's role in IoT. However, regulatory frameworks and scalability issues need to be addressed.
#SurveillanceCapitalism #Crypto #Blockchain #Privacy #DataProtection
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