These folks can’t keep safe the data they sell to others, let alone the data they have promised to protect, continues Prof. Cooper. In fact, just two weeks ago Facebook said “Sorry” when photographs of some 7 million users were hacked. “Sorry” doesn’t cut it any longer.
With the State retreating from data governance, the new technology companies have created, and profited from, the Data Industrial Complex: The selling of our data for private economic gain, to sway our political views, and to entice us to consume, writes Prof. Cooper.
The American people need a shield, an unbiased and trusted partner in the transactions of their lives. With so many hacking scandals being exposed and a new drive to create federally mandated privacy regulations, it is a good time to define our digital sovereignty.
If the government does not regulate these big technology companies, the industry will do it for them. Self-regulating organizations will increase in importance, setting industry standards.
In this era of digital sovereignty, blockchain and other decentralized technologies can ensure trust with the parties with whom you are doing business. Platforms will provide not just smart contracting, but banking, consumer protection, dispute resolution, and insurance solutions.
We should be able to safely and smartly participate in the modern world without giving up our personal, civil and political, social, cultural, and economic rights.
Read Prof. Cooper’s complete article here: https://www.ibtimes.com/case-digital-sovereignty-control-over-personal-data-empowers-individuals-2745832