Activities of Marie-Christine VERGIAT related to 2018/2085(INI)
Shadow opinions (1)
OPINION on blockchain: a forward-looking trade policy
Amendments (4)
Amendment 3 #
Draft opinion
Paragraph 1
Paragraph 1
1. Underlines that blockchain represents a new paradigm of data storage and management, the rise of which poses challenges in terms of data protection and transparency, and exponentially increases the risks of money laundering, the capture of the financial system by organised crime and the financing of terrorism; and that an appropriate level of monitoring by the national regulators is therefore required; emphasises, however, that this must not undermine the basic principles of data securitisation through the use of encryption, of disintermediation and of blockchain decentralisation, which guarantee the forgery-proof nature of the system and thus ensure its reliability;
Amendment 15 #
Draft opinion
Paragraph 3
Paragraph 3
3. Underlines that, if adequately designed, blockchains can share the goal of the General Data Protection Regulation by giving data subjects more control over his/her data; recalls, however, that the possible clash between the protection of fundamental rights and the promotion of innovation has to be addressed; urges the European Data Protection Board (EDPB) to provide guidance on how to ensure that blockchain-type technologies comply with EU rules;
Amendment 19 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Takes the view that, in order to avoid infringement of the fundamental right of protection of personal data, blockchain technology should not be used for processing personal data until the user organisation is in a position to guarantee compliance with the General Data Protection Regulation and specifically to ensure observance of the rights of rectification and erasure of data;
Amendment 27 #
Draft opinion
Paragraph 4
Paragraph 4
4. Notes with concern the lack of any reference to the serious implications, which might be positive, but could also be detrimental, of blockchain technology in relation to the fight against money laundering and to countering the financing of terrorism, if such should blockchain technology isbe appropriated by organised crimecriminals;