IBAX NETWORK protects user data
User data protection is a very vital aspect to consider when using any platform. There are so many awesome features of IBAX Network, and IBAX Network upholds user data protection to the core.
According to the General Data Protection Regulation of the EU, Information Security Technology — Personal Information Security Specification and Cybersecurity Law of China, Act on the Protection of Personal Information of Japan, and relevant laws and regulations of other countries, there are strict constraints on the collection, use, processing, and transmission of personal data of natural persons.
To prevent users (including the creators of ecoLibs / side chains) from violating the laws and regulations, IBAX provides a comprehensive solution: IBAX offers users a feature to create a CLB. This is a virtual ecosystem with full functions of a standard physical ecoLib (side chain) but its data runs outside the IBAX main chain. It serves as an oracle and is responsible for the interaction with on-chain and off-chain data.
Users may choose to transmit encrypted / unencrypted CLB data on blockchain or record the transaction summaries on blockchain and transmit the data through an offline P2P encrypted channel to comply with regulations of various countries on personal data privacy protection.
Project links :
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