International Digital Arbitration can protect personal data of citizens

Yaroslav Bogdanov, Сhairman of the Board of the Fund for Protection of Investors' Rights in Foreign States

In today's world, no one can be assured of personal data privacy anymore. Even if IT-giants pay lip service to this, they will not be able to stand up to the governments of the world's leading powers. The way out is to unite the efforts of countries to control their activities, thinks Yaroslav Bogdanov, Chairman of the Board of the Fund for Protection of Investors' Rights in Foreign States.

According to the expert, ф huge €225 million fine that the Irish company ordered the messenger WhatsApp to pay for the lack of transparency in the processing of personal data, and the statement of former NSA employee Edward Snowden about the threat of leaks of confidential information of citizens are links of the same chain.

— Our idea is that people's rights around the world could be monitored by an organization independent of governments. The International Digital Arbitration Tribunal should regulate the activities of IT companies and resolve disputes. The Global Digital Alliance (GDA) would be an effective response to the hegemony of US corporations. Politicians, lawyers and international businessmen should unite their efforts to solve the key problem of our time and to limit the global corruption elite with the help of blockchain project, — said Yaroslav Bogdanov in a conversation with the Foreign Economic Relations Agency.

Recall that the day before there was a report about a large fine against the popular messenger WhatsApp in Russia. According to Bloomberg, the developers of the application were accused of violating the processing of user data.

On Thursday, September 2, former employee of the U.S. intelligence agencies Edward Snowden warned smartphone owners of the dangers of viewing their personal data by manufacturing companies. He believes that from the moment companies get access to personal information stored in gadgets, they will be put in a position of having to work for the state. No IT-company, no matter how giant it is in its industry, will be able to refuse the authorities, says Edward Snowden.

The Global Digital Alliance (GDA) could prevent such a scenario. Yaroslav Bogdanov urges all interested parties to participate in it.

Link to source: