GDPR compliance for blockchain
From initial readiness assessments to third-party management, to gap analysis and maturity assessments including training, we can support your business at every step of the GDPR compliance journey.
What Is GDPR?
Data protection is an ongoing issue for all organizations which became more complex since May 2018, with the introduction of the new EU General Data Protection Regulation (GDPR). Failure to comply could result in fines of up to €20 million+, and substantial planning is needed to ensure compliance.
Our GDPR Offerings
From initial readiness assessments to third-party management, to gap analysis and maturity assessments including training, we can support your business at every step of the GDPR compliance journey.
GDPR Readiness Assessment
- For blockchain organizations looking for clarity about their current GDPR readiness and scope
- High-level assessment determines areas requiring further focus
- Provides gap analysis of existing processes and controls and identification of additional recommended activities to define a high-level roadmap to compliance
GDPR Programme Review
- For organizations that have instigated a GDPR program or begun mitigation
- In-depth assessment to determine adequacy of existing program and/or provide support
- Provides gap analysis of planned and implemented GDPR mitigations, prioritized roadmap of
remediation activities, and identifies recommended additional activities
GDPR Assurance Review
- For blockchain organizations that have completed a GDPR mitigation program or are at the later stages of this
- In-depth assessment to determine adequacy of implemented GDPR program
- Provides additional audited evidence of implemented controls
- Creates an audit report of evidenced controls and compliance with GDPR
Our GDPR Compliance Approach
This is our typical approach to GDPR compliance. This is subject to change due to project specifications and GDPR readiness.
STEP 1
Data Protection By Design
For new projects, we define and implement process steps to ensure GDPR compliance from the very beginning of your project
- Define and implement process steps to ensure GDPR compliance from the very beginning of
your project
STEP 2
Gap Analysis
Identifies gaps, proposes solutions and defines high-level roadmap to compliance
- Provides gap analysis of existing processes and controls and identification of additional recommended activities to define a high-level roadmap to compliance
STEP 3
PII Identification and Data Mapping
Identifies the location and flow of PII data in business and IT processes, uncovers potential compliance gaps and highlights areas for improvement
- Location and flow of PII data in business and IT processes
- Uncover compliance gaps
- Identify areas for improvement
STEP 4
Incident Management Process Review
Review processes for identification and confirmation of a breach to meet the notification timescale required by GDPR
- Review processes for identification and confirmation of a breach
STEP 5
Third-Party Assessments
Create and implement processes to evaluate security controls of third parties processing PII data
- Creation and implementation of these processes
STEP 6
Data Protection Impact Assessment (DPIA)
Define and implement a DPIA process, or deliver DPIAs as a service
- Define and implement a DPIA process
STEP 7
Policy Framework Review
Defines and establishes policies, standards and procedures to support your business processes and regulatory requirements
- Policies, standards and procedures to support your business
STEP 8
DPO Consultancy
An optional step, get advice for your Data Protection Officers from a GDPR practitioner
- Get advice for your DPO from a GDPR practioner
Are you looking to become GDPR compliant?
Contact us for a free discovery call. Here is what will happen next:
Contact Us
Meet our senior team
Get your budget
Project kick-off
Why Blockchain Reactor?
Experience, paired with a commitment to deliver an exceptional product to each and every project is what makes clients keep coming back to us.
Our Team
Our team is a culmination of the brightest minds in the blockchain industry, all available to work on your project. We have an expert for every domain – no more passing the baton between different firms for different services. We have smart contract developers and architects who actually built the Ethereum and Hyperledger frameworks.
Our Experience
In seventeen years, we've worked with over one-hundred tech start-ups, as well as dozens of multi-national organizations. We have the know-how and experience to provide a solution to any problem your blockchain company has. We pride ourselves on our ability to execute and deliver excellence on our timeline promises.
Our Approach
We have a no-bullshit approach. To put it simply, our developers will move to other companies if we are not working on suitable and relevant use cases for smart contracts. We actively measure and monitor our efficiency levels to ensure our team is operating at maximum capacity to deliver projects on-time, every time.
GDPR FAQs
Is my business suitable for a smart contract?
What is the typical timeframe for a smart contract implementation?
What other expertize do we require apart from smart contract developers?
- Systems Architect – ensuring the technology is designed and developed in a secure, robust and scalable manner.
- Graphic Designer – designing logos, graphics, buttons and to design screens in collaboration with the UI/UX team.
- UI/UX – ensuring the user journey is designed with the end user in mind.
- Front-End – developing a client-facing interface or storefront.
- Back-End – developing a backend that is designed to filter entries to the blockchain database.
- Mobile – developing a native iOS and/or Android mobile application, if required
Do you do proof-of-concept?
What is the cost of implementing a smart contract for my business?
