696: Privacy, Protection and Decentralized Data – Introducing Loki
2018 has seen major corporations fall victim to hacks and the harvesting of customer information. Millions of customers of some of the most trusted names in business: Cathay Pacific, Facebook, Apple, and Amazon, have had everything from their email addresses, phone numbers, and credit card details fall into the hands of nefarious actors.
However, as cybercriminals become more sophisticated — novel solutions are being developed which may prove effective in combating the hacks and online attacks experienced by companies of every ilk and size.
Loki is a privacy network which will allow users to transact and communicate privately and anonymously over the internet. Users will be able to build applications on the Loki platform, including messaging services, online marketplaces, and social media platforms.
These services will incorporate privacy and data security by default, features which are often at risk on traditional online platforms. Loki maintains the belief that privacy is a human right and aims to empower all individuals to control their digital information by creating privacy tools which can be used by anyone.
I invited Kee Jeffreys, Co-Founder, and Tech Lead at LOKI onto my daily tech podcast to discuss the following:
- The potential for technological solutions to prevent sensitive consumer information from being accessed without consent
- The current failures of centralized databases and the potential benefits of decentralized networks
- The potential applications of privacy-centric technologies, including financial and banking transactions; the transfer of sensitive data, such as government.
We also talk about the blockchain and crypto scene in Australia.
If you want to gather around a virtual campfire and have a chat or ask me a question, you can message me, leave a virtual voicemail or even buy your friendly podcast host a coffee.