New research study presented in Davos shows that developing economies that adopt digital ID systems have the potential to grow their annual GDP by up to 13 percent by the year 2030. The big caveat, however, are questions about personal privacy.
The Google GDR fine has demonstrated that most historical data, analytics & AI, and decentralized processing is illegal under the GDPR. Companies must focus on more than consent to legally process analytics and AI when those processes cannot be described with the required specificity and voluntariness at the time of data collection.
Research shows that customers expect a response window of 0.1 of a second when it comes to IoT devices and companies must consider the speed and security differences based on the device connection.
