Log actions taken on data and make them publicly verifiable.
Regulations are forcing companies to take data compliance seriously, but today, proving actions to customers takes a leap of faith on their part. There is no objective way to prove to the customer that data has been handled and enforced appropriately. The solution is to amplify trust around data compliance by providing a publicly auditable log of actions taken and to provide tools to consumers to audit their own data.
Grant auditors, regulators, and partners the ability to verify user requests and your organization’s response with a transparent set of records.
Mishandling customer data, and not being responsive to requests, can lead to a loss of reputation. Enhance your brand by providing tools to customers to audit your data compliance actions on their data.
Simplify complex and manual auditing processes through data standards and real-time public verifiability, while removing costly third-party intermediaries.
Requests to delete or update user preferences should be managed in real-time. The ability for a company to prove the acknowledgement and their response to these requests should be, too. Transparently manage your regulated data processes using a tamper-proof and auditable log with Hedera Consensus Service.
Moiz Kohari CEO
Only Hedera has the capabilities of a real-time publicly auditable log, along with high security, and low cost. Allowing you to standardize your compliance data and its auditing process with stronger data integrity and trust.
Due to the speed of Hedera, user requests are logged in real-time, ordered, and able to work alongside existing applications and databases.
The Hedera Consensus Service creates a trusted and cryptographically secure log that can be instantly verifiable by authorized users and 3rd parties.
Logging events to Hedera costs just a fraction of a penny per event, making it possible to prove compliance without impacting the bottom line.
Managing data compliance and user privacy transparently creates new opportunities for establishing brand trust. Understand how to make it possible with these helpful resources.
Manetu's Consumer Privacy Management platform offers seamless, dynamic and intelligent end to end management of consumer consent and data-access requests.
The Hedera Consensus Service enables a decentralized architecture that can help solve for certain data privacy compliance challenges presented by naïve implementations of distributed ledger technology.
The future of compliance