“Real-world applications and future outlook

Current implementations 

Blockchain and crypto are making strides in reducing surveillance capitalism. Here are a few ways they’re currently being applied:

• Decentralized Identities (DIDs): Microsoft’s ION project on the Bitcoin blockchain lets users create their own digital identities. This reduces the control of personal data by central authorities and decreases the chance of misuse.
• Secure healthcare data management: Companies like BurstIQ are using blockchain to protect healthcare data. This technology lets patients control who can see their medical records, keeping the information secure and private.
• Private transactions: Cryptocurrencies like Monero (XMR) and Zcash (ZEC) enhance user privacy by masking transaction details. Monero, for example, uses techniques that make transactions anonymous and hard to trace. It has attracted global legal scrutiny, offering a privacy level that traditional financial systems can’t.
• Blockchain and AI for data integrity: Integrating blockchain with artificial intelligence (AI) adds another layer to data security. AI analyzes blockchain data to detect fraud and optimize security, while the blockchain ensures that AI-generated data remains secure and unaltered.

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