Ethereums (ETH) Vitalik Buterin concerned about modern cars privacy – Invezz

Ethereum (ETH) co-founder Vitalik Buterin has sparked social media discussions as he questions privacy issues inherent in modern vehicles.

Meanwhile, Buterins remarks have drawn attention to the somewhat overlooked features of the evolving automotive industry. That comes after researchers Misha Rykov, Zoe MacDonald, and Jen Caltrider unveiled a comprehensive report highlighting the privacy concerns with modern cars.

The research revealed that all evaluated car brands, which were 25, lacked privacy, underscoring significant faults in automotive technology.

Computerized vehicles collect massive amounts of user data, including personal characteristics, location, and driving routines. Besides ensuring smooth car operations, the data remains crucial for business undertakings like marketing.

Invest and trade CFD stocks, ETFs, digital assets & commodities in minutes with our highest-rated broker.

76% of retail CFD accounts lose money. Your capital is at risk.

76% of retail CFD accounts lose money. Your capital is at risk.

Ad

According to the research, 56% of these brands share the data with government authorities upon request, whereas 86% allegedly sell or share the details.

Are you looking for fast-news, hot-tips and market analysis?Sign-up for the Invezz newsletter, today.

Moreover, 92% of modern vehicle drivers have no say in the collected data.

The massive data collection & sharing raises privacy worries among consumers and industry experts, with many players questioning the balance between privacy and tech advancements.

While some believe modern cars need remodeling to prevent privacy problems, some accuse Vitalik of not being tech-oriented.

Nonetheless, the Ethereum co-founder stressed that he supports different technological innovations, including some artificial intelligence apps, but critically watched projects that have privacy problems.

Ad

Learn to trade crypto easily by copying crypto signals & charts from pro-trader Lisa N Edwards. Sign-up today for easy-to-follow trades for tonnes of altcoins at GSIC.

Here is the original post:

Ethereums (ETH) Vitalik Buterin concerned about modern cars privacy - Invezz

Related Posts

Comments are closed.