Tuesday, May 1, 2018

New comment by SyneRyder in "StreetLend.com shuts down, citing GDPR regulations"

> Instead of viewing GDPR as some nightmarish spectre coming to ruin everything, why not think of it as a potential opportunity?

That's the best way to think about it. When the EU started imposing VAT taxes on non-EU companies on internet sales to EU customers, a bunch of businesses sprouted to handle all of that accounting for you. (So instead of me selling my software online directly, technically all of my EU customers now buy from a US company called FastSpring instead. Fastspring remits VAT on EU sales for me so I don't have to deal with EU tax law, just my own Australian tax law.)

There's probably similar opportunity for a GDPR service that stores customer data via API service, that shields small / micro businesses from all the GDPR compliance. (Eg all your personal Wordpress blog comments are actually stored, hosted and served by a service that handles GDPR modal-consent forms and deletion requests on your behalf.)

>... now try and come up with some innovative business ideas that _don't_ rely on scraping and selling as much data as mechanically possible...

The problem is a lot of us who would never scrape or sell data and have no interest in exploiting our customers, are still worried about not being GDPR compliant, and the EU choosing to pursue us an example for something that none of our customers actually care about.

from Hacker News: "WordPress" comments https://ift.tt/2ra2ksP
via IFTTT

No comments:

Post a Comment

'Lucky to be there next season' - Is Dyche running out of time?

Everton's goals-per-game ratio this season is the worst it has been in 13 years - could it mark the end for Sean Dyche's time as man...