{"id":87885,"date":"2018-10-08T16:00:10","date_gmt":"2018-10-08T23:00:10","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=87885"},"modified":"2020-04-09T18:42:18","modified_gmt":"2020-04-09T17:42:18","slug":"privacy-centric-dapps-face-crisis-after-australia-proposes-anti-privacy-bill","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/privacy-centric-dapps-face-crisis-after-australia-proposes-anti-privacy-bill\/","title":{"rendered":"Privacy-Centric DApps Face Crisis After Australia Proposes Anti-Privacy Bill"},"content":{"rendered":"<p>A <a href=\"https:\/\/www.forbes.com\/sites\/lukefitzpatrick\/2018\/10\/07\/australia-is-trying-to-pass-a-law-that-could-kill-dapps\/#6819a2597c66\">proposed bill<\/a> in the <a href=\"http:\/\/cryptoslate.com\/places\/australia\">Australia<\/a> parliament is stifling the citizens\u2019 right to privacy. The bill calls for a software \u201cbackdoor\u201d to encrypted data for government authorities to access on demand. If passed, decentralized applications\u2013which pride on their privacy features\u2013stand to bear the brunt.<\/p>\n<p>As blockchain technology and cryptocurrencies gain prominence, a major issue most governments voice is of the lack of control and opacity of financials. But, at the cost of privacy, regulations can be twisted to supplement the technology\u2019s rise.<\/p>\n<p>Long-term implications of a major economy passing an anti-privacy legislation could set the tone for other economies, such as India, U.K., and the U.S., to follow. Citizen surveillance has to be a significant feature of all developed countries across the globe, and as distributed systems compete against that aspect, a flurry of regulatory changes are inevitable.<\/p>\n<p>The so-called <a href=\"http:\/\/www.abc.net.au\/news\/science\/2018-10-02\/proposed-surveillance-laws-draw-international-criticism\/10300170\">Assistance and Access\u2019 bill<\/a> proposes three features for the Australian government to exercise:<\/p>\n<ol>\n<li>Granting a voluntary request for assisting a company with information about a product or customer.<\/li>\n<li>Demanding mandatory assistance from a company for getting personal information.<\/li>\n<li>Build a \u201cbackdoor feature\u201d into technology applications that compromise user encryption for surveillance purposes.<\/li>\n<\/ol>\n<p>If passed, Australian citizens could lose their online privacy. But for blockchain enthusiasts, investors, proponents, and developers, the move can spell significant damage for the technology\u2019s most prized feature: Privacy.<\/p>\n<p>Most decentralized applications (dApps) rely on blockchain technology or other derivatives\u2013such as DAG\u2013for their functioning. Attempting to create a dApp without the blockchain is comparable to accessing a website without connection to the internet.<\/p>\n<figure id=\"attachment_81724\" aria-describedby=\"caption-attachment-81724\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-81724\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/09\/report-crypto-trading-market-australia-social-300x158.jpg\" alt=\"Report: Cryptocurrency to Be Treated As a Prominent Trading Market in Australia\" width=\"300\" height=\"158\" \/><figcaption id=\"caption-attachment-81724\" class=\"wp-caption-text\">Related:\u00a0<a title=\"Report: Cryptocurrency to Be Treated As a Prominent Trading Market in Australia\" href=\"https:\/\/cryptoslate.com\/report-cryptocurrency-to-be-treated-as-a-prominent-trading-market-in-australia\/\">Report: Cryptocurrency to Be Treated As a Prominent Trading Market in Australia<\/a><\/figcaption><\/figure>\n<p>Since their introduction, <a href=\"http:\/\/cryptoslate.com\/products\/category\/dapps\">dApps<\/a> have provided a strong narrative for propelling user privacy while interacting with a global network of people\u2013as aspect not wholly-possible in current mechanisms. For the everyday person, a dApp will be the primary method of interacting with the blockchain, which is said to lead the \u201cFourth Industrial Revolution\u201d and surpass the internet in terms of usage.<\/p>\n<p>However, if the Australian bill comes to pass, the very existence of decentralized apps\u2014and the principles for which they stand for may be jeopardized.<\/p>\n<p>Based on the proposed bill, it remains unclear how dApps would be accommodated keeping their USP in mind. Australia has been experimenting with blockchain technology in recent times\u2013partnering with other economies to conduct cross-ocean shipping and even issuing billion-dollar bonds\u2013making it clear the government understands the technology and its myriad benefits in depth.<\/p>\n<p>As of today, the global market has approximately 1,945 active dApps with 12,900 daily users, as per <a href=\"https:\/\/www.stateofthedapps.com\/stats\">data collated<\/a> by tracking website State of dApps. But with the law\u2019s introduction, several questions come to mind: Would all application participants violate the law by using a privacy-focussed dApp? Are dApps unlawful? Can dApps be legalized with only if a centralized body if governing the system and exercising majority consensus?<\/p>\n<p>Meanwhile, some of the world\u2019s largest tech companies have <a href=\"https:\/\/www.computerworld.com.au\/article\/647615\/rights-groups-tech-giants-form-alliance-fight-encryption-bill\/\">come together<\/a> for submitting a four-page notice to the Australian Attorney General in opposition to the proposed bill.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A proposed bill in the Australia parliament is stifling the citizens\u2019 right to privacy. The bill calls for a software \u201cbackdoor\u201d to encrypted data for government authorities to access on demand. If passed, decentralized applications\u2013which pride on their privacy features\u2013stand to bear the brunt. As blockchain technology and cryptocurrencies gain prominence, a major issue most [&hellip;]<\/p>\n","protected":false},"author":65,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60840,61045,11],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Privacy-Centric DApps Face Crisis After Australia Proposes Anti-Privacy Bill<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/privacy-centric-dapps-face-crisis-after-australia-proposes-anti-privacy-bill\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Privacy-Centric DApps Face Crisis After Australia Proposes Anti-Privacy Bill\" \/>\n<meta property=\"og:description\" content=\"A proposed bill in the Australia parliament is stifling the citizens\u2019 right to privacy. The bill calls for a software \u201cbackdoor\u201d to encrypted data for government authorities to access on demand. If passed, decentralized applications\u2013which pride on their privacy features\u2013stand to bear the brunt. As blockchain technology and cryptocurrencies gain prominence, a major issue most [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/privacy-centric-dapps-face-crisis-after-australia-proposes-anti-privacy-bill\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-08T23:00:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-09T17:42:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/11\/cryptoslate-cover.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Shaurya Malwa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Privacy-Centric DApps Face Crisis After Australia Proposes Anti-Privacy Bill\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shaurya Malwa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/privacy-centric-dapps-face-crisis-after-australia-proposes-anti-privacy-bill\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/privacy-centric-dapps-face-crisis-after-australia-proposes-anti-privacy-bill\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/#person\",\"name\":\"Shaurya Malwa\",\"url\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/author-shaurya-malwa.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/author-shaurya-malwa.jpg\",\"caption\":\"Shaurya Malwa\"},\"jobTitle\":\"Analyst\",\"description\":\"Post-mining his first bitcoin in 2012, there was no looking back for Shaurya Malwa. 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An economics graduate from the University of Wolverhampton, he breathes financial markets and decentralized ideologies. When not writing, Shaurya works on his culinary skills, trades the big three cryptocurrencies, and surfs airplane blogs.","url":"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/87885"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/65"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=87885"}],"version-history":[{"count":7,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/87885\/revisions"}],"predecessor-version":[{"id":87977,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/87885\/revisions\/87977"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=87885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=87885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=87885"},{"taxonomy":"prediction_market_topic","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/prediction_market_topic?post=87885"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=87885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}