Data privacy

Blockchain is a technology which enables the protection of data against manipulation. So, in this sense, it increases the security of data. Shine takes care of careful examination of what kind of data is being stored, and whether that data could be considered to be personal data.

Shine blockchain takes care of hiding the personal data and its reference to the real world by implementing the below privacy measures:

1. All personal and sensitive data is encrypted (using secp256k1 algorithm) by its own unique key, and then the unique key is shared with the involved parties in an encrypted format with each respective party's unique public key so that only they have access to it. Also, anyone who has access to data can give permission to a new party to see the data and revoke the access to it at anytime.

2. Shine makes sure that the data or action being performed on a blockchain does not reveal any information about the involved parties. For example, let's say Company A sends a message to Company B and sends a transaction on Shine. A Company C looking at the transaction will never be able to figure out who sent the message to whom or what the message was, all they will see is a transaction was executed on blockchain.