Japan’s enhanced personal data protection results in providing individuals with the right to sell their data
Personal data protection

In response to the global trends, the Japanese government announced a policy to strengthen the personal data protection on April 25 2019. It will enhance the right for individuals to demand companies to stop using their personal information. Under the current law, individuals can demand it, only if such data has been fraudulently acquired or used for purposes other than the original intent. On the other hand, the government has considered the creation of the so-called data bank, as introduced before. The data bank distributes personal data with the consent of the individuals. Then, it provides them with the compensation. I hear that, in the demonstration experiment, most users have chosen to […]

日本の信託銀行が個人情報の仲介事業を開始

How much would you sell your personal data? Japan has been considering building a data market to assist companies create new services, as previously reported. The first application in such a data market would be the personal data exchange. Mitsubishi UFJ Trust and Banking Corporation (MUTB), the second largest in trust business in Japan, announced that it starts a demonstration experiment for a new data management service from this August. Reportedly, it will launch this new service in 2019. The feature of this service is that individuals will be able to specify the personal data to be provided and a company which is permitted to use the data, while participant companies […]