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BlockNews
Home BREAKING NEWS

Universal Privacy Alliance Forms to Champion Digital Rights

BlockNews.com Team by BlockNews.com Team
December 12, 2023
in BREAKING NEWS, BUSINESS, CRYPTO
Reading Time: 3 mins read
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  • A coalition of web3 companies called the Universal Privacy Alliance (UPA) recently formed to safeguard digital privacy rights through policy advocacy and privacy-centric technologies.
  • The UPA consists of high-profile members like Nym Protocol Labs and the Filecoin Foundation, with an initial fund of $150,000 to influence privacy regulations.
  • The Switzerland-based UPA aligns with the UN’s stance on digital privacy as a human right, seeking to guarantee private digital interactions without unwarranted surveillance through “privacy by design.”

The internet has connected the world in unprecedented ways. However, many dominant internet platforms prioritize surveillance and data collection over people’s basic right to privacy. As the digital landscape expands, the need for privacy-preserving technologies becomes more urgent.

🚨 NEWS: Major Web3 entities have established the 'Universal Privacy Alliance.'

With the purpose of advocating digital privacy rights.

Nym, Protocol Labs, and Oasis are included in the alliance.

— BlockNews.com (@blocknewsdotcom) December 12, 2023

A New Alliance Forms

To address the privacy crisis, a coalition of web3 companies have formed the Universal Privacy Alliance (UPA). The UPA aims to safeguard digital privacy rights through policy advocacy and by championing privacy-centric technologies.

Founding Members

The UPA consists of several high-profile entities, including Nym Protocol Labs, the Filecoin Foundation, Oasis, Aztec, and others. With an initial fund of $150,000, the alliance is committed to influencing digital privacy policy and regulatory decisions.

Goals and Plans

The UPA is based in Switzerland and aligns with the UN’s recognition of digital privacy as a fundamental human right. By embracing “privacy by design,” the UPA seeks to guarantee secure and private digital interactions without unwarranted surveillance.

Initial plans involve targeting the EU’s eIDAS and Digital Services Act over encryption concerns. The UPA also aims to appoint a coordinator, organize events, create a legal fund, and explore expanding membership.

United for Privacy

“With a united voice, we aim to educate policymakers, empower smaller organizations, and advocate for user-centric privacy practices in technology,” says UPA founding member Will Scott. The UPA signifies a joint commitment to championing privacy rights as the world becomes increasingly digitized.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
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