I feel like option A might be too simplistic since blockchain can still relate to individuals indirectly. I wonder if that means it’s actually within the scope?
I’m not entirely sure, but I think we covered a similar question in class, and it leaned towards the idea that if personal data is involved, it could fall under GDPR.
I remember discussing how pseudonymous data can still be linked to individuals, so I think it might be within the GDPR scope if it involves EU data subjects.
I'm feeling pretty confident about this one. The key is to distinguish between the material and territorial scope of the GDPR, and apply that to the specifics of blockchain transactions.
Okay, I think I've got a strategy here. I'll focus on whether the blockchain transactions involve personal data of EU data subjects, and then consider the territorial scope of the GDPR.
I'm pretty sure the answer is C. Blockchain transactions that include data subjects in the EU are within the GDPR's material scope, even though the transactions are pseudonymous.
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