BDO USA 5/18 – Industry Leaders Develop First Blockchain-based GDPR Solution

BDO USA, Intel, and Microsoft Collaborate with IntraEdge to Launch Truyo (previously GDPR Edge)

Editor’s Note: This press release was originally published May 2018 by BDO USA, LLP.

Chicago, IL – BDO USA, LLP and IntraEdge today announced a strategic collaboration to support the launch of Truyo (previously GDPR Edge), powered by Intel® {…} Microsoft has also joined in promoting the technology partnership and product launch.

Truyo is geared toward highly complex environments with an array of data sources, customer touch points, and multi-point-of-sale (POS) systems, often found in retail, hospitality and technology industries. It helps operationalize GDPR obligations on an ongoing basis. By enabling organizations to view disparate transactional data in a centralized location and simultaneously providing an external consent mechanism for consumers, Truyo integrates GDPR into business processes, mitigating risk and streamlining compliance efforts.

The solution also helps support the rights of data subjects, a fundamental requirement of the new regulation.  Its easy-to-use portal allows individual data subjects to review their collected personal information, modify it, or request its removal. If the individual makes an update to their personal information within the portal, it kicks off a series of automated workflows on the back-end that record those changes and then communicates confirmation that the requested changes have been made back to the individual.

“This centralized repository can be made available to data protection authorities, auditors and data governance professionals, as well as any other data collector or processor, meaning increased accountability, information transparency, accuracy, efficiency and auditability,” says Stephanie Giammarco, Partner and National Leader of BDO’s Technology and Business Transformation Services practice. “Sweeping regulation calls for a stepped-up approach to information management, and we’re excited to couple this tool with BDO’s extensive governance, risk and compliance capabilities to provide clients with a suite of GDPR compliance services”.

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Truyo

Powered by IntelⓇ, Truyo is the automated answer for enterprises seeking to deploy truly integrated SAR, consent, and other data privacy rights processing capabilities that scale with your needs, deliver conspicuous compliance, and adapt to new privacy regulations as they emerge.

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