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Securing user data: 11 practical and effective tips for Web3 companies

Leaning into Web3’s strengths while following established protocols can create a strong, holistic data security strategy.

No matter the industry, protecting user data is a top-of-mind concern for any business that collects it.

Blending industry-agnostic security strategies with the inherent strengths of Web3 practices and technologies can help companies create a well-rounded defense system for user data. Below, 11 members of Cryptox Innovation Circle share practical, effective tips to help Web3 companies provide the security assurance their users expect and deserve.

Make securing user data a top priority from the start

When building a company from the ground up, some phases require a certain “fake it until you make it” ethos that’s often necessary for survival. – Oleksandr Lutskevych, CEX.IO

Hold as little user data as possible

Any Web3 company — or any company, honestly — should seek to hold as little user data as possible. – Joe Roets, Dragonchain

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