The futility of prohibiting bitcoin trade

The Reserve Bank of India (RBI) has banned regulated entities from providing services related to virtual currencies, citing concerns over consumer protection, market integrity, and money laundering. I question the necessity of this step, since the perceived anonymity of bitcoin transactions can be penetrated. What’s more, the ban may drive nefarious activities further underground, making them harder to detect. I suggest improving forensic skills might be a more effective approach.

Internet was designed to understand and track us

The internet, originally designed for data collection and surveillance, faces a credibility crisis due to its misuse for manipulating public opinion. Its origins trace back to Hollerith’s punch card tabulators, which evolved into a government surveillance tool. Despite historical protests against its potential for “computerized people manipulation,” the internet’s utility has consistently outweighed concerns, leading to its current indispensable status. Yet, recent scandals like Facebook-Cambridge Analytica highlight ongoing tensions between its benefits and the risks of data misuse.

A new direction for data privacy in healthcare

The draft Digital Information Security in Healthcare Act aims to regulate the use of digital health data, emphasizing patient consent and privacy. It allows anonymized data for public health research but restricts commercial use. However, its timing is questionable, as it precedes the anticipated overarching national data protection framework, potentially leading to inconsistencies in privacy regulations across sectors.

India need not adopt the onerous European General Data Protection Regulation

There is no need for India to adopt GDPR-like data protection laws as it will hinder local innovation. Historically speaking countries took their time to arrive at a standardised approach to IP law and we need to follow a similar approach - taking a tailored approach to data regulation that balances protection with fostering its burgeoning data industry.

Do away with consent to strengthen data privacy

That consent to the Facebook privacy policy could be used as a defence against the consequences of the Cambridge Analytica incident is an indication that consent cannot be our primary safeguard. The accountability framework is the only effective alternative to consent.

Will technology be able to disrupt the legal industry?

Complexity is the friction of the legal system. We need to simplify the entire legal system - making it more accessible and less mysterious. The reason we have not been able to achieve this is because unlike all other industries, lawyers exercise 360-degree control over every facet of the legal industry and protect the profession from disruption.

Does right to life include advance directives?

The Supreme Court has held that right to live with dignity includes within it the obligation to smoothen the process of dying for terminally ill patients who have no hope of recovery but has imposed too many bureaucratic processes on the exercise of that right.

Genetic diseases should be covered by insurance

The Delhi High court has held that rejecting an insurance claim on the grounds of the genetic conditions exclusion issued by the IRDAI would be violative of violative of Article 14 since discrimination on the basis of genetic heritage is unconstitutional.

Battery harmonization will help electric vehicles

Tim Harford’s book highlights the shipping container’s pivotal role in globalizing the economy. Similarly, the electric vehicle (EV) industry could revolutionize transportation with standardized battery design and swapping technology, as demonstrated by Ashok Leyland’s rapid battery replacement system. India, aiming for an all-electric fleet by 2030, could lead this transformation.

The backfire effect and the menace of fake news

The “backfire effect” is a cognitive bias that causes people to double down on their beliefs despite evidence to the contrary. This makes fake news hard to combat because it taps into regional cultural norms and beliefs, making it resonate deeply with its intended audience. The only effective remedy is to engage with fake news at a subliminal level, recognizing its impact on political views and opinions.