Global Data Sharing

Definition ∞ Global data sharing refers to the transmission and access of information across international borders and disparate systems. In the digital asset sphere, this involves the distributed nature of blockchain ledgers, where transaction data is replicated across a global network. It facilitates transparency and interoperability among participants. This practice raises questions about data privacy and sovereignty.
Context ∞ Global data sharing is inherent to the operation of public blockchains, where transaction data is openly accessible and distributed worldwide. News often addresses the implications of this transparency for regulatory compliance, particularly concerning anti-money laundering (AML) and know-your-customer (KYC) requirements. Discussions also include the challenges of reconciling global data access with varying national data protection laws. The balance between decentralization and regulatory demands remains a key topic.