The present invention is a system and method for managing consent data in a blockchain network. The method includes the step of storing identification data, digital interactions data, and physical interactions data of a user in a storage module. The method then includes the step of facilitating the user to provide permission for sharing the identification data, digital interactions data, and physical interactions data through a consent module. The method includes the step of receiving a request command from data users to access the consent data of the user through a request module. The permission of the user indicates a first transaction on a private chain of the blockchain network. The method includes the step of triggering the blockchain network to enable the data users to access the consent data through an access module.