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Consent is actively and explicitly given or not given to you by your contacts. Permission is calculated based on actions taken by your contacts and then applying the applicable regulations and your company's privacy policies.
Permission or agreement obtained from someone or something having authority or power: I asked to leave the room, and the teacher gave his consent. consent. verb [ I ]
Consent means to agree to something of your own free will, whereas permission means to be authorized (by someone else) to do something.
Consent applies to actions or changes only and means you are OK if the action or change is done. You can only consent for yourself or someone you have a guardianship-type relationship with such as parent-child. Agree indicates a matching though and simply means you think the same as something else.
So, approval is an official acceptance, and permission is the act of allowing someone to do something. Coming to the fat legal dictionary, the Black Law dictionary describes them as follows: Approval: Act of confirming, ratifying. Permission: An authority to do an act.