H2020 · Data & AI Foundations
Persistent Personal Data Vaults Empowering a Secure and Privacy Preserving Data Storage, Analysis, Sharing and Monetisation Platform
Suite5 was the technical coordinator and the lead scientific advisor of the project. Moreover, Suite5 led the implementation of the Personal DataVaults Application, providing components that had to do with Edge Analytics, Data Exploration and Querying, Contracts Composing over private and public distributed ledgers and Anonymisation and Persona Building services.
DataVaults goal was to set, sustain and mobilize an ever-growing ecosystem for personal data and insights sharing and for enhanced collaboration between stakeholders (data owners and data seekers). This relied exactly on the DataVaults personal data platform’s extra functionalities and methods for retaining data ownership, safeguarding security and privacy, notifying individuals of their risk exposure, as well as on securing value flow based on smart contract. DataVaults aimed to deliver a framework and a platform that had personal data, coming from diverse sources in its centre and that defined secure, trusted and privacy preserving mechanisms allowing individuals to take ownership and control of their data and share them at will, through flexible data sharing and fair compensation schemes with other entities (companies or not). The overall approach rejuvenated the personal data value chain, which could from then on be seen as a multi-sided and multi-tier ecosystem governed and regulated by smart contracts which safeguard personal data ownership, privacy and usage and attributes value to the ones who produce it.
Talk to us about the capabilities behind DataVaults — as a research collaboration or a commercial engagement.