The foundation of our future digital economy
In a world in which digital transactions generate huge volumes of data, the data economy is becoming the foundation of our digital economy. But for organisations, digital ecosystems and also the economy in general to optimally reap the benefits, data needs to be shared. ‘Data sharing’ is the process of making a particular data asset available to multiple applications, consumers, citizens, organisations and digital ecosystems, resulting in the value of that data asset being multiplied. Data sharing supports the creation of new AI models, the improvement of internal systems, the development of new client propositions and flourishing digital ecosystems.
However, there are many barriers to data sharing, especially between organisations. Data privacy, data control, technological readiness, new and existing legal frameworks, data integrity and business models are all examples of challenges that need to be addressed before data can start flowing and the full potential of data can be realised. Key building blocks for overcoming these challenges include partnerships, new business models, privacy technology and trust frameworks.
INNOPAY can support you with all of these building blocks. By applying our in-depth knowledge to your specific challenge, we co-create the right solution with you, including helping you to test new technologies and execute innovative ideas in practice.
Data Sharing Expert Team
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