DATAVAULTS (Persistent Personal Data Vaults Empowering a Secure and Privacy Preserving Data Storage, Analysis, Sharing and Monetisation Platform) is a H2020 project co-ordinated by the Fraunhofer Institute in Berlin, with 17 partners from 9 countries, including 5 demonstrators (City of Prato – Italy, City of Pireaus – Greece, Andaman7 – Belgium, MIWEnergia – Spain, Olimpiakos – Greece).
DataVaults operates in the field of data economy and aims to deliver a novel framework and architecture that leverages personal data, coming from diverse sources (sensors, IoT, wearables, data APIs, historical data, social network data, activity trackers, health records, demographic profiles, etc.) to help individuals construct their unified personal data hub, collect at a single point all of their personal data in a secure and trusted manner, and retain ownership and control on what to share and with whom, receiving also compensation for the artefacts they place at the disposal of other third parties. In turn, third party organisations (companies, public sector, NGOs, etc.) arrive at a position where they can request and get access to tons of personal data, which can complement the ones they already manage and that can be used for generating more efficient, effective and value-added services, engaging with individuals into an entirely new way for data sharing, which generates trust and an increased feeling of collaboration, as the data owners (e.g. individuals) become the centre of attention and the most important partner and collaborator of those third parties.
The project is now in its final year and is now delivering the platform and the app for the collection, sharing and remuneration of personal data, that the demonstrators will test and evaluate in the next months. DataVaults is also collaborating with the Big Data Value Association (BDVA) and is leading the Citizen’s Control of Personal Data initiative in the framework of the Smart Cities Marketplace action of the EU Commission.