Data Ownership Platform.
A patented multicast end-to-end encryption scheme and blockchain smart contracts.
PRIVACY LAWS COMPLIANCE BY DESIGN
Decentralized data access control.
By decoupling access control to the technical infrastructure from visibility control over data that crosses it, the DOP gives data sharing control back to the legal data owners. Each Data Owner can personally grant data access to selected Data Users, and revoke it any time, through a blockchain smart contract. This implements compliance with the GDPR, which mandates specific and informed consent for each intended use of data.
The blockchain smart contract establishes a direct relationship between the data owner and each data user, without the need for a centralized authority to guarantee transactions, thus reinforcing the technical decentralization provided by EcoSteer innovative end-to-end, multicast encryption scheme.
Grant and revoke visibility over own personal data streams
Privacy Laws compliance
PRIVACY LAWS COMPLIANCE
AS A BUSINESS OPPORTUNITY
Data streams monetization.
IoT devices generate a continuous flow of data that describes our behavior in real-time. As these data streams have a huge economic value, tokenization is a straightforward compensation mechanism for data sharing.
Tokenization converts visibility over a particular data stream for a given period of time into a digital token. This allows companies to create new business models based on data.
A HORIZONTAL TECHNOLOGY
EcoSteer Data Ownership Platform is an overlay network, meaning that it can be installed on top of any Data Broker and can be integrated with any kind of IoT sensor or information system – e.g. smart home devices, car telematics, mobile phones.
This makes it a completely retrofit solution, capable of working within existing corporate IT infrastructures and of supporting different business cases.