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DataVaults SIGNED

Persistent Personal Data Vaults Empowering a Secure and Privacy Preserving Data Storage, Analysis, Sharing and Monetisation Platform

Total Cost €

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EC-Contrib. €

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Partnership

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Project "DataVaults" data sheet

The following table provides information about the project.

Coordinator
FRAUNHOFER GESELLSCHAFT ZUR FOERDERUNG DER ANGEWANDTEN FORSCHUNG E.V. 

Organization address
address: HANSASTRASSE 27C
city: MUNCHEN
postcode: 80686
website: www.fraunhofer.de

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Germany [DE]
 Total cost 7˙664˙755 €
 EC max contribution 5˙999˙995 € (78%)
 Programme 1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
 Code Call H2020-ICT-2019-2
 Funding Scheme IA
 Starting year 2020
 Duration (year-month-day) from 2020-01-01   to  2022-12-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    FRAUNHOFER GESELLSCHAFT ZUR FOERDERUNG DER ANGEWANDTEN FORSCHUNG E.V. DE (MUNCHEN) coordinator 1˙065˙180.00
2    SUITE5 DATA INTELLIGENCE SOLUTIONS LIMITED CY (LIMASSOL) participant 495˙250.00
3    ATOS SPAIN SA ES (MADRID) participant 437˙500.00
4    GIOUMPITEK MELETI SCHEDIASMOS YLOPOIISI KAI POLISI ERGON PLIROFORIKIS ETAIREIA PERIORISMENIS EFTHYNIS EL (ATHINA) participant 427˙000.00
5    INFINEON TECHNOLOGIES AUSTRIA AG AT (VILLACH) participant 395˙074.00
6    DANMARKS TEKNISKE UNIVERSITET DK (KGS LYNGBY) participant 382˙500.00
7    MAGGIOLI SPA IT (SANTARCANGELO DI ROMAGNA) participant 361˙812.00
8    A7 SOFTWARE BE (SERAING) participant 353˙500.00
9    INFINEON TECHNOLOGIES AG DE (NEUBIBERG) participant 340˙852.00
10    ASSENTIAN EUROPE LIMITED IE (DUBLIN) participant 278˙950.00
11    COMUNE DI PRATO IT (PRATO) participant 263˙750.00
12    FUNDACION TECNALIA RESEARCH & INNOVATION ES (DERIO BIZKAIA) participant 245˙375.00
13    ETA CONSULTING SRL IT (MILANO) participant 236˙250.00
14    ARTIFICIOUS BE (BRUSSELS) participant 225˙750.00
15    OLYMPIACOS SYNDESMOS FILATHLON PIREOS EL (PIRAEUS) participant 196˙000.00
16    DIMOS PEIRAIA EL (PIRAEUS) participant 158˙750.00
17    MY ENERGIA ONER SL ES (ESPINARDO) participant 136˙500.00

Map

 Project objective

A strong data economy is emerging in Europe, where both large companies and SMEs acknowledge the fundamental value of Big Data to cause disruptive change in markets and business models . Nevertheless, the growth of the data economy is hampered by the lack of trusted, secure and ethical-driven personal data platforms and privacy-aware analytics methods capable of, on the one hand, securing the sharing of personal data and proprietary/commercial/industrial data and, on the other hand, of strictly and fairly defining how value can be captured, produced, released and cashed out for the benefit of all the stakeholders involved. Addressing this kind of concerns on privacy, ethics and IPR ownership over the DataVaults value chain is one of the cornerstones of the project. Its goal 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) relies exactly on 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 aims to deliver a framework and a platform that has personal data, coming from diverse sources in its centre and that defines 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 will rejuvenate the personal data value chain, which could from now 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.

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The information about "DATAVAULTS" are provided by the European Opendata Portal: CORDIS opendata.

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