CEN Workshop on Trusted Data Transaction

More data is being generated than ever before. The global volume of data has doubled between 2018 and 2022 and is expected to double again between 2022 and 2025.

To take advantage of this explosion of data, organisations in the private and public sectors, including the large corporations as well as SMBs, cannot rely anymore on their own data only to build data-driven use cases that can generate value within their organisation, amongst their customers or constituents. Data must circulate and be shared, acquired, distributed within new data ecosystems, also to be monetized.

 

Data transactions are expected to grow exponentially in the coming years. This will require clear frameworks to help organisations organise, simplify, and secure the exchange of data, in full compliance with regulatory requirements. These frameworks will also have to reinforce trust between all parties involved in the data transactions and by that contribute to the acceleration of the data ecosystems.

 

Therefore, for stakeholders to better understand the concept and implications of the expression of Trusted Data Transaction and to anticipate future associated standardisation requirements, a Workshop is proposed and will aim to develop a CEN Workshop Agreement (CWA) on terminology, concepts, and mechanisms for common elements to form a foundational understanding on which trusted data transactions can be based independent of any architectural choices or technical implementation.

 

This Workshop has an AFNOR secretariat and is proposed by DAWEX Systems, Fraunhofer ISST and TNO.

 

The document submitted to public enquiry is the part 1 of the CWA and is focusing on terminology and concepts. It will be followed by a part 2 focusing on Trustworthiness characteristics of data transactions.

 

The CWA is now ready for public consultation. Comments on the CWA are to be submitted by 2024-02-15 to the WS secretary Mr lehmann liv (liv.lehmann@afnor.org) using the commenting form below :

The CWA's public consultation period on the 'Trusted Data Transaction' has been extended. Comments can now be submitted until 2024-02-28 17:00 CEST.

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