Trusted Data Transaction Workshop Program

Data transactions are expected to grow exponentially in the coming years. This trend is the direct consequence of:

• Exponential growth of the data being produced,
• Powerful technologies that can leverage those data and help tackle economic, environmental and societal challenges,
• Growing importance of sharing and exchanging data inside and across organizations, industries and geographies, in order to maximize value creation

Trust is a cornerstone of data exchange as it cements the relationship and drives collaboration between all parties involved in the data transactions.

Some initiatives are ongoing, contributing directly to building trust in data exchanges, ie.

• The definition of reference architecture and trust framework such as the Gaia-X Data Exchange Services working group
• EU regulation Acts namely the Data Governance Act and the Data Act aiming at facilitating access to data, creating trust in data intermediation service providers and ensuring fairness in the allocation of value resulting from data exchanges

In order to complement the above initiatives, a global pre-standardization workshop program is launched, which will focus on the definition of key concepts and mechanisms of data transactions with the goal of identifying attribute-based criteria that baseline how to create trust.

The Trusted Data Transaction collaborative workshop program will be conducted under the umbrella of the European Committee for Standardization (CEN). Co-proposers of the Trusted Data Transaction pre-standardization initiative are German applied research organization Fraunhofer ISST, Dutch applied research organization TNO, and French data exchange tech company Dawex. If you are an expert of the subject or keen to contribute to the collaborative work, join the group of experts and practitioners coming from the corporate world, research organizations and academia.

The ambition of the Trusted Data Transaction pre-standardization workshop program is to accelerate the emergence of data exchange standards, based on the outcome of the working group, and to effectively support the different data regulations.

Experts and practitioners from the corporate world, research organizations and academia are welcome to join the program to offer their expertise and contribute to moving the pre-standardization of a trusted data transaction forward.

In a collaborative effort, participants in the CEN workshop program will contribute to:

• Debates and discussions on how to bring trust in data transactions
• Defining guiding principles on trusted data transactions
• Laying the foundation of future data exchange standards
• Shaping a trustworthy data economy

CEN, the European Committee for Standardization, is one of the three European Standardization Organizations that have been officially recognized by the European Union and by the European Free Trade Association (EFTA) as being responsible for developing and defining voluntary standards at European level. They bring together the National Standardization Committees of 34 European countries.

The CEN provides a platform for the development of European Standards and other technical documents in relation to various kinds of products, materials, services and processes. 

The Trusted Data Transaction pre-standardization workshop program will rely on the process, structure and governance of these two officially recognized associations to conduct its works.