Responsible Information Sharing in the Era of Big Data Analytics Facilitating Digital Economy Through the Use of Blockchain Technology and Observing GDPR

TY - GEN

T1 - Responsible Information Sharing in the Era of Big Data Analytics Facilitating Digital Economy Through the Use of Blockchain Technology and Observing GDPR

AU - Baraku, Vijon

AU - Paraskakis, Iraklis

AU - Veloudis, Simeon

AU - Yadav, Poonam

N1 - Publisher Copyright: © 2024 by SCITEPRESS – Science and Technology Publications, Lda.

PY - 2024/5/4

Y1 - 2024/5/4

N2 - In the contemporary digital landscape, the intersection of big data analytics, data ownership, and GDPR compliance emerges as a critical arena. This paper proposes a transformative framework to redefine data control, shifting ownership from entities such as Data Controllers to individuals. Central to this innovation is the proposed novel and disruptive concept of the Data Capsule, empowering individuals to effectively own and thus dictate terms and conditions for their data usage. The Data Capsule framework draws on ontologies, semantic technologies, and blockchain to homogenise heterogeneous data, automate annotation, enforce governance rules, and ensure transparency. By making individuals primary custodians of their data, this paper aims to provide privacy, security, and ethical data handling, counteracting the potential pitfalls of profit-driven practices. This paper outlines a comprehensive research plan, provides a state-of-the-art review, and shows aligning objectives with the system workflow.

AB - In the contemporary digital landscape, the intersection of big data analytics, data ownership, and GDPR compliance emerges as a critical arena. This paper proposes a transformative framework to redefine data control, shifting ownership from entities such as Data Controllers to individuals. Central to this innovation is the proposed novel and disruptive concept of the Data Capsule, empowering individuals to effectively own and thus dictate terms and conditions for their data usage. The Data Capsule framework draws on ontologies, semantic technologies, and blockchain to homogenise heterogeneous data, automate annotation, enforce governance rules, and ensure transparency. By making individuals primary custodians of their data, this paper aims to provide privacy, security, and ethical data handling, counteracting the potential pitfalls of profit-driven practices. This paper outlines a comprehensive research plan, provides a state-of-the-art review, and shows aligning objectives with the system workflow.

KW - Blockchain Technology

KW - Data Ownership

KW - Data Privacy

KW - Data Sovereignty

KW - GDPR

KW - Ontologies

UR - http://www.scopus.com/inward/record.url?scp=85194146081&partnerID=8YFLogxK

U2 - 10.5220/0012711500003711

DO - 10.5220/0012711500003711

M3 - Conference contribution

AN - SCOPUS:85194146081

T3 - International Conference on Cloud Computing and Services Science, CLOSER - Proceedings

SP - 257

EP - 264

BT - Proceedings of the 14th International Conference on Cloud Computing and Services Science, CLOSER 2024

A2 - van Steen, Maarten

A2 - Pahl, Claus

PB - Science and Technology Publications, Lda

T2 - 14th International Conference on Cloud Computing and Services Science, CLOSER 2024

Y2 - 2 May 2024 through 4 May 2024

ER -