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An SSI Based System for Incentivized and Self-determined Customer-to-Business Data Sharing in a Local Economy Context

  • With ongoing developments in the field of smart cities and digitalization in general, data is becoming a driving factor and value stream for new and existing economies alike. However, there exists an increasing centralization and monopolization of data holders and service providers, especially in the form of the big US-based technology companies in the western world and central technology providers with close ties to the government in the Asian regions. Self Sovereign Identity (SSI) provides the technical building blocks to create decentralized data-driven systems, which bring data autonomy back to the users. In this paper we propose a system in which the combination of SSI and token economy based incentivisation strategies makes it possible to unlock the potential value of data-pools without compromising the data autonomy of the users.

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Author:Kevin Wittek, Laura Lazzati, David Bothe, Ann-Julie Sinnaeve, Norbert Pohlmann
Parent Title (German):2020 IEEE European Technology and Engineering Management Summit (E-TEMS), Dortmund
Document Type:Article
Year of Completion:2020
Year of first Publication:2020
Publishing Institution:Westfälische Hochschule Gelsenkirchen Bocholt Recklinghausen
Release Date:2024/02/29
Licence (German):License LogoEs gilt das Urheberrechtsgesetz

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