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Trust, Security and Privacy Solutions powered by i3-MARKET

Lecture on i3-MARKET Security as part of CS 6510 – Advanced Software Development – Northeastern University – Silicon Valley

Data Protection and Cyber-Physical Systems Security is an increasingly critical need when designing software systems security. In particular data protection, data privacy and trust are design principles considered as best practices that are gaining ground among the software design communities. These practices promote the quality of software development and valuable business across all sectors and industries.

The participants will learn about implementation experiences of decentralized services enhancing the model portability, with special emphasis in personal data security and user control and the user as the owner and management of the digital identity, thus digital identities reside within the centralized system provider, to reduce vulnerabilities to security threats and reduce the risk for valuable data be susceptible to malicious hacking attempts.

The i3-MARKET’s implemented approach for solving this problem, using decentralized or self-sovereign identities, has emerged as a successful solution in the form of Decentralized Identifiers (DIDs) and Verifiable Credentials (VCs). The DID offers a unique global identifier linked to cryptographic keys, enabling secure control and authentication of digital identities. Finally participants will learn about i3-MARKET Open Source reference project and their implementations in different real market domains.

To download the summary of this lecture, click here.

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i3-MARKET Best Practices for Research-Lead Innovation

The i3-MARKET project activities and software development methodology is used as reference in an International Collaboration project with the USA at the National Institute for Standards and Technology (NIST) US – Department of Commerce,  with the objective of identify and define Best Practices for Business Research and Research-Lead Innovation.

The name of the international project is EU-USA C-BRIDGE which main objective is to define a set of collaborative activities to assist in defining best practices for Business Research, Incubation practices, and the Development of business Goals to identify principles for Entrepreneurship activities.

The C-BRIDGE baseline is the identification and adoption of i3-MARKET project research and industry lead software development activities, to demonstrate it is possible to validate this methodology in international contexts. Similar to the i3-MARKET project’s objectives the applicability for C-BRIDGE shall be domain agnostic and independent of the domain area where this can be used as far as the purpose is helping to transform scientific knowledge into community impact(s) directing market opportunities. The aim of C-BRIDGE is also to validate and promote the i3-MARKET design and implementation process as a reference methodology to validate and demonstrate its application for data-driven innovation and it proposes the use of smart city data as empirical experience for the research community and also for future commercial value.

More details about this post can be download here:

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i3-MARKET Book Series

 

 

 

 

i3-MARKET Book Series – Open Access Forthcoming in 2024

Three books explaining all about i3-MARKET design and Ideas, Methods, Technologies and Solutions and the developed platform how to use and deploy. 


Part I – A Vision to the Future
Part II – Models, Technologies & Solutions 
Part III – FOSS Handbook

The i3-MARKET Book Series is an initiative of the i3-MARKET consortium to make all the project information, experiences, and results accessible to all publics i.e. General Public, Data Scientists and Researchers, Experience Developers, Entrepreneurs, Innovators, and Industry Experts.

More details in:                                                                              i3-MARKET Research and Technology Library

PART I – Abstract

In the first part of the i3-MARKET Book series we begin by discussing the principles of the modern data economy that makes readers more aware about the value of the data that is produced everyday by individuals and also in a collective manner, i.e. in an industrial manufacturing plant, a smart city full of sensors generating data about the behaviours of the city and their inhabitants and/or the wellbeing and healthcare levels of a region or specific locations. Data, and the use of it, is one of the most disruptive areas in today’s global economy, particularly with the value that large corporations have embedded in their solutions and products because of their use of data from every individual.

BookSeries-Part-I-River-9788770041690

PART II – Abstract

In the second i3-MARKET series book we review the basic technological principles, software best practices, and standards for implementing and deploying data spaces and data marketplaces. The book provides a definition for data-driven society as: The process to transform data production into data economy for the people using the emerging technologies and scientific advances in data science to underpin the delivery of data economic models and services. This book further discuss why data spaces and data marketplaces are the focus in today’s data-driven society as the trend to rapidly transforming the data perception in every aspect of our activities. In this book technology assets that are designed and implemented following the i3-MARKET backplane reference implementation (WebRI) that uses open data, big data, IoT and AI design principles is introduced. Moreover, the series of software assets grouped as sub-systems and composed by software artefacts are included and explained in full. Further, we describe i3-MARKET backplane tools and how these can be used for supporting marketplaces and its components including details of available data assets. Next, we provide description of solutions developed in i3-MARKET as an overview of the potential for being the reference open-source solution to improve data economy across different data marketplaces.

 BookSeries-Part-II-River-9788770041713

PART III – Abstract

In the third i3-MARKET series book we focus on the best practices and simplest software methods and mechanisms that allow the i3-MARKET backplane reference implementation to be instantiated, tested and validated even before the technical expert and developer communities decide to integrate the i3-MARKET as a reference implementation or adopted open-source software tools. In this book the purpose of offering a clear understanding of the technological components but also the software infrastructures, and the steps to be followed to avoid overwhelming the deployment activity.

i3-MARKET has three industrial pilots defined in terms of data resources used to deploy data-driven applications that use the most of the i3-MARKET backplane services and functionalities. The different software technologies developed, including the use of open-source frameworks, within the context of the i3-MARKET is considered as a bill of software artefacts of the resources needed to perform demonstrators, proof of concepts, and prototype solutions. The i3-MARKET handbook can be used as input for configurators and developers to set up and pre-test testbeds and therefore it is extremely valuable to organizations if used properly.

BookSeries-Part-III-River-9788770041737

More Details visit i3-MARKET technology library:

Research and Technology Library


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I3-MARKET ‘Data Markets for Digital Sovereignty’. Takeaways and insights from the online event

I3-MARKET ‘Data Markets for Digital Sovereignty’. Takeaways and insights from the online event

  • Key institutional policymakers and experts gathered to discuss the hindered potential of Europe’s data economy
  • Representing i3-MARKET, Dr. Martin Serrano illustrated the benefits of i3-MARKET Marketplace(s) Support Tools, including the newly published Data Recommendation Pricing Tool
  • Following EU efforts in fostering ‘data spaces’, i3-MARKET opensource software can help businesses and companies access, sell, and buy European data via secured channels

On the 27 of April, the i3-MARKET event on ‘Data Markets for Digital Sovereignty’ took place, hosted by project’s partner, the European DIGITAL SME Alliance.

It was an opportunity to gather high-level policymakers, experts and innovators to discuss the future of the European data economy.

The EU General Data Protection Regulation (GDPR) is the strongest privacy law in the world. Europe has taken over the leadership in privacy and data protection, with over 150 countries modelling their data privacy laws on the GDPR. Following this success, the EU has decided to include ‘data sharing’, ‘data spaces’ and ‘data marketplaces’ as new guiding frameworks for companies. The drive is to cooperate by sourcing, sharing and allowing data reuse, thus boosting digital value but never at the detriment of privacy and data subjects’ rights.

Following EU regulatory changes, stakeholders are now set in seizing the very same growing and fast pacing opportunities. Understanding these trends and their market’s impact. Identifying early opportunities and participating in data marketplaces initiatives is crucial for a steady company’s growth.

To this extent, i3-MARKET simplify the upscaling performance of businesses via its opensource software that integrates data markets, through APIs, allowing users to access, sell, and buy European data through common interfaces, secure contracts and trusted payments methods. The potential benefits of the software are several, and they include features such as increased revenue streams and enhanced innovation.

Highlights

Recording of the event

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The i3-Market project has received funding from the European Union’s Horizon 2020 Research and Innovation Programme under grant agreement no. 871754.

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Data Markets for Digital Sovereignty

Data Markets for Digital Sovereignty

The EU General Data Protection Regulation (GDPR) is the strongest privacy law in the world.

Europe has formally taken over the leadership in privacy and data protection, with over 150 countries modelling their data privacy laws on the GDPR.

Following the achievement, the EU has decided to include ‘data sharing’, ‘data spaces’ and ‘data marketplaces’ as new guiding frameworks for companies.

The online event, organised according to the framework of i3-MARKET project, is designed to guide SMEs through the opportunities and challenges of the new data-sharing driven economy, and how their direct involvement can help delivering an exciting innovative and profitable landscape.

For this reason, the i3-MARKET’s opensource software is offering a powerful tool that integrates data markets, via APIs, allowing users to access, sell, and buy European data through common interfaces, secure contracts and trusted payments methods.

Caught your attention? follow this link to register for the event

Disclaimer

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The i3-Market project has received funding from the European Union’s Horizon 2020 Research and Innovation Programme under grant agreement no. 871754.

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i3-MARKET Data pricing recommendation tool

i3-MARKET Data pricing recommendation tool

Without a doubt, data trading is becoming an increasingly popular source of revenue. In particular data monetization, a practice that is gaining ground as a valuable business model across all sectors and industries. However, as much as our society is moving towards this direction, putting a price tag on a dataset remains notoriously difficult.

Assessing the monetary value of information and other forms of intangible goods still constitutes a challenging task.

Data is a “strange beast”, meaning that its economic characteristics make it harder to evaluate. It is non-rival, it has several positive and negative externalities, while commonly its value is not necessarily apparent to its owner, and may significantly increase if combined, or if it is further analyzed.

To overcome this issue, authors Dr. Vasiliki Koniakou, Dr. Stratos Baloutsos, Timoleon Farmakis (PhD Candidate) from Athens University of Economics and Business (AUEB), and contributor James Philpot (European DIGITAL SME Alliance) developed a price recommendation tool, which borrows from cost-, income- and value-based approaches.

To download the report, click here.

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The i3-Market project has received funding from the European Union’s Horizon 2020 Research and Innovation Programme under grant agreement no. 871754.

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Newsletter #6: Latest Backplane Version Launched

Latest Backplane Version Launched: i3-MARKET Newsletter #6

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The i3-Market project has received funding from the European Union’s Horizon 2020 Research and Innovation Programme under grant agreement no. 871754.

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Data Pricing Tool

i3-MARKET builds Data Pricing Tool

The Athens University of Economics and Business has created a new tool for SMEs to help them determine how they can put a price on their data and datasets, based upon a range of paraments that can evaluate the value of the data. This tool has been developed by Dr. Vasiliki Koniakou and PhD candidate MSc Timoleon Farmakis and will be integrated into the i3-MARKET Backplane to help companies set a fair price for their data when selling it via the Backplane, demystifying the process of putting a price tag on their datasets.

Why is it difficult to value data?

SMEs often have difficulty when evaluating the value of a dataset, for several reasons. Firstly, the constant growth of data sources and datasets means that the availability and demand for a particular set of data is changeable, leading to differing values for different consumers. Secondly, as demand grows and companies increase their reliance on data, the value of data increases as well. However, it is difficult to anticipate by how much demand will rise or fall, thereby making it difficult alter the price accordingly. Moreover, it is often difficult to assess how much value the dataset will create for the buyer, to estimate what would be a reasonable price.

Thirdly, infrastructure to collect, store and trade data are regularly being developed and updated and the cost of use is evolving over time, leading to variable overhead costs for companies that are looking to buy and sell data.

However, these issues for SMEs are also compounded by the fact that the data economy also features many large players, who have pricing and selling/buying strategies that are predetermined and to a large extent non-negotiable (and when they are negotiable, it is a very asymmetric transaction), which means that SMEs are often faced with take it or leave it offers, for a price which they can struggle to verify as presenting fair value.

For these reasons, the i3-MARKET project will be integrating a pricing tool into the Backplane, so that SMEs can use this system to assign a value to data they may be selling and estimate a fair value for data that they may be interested in purchasing.  Simultaneously, the tool hopes to make the process of pricing data more accessible and transparent, premised on specific metrics instead of discretion and abuse of market power.

How does the tool work?

The tool arrives at the value of the dataset through the use of several parameters that are used to  evaluate the quality, scarcity, accuracy and completeness of the dataset, as well as estimate the overhead costs of producing/storing the data and the value to the buyer to arrive at a value for the dataset.

These parameters have been refined through study groups and interviews with SMEs in workshops and will be further refined as the tool is developed, to understand the weight that each factor should contribute to the final value.

How can you use the tool?

Information on how the tool can be used will be released shortly!

A first step, with a long road ahead

Pricing intangible goods, and most prominently information, is notoriously difficult, and although the price recommendation tool wishing to offer some guidance, clearly there is a long road ahead. The further development of the tool requires rigorous testing beyond the sandbox of a European funded research project. The weights may need to be further calibration and adjustment based on the needs of specific sectors and industries, and/or following the market. Additionally, the metrics and the specific parameters may need to be adjusted to better reflect the specificities of particular sectors.

Yet, an easy to use tool, that requires no previous knowledge, and is designed to cover the needs of less tech-savvy users is a first step towards opening up the data trading economy to larger audiences, and assisting SMEs in overcoming some of the barriers that do not allow them to enjoy the benefits of the data trading market.

 

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The i3-Market project has received funding from the European Union’s Horizon 2020 Research and Innovation Programme under grant agreement no. 871754.

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CWSI Workshop 2022

3rd Connected World/Web & Semantic Interoperability Workshop – 7 November 2022

A Connected World/Web of Things is an emerging area that not only requires development of infrastructure but also deployment of new data services capable of supporting multiple, scalable (cloud-based) and interoperable (cross-systems and cross-domain) applications.

In the race of designing the Connected World/Web as part of the Future Internet architecture, academia and Information and Communication Technology (ICT) industry communities have realized that a common problem to be tackled is the interoperability of the data and their availability for providing information services.

Worldwide there is an increasingly focusing on how to evolve communications technologies to enable a Connected World, thus Semantic-enabled Web of Things systems will need to interact and be interconnected for offering the always-promoted everything-connected interoperability paradigm.

The Connected World/Web & Semantic Interoperability workshop provides to developers, scientific researchers, industry experts and general audience interested in the evolution of the Internet of connected things world, the possibility to explore interoperability research challenges and provide a room to expose their research scientific ideas and progress and also explore new trends and opportunities of using semantic web technologies for solving problems and creating new solutions on emerging specialized paradigms like the current Internet of connected Things or simply acknowledge as Internet of Things (IoT).

Workshop Topics

In this emergent Connected World/Web of Things dynamic environment, where technology evolves rapidly and thus data sources change formats at all the time, there is a strong requirement to integrate multiple information sets. This describes the necessity to be interoperable at the data/event level so that it becomes easier to combine/aggregate data/event coming from heterogeneous data sources. This raises also the challenge of being able to look up/discover data source and relevant data.

Semantic Web has been identified as one of the most popular methods and technologies that in combination with communication services enlighten the convergence and interoperability. However, there are yet gaps to ensure semantic interoperability in a Connected World also to ensure cross-domain interworking: Healthcare, Wellbeing, Smart Ageing, Smart Cities, Agriculture, and Industrial Internet.

Relevant related topics for this workshop include, but are not limited to:

• Semantic/non-semantic methods, models, and formats for interoperability,
• Linked Data approaches for World/Web of Connected Things data integration,
• Information frameworks/systems and models for data exchange,
• Knowledge representation and connected World/Web domain models.
• Architectural building blocks and their ability to be integrated into multi-tiered systems
• Cross-domain semantics and cross-domain Interoperability models
• Design and development of Connected World/Web of Things systems;
• Data analytics for Connected World/Web of Things applications;
• Streaming data integration and complex events processing;
• Sensor data management, actuation and smart behaviour;
• Security/privacy/trust in a Connected World/Web of Things;
• Supporting web of things implementations with semantic web technologies;
• Marketplaces for semantic/non-semantic interoperable systems, applications and services;
• Use-cases and implemented applications demonstrators and proof of concepts;
• Alignment between different description models for Services/Resources/Entities;
• Standardization, Communities and Initiatives;

The above list is not exhaustive, and we would like to encourage participants to be creative.

Submitted Papers (Coming Soon)

 

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The i3-Market project has received funding from the European Union’s Horizon 2020 Research and Innovation Programme under grant agreement no. 871754.

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Engaging the Community: i3-MARKET Newsletter #5

Engaging the Community: i3-MARKET Newsletter #5

Disclaimer

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The i3-Market project has received funding from the European Union’s Horizon 2020 Research and Innovation Programme under grant agreement no. 871754.