Trusted Data Spaces are particularly relevant for the topics of Big Data and Smart Data, Industry and Factory 4.0 as well as Digital Transformation. In these areas, ever larger amounts of data are being exchanged between companies, partners and machines, for example. This data is often very valuable or even confidential.
A Trusted Data Space is a digital space in which different participants can share and use data securely. The special thing about it is that clear rules and security measures are defined so that each user retains control over who is authorised to access which information. This ensures data protection and prevents misuse.
A simple example: several factories in a group want to analyse their production data together in order to identify bottlenecks more quickly. With a Trusted Data Space, they can share their data with each other without sensitive information being passed on without authorisation. Each factory only sees the data areas intended for it.
Trusted data spaces therefore promote the secure, trustworthy exchange of data - a decisive factor for innovation, efficient collaboration and new digital business models. They are becoming increasingly important, especially in Industry 4.0, in order to achieve competitive advantages.
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