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Universal Platform Components for Safe Fair Interoperable Data Exchange, Monetisation and Trading

Project description

Components for safe, fair, interoperable data

Data exchange, monetisation and trading should be safe, fair and interoperable. This is essential in the digital data market. The EU-funded UPCAST will provide a set of universal, trustworthy, transparent and user-friendly data market plugins. These will enable actors in the European data spaces to design and deploy data exchange and trading operations. To ensure the automation of data sharing and processing agreements between businesses, public administrations and citizens, the project will pave the way for the automatic negotiation of agreement terms and improve data-asset discovery. UPCAST will also cover commercial and administrative confidentiality requirements, and provide low environmental footprint. Four real-world pilots across Europe will operationalise a set of working platform plugins for data sharing, monetisation and trading.

Objective

UPCAST provides a set of universal, trustworthy, transparent and user-friendly data market plugins for the automation of data sharing and processing agreements between businesses, public administrations and citizens. Our plugins will enable actors in the common European data spaces to design and deploy data exchange and trading operations guaranteeing (i) automatic negotiation of agreement terms, (ii) dynamic fair pricing, (ii) improved data-asset discovery, (iii) privacy, commercial and administrative confidentiality requirements, (iv) low environmental footprint, as well as ensuring compliance with (v) relevant legislation and (vi) ethical and responsibility guidelines. UPCAST will support the deployment of Common European data spaces by consolidating mature research in the areas of data management, privacy, monetisation, exchange and automated negotiation, considering efficiency for the environment as well as compliance with EU and national initiatives, AI regulations and ethical procedures. Four real-world pilots across Europe will operationalise a set of working platform plugins for data sharing, monetisation and trading, deployable across a variety of different data marketplaces and platforms, ensuring digital autonomy of data providers, brokers, users and data subjects, and enabling interoperability within European data spaces. UPCAST aims at engaging SMEs, administrations and citizens by providing a transferability framework, best practices and training to endow users in order to deploy the new technologies and maximise impact of the project.

Fields of science (EuroSciVoc)

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Keywords

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Programme(s)

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Topic(s)

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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

HORIZON-IA - HORIZON Innovation Actions

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) HORIZON-CL4-2022-DATA-01

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Coordinator

IDC ITALIA SRL
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 1 066 213,75
Address
VIALE MONZA 14
20127 Milano
Italy

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Region
Nord-Ovest Lombardia Milano
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 1 523 162,50

Participants (15)

Partners (1)

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