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Intelligent, Interoperable, Integrative and deployable open source MARKETplace with trusted and secure software tools for incentivising the industry data economy

Project description

Wanted: a federation of data marketplaces

There is a growing demand for a single European data market economy. But there is also a missing link between Europe’s data spaces and marketplaces. For instance, there is not yet a broadly accepted, trusted and secure solution for bringing together data marketplaces, despite attempts on Big Data management and sharing. The EU-funded i3-MARKET project will address this gap. By providing technologies for secure and reliable data-driven collaboration of existing and new future marketplace forums, the project will enhance interoperability, which is currently lacking. Special attention will be on industrial data, particularly sensitive commercial data assets from SMEs and large industrial corporations.

Objective

The i3-MARKET project addresses the growing demand for a single European Data Market Economy by innovating marketplace platforms, demonstrating with industrial implementations that the data economy growth is possible. i3-MARKET proposal provides technologies for trustworthy (secure and reliable), data-driven collaboration and federation of existing and new future marketplace platforms, special attention on industrial data and particularly on sensitive commercial data assets from both SMEs to large industrial corporations is taken.It is well known that despite various research and innovation attempts working on Big Data Management, of Personal and or Industrial Data Integration and Security, there is no broadly accepted trusted and secure data marketplace. i3-MARKET will address this by developing lacking technologies and solutions for a trusted (secure, self-governing, consensus-based and auditable), interoperable (semantic-driven) and decentralised (scalability) infrastructure, called i3-MARKET Software Framework also named i3-MARKET Backplane, that enables federation via interoperability of the existing and future emerging data spaces and marketplaces. The i3-MARKET backplane introduces data monetisation in the form of Intelligent Data Economy services to formerly closed systems to offer and share data and lowering the market entry barriers for stakeholders – especially SMEs – to trade their data assets with the aim to ignite a flourishing data economy that fosters innovation and business in Europe.
i3-MARKET focuses on the desired levels of privacy and confidentiality that support both legal and user-desired control and transparency for sharing data among relevant systems and services. The i3-MARKET backplane pays special attention in regulatory aspects around sensitive data assets developing the required security and access control measures that enable secure trading of data including support for automated contracting following European regulation (GDPR).

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Keywords

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Programme(s)

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Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

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.

IA - Innovation action

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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) H2020-ICT-2018-20

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Coordinator

UNIVERSITY OF GALWAY
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.

€ 974 566,15
Address
UNIVERSITY ROAD
H91 Galway
Ireland

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Region
Ireland Northern and Western West
Activity type
Higher or Secondary Education Establishments
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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.

€ 974 566,15

Participants (15)

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