Dataswyft
| Dataswyft | |
|---|---|
 | |
| NIST Sector | Cybersecurity and Privacy Data |
| GICS Industrial | Software & Services |
| Business type | "Limited Liability Company" is not in the list (Sole proprietorship, Partnership, Nonprofit, Other, Federal Government, State Government, Local Government, Public, Employee Owned, Private, ...) of allowed values for the "Has biztype" property. |
| Year Founded | October 2015 |
| Founder(s) | Irene Ng Paul Tasker |
| City, State | Cambridge, England |
| Country | United Kingdom |
| Region Served | Worldwide |
| Executives | Irene Ng Paul Tasker Ben Forbes Tyler Weir Jason Shong Philip Midcalf |
| Revenue | |
| Number of employees | 15 |
| Sponsorship Level | Of Interest |
- Members
Operator of a data server infrastructure platform that decentralizes the legal ownership of data to individuals and businesses, enabling the mitigation of complexity and risks in data handling, enabling value from data portability and improving interactions and coordination between individuals and organizations for the benefit of everyone in society.
Activities
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Citizen App | |
| Citizen App, the first of its kind, empower individuals to claim and legally own their data from across multiple sources, then use it securely and seamlessly in everyday life. | ||
|
Mobelizing Data to Create Data Markets | |
| The boundary between the physical and the digital has disappeared. Our health, our finances, our shopping, our things - they are now fully digitized and exist in the form of data. This webinar will discuss how this data can be mobelized to create markets. The presentation will discuss 2 case studies on the markets forming around finance and health data. | ||
Details
The company was formed as a spin out of the £1.2m UK Research funded HAT (Hub-of-All-Things) Project with 6 universities together with the HAT Community Foundation (HCF), a member organisation set up by the universities that created the ecosystem. HCF serves as Dataswift’s regulator, as part of the research project guidance on how the ecosystem should be set up. HCF holds one guardian share in Dataswift with board representation to enforce the social purpose of Dataswift for “personal data exchange for public benefit”.
The company operates an infrastructure technology platform that provision personal data servers to individuals on demand, effectively decentralising the legal ownership of the data. This enable organisations to store the personal data they hold of their customers into a “Personal Data Account” (PDA) within the individual’s server; thus enabling (1) the individuals to have access and control of their own data for ethical, compliance and regulatory purposes, (2) the organisation to obtain value from not having to store the data and yet derive value from it (3) efficiently enabling their own customers to share that data with their partner organisations, and (4) enable the organisation to monetise their customer’s data legally via their customers own choice to share their data for their own benefit. The platform has a full legal and governance policy stack for approving contracts generated on demand between individuals and applications/websites of organisations under the regulatory oversight of the HAT Community Foundation.
The company also provide a full enterprise solution for organisation data servers with economic model and business model frameworks to design and execute an enterprise data strategy for creating value with data.
Products
Dataswift One. Dataswift deployed the open sourced HAT Microserver into the cloud and build technical and legal services to enable the scalable provision of Personal Data Servers on demand, and to enable on-demand legal contracts to be set up for applications/websites access into server databases owned by server owners. Contracts are pre-set up under a governance framework set by HCF. The wrapping of technical, legal and governance services is Dataswift’s personal data management infrastructure platform called Dataswift One, enabling developers to integrate and offer Personal Data Accounts (PDAs). PDAs provide authentication, file storage, per-user databases, and serverless AI functions via API. Dataswift provide developers with infrastructure (compute, storage, database), APIs, and SDKs to easily build apps that are compliant with strict new privacy laws like GDPR and CCPA. This enables businesses to securely and legally transact on sensitive personal data.
Data Passports. The Data Passport system is a suite of technical services that brings Dataswift One’s capability of moving third party, second party and first data around through Data Passports.