Creating a Dynamic Data Economy for Data-Centric Interactions
We are building a next generation of infrastructure for accurate data usage
Dynamic Data Economy
Inspired by the co-founders' aspiration for accurate real-time data management in an ever more digitalised world, the Foundation coined Dynamic Data Economy (DDE) to empower people and businesses to make better-informed decisions based on insights from harmonised data framed by sound data governance.
The Dynamic Data Economy will advance our digital living, interaction, and growth, through a new data-centric paradigm underpinned by Principles and Technologies to facilitate new structures free from existing platform based economic models. DDE provides bridges to existing standards and legacy infrastructure, respecting jurisdictional and human differences. We call theses “ecosystems”.
The Foundation released DDE v1.0 in July 2022, with the launches of the DDE v1.0 technology suite. In July 2023, we published our Distributed Governance model.
The DDE Principles
The DDE is a decentralised trust infrastructure aligned with the European data strategy. The DDE Principles extend foundational guiding principles that cover the core data domains of Semantic, Inputs, Governance, and Economic. The DDE conceptual infrastructure gives equal importance to the four core data domains, which respectively adhere to the DDE principles: objectual integrity, factual authenticity, consensual veracity, and transactional sovereignty, enabling data ecosystem actors to share accurate information bilaterally in a zero trust environment.
The DDE Stack
To better define and describe what contributes most notably to creating a cross-sectoral trust infrastructure for access and use of data according to the DDE principles, the Foundation developed the DDE Trust Infrastructure Stack that presents "Infrastructure" versus "Security" incrementally through the core data domains. Deployed implementations that align with the Stack will positively affect the relationship between participating actors, incentivising them to share horizontal data across sectors and jurisdictions.
Make it stand out.
-
Implementing Digital Governance
2024 09 16 A rich set of initiatives unfold locally and globally. Here how HCF plays its part.
-
New Data Science Publication
2024 08 20 "Decentralised Semantics: A Semantic Engine User Perspective" by Carly Huitema, P.Knowles, Ph.Page & M.Edwards is published
-
An alpine view of EHDS
2024 08 09 News: HCF discussed a vision for the European Data Space in a two-weeks summer academy.
-
Evolving "Digital Twins"
July 2023 - AI will also disrupt the “Digital Twin” concept. Let’s look at the risks before dwelling on their promises.
-
on AI & Data Governance
July 2023 - We respond to AI for Good call for action on AI governance. Starting with Data Governance will facilitate the inclusion of Human values
-
Official Launch of OCA
Oct 2022 - We launch Overlays Capture Architecture (OCA), a critical DDE tool to enable “Objectual Integrity” within and across data ecosystems
-
DDE v1.0 Launch
July 2022 - The Human Colossus Foundation releases “Dynamic Data Economy v1.0”, a next-generation data infrastructure with a broader community
-
Global Project Momentum
July 2022- Check out our projects, from the first EU NGI project to our first implementation partnership in Canada to upcoming Indian projects
Founding Donors’ Programme
HCF has secured multiple rounds of government and private funding to build the initial core public utilities for the DDE. With the rollout of the DDE v1.0 in 2022, HCF opens up limited funding opportunities to strategic donors in the private sector through the Founding Donors' Programme to fuel the next development phase and early adoption of the DDE.