Madrid, November 11, 2022: Relaunching the economy after major financial, geopolitical and health crises demands boosting innovation through improved services and products. Data driven innovation is crucial across many sectors and is expected to contribute up to 6,2% of GDP by 2030, with most benefits attributed to sharing of data with the individuals and companies who can make best use of it.
With its recent regulations such as the Data Governance Act and the Data Act, the European Commission has developed a regulatory framework that balances data sharing, data protection and data sovereignty. What is needed now is appropriate technology and business solutions.
To address this issue, 37 leading organizations have joined forces in the Horizon Europe project TANGO (Digital Technologies Acting as a Gatekeeper to information and data flows). TANGO’s consortium aims to develop digital solutions and data governance frameworks that ensure data sovereignty, trust, transparency, and environmental sustainability in the digital economy. The consortium convened for the first time in Madrid (ES) in a meeting hosted by the coordinator, Atos Spain. It includes multidisciplinary and leading organizations that bring expertise on a number of fields and industries (universities and research centres, big and small industries, technology leaders, innovation facilitators), which will be essential to demonstrate TANGO’s results.
TANGO will build a one-of-a-kind platform, providing a trustworthy data management and sharing platform deployed in federated, distributed, multi-cloud environments that ensure data sovereignty, governance and provenance for public/private organizations, while also empowering citizens to maintain control of their data.
Specifically, TANGO will establish stronger cross-sector data sharing, in a citizen-centric, secure and trustworthy manner, by developing innovative solutions, while also addressing environmental degradation and climate change challenges. The overall outcome is a novel platform exhibiting the following capabilities: user-friendliness, security, trustworthiness, compliance, fairness, transparency, accountability and environmentally sustainable data management. The core technology components will cater to distributed, privacy preserving and environmentally sustainable data collection, processing, analysis, sharing and storage. This platform will promote trustworthy and digitally enabled interactions across society, for people as well as for businesses.
TANGO will leverage the power of emerging digital technologies to strengthen the privacy for citizens and private/public organizations, reduce costs and improve productivity. It will unlock the innovation potential of digital technologies for decentralized, privacy-preserving applications, while making accessible and demonstrating this potential within the Gaia-X and EOSC ecosystem.
norbloc is a Swedish company founded in 2016 and specialized in secure and legally compliant sharing of KYC data. As part of the TANGO project, norbloc will provide its data sharing platform Fides, which is a distributed, privacy-preserving, fair and accountable data storage and sharing platform that enables the exchange of highly confidential data in a secure and sovereign manner. Fides allows the sharing of regulated data couples with its attestation/validation stamps in an environment that immutably records all actions, the most important being consent from the data owner. Any type of legally sensitive data can be shared through the platform between any accredited participant.
For any further information, please contact fanny@norbloc.com
