P350 - Open Identity Summit 2024

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Konferenzbeitrag
Towards Robust Trust Frameworks for Data Exchange: A Multidisciplinary Inquiry
(Open Identity Summit 2024, 2024) Badirova, Aytaj; Alangot, Bithin; Dimitrakos, Theo; Yahyapour, Ramin
Data exchange is essential in the fast-changing field of data-driven innovations. In exploring the importance of data and data exchange, this paper highlights the necessity of building trust. For data sharing to be successful, trust is essential for assuring reliability, security, and ethical behaviour. We review the current state of the art where research and real-world applications converge in both academia and industry. Notably, trust framework-based projects are starting to take shape, promoting safe and open data markets that are included in this work. Nonetheless, challenges still exist, such as complex legal, technological, and business issues. Some of the main challenges that are faced while establishing a trust framework have also been briefly mentioned in this paper.