In 2001, Apple came out with its iTunes music library. A revolution in music and access to it but also a revolution in digital rights. When I downloaded the latest song by an artist into my library, I had the ability to play it on any Apple device even though the song was not mine. Downloading music led to services like Napster, a music sharing service that violated many creative rights of artists and corporate labels. The problem it caused was how to manage these digital rights while allowing for flexibility with usage and ownership. Managing data like digital rights requires a dynamically changing policy enforcement mechanism. An access management system is structured very statically and while it can answer the question of who is allowed to see a dataset, it cannot answer the question of who has the right to see a dataset.
With ever changing privacy regulations increasing in granular supervision of data usage policies, the burden on corporations to provide adequate Trust and Transparency to its users as well as regulators is increasing dramatically. At the same time, streaming content and other new digital economy factors make data consumption patterns change rapidly and become more behavioral.
Data Democratization is a massive trend that will grow exponentially in the coming decade and bring with it a data economy. In this economy, we would expect some data attributes to be more valuable than others. For example, my date of birth might be worth more than my address or vice versa. Hence, each granular attribute of our data or a corporation’s data could become the point of creation and its digital rights should be protected as though it was music or video content.
If you had control of each part of your internal data through this digital enforcement of rights, what would the benefits be?
Lower regulatory burden?
Perfect and real-time enforcement data lineage between systems and ecosystems?
Lower maintenance of access rights and policy enforcement?
Happy regulators? Maybe 😊
What is for sure is that your users will #Trust your organization and brand more and that is priceless.
Want to learn more… come to www.one-creation.com.