Data Exchange Facility Market provide neutral (infrastructure and rules) mechanisms in the background for controlled, trusted and secure data transactions. Participants accepting the market rules benefit from the change mechanisms and shape together an open market for data.
The feasible and enforceable practice of an Open Market for Data will be facilitated by Data Exchange mechanisms following the principles of data control and digital enforcement. Similar to the Internet exchange mechanisms or inter-bank cash transfer services, the Data Exchange mechanisms provide neutral (infrastructure and rules) facilities, operating in the background, allowing for controlled, trusted and secure data transactions. Fast and real time services are already offered for some specific industrial and other cooperation. Now these initiatives may transform to generic services and not restricted to data sharing in between only a few organisations.
Amsterdam Data Exchange is bringing this into practice through cooperation of many private, public, and scientific organisations.