Toward sovereign data exchange through a meta-platform for data marketplaces: A preliminary evaluation of the perceived efficacy of control mechanisms

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Abstract

The landscape of platform ecosystems is becoming increasingly complex, with new types of platforms emerging that glue together otherwise fragmented ecosystems. One recent case is metaplatforms that can contribute to the European Data Economy by interconnecting data marketplaces; however, meta-platforms may intensify data sovereignty concerns: the inability of data providers to own and control the exchanged data. While smart contracts and certification can generally enhance data sovereignty, it is unknown whether data providers perceive these control mechanisms as valuable in the complex meta-platform setting. This study aims to evaluate the perceived efficacy of the control mechanisms to ensure data sovereignty in meta-platforms. The findings from a survey study (n=93) indicate that respondents perceive high data sovereignty. One potential explanation is that smart contracts can potentially enable providers to maintain ownership and control over their exchanged data; meanwhile, certification may signal metaplatforms’ responsibility to deliver secure data exchange infrastructure and assist providers in adhering to relevant regulations. This study contributes to advancing design knowledge for meta-platforms, showcasing that meta-platforms can be designed in a way to resolve fragmentation without neglecting data sovereignty principles.
Original languageEnglish
Title of host publication36th Bled eConference
Subtitle of host publicationDigital Economy and Society: The Balancing Act for Digital Innovation in Times of Instability, BLED 2023 - Proceedings
EditorsAndreja Pucihar, Mirjana Kljajic Borstnar, Roger Bons, Roger Bons, Guido Ongena, Marikka Heikkila, Doroteja Vidmar
PublisherUniversity of Maribor Press
Pages285-300
Number of pages16
ISBN (Electronic)9789612867515
DOIs
Publication statusPublished - 2023
Event36th Bled eConference, BLED 2023 - Bled, Slovenia
Duration: 25 Jun 202328 Jun 2023

Publication series

Name36th Bled eConference: Digital Economy and Society: The Balancing Act for Digital Innovation in Times of Instability, BLED 2023 - Proceedings

Conference

Conference36th Bled eConference, BLED 2023
Country/TerritorySlovenia
CityBled
Period25/06/2328/06/23

Keywords

  • business data exchange
  • data economy
  • data marketplaces
  • data sovereignty
  • meta-platforms

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