Digital crossroads: How to pilot data trusts for good
By
Borja Prado
While much of public discussion around data has focused solely on the debate of data privacy protection versus deregulation and economic productivity, data trusts represent legal, technology-enabled constructs that allow for more equitable ways of sharing the profits among different stakeholders. In this structure, a relationship of fiduciary responsibility would exist not only with the shareholders, but also towards the data owners and producers, and where the data economy would happen "with people" instead of "to people".