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Trust and privacy on the internet: The solution is ahead

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  • Peric, Konstantin

Abstract

Who has stopped and thought about their data out there on the internet? Data about a person: Twitter followers, Facebook friends, eBay reputation. Or data about one’s company: purchase record, customer lists, customer credit card numbers. Data are spread around, most often only protected with passwords and too easily accessible. The Digital Asset Grid (DAG) is a research project run by Innotribe (the innovation arm of SWIFT) in 2012, which envisions a solution to this problem using the following components: a crowd-sourced, user-centric identity; privacy and trust on the internet, based on the Respect Trust Framework; an infrastructure for secure storage and exchange of digital assets. This paper explores the DAG and looks at the status of the project.

Suggested Citation

  • Peric, Konstantin, 2013. "Trust and privacy on the internet: The solution is ahead," Journal of Payments Strategy & Systems, Henry Stewart Publications, vol. 7(3), pages 246-249, August.
    • Handle: RePEc:aza:jpss00:y:2013:v:7:i:3:p:246-249
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    More about this item

    Keywords

    Innotribe; Digitial Asset Grid; trust; privacy; data ownership;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

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