Microsoft Research provide users with access to their own 'personal data bank' via its 'Project Bali' effort.
Take control of your data
New platform proposes acting as a bank that will give you full transparency into how your personal data is used online
Managing your personal data is not easy. When the information is in the hands of dozens of websites and businesses, it can be difficult to know who knows what, and how it’s being used.
But Microsoft may have a solution. The company’s researchers appear to be piloting a new project that’ll let you control the personal data companies have on you through a single platform: a socalled ‘data bank’.
Personal data bank
“With Project Bali, we propose a new personal data bank which puts users in control of all data collected about them,” its website says. “The bank will enable users to store all data (raw and inferred) generated by them. It will allow the user to visualise, manage, control, share and monetise the data.”
It is still an ‘incubation project’ from Microsoft Research, which has historically come up with innovations that were later offered as actual products.
Privacy-focused tool
Project Bali is based on a paper Microsoft computer scientists published in 2014 about the problems of today’s digital privacy landscape. Often, people have no idea what data websites and businesses have on them, nor do they have a convenient way to find out, the authors wrote at the time.
The paper proposed changing this by creating an ecosystem that would allow consumers to see the data a given company had on them. Businesses have a good reason to do this. Customers prefer dealing with companies that handle their personal data with transparency, rather than those that keep it confidential and shrouded in secrecy.
Source | Economic Times | 15th January 2019
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