Context :
Global
banking body lauds India’s digital public infra /
ET / 06 May 2022
Extract
:
Ø The Bank for International Settlements (BIS) has endorsed India’s Data Empowerment Protection Architecture ( DEPA ).
BIS said the experience with DEPA suggests that
a consent-based system can operate at scale with low transaction costs.
In DEPA, data subjects – through a granular data consent
system – are expected to control what data they wish to share, with whom and for how long.
Ø India has shown that this kind of digital public
infrastructure allows nations to leapfrog and adopting DEPA, or the account aggregator framework, can tremendously benefit nations in financial, healthcare, skilling
and other sectors, it said in a joint paper with think-tank iSPIRT.
Ø Citizens from those countries that have not been
able to benefit from the system in a structured manner will gain with such
frameworks, said Siddharth
Tiwari, chief representative for Asia and the Pacific at BIS and one of the
authors of the paper.
Ø While speaking about the goal of the paper,
co-author Sharad Sharma said it was aimed at making people understand that one can get protection and privacy but can also get innovation
of data.
He said that traditionally, it
has always been one or the other.
Ø “India's DEPA model attempts to resolve this by offering a solution that ensures
privacy while at the same time enabling innovation. In addition, it provides a
federated data system resilient to data breaches through which users get a single
view of their data. This paper explains these concepts in more detail,” Sharma, who
is also co-founder at iSPIRT Foundation,
added.
Ø The paper has been authored by Tiwari, Sharma, Siddharth Shetty of iSPIRT and Frank Packer, regional adviser, BIS representative office for Asia and the Pacific.
Ø For developed countries, there are various sectors
where the idea of consented data flows
is missing in a particular subset, said Rahul Matthan, a partner with law
firm Trilegal.
Ø “Everyone is under the gun as far as data regulations are concerned,” Matthan said.
“They are reluctant to look to technology for the solution because they're
nervous that they may not have fundamental privacy principles built
into them.
In a sense, DEPA with the way it has been constructed based on the
electronic consent
artefact, allows for these solutions.”
Dear Shri
Ashwini vaishnawji – Shri Rajeev Chandrasekharji ,
For past
few years, I have been urging the government to focus on :
#
Enabling Social Media users to “ Own “ their data
# Then enable these users to “ Monetize “ their data
Towards
this, I have been urging implementation of my following earlier e-mails :
Ø SARAL ( Single Authentic Registration
for Anywhere Login )….[ 10 Feb 2019 ]
In DEPA , we now have an internationally recognized / appreciated / copied ,
FOUNDATION which would enable us to implement the SARAL
SUPERSTRUCTURE
Should you need to convince your Cabinet Colleagues for implementing SARAL,
just tell them :
“ SARAL will enable each Indian User of Social Media to receive ( by way
of compensation ) , Rs 30,000 per month – at no cost to the central
treasury “
With regards,
Hemen Parekh / hcp@RecruitGuru.com / 09
May 2022
RELATED READINGS :
[ A ] Surveillance
Surveillance : make it a “ Compromise Issue “ ?
[ B ] Ownership of Personal Data and its Monetization
Privacy for Sale ………………………………………………………………….[ 26 Aug 2017 ]
Digital Dividend from Demographic Data [
4 D ]………… …………….[ 14 Feb 2019 ]
SARAL ( Single Authentic Registration
for Anywhere Login )….[ 10 Feb 2019 ]
Only Answer
: a Statutory Warning ……………………………………
[10 Nov 2018 ]
Tim Berners-Lee Speaks ………………………………………………………….[
30 Sept 2018 ]
Internet Bill of Rights ……………………………………………………………….
[ 07 Oct 2018 ]
Slow and Steady ? Sure Way to Nowhere ! .........................[ 05 Jan 2019 ]
Data becomes an Air Molecule : Free to travel anywhere ……[ 30 July 2019 ]
“ Pods ”; Prescribed by ( Dr ) Tim Berners-Lee ………………………[ 23 Jan 2021 ]
Chasing a Mirage ?
…………………………………………………………………[ 27 Jan 2021 ]
( compilation of my earlier 111 e-mails links on this
subject )
New
Legal Structure ? ……………………………………………………………[ 06 April 2022 ]
Ashwiniji
– Rajeevji : Have No Hesitation ………………………………………[ 15 Apr 2022 ]
NEWS REPORTS :
Fresh legislation may replace data protection bill /
Eco Times / 17 Feb 2022
India needs a new digital law: Rajeev Chandrasekhar / TNN /
Feb 17, 2022
New data governance policy
planned for government’s institutes
/ HT / 09
April 2022
CC :
Corporate Affairs Min to monetize co’s Database /
theBLOG101 / 26
Apr 2022
I&B
min snubs Airtel for selling viewership data
/ HT
/ 26 Apr
2022
We need to allow for commercialization of data: Kris Gopalakrishnan
Extract :
The govt's Open Data Policy, which recommends MONETIZATION of DATA, must be encouraged, and the country needs to allow for COMMERCIALIZATION of data, S Gopalkrishnan, told ET
Since the Legal Framework around data is evolving, India must provide LEADERSHIP to balance PRIVATE and PUBLIC interests and spur ECONOMIC ACTIVITY around data, Gopalkrishnan said
While minimally processed data sets shall be made freely available, detailed data sets that have undergone value addition, transformation and qualify for MONETISATION , may be priced appropriately, it said
On large companies being apprehensive about DATA LOCALISATION norms under the Data Protection Bill, Gopalkrishnan said,
" data about Indians belong to Indians and the ECONOMIC BENEFITS from this, MUST accrue to Indians "
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