Strengthening Europe's Global Position through Data Spaces

Data spaces in the European Union serve as a platform for the exchange of data between different organisations and individuals alike. This idea allows for more efficient and effective use of data, as well as increased innovation and collaboration.
"Over the last few years, digital technologies have transformed the economy and society, affecting all sectors of activity and the daily lives of all Europeans. Data is at the centre of this transformation and more is to come.“
(A European strategy for data, European Commission, 2020, p.1)
To set up this exchange in a meaningful way, it is important to establish clear rules and guidelines for data sharing, as well as robust security measures to protect personal and sensitive information. Data spaces can be supported through the development of data governance frameworks and the use of technologies such as a blockchain.
European data spaces are still in their early stages, with various initiatives and pilots being conducted across different sectors. However, there is increasing recognition of the potential benefits of data sharing, and efforts are being made to promote the development of data spaces and a EU-based underlying infrastructure.
Recent news include the launch of the European Data Governance Act, which aims to establish a framework for data sharing across the EU. Additionally, the European Commission has launched the European Data Innovation Hub, a platform for data sharing and collaboration between different stakeholders.
Bitkom's recent publication on Data Spaces and Data Ecosystems provides a useful overview of the current state of data sharing in the EU and offers recommendations for the development of data spaces. Check out the publication to learn more about the potential benefits and challenges, as well as a basic explanation of the principle.