Surviving And Thriving In The CDR Era
-Integrating the Consumer Data Right will be a key challenge for Australian businesses
-The CDR seeks to rebalance the data relationship of commercial entities and consumers
-It seeks to offer consumers more control over their data and ways to use it for their benefit
By Ed Kennedy
The implementation of the Consumer Data Right (CDR) is set to be a key commercial trend of the 2020s.
The CDR shall deliver consumers greater control over their own data. This includes the choice of sharing that data securely with an accredited third party as desired.