Account Aggregation: Consent Driven Consolidation And Sharing Of Financial Info inc42.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inc42.com Daily Mail and Mail on Sunday newspapers.
As the province overhauls its data infrastructure, Ontario is putting the call out to public organizations and businesses to help it create a new provincial data authority.
Ontario is putting extra focus on ensuring that information collected is “private, secure, anonymous and cannot identify people individually,” according to Finance and Data Transformation Minister Peter Bethlenfalvy, who on Friday announced the latest step in the province’s digital transformation strategy.
The process began in 2019 with the launch of a public consultation on creating a new data strategy for the province.
The newly announced Data Authority will be responsible for building a modern data infrastructure and securely housing provincial datasets.
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In a recent blogpost, the Indian Software Product Industry RoundTable (iSpirt) said that the India Stack project can be used to “help connect the trillion-dollar cryptoeconomy to capital-hungry Indian entrepreneurs.” This was followed by another blogpost by tech-investor Balaji Srinivisan who said that the India Stack can support the digital rupee ambitions and enable Indians to use either digital currencies or crypto-currencies interchangbly.
Little information has trickled out on what the government and Reserve Bank of India’s (RBI) planned crypto-bill and Central-Bank Digital Currency will look like, ever since the news broke over two months ago. Some hints have been dropped along the way, like the Finance Ministers’ ‘calibrated‘ approach comment, a change in company disclosure rules and the RBI’s musings’ on its Digital Rupee project.
Appeal of exclusion of Romanian RCS&RDS s parent Digi from Hungarian 5G tender dismissed Digi Communications
BUCHAREST (Romania), February 10 (SeeNews) - Dutch-based Digi Communications [BSE:DIGI], majority owner of Romanian company RCS&RDS, said that its appeal of exclusion from a 5G frequency tender was rejected by Hungary s top court. On 4 February 2021, the Supreme Court of Hungary dismissed the Company’s appeal and thus upheld the first instance court’s judgement, which maintained as lawful the decision issued by the Hungarian Media and Informations Authority (NMHH) to reject the Company’s participation in the tender related to wireless broadband services supporting the introduction of 5G in Hungary, Digi said in a statement filed with the Bucharest Stock Exchange, BVB on Tuesday.
By Subhashish Bhadra
Late last year, the Government-appointed committee on non-personal data released its second report. The first report, released in Sept ’20, had raised fears of ‘nationalisation of data’ and harming the commercial interests of data-based companies. The second report addresses several issues that were raised, and is a substantial improvement over the first. For a detailed comparison of the first and second report, you can read Ikigai Law’s summary.
There’s much to like in this new report. First among them is the fact that it restricts itself to a narrow goal of opening up non-personal data for public good purposes. It explicitly stays away from being a general non-personal data governance framework, which would have included direct government access to such data and B2B sharing of data (as was there in the first report). While not explicitly stated, this narrow goal also speaks to a market failure that data has positive externality, i.e. it can ben