Research organisations and commercial parties start work on developing the new Amsterdam Data Exchange

The benefits of data sharing are often unevenly divided in practice. While some companies make a lot of money gathering and exploiting data, the parties providing access to their data (or those on whom data is gathered) hardly see any returns. The parties sharing their data also have no control over its use. The AMdEX infrastructure provides a solution to these problems. The infrastructure provides a neutral platform that is not owned by any one party and functions as a public utility. The data shared by individuals and organisations with the support of AMdEX will not be collected and stored by third parties. These individuals and organisations will be able to determine which other parties have access to their data and will also be able to control how their sovereign data is handled after any data transactions.

AMdEX is an initiative of the Amsterdam Economic Board and the University of Amsterdam. AMS-IX is currently developing the first phase of the infrastructure in collaboration with the other partners, and will eventually jointly manage the network with an expanding ecosystem of affiliated AMdEX parties. The UvA will conduct fundamental research on generic, programmable data sharing architectures. The UvA, data marketplace supplier deXes and SURF – the ICT cooperative for education and research – are also working to develop the first AMdEX applications.

The five founding members will be funding the project with €1.5 million at their own expenses and with €1.2 million of subsidy money from the European Regional Development Fund (ERDF). Another €300.000 is expected soon from the province of North-Holland. The money will be used towards research, the drafting of technical standards, the establishment of mutual cooperation agreements and the development of a test infrastructure for the first applications. In time, AMdEX should be able to support itself through membership fees. The parties will be working to expand the AMdEX ecosystem over the coming years in order to broaden the member base. AMS-IX, deXes, SURF, the Amsterdam Economic Board and the UvA have entered into a two-and-a-half-year mutual commitment. This will also include efforts to enthuse and engage with similar initiatives abroad in order to create a comprehensive network of exchange facilities.