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𝐇𝐨𝐰 𝐚𝐫𝐞 𝐢𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐩𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩𝐬 𝐬𝐡𝐚𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐝𝐚𝐭𝐚 𝐬𝐨𝐯𝐞𝐫𝐞𝐢𝐠𝐧𝐭𝐲?🌍🔒 In this session moderated by 𝐔𝐭𝐞 𝐁𝐮𝐫𝐤𝐡𝐚𝐫𝐝𝐭 from iSHARE Foundation, IDSA, Fraunhofer ISST, and Catena-X, 𝐞𝐱𝐩𝐞𝐫𝐭𝐬 explore the importance of data sovereignty in fostering global collaboration, trust, and innovation. 𝐊𝐞𝐲 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬: 🔑 𝐅𝐞𝐚𝐫 𝐨𝐟 𝐃𝐚𝐭𝐚 𝐒𝐡𝐚𝐫𝐢𝐧𝐠: Many European businesses hesitate to share data due to concerns over competition, but clear rules and data sovereignty can unlock huge economic potential. 🌐 𝐆𝐥𝐨𝐛𝐚𝐥 𝐃𝐚𝐭𝐚 𝐄𝐜𝐨𝐧𝐨𝐦𝐲: Europe risks isolating itself from global data-sharing initiatives if it doesn't embrace cross-border collaboration. Data should transcend borders to fuel innovation and business growth. 🇪🇺 𝐄𝐔 𝐃𝐚𝐭𝐚 𝐋𝐨𝐜𝐚𝐥𝐢𝐬𝐚𝐭𝐢𝐨𝐧 & 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞: With new EU data laws in place, European companies must comply—but many remain unaware of the regulations, creating both challenges and opportunities for growth. 💡 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 & 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬: While many companies are still catching up with data laws like GDPR, understanding and adhering to regulations can become a competitive advantage. 📌 𝐉𝐮𝐦𝐩 𝐭𝐨 𝐊𝐞𝐲 𝐌𝐨𝐦𝐞𝐧𝐭𝐬: 00:00 – Is there a risk of external influence (U.S. or China) on Europe’s data systems? 06:58 – Should data spaces be limited to Europe, or can they be global? 08:32 – What are the obstacles to global data sovereignty standards? 12:56 – The willingness to share data across borders 15:16 – How can organisations comply with data localisation laws without excessive costs? 🔔𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐨𝐧 𝐭𝐡𝐞 𝐟𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐠𝐥𝐨𝐛𝐚𝐥 𝐝𝐚𝐭𝐚 𝐚𝐧𝐝 𝐝𝐢𝐠𝐢𝐭𝐚𝐥 𝐭𝐫𝐮𝐬𝐭! #DataSovereignty #GlobalDataEconomy #EUCompliance #DataLocalization #DataSharing #InternationalPartnerships #iSHARE #CatenaX #IDSA #iSHAREFoundation #iSHAREFrameworkforDataRights #YourDataYourChoice #DataSharing #TrustData 00:00 1st Question IDSA: Is there any risk of influencing our system by American or Chinese actors in terms of making data public or available for regular institutions? Is there any geopolitical risk? 06:58 2nd question: Is that correct that the scope of these institutions and data spaces is to keep the data within Europe? and why not international? 08:32 3rd question: What are the main obstacles to global data sovereignty standards and its international consensus achievable? 12:56 The willingnes of sharing 15:16 4th question: how can organisations comply with data localization laws without accessive costs or reduced effeciency?