Digital Jersey launches a world first data trust
The concept involves the innovative use of a trust structure to hold personal data so that it can be stored, managed and shared safely and lawfully, within a highly regulated environment.
Digital Jersey has established the first ‘data trust’ under Jersey Trust Law, through a pilot project that forms part of the organisation’s strategy to position Jersey as a leading jurisdiction for data stewardship.
The concept involves the innovative use of a trust structure to hold personal data so that it can be stored, managed and shared safely, lawfully, in accordance with the trust parameters and applying fiduciary duties to the stewardship of data within a highly regulated environment.
To test the data trust concept, data will be collected by cyclists in Jersey through special bike light sensors and held in the trust. Whilst the primary focus of the pilot is to test the viability of using a trust structure to explore the data stewardship concept, a secondary aim is to generate useful data and intelligence around safe cycling. Digital Jersey will now look to recruit cyclists to join the project.
Find out more about the pilot project at www.lifecycle.je
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