Telefónica’s Data Transparency Lab invests over €1 million in three years
Telefónica's Data Transparency Lab invests one million euros in data transparency applications ahead of GDPR in 2018
The Data Transparency Lab (DTL) has invested over one million euros in applications and programs since its creation in 2014.
Over the last three years the DTL has sponsored research groups from some of the most prestigious universities in the world, creating a community of development of programs and open source applications designed to improve data management both for individuals and for companies.
So far research teams from Princeton University, Berkeley, Technische Universität Berlin, University of California, Eurecom and the Max Planck Institute have been awarded a grant for the development of programs and applications. In Spain, researchers from Pompeu Fabra University and the Carlos III University in Madrid, have received DTL grants.
As a result of the programme applications that show users the information that is being sent to third parties through mobile applications or plugins helping users to understand how much money the companies that develop them earn through sharing our data, have all be created.
For the 2017 intake, six finalists have been chosen from a total of 45 applicants across 18 countries. All six will receive a grant of €50,000.
The DTL is a project created at the Telefónica R&D Centre in Barcelona three years ago with the aim of bringing together the best technologists, policy makers, industry representatives and researchers around the world to work on improving transparency and privacy of personal data. It creates and offers tools for users to obtain transparent information on the management of their data allowing businesses to take advantage of their information, within the legal confines.
Especially given the implementation of The General Data Protection Rule (GDPR) in May 2018, initiatives such as the DTL are a timely and necessary investment. Under GDPR the way in which companies collect, store, process and protect the personal information of customers, clients and employees is being changed, introducing new definitions of consent and rights for consumers to erase or rectify data.