With AMdEX, we are developing a digital notary. This notary provides contracts to organisations that want to share data. AMdEX also enforces the terms in these contracts. The contracts support simple data transactions between two organisations. But also complex algorithms for Artificial Intelligence, which must access data stored in multiple locations.
In today’s economy, not all organisations have equal access to data and the ability to use it for innovation. Uncertainty about security, privacy and data ownership makes data sharing expensive and legally complicated. Which means that companies with fewer resources have a hard time getting acces to data. This hampers fair competition and thus we miss out on great opportunities.
By making data contracts easier, cheaper and more readily available, AMdEX is creating a level playing field where all organisations have equal access to data.
Read more about AMdEX in these news reports.
What is AMdEX
In AMdEX, several companies and institutions work together to make data sharing easy for organisations. AMdEX offers and enforces (standard) contracts. Organisations can use these to share their data worry-free. They set their own conditions for making their data available.
AMdEX translates these terms into a contract. Alternatively, there is a choice of standard contracts in the AMdEX library. Just like a notary in real life offers legally approved, legally valid contracts to a client. The technology companies that handle the practical side of data sharing will apply the terms of the chosen contract to the transaction.
Watch these videos about AMdEX. Text continues below the videos.