LuxTurrim5G ecosystem Data Marketplace

In addition to the smart poles, the LuxTurrim5G concept includes data platform and local secured data marketplace.

Every city will create their own rules how the data is shared, it may be free-of-charge or with some cost depending on the city strategy.

The most important is that the data is available for all who need it, and that the data in managed so that the data information is updated when needed and shared in a way that privacy is not violated.

To ensure that the data marketplace is effective and the data sharing rules are fair it is proposed to have a city driven company: “Neutral Host” to own and manage the data platform as well as the whole city network.

This company will invest to the network and data platform and will get money from the data transactions and from mobile operators who are leasing or sharing the 5G connectivity.

Neutral Host promotes creation of data markets and data business ecosystems where different stakeholders like citizens, enterprises, and authorities and data providers and service developers exchange data in different roles as sellers, buyers and facilitators.

Data market motivates opening up existing data, productizing of data, creating new data and taking data into use in data-driven services. This will pave the way for a society where the potential of existing data is used to benefit different actors in cities.

Step by step the marketplace will enable automatic data economy where software components in various devices like mobile apps, vehicle software, building automation etc. will use relevant data without human intervention. This is especially relevant in 5G and later 6G enabled real-time applications when there is no time to wait for human decisions, e.g., in totally autonomous traffic.