Thorsten Dittmar

We’re building the European data economypolypoly is a revolutionary economic system for data whose decentralised structure ensures the fair use of data without infringement of any user's rights. The core technology that makes this possible is the polyPod. Edge computing, and the accompanying principle of decentralisation are the key aspectsof the polyPod. These in combination make for a highly scaleable, secure and cost efficient model. For the internet of things to be sustainable we need solid foundations - the polyPod makes sure that data never needs to leave the Wearable, Smart-Watch, car or other IoT device that captures data in the first place. Thinking in this new paradigm allows developers to build features on top of the polyPod with the help of simple building blocks. Last but not least, this means a win-win for businesses too who can meaningfully reduce storage costs and eliminate those that have emerged as a result of GDPR - not to mention the risk of a data breach. At the same time higher quality data insights are generated - from customers who don't have to give up their data. That’s what a profitable data exchange looks like with a polyPod user. The polyVerse, is the set of organisations behind polypoly. To empower the purpose-driven vision of inventing a new economic system for data, the polyVerse is comprised of three entities; The Foundation, The Enterprise and The Cooperative. All three entities serve a different function, yet are connected to ensure that the balance of interests combined goes into building a data economy that is efficient, privacy compliant and sustainable. polypoly Enterprise is focused on economic interests and the requirements of the economy, polypoly Foundation focuses on Government requirements and a regulatory framework for the fair use of data. polypoly Cooperative is citizen focused and represents their interests, especially regarding wealth generated from their data. All three entities serve a different function yet the combination ensures that the balance never shifts in favour of one particular group's interests. All three entities keep each other in check to make sure the power balance is equally distributed.polypoly Enterprise: Creates solutions for entrepreneursSuccessful digital business models are based on data. But Europe is losing its data capital to foreign mo- nopolies. European companies are currently dependent, gradually being deprived of access to business models that drive the digital economy. The solution: A decentralised data economy. polypoly Cooperative provides the technical basis – the polyPod. We develop tools and prod- ucts for an easy transition to a decen- tralised data economy. Entrepreneurs will be able to liberate themselves from data monopolies, therefore protecting their existing models and building new digital ones.polypoly Foundation: Understands the needs of public servantsEurope is losing its data capital to foreign monopolies. As a result, European companies are cut off from their customers. Citizens data privacy is unprotected, and European states are losing taxpayers‘ money. We assist governments to build a decentralised data economy for Europe. The technical infrastructure is provided by a coop- erative of European citizens using the polyPod. The GDPR is baked into its code. The polyPod efficiently protects European citizens and frees European companies from dependence on data monopolies. It then follows that taxes on profits generated from European data capital are returned to Europe.polypoly Cooperative: Represents the interests of all citizensThe core idea of every cooperative is achieving more together. Togetherwe can reclaim sovereignty over our data! We are developing the technical basis for a decentralised data econ- omy: The polyPod, which belongs to all members of the Cooperative. The polyPod is available to all citizens enabling them to reclaim their data sovereignty. The polyPod stores user data on their personal end devices, which it never leaves. Citizens can choose how to make their data availa- ble, whether as a donation or for rent. If money is exchanged the cooperative receives a small percentage which is distributed to all cooperative members.