The future of society should be supported by an Internet of Trusted Data in order to enable both auditable provenance of identity and the credibility of data. in order to enhance economic viability of new technology solutions, policies and best practices. Simultaneously, an Internet of Trusted Data must protect the privacy of people, ensure public safety, economic and national security, and foster public, individual and business partnerships. In order to accomplish these goals thought leaders in federal, state and local governments should join with academia and carrier-scale private industry to work toward an Internet of Trusted Data.
An Internet of Trusted Data includes:
As the economy and society move from a world where interactions were physical and based on paper documents, toward a world that is primarily governed by digital data and digital transactions, our existing methods of managing identity and data security are proving inadequate. Large-scale fraud, identity theft and data breaches are becoming common, and a large fraction of the population have only the most limited digital credentials. Even so, our digital infrastructure is recognized as a strategic asset which must be resilient to threat. If we can create an Internet of Trusted Data that provides safe, secure access for everyone, then huge societal benefits can be unlocked, including better health, greater financial inclusion, and a population that is more engaged with and better supported by its government. MIT Professor Alex Pentland and his co-editors Thomas Hardjono and David Shrier, and some of the world's leading data scientists, describe a roadmap and platforms to implement this new paradigm.
Professor Alex “Sandy” Pentland holds a triple appointment at the Massachusetts Institute of Technology in the Media Lab (SA+P), School of Engineering and School of Management. He also directs MIT’s Connection Science initiative, the Human Dynamics Laboratory and the MIT Media Lab Entrepreneurship Program, and has been a member of the Advisory Boards for Google, Nissan, Telefonica, Tencent, and a variety of start-up firms. For several years he co-led the World Economic Forum Big Data and Personal Data initiatives. He has pioneered the fields of wearable computing and computational social science, generating several successful startups and technology spinoffs. Sandy was recently named by the Secretary-General of the United Nations to the Independent Expert Advisory Group on the Data Revolution for Sustainable Development. Sandy has previously helped create and direct MIT’s Media Laboratory, the Media Lab Asia laboratories at the Indian Institutes of Technology, and Strong Hospital’s Center for Future Health. In 2012 Forbes named Sandy one of the “seven most powerful data scientists in the world”, along with the founders of Google and the CTO of the United States, and in 2013 he won the McKinsey Award from Harvard Business Review. Prof. Pentland’s books include Honest Signals and Social Physics. He was named to the National Academy of Engineering in 2014. Sandy holds a BGS from the University of Michigan and a Ph.D. from MIT.
David Shrier is a seasoned innovation catalyst with expertise in data/analytics, fintech, digital identity, cybersecurity, and collaborative innovation. David is the founder & CEO of Distilled Analytics, a data/machine learning fintech derived from MIT research that is transforming financial services through behavioral analytics. He holds a dual appointment as an Associate Fellow with the University of Oxford, Said Business School, and Lecturer & Futurist at the Massachusetts Institute of Technology, where he previously was Managing Director, Connection Science and New Ventures Officer, MIT Sloan. David counsels the Government of Dubai on blockchain and digital identity; informs Millennium Advisors, a middle market credit liquidity provider, about financial technology trends; and is a member of the FinTech Industry Commitee for FINRA, the securities industry's self-regulatory body. David also serves as Vice Chairman of cryptocurrency price prediction platform endor.coin; Chairman of Riff Learning; and advisor to blockchain-based commodities exchange Cleer.digital. He specializes in helping established organizations to build new revenue, having developed $8.5 billion of growth opportunities with C-suite executives for Dun & Bradstreet, Wolters Kluwer, Ernst & Young, GE, The Walt Disney Company, AOL Verizon, and Starwood, as well as leading private equity and VC funds. David teaches courses and workshops for MIT such as "Future Commerce", “Data Academy”, “Big Data and Social Analytics”, and “Future Health”. David Shrier was granted an Sc.B. from Brown University in Biology and Theatre. David and Professor Alex Pentland have published books including Frontiers of Financial Technology, Trust::Data, and New Solutions for Cybersecurity, and jointly edit the Connection Science imprint of MIT Press.