Tourism

What if the tourism stakeholders had the ability to form meaningful connections to collaborate with each other on complex issues regarding the industry such as overtourism or sustainability while all their data is safeguarded and held in trust?

This is exactly what a data cooperative can do.
The diverse tourism sector with its multitude of small and medium-sized enterprises cutting across a myriad of industries and geographies is especially suited for a cooperative that seeks to work jointly by exchanging data to solve issues and problems while retaining ownership of one’s data. Data cooperatives can help these businesses collaborate, optimize their practices, and ensure fairer outcomes for all stakeholders.

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Health Care

The healthcare sector generates massive amounts of data, which hold significant potential for analysis. However, concerns over the sensitivity of health data have slowed digital adoption. salus.coop in Spain exemplifies a data cooperative that empowers individuals to store and access their health data while enabling analysis. Moreover, data cooperatives can support collaborative health solutions, as demonstrated by the Breakthrough Collaboratives, where various stakeholders in healthcare collaborate to find innovative solutions.

Living Labs

Data cooperatives have great potential in „Living Labs,“ where individuals’ activities are digitally tracked. While the idea of personal data collection can be unsettling, data cooperatives can ensure that individuals have full control over who accesses their data. This transparency helps build trust and allows participants to benefit from insights derived from their data, improving their lives. Examples include Helsinki Smart City Services, which uses data cooperatives to improve urban living.

Credit Scoring

Data cooperatives offer a new way for individuals to collect and protect their creditworthiness data. Unlike traditional systems, data cooperatives allow more sensitive data to be shared in an anonymous, secure manner. Creditworthiness criteria can be transmitted to the cooperative, which only confirms whether the conditions are met, without disclosing specific data. This approach gives borrowers privacy while empowering them to improve their credit standing.

Construction Sector

The construction industry has a high proportion of small and medium-sized enterprises (SMEs). While there are many tools available to digitize this sector, the cost and complexity of implementation can be prohibitive for smaller businesses. Often, companies use heterogeneous software systems without seamless integration. A data cooperative can help bridge this gap, as seen with the Bayerischer Bauindustrieverband’s data cooperative, bauform eG.