What is the Mydex Trust Framework?

+1
0
-1
Thu, 20/11/2014 - 12:04

Anonymous (not verified)

[0]

Short Answer

The Mydex Trust Framework is a set of legal and technical rules that govern the information sharing that happens on the Mydex platform, and ensure trust and security when an individual decides to store or share their data. These rules apply to both individuals and connecting organisations, and are detailed in our Terms for Members, Terms for Connections and our Data Sharing Agreement.

MydexCIC's picture
Thu, 20/11/2014 - 12:04

MydexCIC

[120]
+1
+1
-1

Technical Answer

The Mydex Trust Framework is a set of legal and technical rules by which members of a network agree to operate in order to achieve trust online. At its core it delivers a trusted digital identity, a hyper secure Personal Data Store and platform from which individuals can connect to each other and organisations for the bi-directional exchange of information in a secure and verified manner. The Mydex Terms for Connections and Terms for Members define how the respective parties connected to the Mydex service manage their relationships with one another.

 

All data sharing is undertaken using a standard data sharing agreement in which the specific data to be shared and the uses that can be made of it are defined and agreed between both parties with the individual being in control of the permissioning process. This fundamental shift in the way in which individuals engage with organisations provides a stable, easy to to use, convenient and highly flexible yet secure utility for the individual and the organisations connecting with them.

 

Another part of the Mydex Trust Framework is an open API, which allows application developers and services providers signed up to the Mydex Trust Framework to offer value adding applications and services to members. This creates a new ecosystem for innovation, and new forms of engagement between organisations and individuals.

MydexCIC's picture
Thu, 20/11/2014 - 12:04

MydexCIC

[120]
+1
+1
-1