Data is the asset
Data, especially data content that is verified by trusted parties, defines the accountability of participants in this inter-connected world, therefore, becomes the binding force in exercising social contracts.
The Goal
Setting up a rigorous reasoning mechanism to ensure the judgements are always based on a known set of rules, and these rule sets are also encoded in a publicly shared data.
Professor Sandy Pentland and others had published a paper titled Personal Data: The Emergence of a New Asset Class[1]. He is also the founder of the software called: OPAL for Open Algorithm.
Some relevant papers and online articles can be found here[2]:
Data Governance
History of Data Governance
The Notion of Key-Value Pairs
For starters, please watch a presentation on the history of Double entry bookkeeping, titled: Monks, Maths and Magic, by Jane Gleeson White.
{{#ev:youtube|https://www.youtube.com/watch?v=jmVfDbqRxKo%7C%7C%7C%7C%7Cstart=100&end=103}}
Lecture Notes
The following Google Presentation is the slide set for: Intro to Thread 5:ICT Awareness and Competency in Data Governance.
References
http://thewiki.us mySignature myPublicKey
- ↑ World Economic Forum, Personal Data: The Emergence of a New Asset Class, 2011, URL:http://www3.weforum.org/docs/WEF_ITTC_PersonalDataNewAsset_Report_2011.pdf, last accessed: May 4, 2021
- ↑ Virginia Collins,Managing Data as an Asset, https://www.cpajournal.com/2019/06/24/managing-data-as-an-asset/#:~:text=Because%20data%20is%20an%20intangible,as%20the%20asset%20it%20is.&text=Organizations%20must%20begin%20managing%20data,from%20it%20as%20real%20assets.,The CPA Journal ,June 2019 Issue