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With privacy becoming increasingly important, the DPPA wants to help figure out ways to address the issue at scale.

Over 20 businesses worldwide have created the Data Privacy Protocol Alliance (DPPA). DPPA said Wednesday it intends to build a decentralized blockchain-based data system it hopes will compete against data monopolies such as Google or Facebook by allowing users to take control of their own data.

Specifically, the Data Privacy Protocol Alliance will develop a set of guidelines and specifications for a version of CasperLabs’ layer one blockchain “optimized for data sharing, data storage, data ownership and data monetization,” according to the announcement.

The Casper Network is a proof-of-stake network where businesses can build private or permissioned applications. The network also claims to offer upgradeable smart contracts, predictable gas fees and the ability to support scale.

Speaking at the founding members meeting on May 4, Ivan Lazano, head of product at DPPA founding member BIGtoken, presented an initial proposal. He said any system should include being able to support tools like a data wallet that gives users control over their data and who monetizes it, It should also include non-commercial data storing and sharing capabilities. He also said any data privacy system should also let commercial users onboard, verify and handle large data sets, among other areas.
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