Open data exchange market platform design: Requirement and solution to improve open data exchange market with overview of the actual implementation use case

Abstract

The variety of products connected to the internet by the Internet of Things (IoT) is rapidly increasing. These products range from industry to consumer products; in fact, a virtual majority of products is expected to become IoT devices in the near future. However, because the information given by these IoT devices is only used by their owners, the term "intranet of things" appears to be more appropriate. For IoT to truly become the Fourth Industrial Revolution, this closed intranet-based architecture has to be changed to an internet-based open architecture. The EverySense market platform provides a matching mechanism between data provider and data collector with device-independent interoperability. In a sharing economy mechanism with high privacy protection, value sharing should be also provided. This paper describes the architecture and concept underlying EverySense and introduces its actual implementation.