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The potential and development of data spaces

Posted on 31.07.2023 By Nick Kakuschke

Today, companies and individuals alike generate, process and use an immense amount of data, which, according to estimates, will continue to grow worldwide from 64.2 zettabytes in 2020 to an estimated 180 zettabytes in 2025. However, then as now, the global data economy is dominated by individual companies, the so-called BigTechs such as Alphabet, Meta, Amazon and Microsoft. One way to realize data exchange and use apart from the monopolistic BigTechs is based on the concept of trusted data spaces. But what exactly are data spaces and how do they work? This blog post addresses this question and shows a possible target picture for data spaces in Switzerland from the Business Engineering Institute St. Gallen.

All, Data, Digitization, Ecosystems, News, Nicht kategorisiert, technologies

Asymmetric cryptography and digital signatures – Part 2

Posted on 11.04.2023 By Nick Kakuschke

The first part of this blog series introduced the concept of symmetric cryptography, which can en-sure the confidentiality of data to be exchanged. Symmetric cryptography is based on the funda-mental assumption that the key used, which is to be kept secret, must be transmitted between the communication partners via a secure channel, since otherwise third parties with knowledge of the key can access the ciphertext. Accordingly, with the help of symmetric cryptography, the problem of secret message transmission is reduced to secret key transmission only. To get around this prob-lem, this second part of the blog series presents an introduction to the concept of asymmetric cryp-tography.

All, Ecosystems, Nicht kategorisiert, technologies

Basics of cryptography and symmetric encryption

Posted on 27.03.2023 By Nick Kakuschke

As the volume of data exchanged increases, aspects for ensuring data security such as ensuring integrity, availability and also confidentiality are becoming increasingly important. Such require-ments can be provided by cryptographic methods. In this blog post, the basics of cryptography are presented and explained using the concept of symmetric cryptography.

All, Data, Digitization