The Uk is a fundamentally strong economy, with a global reputation as a good place to do business. Consumers benefit from competitive markets which not only deliver better quality goods and services but also greater choice and innovative products and services. With the changing nature of markets and the new development of new technologies and practices, it is imperative to review the regulatory model. The increased use of data has enabled companies to develop sophisticated, individual offers to consumers, but also means that companies know far more than they ever did before about our preferences, patterns of spending and engagement with the market. This is where we find the connection to data portability. The access that each consumer has to their own data with out being afraid where it is, or where it may be heading. Having right of access regardless of what information is being handled, and having full control of it.
These are steps that are being taken by economies, and nations around us. With the new GDPR in the EU, it has set a precedent for online security, and data portability.
Read the full Consumer Green Paper proposal here: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/699937/modernising-consumer-markets-green-paper.pdf
At IDLink we are able to help you comply with the GDPR, and have access to data portability. No matter the business, company, or location we are able to help. Visit our website for more details. www.idlink.eu