The Impact of the European General Data Protection Regulation (GDPR) on Future Data Business Models: Toward a New Paradigm and Business Opportunities
This chapter explores the impact of the European General Data Protection Regulation (GDPR) on future Digital Business Models (DBM). It starts by reviewing the legal framework brought by the GDPR. It continues by analyzing its impact on companies and concludes by presenting the foundations of a new paradigm for GDPR-compliant DBMs. We finish by anticipating a stimulating effect of the GDPR that may also help to save costs for companies and develop innovative business models.
This chapter has been written on the basis of several H2020 research projects, including Privacy Flag and Synchronicity. Both projects have been cofinanced by the European Commission and the Swiss State Secretariat for Education, Research and Innovation. The content of the article is shared on a non-exclusive basis.