polypoly is one of the largest infrastructure projects of our time – an Edge Data Ecosystem that can map the entire value creation chain of the data economy on the devices of private citizens. In doing so, we are addressing a market that is estimated to be worth € 674 billion in 2025 – the European data economy.
polypoly enables the collection, cleaning, mediation and analysis of data directly on citizens’ end devices. This way, data suppliers who are not paid become real partners who can offer data-based services in a self-determined manner.
by using already paid for data processing infrastructure while reducing the number of stakeholders.
due to direct exchange between data producers and data consumers.
due to creation of a »single source of truth« directly where the data originates, on the end devices of the data producers.
Currently, Europe holds 3 % of the world’s data capital and is lagging behind in the most important areas of today’s data economy. As a result, foreign companies are deeply encroaching on the value creation chains of European companies.
The pressure on European businesses is increasing and with it the willingness to support a European solution that frees them from dependence on non-European companies.
Sources: Data Broker
The polyPod serves as a platform for an Edge Data Ecosystem. Designed as a Super-App, it functions as a marketplace for the provision of services by third parties. The polyPod can thus integrate multiple services, including financial transactions, into an all-encompassing, self-contained trading and communication platform. These services cover many aspects of personal and business life.
The polyPod works continuously as infrastructure for big data and federated AI applications. Data consumers, such as companies or institutions, gain access to tools and frameworks for the development of services and systems for decentralised data management, big data and federated AI applications. The existing system landscape can be seamlessly integrated with these applications – a service provided by polypoly.
Transaction fees accrue each time data-related services are exchanged, financing development. A usage fee is due for data-related services and the rest is distributed to users as income. Settlement takes place via a clearing house, which charges a proportionate transaction fee. This is distributed in equal parts to the polypoly Enterprise and the polypoly Cooperative. The latter distributes surpluses to its members in the form of returns.