Imagine if everything you owned or used had a unique code that you could
scan, and that would bring you a wealth of information. Creating a
database of billions of unique identifiers could revolutionise the way
we think about objects. For example, if every product that you buy can
be traced through every step in the supply chain you can check whether
your food has really come from an organic farm or whether your car is
subject to an emergency recall.
But it's not just consumers who will benefit from a world of unique
identifiers: governments and businesses are making use of them too. The
company Okkam indexes unique identifiers for the vast amount of data
available online. Okkam srl was created to commercialise technologies
developed within the EU-funded research project OKKAM. One of their main
customers is the regional government in Trentino which is using big
data, as processed by Okkam srl, to improve their tax collecting
activities.
"We are working with the regional government in Trentino to collect
data about tax payers," says Paolo Bouquet, president of Okkam srl. "We
use it to help discover tax evasion, which is, as you can imagine, a
very hot topic in Italy."
The company is also working with the financial services industry to
help prevent a deepening of the financial crisis. By bringing together
data about individual customers from banks, credit rating companies and
the web, lenders can identify high-risk individuals and change their
lending decisions accordingly. This will make it easier to prevent the
high rates of defaulting that brought about the recent global financial
meltdown.
Using identifiers to index the world
Okkam srl provides a centralised repository of identifiers (or
labels) for people, organisations and things. Anyone can use these
labels to index anything that might be of interest online or in private
collections.
The difficulty with using big data is that the person or business
named in one database might have a completely different name somewhere
else. For example, news reports talk about Barack Obama, The US
President, and The White House interchangeably. For a human being, it's
easy to know that these names all refer to the same person, but
computers don't know how to make these connections. To address the
problem, Okkam has created a Global Open Naming System: essentially an
index of unique entities like people, organisations and products, that
lets people share data.
"We provide a very fast and effective way of discovering data about
the same entities across a variety of sources. We do it very quickly,"
says Paolo Bouquet. "And we do it in a way that it is incremental so you
never waste the work you've done. Okkam's entity naming system allows
you to share the same identifiers across different projects, different
companies, different data sets. You can always build on top of what you
have done in the past."
The benefits of a unique name for everything
It's not just data that benefits from Okkam's unique name register.
Real world objects like bus stops and newspapers are getting the unique
identifier treatment. Using simple technologies like QR codes (the black
and white 'messy chessboard' type of bar code) and Near Field
Communication (a radio frequency that allows mobile devices pass
information back and forth), Okkam has made it possible to tag real
objects with online, up-to-the-minute data.
For example, the province of Trentino has equipped each of its bus
stops with unique QR codes. This means that passengers can scan the code
and get the latest information about travel disruption or download
timetables. The future 'internet of things' takes a step closer with
this technology.
OKKAM received research funding under the European Union's Seventh Framework Programme (FP7).
Link to project on CORDIS:
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FP7 on CORDIS-
OKKAM project factsheet on CORDIS
Link to project's website:
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OKKAM website
Other links:
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European Commission's Digital Agenda website