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Theoretical Proof and Institutional Development of Data Trust |
ZHANG Li, HE Yu-ze |
Civil and Commercial Law School, Southwest University of Political Science and Law, Chongqing, 401120 |
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Abstract Data trusts have unique advantages in protecting data source entities, improving data circulation efficiency, and improving data regulatory systems. Although trust is a system originating from the Anglo-American legal system, its flexible interpretation of the concept of ownership provides new possibilities for exploring the interpretation of data in property law, thereby providing theoretical support for the separation of data property rights. There is also a value consistency between the fiduciary duty in trust and the protection of personal interests in the circulation of personal data. In specific mode planning, the data trustee should serve as the center, representing the data source entity to carry out data authorization, management, and trading activities. Data trust is essentially still a trust activity, and the interpretation of its legal relationship should start from the Trust Law and integrate other relevant legal norms: firstly, in the choice of data trustee subjects, data exchanges should be the best choice; secondly, the data screening for entering data trusts can refer to relevant grading standards and be confirmed through trust registration; once again, the scope of the fiduciary duty of the trustee should be based on the principle of personal interests in the data, with economic interests as exceptions; finally, the responsibility of the trustee should be determined separately based on different circumstances.
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Received: 25 February 2024
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