How is the Consumer Data Right (CDR) data different to open data?
The Consumer Data Right (CDR) data refers to the use of open standards and technologies in designated sectors (i.e., banking and energy). This enables customers (i.e., consumers or businesses) to provide explicit consent for the secure sharing of CDR data held about them, by a data holder , with an accredited data recipient under a data sharing arrangement.
Open data refers to the publishing of data using open standards and implemented in technologies such as RESTful APIs, JSON, and XML. Datasets can be as diverse as climate information, transport timetables, employment data and healthcare statistics. Open data is often published under licenses that allow it to be freely used, shared and modified for any purpose.