We are honored to announce that Meeco has once again been recognized at the MyData Awards 2024-2025, continuing our journey that began with the launch of the Awards in 2020. This marks our fifth consecutive year receiving MyData recognition for our Secure Value Exchange (SVX) platform, reflecting our ongoing commitment to human-centric data practices and personal data management.
Since 2020, when Meeco received the first MyData Operator Award, we've been grateful to be part of the ethical personal data movement. Meeco was the proud recipient again in 2021, 2022 and 2023, and we're honored that our work continues to be recognized in this 2024-2025 Awards cycle.
This year MyData added 3 new award categories in addition to the existing Technology category; Business, Governance and Thought Leadership. Meeco was successful in meeting the criteria for all four award categories.
The Gold Standard for Ethical Data Use
The MyData Operator Award is the gold standard for ethical use and sharing of personal data. The Award recognises operators of human-centric infrastructure for personal data management and sharing. This approach forms the foundation of Meeco’s SVX Privacy-by-Design and Security-by-Design architecture.
This year’s MyData Awards encompasses four key categories that reflect the comprehensive nature of building human-centric data ecosystems. The criteria for each category is as follows:
- Technology – developing and implementing personal data infrastructure and empowerment technologies
- Governance – creating regulatory policies, standards, and governance mechanisms aligned with human-centric data principles
- Business – operating financially sustainable models that prioritize individual empowerment
- Thought Leadership – advancing understanding and advocacy for human-centric approaches
Our Commitment to Data Trust
What we hope distinguishes Meeco is our foundational commitment to data trust principles that we established ever since our founding in 2012. Meeco's guiding design and development principles of Privacy-by-Design and Security-by-Design ensures we architect all our products to provide privacy and security by default.
Our approach is built on several non-negotiable principles:
Zero-Knowledge Architecture: Our SVX platform is designed to ensure that Meeco does not have access to any personally identifiable information (PII).
No Data Monetization: Meeco never reads, mines or sells personal data. Data is only ever exchanged explicitly on the terms agreed between individuals and the people and organisations they trust. We believe users should be customers, not products.
Enterprise-Grade Security: Meeco is ISO 27001 accredited, and our technology is used by banks and financial institutions. We've worked hard to meet relevant bank security requirements and data management policies.
Developing Trusted Data Ecosystems
Our continued recognition aligns with evolving regulatory frameworks including the EU's Data Governance Act (DGA). The DGA introduced the role of an Intermediary to provide secure infrastructure between data holders and data recipients. Importantly, Intermediaries are required to work in the best interests of the data subject (individual) and not collect or repurpose data for their own use. This requirement aligns well with Meeco's technical and commercial approach.
Meeco’s ethical data management solutions align with data protection regulations like GDPR and DGA in Europe, and the Consumer Data Right (CDR) in Australia. This means our enterprise customers can achieve both regulatory compliance and leading-edge technology through the implementation of Meeco’s SVX platform.
Perhaps most importantly, our MyData Award recognition reinforces our belief that ethical data practices are not just the right thing to do; they can also be good business. In an era where data breaches, privacy scandals, fraud and regulatory fines make headlines, we strive to build a business model based on trust and transparency.
Our experience demonstrates that when individuals have control over their personal data, they're more willing to share it for mutual value. This can create higher-quality, more reliable data flows that benefit everyone in the ecosystem, from individuals to businesses, and society as a whole.
Looking Forward
As we reflect on this recognition, we remain focused on the work ahead. The personal data landscape continues to evolve rapidly, with new technologies like AI creating both opportunities and challenges for individual privacy and empowerment.
The trust placed in us by the MyData community, our partners, and the individuals who use our SVX platform motivates us to maintain high standards in everything we do. As we look toward the future, we remain committed to the principles that have guided us from the beginning: putting people first and working towards a more trusted digital world.
Thank you to the MyData Global community for this continued recognition, and to our team, partners, and customers who make this work possible.
