Personal big data pricing method based on differential privacy

Personal big data can greatly promote social management, business applications, and personal services, and bring certain economic benefits to users. The difficulty with personal big data security and privacy protection lies in realizing the maximization of the value of personal big data and in striking a balance between data privacy protection and sharing on the premise of satisfying personal big data security and privacy protection. Thus, in this paper, we propose a personal big data p ricing m ethod based on d ifferential p rivacy (PMDP). We design two different mechanisms of positive and reverse pricing to reasonbly price personal big data. We perform aggregate statistics on an open dataset and extensively evaluated its performance. The experimental results show that PMDP can provide reasonable pricing for personal big data and fair compensation to data owners, ensuring an arbitrage-free condition and finding a balance between privacy protection and data utility. (c) 2021 Elsevier Ltd. All rights reserved.

Automated summary

Personal big data plays a crucial role in promoting social management, business applications, and personal services, but ensuring the balance between maximizing value and protecting privacy remains a challenge. The proposed PMDP method aims to provide reasonable pricing and fair compensation for data owners to achieve a balance between privacy protection and data utility.