In the context of Cofinity-X, a dataspace is a core concept designed to facilitate secure, standardized, and decentralized data sharing among participants in the automotive value chain.

A Cofinity-X Dataspace operates as a virtual space where data providers and consumers can connect, exchange, and collaborate using agreed-upon standards and protocols without needing a central data repository or platform.

Catena-X, which is an initiative focused on creating a collaborative data ecosystem for the automotive industry, uses dataspaces to connect manufacturers, suppliers, service providers, and other stakeholders. Within a Catena-X dataspace, participants can exchange information about supply chain status, quality management, sustainability, and more, while ensuring compliance with industry standards.

The goal of the dataspace in Catena-X is to create an environment where data can flow seamlessly between participants to improve efficiency, transparency, and innovation across the automotive value chain.