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BER Fall 2022 Innovative Data in Household Finance: Opportunities and Challenges Frontiers in Transaction Data Alvaro Ortiz, PhD BBVA Research Boston, 9th December 2022Panel Session: New Frontiers
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Research different innovative data collection methods such as IoT devices, smart appliances, and wearable technology.
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Identify the specific data points you want to collect in your household, such as energy consumption, temperature, or water usage.
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Purchase and install the necessary tools or devices to start collecting data in your household.
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Set up a system to analyze and interpret the data you collect to make informed decisions about resource usage or lifestyle changes.

Who needs innovative data in household?

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Homeowners looking to optimize energy efficiency and reduce utility bills.
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Innovative data in household refers to new and advanced information collected from households for research or analysis purposes.
The head of the household or the authorized representative is required to file innovative data in household.
Innovative data in household can be filled out online through a designated platform or by submitting paper forms to the relevant authority.
The purpose of innovative data in household is to gather insights and information about the living conditions, behaviors, and preferences of households for various studies and policy-making decisions.
Information such as household size, income, expenditure, assets, education level, employment status, and lifestyle choices must be reported on innovative data in household.
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