Data has become the fundamental driving force for economic growth and innovation. Due to its unique nature and as a mechanism for value creation, every link produced by data has also brought challenges in consumer privacy, data security, and data ownership. By promoting the understanding from researchers, policymakers, and business experts from all over the world, Luohan Academy aims to push for a consensus on data governance best practices, privacy protection, and data security so that we can better integrate data into our daily life effectively, safely, and trustingly.