Four social media giants, Facebook, Twitter, Microsoft and Google on Friday announced to join the open source initiative named Data Transfer Project. This will help millions of users a great deal to manage and transfer their data into and out of online services without any privacy issues.

In the initial stages, the Data Transfer Project will help users of one service to use their data to sign up for another service with encryption.

“Using your data from one service when you sign up for another still isn’t as easy as it should be. Today we’re excited to announce that we’re participating in the Data Transfer Project,” said Steve Satterfield, Privacy and Public Policy Director at Facebook in a statement.

“For example, you might use an app where you share photos publicly, a social networking app where you share updates with friends, and a fitness app for tracking your workouts,” said Satterfield.

“These are the kinds of issues the Data Transfer Project will tackle. The Project is in its early stages, and we hope more organizations and experts will get involved,” he added.

According to Google, the project will let users “transfer data directly from one service to another, without needing to download and re-upload it”.

The tech giants also released a white paper on this project.

“The future of portability will need to be more inclusive, flexible, and open. Our hope for this project is that it will enable a connection between any two public-facing product interfaces for importing and exporting data directly,” read the white paper.

“Information that is housed on one platform cannot be easily and securely transferred to other services. This is not a positive collective experience for the people who use our services and we are keen to work through some of the challenges as an industry,” Twitter said.

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Formed in 2017, The Data Transfer Project was formed to create an open-source, with ability to move data between online services freely and without any risks.