This article examines the challenges and prospects of ensuring information transparency in the context of digitalization of education and the economy. The paper explores key aspects of information transparency, its significance, and impact on the development of the educational sector and digital economy in modern conditions. The benefits of transparency in online education are analyzed, particularly in the development of learning materials, student assessment, and determination of teacher qualifications. Research demonstrating the positive impact of transparency on increasing student trust in the quality of online courses and ensuring fair treatment of all participants in the educational process is considered. Special attention is paid to issues of academic integrity in the digital age. Challenges related to preventing plagiarism, copyright infringement, and other violations of academic ethics are discussed. A comprehensive approach is proposed, combining technological solutions, educational measures, and clear procedures to ensure transparency and academic integrity in the digital educational environment. Problems of confidentiality and protection of student data as a key aspect of information transparency in education are examined. Challenges associated with balancing the need for transparency in educational processes and protecting students' personal data are analyzed. The importance of developing clear privacy policies, implementing data protection technologies, and raising awareness among all participants in the educational process about potential risks and security measures is emphasized. In the context of the digital economy, the advantages and challenges of ensuring transparency in the creation, dissemination, and use of open educational resources are considered. Necessary procedures for peer review, evaluation, and attribution of authorship to improve the quality and trust in open educational materials are discussed. Challenges related to data bias that can lead to inaccurate or false conclusions and decisions are analyzed. Sources and consequences of data bias, such as lack of representativeness, inaccuracies in data collection, and algorithmic biases, are examined. Approaches to detecting and minimizing bias are proposed, and the importance of transparency in data processing methods is emphasized. Significant attention is given to the role of digital literacy in ensuring information transparency. Aspects of user perception and interpretation of data, as well as information providers' understanding of audience needs and expectations, are considered. The need for continuous learning and skill enhancement to bridge the digital divide and ensure effective use of transparent information is emphasized. The article also analyzes successful initiatives in ensuring information transparency in various fields, including public administration, the corporate sector, and education. Success factors such as political will, active civil society participation, and the use of innovative technologies are examined. The work emphasizes the importance of a balanced approach to ensuring information transparency that would consider issues of security, confidentiality, and data protection. The need to develop effective technological solutions and policies that would ensure proper data protection in combination with a high level of transparency is emphasized. The conclusions state that information transparency is an integral component of the effective functioning of educational processes and the digital economy. It contributes to improving quality, accountability, trust, and innovation, while requiring a balanced approach and consideration of security and privacy issues. Ensuring an appropriate level of transparency requires close cooperation among all stakeholders, implementation of advanced technological solutions, and improvement of the regulatory framework.