It has been developed as part of the Data Transfer Project an open-source, service-to-service data portability platform created to enable all individuals across the web to easily move their data between online service providers whenever they want. As mentioned, the utility is now only available to those in Ireland, with wider (worldwide) availability planned for the first half of 2020.
Privacy and security are key considerations, the social media giant notes, so the data transfer process will involve encryption, and users are asked for a password before a transfer can take place.
Once it is available, users will find the tool under their Facebook Settings. The tool will be first available to users in Ireland, and users can access the new tool from within their Your Facebook information section.
"The move follows the publication in September of a white paper by Facebook that looked at the issues of privacy and data portability".
As the tool is built on an open-source framework, it means other companies will be able to hook into the system and allow you to transfer data between platforms without each site having to build their own tools.
"For example, a company using the Data Transfer Project framework can send an existing data type to a new service by simply creating a new Data Transfer Project importer for that data type", said Software developer William Morland.
"We've learned from our conversations with policymakers, regulators, academics, advocates and others that real-world use cases and tools will help drive policy discussions forward", Mr Satterfield said.