In this paper, we introduce a privacy-enhanced Peer Manager, which is a fundamental building block for the implementation of a privacy-preserving collective adaptive systems computing platform. The Peer Manager is a user-centered identity management platform that keeps information owned by a user private and is built upon an attribute-based privacy policy. Furthermore, this paper explores the ethical, privacy and social values aspects of collective adaptive systems and their extensive capacity to transform lives. We discuss the privacy, social and ethical issues around profiles and present their legal privacy requirements from the European legislation perspective.