Technology leaders want to drive development of new organisational capabilities like data driven, agility and innovation in order to leverage those capabilities as differentiators to create new revenue streams, evaluate platform business opportunities and address internal inefficiencies to reduce the cost of doing business.
Today we rely on centralised, single-administrative secure domains and intermediaries such as banks and cloud providers to be trust anchors. For instance, diverse 5G services like augmented reality, autonomous vehicles, IoT cannot be accomplished without co-operation and trusted relationships across multi-administrative secure domains as well as decentralised applications where data sets and services can be composed specifically based on the situational context for each user.
The ability to collect and exploit trustworthy data lays the foundation needed to accomplish the most strategic business goals. FileChain is anchoring that trust at the lowest level of granularity in the identity of each asset owner and in the signature of the data being shared between parties.
Benefits for All
Find out how you can benefit from using FileChain in every step of a data workflow...
from sourcing data from individuals, devices or systems, to connecting parties, enriching workflows and knowledge and trading assets within any ecosystem.
Define, manage and on board identities of individuals, teams, companies, devices, systems, apps at scale and encrypt and protect data directly at the point of creation or capture.
PC, Mobile, Wearables
Smart meters, Connected Vehicle, Factory Plant, Robotics, IoT Sensor
Pricing-, Trading-, Charging- System
Guarantee the proper setup of any network, computing and storage infrastructure and deliver data with highest level of security, auditing and traceability on-ledger or off-ledger whilst the associated control plane and subscription agreements remain managed on-ledger.
CDN and VPN Providers
Network Service and Equipment Providers
Data Centres, Cloud Service and Edge Cloud Service Providers
Manage by whom and for what purpose data can be processed on highest level of granularity, maintain traceability of any input like data sets, models used for AI and guarantee that any outcome or formal decision reaches its intended recipients.
Developers, SaaS, ERP
and Automation Systems
Big Data, AI Providers
Data Labelling and Data Sanitisation
Uniform and streamline sharing of data in accordance with industry-wide standards, distribute reliably full life cycle accountability of any asset like property title or token, reconcile asset trading registries and audit account balances to transacting parties
Broker of Knowledge
Process and Product Optimisation
Trading In Data
Situational Data, Sensor Data
Trading On Insights
Marketplaces like Media and Ad Exchanges
Proper identity management underpins any digital transformation project or collaboration solution. GDPR assumes there is always an identifiable entity that is responsible for determining the purpose and means of processing personal data. But accurate, unique and trusted identities of individuals or devices are also required to guarantee the authenticity of the origin or owner of any information, decision or asset shared between business parties.
FileChain provides the means to define and to manage identities of devices, systems, individuals, teams or companies at scale. It allows for easy on-boarding of trusted identities that independently can form value networks for any type of data workflow or transaction. FileChain empowers identity brokering between digital identities and the administrative domain that handles them in industry-wide solutions. This makes it possible to establish encrypted and trusted connectivity to dynamically provisioned entities or mobile entities across different administrative domains and to provide global access control.
The use of human, device and system generated data from multiple sources and formats to drive decisions is a competitive imperative. Yet we are unable to guarantee the integrity and quality of the data if it is not protected at the point of the capture itself. Otherwise data consumers have no option but to rely on the reputation of the entity delivering the data. This preserves legacy marketplaces and intermediaries market dominance and control.
FileChain provides a decentralised fine-grained data sharing protocol which delivers a data integrity guarantee to data consumers regardless of which data source is being used, a privacy and encryption mechanism enabled at the point of capture for sharing without risking data exposure to others and near real-time availability whilst guaranteeing control, traceability, transparency and compliance to all actors involved.
Any large network or storage infrastructure is made of many components and devices which need to be properly setup and maintained over time. An audit trail for all setup changes is required to limit the complexity, transaction cost and latency of any large collection and aggregation platform. Sharing of data among bounded and isolated domains using caching and data duplication introduce problem with stale, out-of-date data and lack of end-to-end support.
FileChain provides the ability to guarantee the correct setup of any networking, computing and storage infrastructure by detecting any deviation from a trusted baseline of an expected configuration of devices and network equipment for a telecommunications operator or hosting provider.
Traditional distributed ledger technologies introduce computational complexity, high latency and fail to handle massive data loads comparable to those managed by traditional custodian financial or networking systems.
FileChain provides the ability to deliver data with the highest level of security, auditing and traceability requirements directly on-ledger but also enables data with real-time properties or massive volumes to be delivered off-ledger while the associated control-plane and subscription agreements remain managed on-ledger to scale and to combine the benefits. FileChain can be integrated with any legacy system as well as being containerised in a docker image and runs on Kubernetes. This level of selectivity offers possibilities to establish new business models based on the transaction value.
Limited access to real-time data sets, siloed data and duplication of data is a paramount challenge. Distributed micro service architecture enables multiple stakeholders to run their own administrative domains. Each administrative domain is a data processor and is responsible for determining the purpose and means for processing data. Partners should be able to collaborate and share information and decisions one the same ledgers used to audit those same transactions in order to streamline activities and to reduce cost.
FileChain provides ledgers guaranteeing and proving the veracity of any transaction, event, state, asset or data transfer made between any of the value network's members with access always granted on a need-to-know and granular basis for improved confidentiality. FileChain enables new level of collaboration between partners as even competitors such as suppliers can now share the same IT infrastructure when dealing with the same buying customer to reduce operational costs without compromising their competitive advantages or price points. FileChain also provides an indisputable and auditable log to track the proper origin of any piece of digital input used in AI systems or regulatory compliance solutions for full traceability as well as the guarantee that any outcome and formal decision reaches its intended recipients.
With data integrity and traceability guarantees, legacy vendors and intermediaries can no longer act as gate-keeping bottlenecks. To future-proof your organisation, and unlock opportunity from any personal data, you need a GDPR compliant solution where data not only can be appended but also be permanently deleted and rectified, and consent can be captured with low latency, agility and granularity to allow for automated decision-making and processing. For instance, the right to be forgotten requires the data to be erased rather than just being made inaccessible and illustrates the risk for public and corporate decision makers and their organisations to not be compliant without proper solutions in place.
FileChain provides the means to dictate how data can be processed by who and for which purpose by enabling high level of granularity in how consent can be expressed officially. FileChain is fully compliant with the GDPR framework for personal data in Europe as well as any similar framework at play such as for IoT devices. FileChain can store personal data off-chain to ease rectification and erasure on-demand or after a specific retention period. Each domain owner is a data processor with full sovereignty to grant and to revoke access dynamically in accordance with agreed data processing agreements. A domain can use FileChain to manage these obligations and execute contracts such as service level agreements with legal validity.
The impact of having access to structured, meaningful data, is likely to become even more important for collaboration between independent business partners and in areas using artificial intelligence. The ability to engage in data activities across multiple segments can lead to greater value creation opportunities. Companies providing multiple and context-aware services can build up a more accurate and valuable picture of their customers or rely on trusted automated decision-making processes which can be understood and audited from the same IT infrastructure.
FileChain can provide adapters to format and to package digital information according to standards defined by any alliance or industry-wide consortium to uniform and streamline the sharing of data in market places, reducing costs for all parties and offering new commercially attractive services. FileChain is managing relationships between entities like identities and assets, and can connect various feeds of data together in a compliant way for further enhancement and analysis while the data remains decoupled and owned by the data subject. FileChain exposes APIs (Application Programming Interface) that allow software programmes to share information in a standardised format but does not take control of the actual data passing through the system, which remains with the administrative domain that owns the business logic and the customer relationship for instance.
Asset providers want to control who access their assets as well as how and where those assets have been used. By ensuring this virtual paper trail of provenance and usage combined with identity management, access control and service level agreement obligations, market places can be built that include and empower exponentially more stakeholders and validators. Benefits grow exponentially the more the data is shared and used and for instance out-bound and in-bound roaming challenges across different geographies and jurisdictions limit mass adoption of blockchains. It will require both technical and business-model interoperability to make data accessible across applications and platforms in a secure and controlled way.
FileChain provides the means to distribute reliably, at scale and with full auditing capabilities account balances, property titles and tokens during the trading of goods or services for full life cycle accountability of any asset. FileChain peer-to-peer implementation improves coordination between various partners, due to a shared view of transactions and liabilities instead of the need for consolidation across various disparate systems. This also allows for seamless real-time rating, charging and reliable audit trails due to the history of all transactions being available on a single ledger for this ecosystem of partners and actors.