#225: The Future of Data Collaboration with Fluree

This week on the Data Futurology podcast, we have a special guest, Eliud Polanco, to talk about an innovative approach to data management and access. This approach promises to make models and the management of data more reliable and secure.

Polanco, who is the president of Fluree, looks to a blockchain-driven future for data, where data blocks sit on the ledger, and the ability to access and modify them is based on a zero trust approach.

This unlocks innovation, Polanco says on the podcast, allowing organisations and individuals to take greater control over data, and do so in a more efficient manner. He points to GDPR regulations as a good example of where this approach can help. Currently, GDPR regulations require a lot of paperwork, but it’s inefficient and often ignored by both consumers and organisations. However, through a blockchain-based, decentralised approach to data management, a person’s right to control their data can be enhanced, but in such a way that the organisation can also manage the data more efficiently and effectively.

Polanco also provides an excellent potential use case in the financial services space. Financial services have strict regulatory requirements to monitor for money laundering and other illegal activities. However, that can be difficult to do based on data privacy and other regulations. In the example Polanco gives, it is difficult for a US financial services organisation to monitor transactions with Singapore, because US organisations can’t easily get access to Singaporean financial data.

However, this decentralised approach opens up the opportunity to have automation query data and return answers without the agent ever needing to see or touch the data. Suddenly it becomes possible to note a transaction without seeing the data of the transaction itself.

Enjoy this in-depth and nuanced discussion about one of the more exciting innovations on the data horizon.

Connect with Eliud Polanco: https://www.linkedin.com/in/eliud-polanco-977529131/

Contact Fluree: https://flur.ee/contact/

Read Fluree's Whitepaper on Data-Centric Architecture: https://flur.ee/wp-content/uploads/2023/01/Data-Centric-Technology-Architecture.pdf

Thank you to our podcast sponsor, Talent Insights Group!

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