🪝 Data Silos

Data silos refer to the isolated storage and management of data, which restricts the free flow and sharing of information. The root cause of this problem is the inconsistency in data authentication, which raises concerns over the legality and privacy of data, while failing to provide adequate incentives for sharing. This not only hampers decision-making by limiting access to comprehensive datasets, but also stalls AI innovation by creating barriers to the flow of information, all while heightening security and compliance risks.

To break down data silos, a unified data authentication standard is essential. This requires cross-regional and cross-organizational collaboration, supported by compatible technological solutions and advanced data management practices. However, such a system cannot be built within the constraints of a Web 2 environment.