Lambda, the leading blockchain infrastructure storage project, announced its strategic partnership with DATA, a blockchain based digital data authentication protocol powered by AI & P2P mobile storage infrastructure, in order to strengthen data trust alliance.
Allies in blockchain technology innovation, Lambda and DATA will explore approaches to address issues of data source tracking, confirmed ownership motivation and quality control. A priority is to assist industries like digital advertisement and financial technology to resolve data trust challenges, which has directly resulted to industry inefficiencies and steep costs. Both parties will collaborate to solve for these pain points.
He Xiaoyang, founder of Lambda said, “We are delighted to strategically partner with DATA. Our alliance will ensure secure data integrity, retrievability and authenticity for many blockchain projects and industries such as advertisement and finance. . We look forward to working together.”
Franklin Song, co-founder and CEO of DATA indicates, “DATA has been committed to addressing grave challenges like inefficient cooperation, waste of environmental resources and unfair value distribution that result from fake data and lack of trust in global digital ecosystem through blockchain technology. In addition, decentralized mobile storage plays a vital role in DATA ecosystem. One of the main reasons why we would want to cooperate with Lambda is that it is a technological team with abundant experience that is capable of providing provable data integrity in blockchain storage realm.”
Lambda and DATA will work towards a data trust alliance that could provide creative, secure and implementable solutions for a number of sectors including internet and finance.
About DATA
DATA is a blockchain based digital data authentication protocol powered by AI & P2P mobile storage infrastructure.
DATA aims to solve following critical problems with the help of blockchain technology: data fraud in global digital ecosystem, inefficient cooperation, waste of ecosystem resources and unfair value distribution caused by lack of trust.
As a trust union for device-level data powered by blockchain, AI and distributed storage technology, DATA could realize data tracking, data awards and data quality control through credit rating for device-level data
With teams located in Bay Area, Berlin, Beijing, and Seoul, it boasts a pool of brilliant talents from established enterprises like Microsoft, Oracle, Minor Strategy, Capital One, Tencent, Twitter, LinkedIn and Snapchat.
About Lambda
Lambda is a fast, safe, and scalable blockchain infrastructure project, which provides decentralized applications (DAPPs), data storage capabilities with unlimited scalability and fulfills services such as multi-chain data co-storage, cross-chain data management, data privacy protection, provable data possession (PDP), and distributed intelligent computing through logic decoupling and independent implementation of Lambda Chain and Lambda DB. For more information, please visit http://www.lambda.im.
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