Data Republic CEO, Paul McCarney recently sat down with the team at Allens to discuss the the regulatory requirements associated with data exchange and the somewhat unique approach taken by Data Republic to spend six months building out a regulatory and legal framework before developing the technology.
It’s very unusual for a startup to look at a legal framework before they even write one line of code. That’s something that we’ve done and that’s holding us in good stead now as we build out our technology platform.
Paul also discussed the broader trend around corporates who label data as an asset but fail to actively unlock its value.
Most corporates think about data as an asset, they even talk about it being an asset. But most don’t think about how they unlock that data – how they monetise it and leverage it in a way which is acceptable to their customers.
Check out the full Allens Accelerate video series for interviews with other industry leading startup founders.