Our History

In an era where data is as valuable as oil, managing and certifying digital assets has become a critical challenge for industries. We started in the middle of COVID with the innovative concept of applying a custodial banking model to digital consent and data management.

DataRight.org's journey began in 2020, identifying the critical problem of managing consent and the associated data with vaccine passports and clinical trials. Drawing parallels from financial asset management, the team hypothesized that a custodial banking model could be adapted for digital consent and data. This led to creating the "Consent Trust" MVP, tested with over 80 market leaders in the life sciences industry.

The project gained momentum in 2021 with a grant from The Hedera Foundation, allowing for exploring solutions using Hedera's amazing open ledger technology technologies. The initial focus on certifying digital assets evolved as the team realized a more pressing need for a data registration and certification model, culminating in the "DataRight Certificate."

Throughout 2022 and into 2023, DataRight.org's pilot platform underwent extensive testing with over 140 individuals across 90 companies. The DataRight.org experience has shed light on several critical areas where enterprises struggle with data management: 1) Consent Control: Many enterprises need more exacting control over tracking consent to process personal data, 2) Trust in Data Provenance, Few companies have complete understanding of where their data is from, a growing problem with AI, LLM models. 3) Data Inventory: Surprisingly, many enterprises fail to maintain an inventory of their data, often loosing track of important assets.