Founded in 2016, Fluree is a startup that provides a blockchain-based data management platform to help companies gain a competitive advantage while saving cost when competing in the data-driven economy. Dan Malven, managing director at 4490 Ventures, said in a statement that the “world is evolving from static apps to platforms to ecosystems, and technology tools have not kept pace.” With Fluree’s platform, users can advance their data security with blockchain cryptography and make their data more readily sharable without the need for API development, which can save money.

“Fluree stores all data on a blockchain ledger that can be run internally like a traditional data store, or selectively operated in a data network across parties governed by Fluree SmartFunction rules,” Flip Filipowski, co-CEO and cofounder of Fluree said in a press release. “Decentralized data ownership like this has never before been possible, and we are excited to witness an entirely new class of applications that emerge from no longer having to blindly trust other parties with critical data.”

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