The startup offers a data collaboration platform that enables private companies to customize and share data with third parties while ensuring individual consent for data disclosure. By facilitating data interoperability, the platform allows organizations to digitize and interconnect information across various sectors, enhancing operational efficiency and compliance.
Funding
$3.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Organizations struggle to securely share and manage sensitive data across different departments, industries, and geographical boundaries while maintaining compliance with evolving data privacy regulations like GDPR. Existing data silos and a lack of interoperability hinder efficient data utilization and innovation, limiting the potential for data-driven insights and new service creation.
Solution
Planetway offers a secure data collaboration platform that empowers organizations to share data with third parties while ensuring individual data sovereignty and compliance with global data protection regulations. The platform leverages a decentralized data access layer, PlanetCross, combined with PlanetID, a digital identity solution, to enable secure and auditable data exchange. By implementing blockchain technology and building upon the architecture of Estonia's X-Road, Planetway facilitates cross-industry and cross-border data collaboration without compromising data integrity or security. The platform allows individuals to control their personal data, granting or revoking access permissions and tracking data usage, fostering a transparent and trustworthy data ecosystem.
Target Audience
Planetway targets enterprises, government entities, and organizations across various sectors seeking to securely share data, comply with data privacy regulations, and empower individuals with control over their personal information.
Features
- Secure data exchange through PlanetCross, a decentralized data access platform based on Estonia's X-Road technology
- PlanetID, a digital identity platform for user authentication, authorization, and electronic signatures
- Fine-grained access control, enabling individuals to grant or revoke data sharing permissions
- Compliance with GDPR and other data privacy regulations through built-in privacy controls and audit trails
- Data integrity and tamper-proofing using blockchain technology
- Secure multi-party computation capabilities for privacy-preserving data analysis
- WebAPI-based interface for easy integration with existing systems and databases
- GDPR countermeasures support service, offering assessment, training, and implementation assistance