TradeWorks and DiscoverFeed Forge Strategic Agreement for Decentralized Data Solutions

TradeWorks and DiscoverFeed Sign a Basic Agreement for New Business Endeavors

TradeWorks, a prominent player in the financial technology sector, has formally entered into a basic agreement with DiscoverFeed Inc., a company dedicated to developing decentralized data infrastructures utilizing IPFS technology. This collaboration aims to establish a new business model centered around the Decentralized Data Management Center (D-DMC) concept. The agreement not only signifies a leap forward in their cooperative relationship but also sets the stage for innovative approaches to data management and utilization.

The Significance of the Agreement

TradeWorks has excelled in providing high-reliability system development for financial institutions since its inception in 1999. By integrating DiscoverFeed’s decentralized data foundation technology into its business strategy, TradeWorks plans to launch services that support data storage, management, utilization, and monetization as a new growth axis. This strategic collaboration is not merely about project-based development (flow-type revenue) but also aims to transition into a business model based on ongoing service fees (stock-type revenue).

The initial phase focuses on the creator economy, where established operational frameworks, applications, and payment functions will be expanded into the financial sector, leveraging TradeWorks' core strengths.

Market Environment: From Storage to Utilization

The rise of generative AI and the widespread use of 4K and 8K videos, alongside live streaming, have resulted in an exponential increase in the volume of data handled by creators and content businesses. This data requires not just storage but also the measures to manage, re-edit, share, and monetize it effectively. Additionally, the financial sector experiences growing importance for data infrastructures that meet regulatory demands for long-term data retention and integrity.

TradeWorks views this shift from mere storage to active utilization as a primary business opportunity, bridging the creator economy with financial sector needs.

Central Collaboration: Decentralized Data Centers and the D-DMC Concept

The collaborative framework begins with DiscoverFeed's actionable D-DMC initiative, which has already transitioned from initial planning to implementation.

- Decentralized Data Infrastructure Using IPFS: This next-gen storage solution distributes data across multiple locations, ensuring both resilience against tampering and durability.
- D-DMC Initiative: This data utilization-focused decentralized data center aims to manage, re-edit, share, and form communities around stored data.

The first instance, “Oita Prefecture Decentralized Data Center No. 1,” is undergoing preparations to become operational by June 2026 with a main server and storage capacity of 7,000 terabytes. TradeWorks aims to transform this center into a service utilized actively with management applications, wallet functions, and payment features.

Initial Phase: Launching in the Creator Economy

The operation will begin its rollout within the creator economy, initially targeting data storage for videos, images, audio, and material. Further services will support management, re-editing, interaction with fans, billing, and profit sharing, encompassing not only completed content but also raw data and production materials.

- Types of Data:

- Unedited videos and films can be utilized for highlights, making-of content, exclusive releases, and re-editing.
- Images and photographs can be archived or shared with fans through subscriptions.
- Audio data can offer voice recordings, live sounds, and special bonuses for fans.
- Original materials can assist in management and rights handling while connecting with AI uses.

Second Phase: Expansion into Finance

Once a sturdy operational base is made in the creator economy, TradeWorks will pivot its well-established applications and payment mechanisms to the financial sector. The inherent tamper-resistance and durability of decentralized data technology align closely with long-term data preservation and authentic tracking required by financial regulations.

- Application Areas:

- Regulatory compliance, long-term archiving, and BCP can be managed using tamper-resistant archives.
- Audit trails and proof of authenticity will streamline J-SOX and regulatory inspections.
- KYC and AML information sharing will enhance security while reducing redundancy amongst financial institutions.
- Digital security tokens and financial instrument tokenization will benefit from secure storage and authentication.
- Shareholder and corporate action management will also be protected against alteration.

This initiative not only addresses practical challenges that financial entities face but also ties seamlessly into TradeWorks' established securities and back-office businesses, expanding the customer base through unison.

Anticipated Revenue Opportunities

Through this endeavor, TradeWorks anticipates a significant transition from episodic development contracting to a robust, ongoing revenue model. The system is designed to promote sustained earnings tied to:

- Storage and management services on a subscription basis.
- Data utilization and distribution options, including shared resources and API integrations.
- Application services charges, ensuring continued access to management tools.
- Payment and reward management functionalities that support fan engagement and distribution.
- Implementation and operational support that guarantee security improvements.

By integrating these layers into its SaaS offerings and establishing continuous fee structures, TradeWorks is poised to enhance its revenue streams from AI and on-chain business operations.

Future Outlook

TradeWorks acknowledges this agreement as a foundational aspect of its growth strategy. The immediate goal will be to implement services within the creator economy while developing specific projects in the fandom domain. Concurrently, TradeWorks will concretize its approach towards regulatory compliance, evidence management, KYC, and digital securities applications for financial institutions. The mid- to long-term vision includes expanding from entertainment into finance, AI training data management, corporate archiving, community development, and the utilization of governmental data.

Conclusion

The recent strategic agreement between TradeWorks and DiscoverFeed marks an innovative approach to how decentralized data solutions can foster new avenues of growth within diverse sectors. By targeting the creator economy first, then expanding into more regulated areas, both companies are set to redefine data management and create substantial value from their combined expertise.