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It seems that ICO interviewers and raters have a difficult time to think strategically about what is at stake concerning blockchain for companies. I recently had a skype interview with a journalist from FlipHodl. Without viewing our videos  he wanted to label us as a “data storage company”, and tagged us as “obsolete” in the final “rating” report (a rating could ideally be opposed to personal views, but there is no obvious methodology disclosed).

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Here are some translated extracts from the interview:

FlipHodl:“What I’ve understood as a synthesis is that Rockchain is a decentralized storage for a private or public data storage”

Rockchain CEO: “Rockchain is an orchestrator between private nodes based on the public blockchain. Rockchain never stores data, the data is stored on private local nodes”.

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Later in the interview:

FlipHodl:“Why a company would use a Blockchain to store data and deal with access rights while they can deal with it with local servers without the Blockchain ?

Rockchain CEO: “As I told you, Rockchain does not store data. It’s some bridges between dappBoxes. You could see it like a “decentralized” DropBox, the company hosts a server and decides to create bridges towards other partners. It is then useful to notarize those exchanges, and it’s a native feature in Rockchain”.

FlipHodl: ”I didn’t really talk about that :P”

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Seen as the Fliphodl report starts with “Rockchain is a French project that proposes a decentralized cloud storage system more suited for companies than regular users”, I’ll take the opportunity to define what infrastructure challenge Rockchain is solving.

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HashiCorp Vault solution (https://www.hashicorp.com/blog/vault-announcement) has a good traction, is open source and is using secret sharing for access rights managed by a group of persons. It is a centralized system, however it shows the companies are wishing to have some liquid and collaborative solutions to manage the access rights on their systems.

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The public Blockchain is an incredible tool for defining the logic of collaborative access rights management, thanks to the power of Solidity syntax. In addition to this, it has native notarization of all users’ actions, and can work for one single company but also for many.

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Rockchain is not about “storing data”, it’s about decentralized and smart access rights management between private servers. It’s about creating clever routes between data vaults. The DappBox is a data firewall, it is not incentivized to store data! In the Rockchain infrastructure, the only nodes incentivized are those who are managing the access rights, the routing, and those doing any distributed computations on nodes in respect of the global access rights network.

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I don’t think we are “obsolete”. Hashicorp Vault is a recent product (the first release was published in september 2016 http://www.eweek.com/security/hashicorp-vault-enterprise-update-manages-distributed-secrets) and is only resolving a part of what we’re intending to do with the DappBox. It has a huge traction from companies to migrate to smarter access rights management infrastructures, especially in the case of company collaborations.

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Privacy for Blockchain is not an “obsolete” problem as it has been identified as a major issue to solve by Vitalik Buterin in early 2016 (Jan 15th 2016 on Ethereum Blog), along with Scalability.

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Besides, Rockchain answers company needs as explained earlier, but also many individual needs thanks to Dapps who put user’s rights for privacy in their models.

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Personally I believe that getting distributed consensus and quality research on ICO projects is going to be critical, and I advise the project Sangus.org for such purposes.

Sébastien Jehan

Rockchain CEO & Inventor