About Us

Our mission is to evolve the world’s data, embracing new standards of security and economics. That doesn’t mean rebuilding everything from scratch, we believe that the path to the future involves Weaving existing technology into the patterns that are commonly known as Web3.

Our view is Web3 data has the following features,

Security: Faking identities or tampering with data should be nearly impossible through the use of cryptographic guarantees that are hardened through the signed activity of trust network members.
Lineage: Every interaction with data should be tracked to give confidence that data isn’t being leaked or used inappropriately.
Privacy: Confidential Computing should be used as often as possible to minimize both the leaking of sensitive information as well as the unnecessary copying of data.
Economics: Data flows should have a cost associated with them, to make it easy to compensate sources of data directly instead of through weak promises.
Interoperability: Data should conform to standards and be made available to authorized parties programmatically, both via Web2 APIs and Web3 Oracles.

We built Weavechain because it was impossible to give data these features in a way that was easy or compliant. Storing even encrypted data on Public Web3 solutions like IPFS, Arweave, or natively in a smart contract on Ethereum or Solana is neither GDPR nor HIPAA compliant. To be GDPR compliant means that you have to satisfy an erasure obligation commonly known as “the right to be forgotten”, and you can’t delete data from Public Web3 by design. To be HIPAA requires a “physical safeguard” like a firewall, a “technical safeguard” like encryption isn’t sufficient. And rebuilding applications using Private Web3 solutions like Hyperledger is rip and replace on steroids, dramatically more difficult than what’s feasible for most.

Weavechain changes this pattern by attaching to databases, dynamically creating blockchain anchors for security, and acting as an API gateway to manage economics. By making it easy, our hope is that we can minimize the barriers to establishing Web3 data and push its adoption. Our children will look back on data transfers that lack the above features as barbaric, wondering why we allowed such critical activity to happen in such a loose fashion. We believe that Web3 data will become as pervasive as the HTTPS lock icon in your browser, a passive part of all of our lives that is flat out a better way of doing things.

History

Before Weavechain, many on our team worked on Mana.ai. Our goal was to automatically track how users spent all of their time, to then help them spend time better. The app is running successfully right now, used by a group of passionate users (like our founder and CEO Omar!).

The problem is that we built the world’s greatest spyware. User’s integration data was sent to Mana servers, and even though we made every assurance possible, unfortunately in Web2 all that you can make are “paper guarantees”. We saw firsthand how those guarantees were abused by companies in spaces like ‘Employee Monitoring’, where practices both sneaky and illegal are commonly used to abuse users.

We believe in Mana, and having data about effort, and we started Weavechain to do it right. Users deserve to know exactly how their data is being used, with cryptographic guarantees so that they can practice “Don’t trust, verify”. Users shouldn’t have to sacrifice data for increased functionality, and Confidential Computing practices like Federated Learning enable AI to learn from integration data without that data ever leaving the device that generated it. And superior economics enable this fascinating data to be safely used by researchers that are willing to directly compensate users.

Over the past year the field of ‘Decentralized Science’ (DeSci) has emerged with myriad organizations pursuing a similar pattern. We’re thrilled to be able to support their use cases and more with generic technology that we believe will evolve the world’s data.