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June 19, 2025 7 mins
In this episode, Peter breaks down a major announcement from Iagon, a decentralised cloud storage provider building on Cardano, which has seen its IAG token spike in price following news of a collaboration with CloudCourt and advisory support from the Ford Motor Company. The partnership explores a proof of concept aimed at storing sensitive legal data using decentralised infrastructure—a key use case for compliance-heavy industries.

The solution being tested combines off-chain encrypted data storage with on-chain access control and audit trails, helping meet stringent data protection regulations such as HIPAA and GDPR. This hybrid design ensures data sovereignty (e.g. storing data within national borders), robust security, and long-term cost savings compared to traditional centralised solutions. The concept is particularly relevant for law firms and large corporates that need to manage vast volumes of confidential legal documents like depositions and trial transcripts.

Peter explains that Ford’s involvement—while in an advisory capacity—brings valuable enterprise-level perspective, especially given its extensive legal operations. This project not only validates Iagon’s use of blockchain for regulated environments, but also marks a significant milestone for Cardano in attracting Fortune 50-level interest.

To top it off, there's a teaser: a second Fortune 50 company may also be involved in the near future. Speculation points towards the healthcare sector, given the solution’s alignment with HIPAA compliance needs.

Overall, this collaboration signals the growing maturity of Cardano’s enterprise utility, showcasing how decentralised storage and blockchain can be practically applied in sensitive, high-compliance sectors.
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