What Are the Key Features of Decentralized Data Management?

In today's digital era, data is the lifeblood of businesses, driving decision-making, innovation, and growth. As organizations handle vast amounts of data, the way they manage it becomes crucial. Traditional centralized data management systems, where data is stored and controlled from a single location, are increasingly being replaced by Decentralized Data Management systems. This shift is driven by the need for enhanced security, better data accessibility, and increased resilience. In this blog, we'll explore the key features of decentralized data management and why it's becoming a preferred approach for businesses. Understanding Decentralized Data Management At its core, decentralized data management is a system where data is distributed across multiple nodes or locations rather than being stored in a central repository. Each node in the network has control over its data, ensuring that no single entity has complete authority over the entire data set. This model contrasts...