Crednology Holding Corp fka COHO

[Truenorth2016]

"* "Part of the plan for us in Switzerland and in Europe to build the data centers and to keep the data right here where the regulations meet the requirement" (think GDPR Compliance)"

Q, the interview seems to have a strong focus on European data center regulations even back in 2016 way ahead of the GDPR!! The CEO is clearly speaking in this interview about ensuring preparation for "REGULATORY COMPLIANCE" It is even more clear when he says the following:

"What we are now reaching; the data has to stay in the same region as the client themself are and under the rules and regolution of the local government. The reason for that is, if somebody goes today for example to our biggest competitor which is Amazon, they take the data into their own servers around the world. I just published an article, and the title for the article was: It's 2 A.M. - do you know where your data is? And many companies that go whith the large software providers or the large providers of data cloudservices they really don't know where the data lies. And anytime that the data is outside of the juristriction of that particular country, your data is at risk. Risk of loosing it, risk of beeing taken by the local government and that is a big issue, that's why we do not take any data out of the region. And part of the plan for us in Switzerland and in Europe to build the datacenters and to keep the data right here where the regulations meet the requirement." <<<<<-WOWOW!!! CEO BACK IN 2016 IN THIS LAST SENTENCE CLEARLY TALKING ABOUT THE UPCOMING GDPR REGALATORY COMPLIANCE FOR SWITZERLAND/EUROPE DATA CENTERS!!!
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