Private Databanks

Move aside WikiLeaks, many governments, and private wealth entities have their own view of global data. This is commonly known as “Databanks”. So Forbes, Bloomberg, Times, The Economist, DOW Jones, The Straits Times have databanks. Governments have archives, and intel repositories.

So everyone has a version of the truth – Glitchdata included.

A data bank or databank is a repository of information on one or more subjects – a database – that is organised in a way that facilitates local or remote information retrieval and is able to process many continual queries over a long period of time.

The data in a data bank can be anything from scientific information like global temperature readings, and governmental information like census statistics, to financial-system records like credit card transactions, or the inventory available from various suppliers.