walled garden

A walled garden is a digital ecosystem whose operator restricts outside access and interoperability.

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A walled garden is a digital environment in which a platform operator controls access to its services and content and limits connections with outside services. It contrasts with the more accessible, interoperable open web. The phrase literally means a garden enclosed by walls.

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Seen this way, JPMorgan appears to be building a walled garden, a closed system in which the platform decides who gets in and what they can do.


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