A federated data product is a method of sharing and accessing data across multiple organizations or domains without centralizing or duplicating the data. Instead, each organization retains control over its own data, exposing it through standardized interfaces or APIs. This approach enhances data privacy, security, and compliance, as sensitive information remains within its original environment. Federated data products are commonly used in environments where data sovereignty is important, such as healthcare, finance, or multinational corporations. By leveraging federated architectures, organizations can collaborate and gain insights from shared data, while minimizing risks associated with data movement or unauthorized access.