Isn't the Internet Archive such a trustee service?
replyOr are you thinking of companies like Iron Mountain that provide such a service for paper? But even within corporations, not everything goes to a service like Iron Mountain, only paper that is legally required to be preserved.
A society that doesn't preserve its history is a society that loses its culture over time.
The context was regulatory requirements for companies. I mean that as a business you pay someone to take care of your legal document preservation duties, and in case data gets lost, they will be liable for the financial damage this incurs to you. Outsourcing of risk against money.
replyWhether or not the Internet Archive counts as a legally acceptable trustee service is being litigated in the court systems [1]. The link is a bit dated so unsure what the current situation is. There's also this discussion [2].
reply[1] https://www.mololamken.com/assets/htmldocuments/NLJ_5th%20Ci...
[2] https://www.nortonrosefulbright.com/en-au/knowledge/publicat...