The Money Movement with Jeremy Allaire | Leaders in Blockchain, Crypto, DeFi & Financial Inclusion

The Intersection of AI and Blockchain | A Conversation with Rand Hindi

Nov 21, 2024

In this engaging discussion, Rand Hindi, Co-founder and CEO of Zama, dives into the cutting-edge world of Fully Homomorphic Encryption and its applications in AI and blockchain. He articulates his journey into tech, highlighting the critical need for privacy in our digital landscape. Rand unveils how FHE can protect confidentiality in financial transactions while simplifying compliance through smart contracts. The conversation also explores the innovative merging of AI and blockchain, paving the way for secure data monetization and future financial applications.

34:28

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Episode guests

Rand Hindi

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Fully Homomorphic Encryption (FHE) enables secure computations on encrypted data, significantly enhancing privacy in digital transactions and services.

The intersection of AI and blockchain allows users to control their data, creating new economic models where they earn from repeated data usage.

Deep dives

The Evolution of Privacy and Encryption

The discussion highlights the transition from basic privacy concerns to the advancements in Fully Homomorphic Encryption (FHE), which allows computation on encrypted data. The concept entails enabling computations without revealing sensitive information, offering a significant improvement in data privacy standards. By visualizing a scenario where users send encrypted queries to a service like OpenAI, the potential of FHE becomes apparent; users retain privacy as their data remains encrypted throughout the process. This technology promises vast applications not only in AI and cloud services but also in blockchain, where maintaining confidentiality within decentralized systems is crucial.

Intro

3min

Unlocking Data Privacy with FHE

8min

AI Meets Blockchain: The Future of Privacy and Compliance

15min

Exploring the Fusion of Blockchain and AI Technology

3min

Revolutionizing Data Monetization through Intelligent Computation

2min

Exploring the Synergy Between AI and Blockchain Technology

4min

In Episode 103 of The Money Movement, Jeremy Allaire speaks with Rand Hindi, Co-founder and CEO of Zama, about the intersection of privacy, AI, and blockchain through the lens of Fully Homomorphic Encryption (FHE). Rand shares his journey into the tech space, the founding of Zama, and the importance of privacy in the digital age. Their conversation delves into:

👉6:54 – Understanding FHE
👉14:43 – Confidentiality in financial transactions
👉28:36 – The Intersection of AI and blockchain

If you’re interested in learning more about the technical aspects of FHE, its applications in blockchain, and how it can enhance confidentiality in financial transactions, tune in to this episode of The Money Movement.

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About the show

The global economy is experiencing unprecedented challenges and change. Business leaders everywhere are grappling with how to transform their companies to become more digital, resilient and efficient. As we face this change, a new global movement is building around the promise of digital currencies and blockchains — forming a new architecture for the global economy and creating new opportunities for companies everywhere. The Money Movement explores the issues, ideas and icons driving this transformation in how we spend, send, save and store value.

The Money Movement is brought to you by Circle. Our mission is to raise global economic prosperity through the frictionless exchange of value. Learn more about Circle Business Accounts and Platform APIs at circle.com.

The Money Movement with Jeremy Allaire is handcrafted by our friends over at: fame.so

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