Fintech Ki Baat Data, Privacy & AI: Saurabh Gupta on Building the Future with Decentralised Intelligence
May 16, 2025
Saurabh Gupta, Founder & CEO of VeriSmart.AI, dives into the critical intersection of data ownership, privacy, and AI ethics. He reveals how decentralized data infrastructures can empower consumers and enhance privacy. The discussion covers the dual nature of technology, the ethical responsibilities in AI development, and the innovative interplay between blockchain and AI. Saurabh also challenges common data privacy myths and highlights the need for a collaborative tech approach to ensure secure and beneficial advancements in digital intelligence.
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Data Is The New Oil
- Data is the new oil, held by companies like telecoms, banks, and e-commerce platforms in silos.
- Decentralized data infrastructure enables connected consumer experiences without data being traded or shared illegitimately.
Interoperable Intelligence Layer
- Interoperable intelligence allows connected experiences by sharing intelligence, not raw data, across siloed data platforms.
- Users control personalized experiences through consent management across multiple services.
Empower Consumers With Data Control
- Consumers should be aware of and control the data held by various platforms about them.
- Data privacy laws let users restrict, consent, and delete their data, making internet use safer.