Skip to playerSkip to main content
  • 6 minutes ago
Europe seen as key market for data sovereignty technology

“This technology is the first technology that's going to start to take data away from big tech," says tech entrepreneur Eric Swider.

READ MORE : http://www.euronews.com/2026/02/15/europe-seen-as-key-market-for-data-sovereignty-technology

Euronews Next is a future-focused news section covering global innovation, science and technology with a European perspective. Our dedicated team of journalists aims to educate and inspire today’s leaders by providing them with analysis and insights into the people and organisations shaping our future

Category

🗞
News
Transcript
00:00What I agree that the Global Summit is a great platform not just for local dialogue, but for global dialogue.
00:06I think that having an opportunity to attend a summit like this is very unique because of the fact that
00:12you're able to meet so many people from around the globe,
00:14but yet take those conversations to a very local level, a level that becomes something that you can actually act
00:20on,
00:21and you can move a technology or an idea or a platform forward. So yeah, I absolutely do think so.
00:26Could you give us a top line 30 second on your platform and why it's relevant to the world?
00:31Yeah, absolutely. So just from a very high level, our platform, we're calling it the world's very first reality intelligence
00:38based platform.
00:40And unlike artificial intelligence, which is basically these large language models where we lean into the world's scan data
00:47and then the synthetic data on top of that to tell us what's wrong with us or what are we
00:51going to be doing tomorrow,
00:52what foods will we like, what we're doing is we're bridging the gap between the physical world and the data
00:58that you own,
00:58and that becomes your LLM. And the way that we do that is we take all of your data,
01:04we put it inside of a private blockchain that you control, and that gives data back to the sovereign, back
01:09to the individual.
01:10So now the individual controls their data, monetizes their data, and that data becomes the LLM that helps you in
01:18your life.
01:19Would you say this is transformative?
01:21Absolutely transformative. This technology is the first technology that's going to start to take data away from big tech.
01:30So for example, if I go and buy a shirt on Amazon, Amazon makes as much money off of my
01:35data as they do selling me that shirt.
01:37Well, now when my agent goes in to buy that shirt, Amazon knows nothing about me.
01:42And with the advancements of AI and platforms like ours, even if Amazon decides we don't want your agents in
01:48here,
01:49we can say that's okay, we can shop around you, and our users will make the money off of the
01:54data, not Google and not Amazon.
01:57What do you think the thinking of this platform will be for those in Europe and Africa?
02:03Yeah, I actually think that Europe is going to be one of the places that appreciates this technology the most.
02:08I think that Europe has been leading the charge in data privacy and getting data back to the owners.
02:13So if you can imagine a unified medical record that's on top of a blockchain,
02:17now every citizen of Europe or the United States or Africa owns their own medical data.
02:22They decide who to share it with, when to share it, and they can monetize it if they so choose.
02:27Does this democratize healthcare in some ways for the ordinary person?
02:33Yeah, absolutely. And not just healthcare, it really monetizes anything that you want to plug into this platform.
02:39Because now, again, the individual owns their platform, and the individual can choose what to do with that data.
02:45How do you give them a reassurance that this is safe for the individual?
02:48Yeah, I think that you're always going to have some skepticism.
02:51I think the best way that you could describe it is if you believe in the concept of a blockchain,
02:57then you can believe in the concept of data security inside of that blockchain.
03:01And just to give you a quick example, let's say you have 100 fields in your medical record.
03:06When you convert that to a blockchain, you now have 100 blocks that are encrypted inside of your private blockchain.
03:13If you have a million records, that's 100 million blocks that have to be hacked simultaneously to crack those medical
03:20records.
03:21And so it just takes data.
03:22The system removes all data from known relational databases, all data out of databases,
03:28and moves all data onto blockchains, owned by the sovereign, owned by the individual.
Comments

Recommended