"We don't need decentralization for banks" - Alex BuelauThis counterintuitive insight from a blockchain infrastructure builder reveals why traditional financial institutions are finally ready to adopt blockchain technology.In this episode, we dive deep with Alex Buelau (Co-Founder & CPTO, Parfin) and Marcos Viriato (Co-Founder & CEO, Parfin) who are building Rayls - the blockchain infrastructure bringing major banks on-chain. With backgrounds spanning early Bitcoin mining and 11 years at BTG Pactual, they're uniquely positioned to bridge the $100 trillion traditional finance world with DeFi.Key Insights Discussed: 👉Privacy trilemma solution using zero-knowledge proofs 👉Why banks specifically demand EVM compatibility 👉The misconception that blockchain replaces accounting systems 👉How user experience complexity limits mass adoption 👉Cross-border regulatory navigation strategiesChapters: 0:00 - The $100 Trillion Vision for Blockchain Adoption 5:39 - From London Startup to Brazilian Banking Giant 10:31 - Rayls Architecture: Private Nodes Meet Public Chains16:32 - Why Banks Don't Want Decentralization 22:08 - EVM Dominance in Enterprise Blockchain 28:33 - Ethereum Price Predictions and Market Utility 36:10 - Enigma Protocol: Privacy Without Anonymity41:15 - Real-World DeFi Integration Through Banks 49:21 - Traditional Finance Misconceptions About Blockchain 56:14 - From Bank Skepticism to Client Adoption #blockchain #defi #tradfi #ethereum #banking #fintech #web3 #crypto #institutionaladoption #cbdc #tokenization #evm #layer2 #rails #parfin #brazilianfintech #bankinginfrastructure #digitalassets #cryptobanking #financialinnovation #blockchaininfrastructure #enterpriseblockchainDisclaimer: The information presented is for educational purposes only. Views expressed are those of the speakers, not necessarily the channel. You are responsible for your own research and decisions.Copyright: © 2024 Aarna AI Pte Ltd, Singapore. All rights reserved. You may share this video using the YouTube share function.

The regulatory shock in 2018 completely reshaped India's cryptocurrency landscape, gifting millions of users to new exchanges while established players faced extinction.In this episode, we dive deep into India's crypto evolution with Ajeet Khurana, Founder of Reflexical and former CEO of Zebpay. From witnessing Bitcoin's early days to navigating regulatory uncertainty, Ajeet shares firsthand insights into how India's crypto ecosystem transformed from a niche experiment to a derivatives-dominated market.Key Insights from the Conversation:👉Trading Volume Shift: 90% of crypto volume is now derivatives, not spot trading 👉Regulatory Arbitrage: New exchanges thrived while established ones faced scrutiny 👉 P2P Dilemma: Why some exchanges chose user safety over survival tactics 👉 Decentralization Challenge: Starting truly decentralized is harder than progressive decentralization 👉 Ecosystem Building: Why buzzwords like "advisor" and "mentor" have lost meaningChapters[00:00] Guest Overview[01:12] What is an Ecosystem Builder in Crypto?[03:13] Ajeet's Journey into Bitcoin and Cryptocurrency (2014-2016)[04:47] The Princeton Bitcoin Course That Changed Everything[06:17] Early Indian Crypto Associations: DABFI to IAMAI[08:11] Supreme Court Victory and Industry Representation[08:53] Zebpay's Role in India's First Crypto Exchange Era[10:21] India's Oldest Crypto Exchanges: The Real Story[12:15] Order Books vs OTC Trading: Market Evolution[15:02] The 2018 RBI Banking Ban: A Market-Changing Moment[19:17] Peer-to-Peer Trading: Why Zebpay Said No[22:52] New Exchanges vs Old Players: Regulatory Arbitrage[27:59] Current State: Derivatives vs Spot Trading in India[30:26] Building Reflexical: From Advisory to Studio Model[37:11] Web3 Product Development and Decentralization Challenges#Crypto #Bitcoin #India #Web3 #DeFi #ZebPay #CryptocurrencyExchange #Blockchain #RegulatoryPolicy #CryptoTrading #Derivatives #P2PTrading #CryptoEcosystem #DigitalAssets #CryptocurrencyIndia #Web3Startups #BlockchainIndia #CryptoRegulation #DecentralizedFinance #CryptoPodcast Disclaimer: The information presented is for educational purposes only. Views expressed are those of the speakers, not necessarily the channel. You are responsible for your own research and decisions.Copyright: © 2024 Aarna AI Pte Ltd, Singapore. All rights reserved.

"Would you upload all your private information like your bank statement, your personal ID to ChatGPT?"This crucial question from Dr. Max Li highlights the fundamental trust barrier hindering the massive adoption of AI agents in our daily lives.In this episode, host Srikumar Misra sits down with Dr. Max Li, Adjunct Professor at Columbia University and Founder & CEO of OORT, to explore the burgeoning field of Decentralized AI (DeAI). They dive deep into why DeAI is essential for building trust, the components of the decentralized AI stack, the role of blockchain, the challenges ahead, and the future trajectory of AI technology.Key Insights:👉The Trust Deficit: Centralized AI models lack transparency, creating a trust issue for users hesitant to share private data.👉Blockchain's Role: Blockchain provides verifiable data/model traceability and enables crypto payments for decentralized contributors.👉Decentralized Stack: DeAI aims to decentralize the entire AI pipeline: data collection, storage, compute (training/fine-tuning), and inference.👉Compute Challenges: While decentralized compute offers cost benefits, reliability remains a major hurdle compared to centralized providers for critical tasks.👉Reinforcement Learning (RL): RL mimics human trial-and-error learning and can optimize reward mechanisms within decentralized AI systems.Chapters:00:00:00 Intro00:00:38 Why is Decentralized AI Important? The Trust Factor00:05:10 Dr. Li's Journey: From 5G Research to Academia and Decentralized AI00:09:17 Deconstructing the Decentralized AI Stack00:12:31 Blockchain's Role: Verification and Payment00:16:39 Decentralized Storage vs. Traditional Distributed Storage00:20:10 Decentralized Compute: Potential and Reliability Challenges00:27:33 The Future Trajectory of AI: Smaller Models, Powerful GPUs00:31:35 The Vision Behind OORT00:44:05 Reinforcement Learning: Potential and Intersection with DeAI00:50:05 Can Decentralized AI Solve the "Rogue Agent" Problem?00:57:56 Celebrating Milestones & Toast#DecentralizedAI #AI #ArtificialIntelligence #Web3 #Crypto #Blockchain #DeFi #TrustInAI #DataPrivacy #Decentralization #ReinforcementLearning #Podcast #Technology #FutureTech #DataScience #machinelearning Disclaimer: The information presented is for educational purposes only. Views expressed are those of the speakers, not necessarily the channel. You are responsible for your own research and decisions.Copyright: © 2024 Aarna AI Pte Ltd, Singapore. All rights reserved.