Nish Kotecha Discusses How To Ensure Data Collection Is Not Intrusive

In this video, Nish Kotecha, Co-Founder and Chairman of Finboot, gives insight into how companies can ensure that data collected is not only abundant and structured but also not intrusive. Finboot is a company that is focused on aiding industries with technological advancements. “What you need to do is collect identity with permission. So the person giving identity says ‘I’m happy for you to use my identity’ … That is digitally locked, encrypted and moved to the next part of the process, that’s what blockchain does. It can collect permission and it can collect data and simultaneously lock them into the same data block and move forward.” “You need to start using this type of technology today, collecting the data and giving yourselves the opportunity to create value from that data for tomorrow … If you don’t start, you’ll never be able to achieve that aim.”