How blockchain-oriented AI can bring about a new definition of data management
August 25th, 2022 – Recent surge in data breaches and digital surveillance has emphasised the need for better privacy and security, with emergence of protection measures over users’ personal identifiable information (PII).
Blockchain-based artificial intelligence (AI) model’s decentralised ledger technology (DLT) protocol is believed to protect data through decentralised identity and other privacy mechanisms. In a study conducted by Emergen Research, a research and consulting firm, the global blockchain-based AI market stood at $226.9 billion in 2020 and is expected to reach $1,414.1 billion by 2028, at a compound annual growth rate (CAGR) of 25.6%.
More…https://www.financialexpress.com/digital-currency/blockchain-ai-technology/2643247/
Written by Financial Express
Related Post
COP29 can ensure SMEs thrive in...
The transition to a just, resilient, net-zero future is not possible without small and medium-sized businesses, known as SMEs. They are the ...
Financing SMEs and Entrepreneurs 2024
Since 2020, a series of shocks to the global economy has had significant impacts on small and medium-sized enterprises (SMEs) and entreprene...
SMEs can benefit from integrating growth...
Accounting for about 30% of global greenhouse gas emissions, the industrial sector is accelerating its efforts to achieve net zero by 2050 ...