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

thumbnail
hover

Building Resilience: SMEs Navigating Supply Chain...

Small and medium enterprises (SMEs) are facing unprecedented challenges as global supply chains become increasingly vulnerable to geopolitic...

thumbnail
hover

World Food Forum 2025 celebrates FAO’s...

 The 2025 edition of the World Food Forum (WFF) flagship event kicked off on October 13 at the headquarters of the Food and Agriculture Or...

thumbnail
hover

The Green Transition of SMEs and...

At the end of September was published a project funded by the European Union and implemented by the OECD. It provides an assessment of Portu...

CLOSE
CLOSE