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