![]() ![]() North America to Hold an Unassailable Market Position Asia Pacific to Register Highest CAGR Moreover, COVID-19 impacts have been added for additional information and how it is expected to affect the product demand in the near future. The regional dynamics and how they shape the market in an upward curve are presented in the following report. It also shares tangible insights which guide business owners with their investment perspective. ![]() It provides an in-depth analysis of key players and their insightful strategies to spur the market growth for monetary gains. The report offers a detailed study of the market and a keen examination of the major segments of the market. The proliferation of such advanced technologies in major world economies is, thus, propelling the Blockchain AI Market growth.Ĭlick here to get the short-term and long-term impact of COVID-19 on this Market: A report by Nikkei found that in 2017, around 40% of Bitcoin trading was done in Yen, making Japan one of the leading adopters of Blockchain technology powered by AI. Another prominent example for Blockchain AI is Japan, where the whole concept of cryptocurrency emerged. In China, the national government openly supports Blockchain and AI and has been actively promoting domestic smart contracts and cryptocurrency platforms such as VeChain, TRON, and NEO. ![]() The Australian Securities Exchange has also announced its plans to fully deploy Blockchain technology in the next two years. For example, in Australia, transactions and trades conducted through cryptocurrencies have been exempted from paying taxes. Many countries around the globe are actively supporting the adoption of Blockchain-based financial transactions owing to the security and transparency of this technology. Lack of Skilled Workforce among Enterprises to Impede Market Growthįavorable Government Policies for Blockchain-based Transactions to Brighten Market Prospects Rising Monetization of Customer Data by Using Blockchain to Aid Market Growth Report Scope & Segmentation Report CoverageĬomponent Technology Deployment Application Industry Request a Sample Copy of the Research Report: The kit is essentially a set of accelerator tools that empower application developers to speedily deploy blockchain-enabled web applications on the BurstIQ platform. August 2020: BurstIQ announced the release of its Burst Chain® User Interface Software Developer Kit.This partnership will enable Fetch.ai to integrate machine learning with decentralized data systems using the Gravity protocol. I’s system of autonomous economic agents (AEAs). August 2020: Fetch.ai and Waves announced a collaboration to conduct joint research & development to boost the multi-chain capacities Fetch.Thus, AI and Blockchain together are strengthening the global fight against COVID-19 and fueling the growth of this market. The data used by Acoer is sourced from the WHO and the CDC and is released to the public through Blockchain. Acoer, for instance, has created the Coronavirus Hash Log dashboard that allows the general public to understand the extent of the virus spread and its trends over time. Private companies are also engaged in developing data-driven solutions to track the coronavirus. This technology has been designed to enable early detection of the virus and help identify carriers and hotspots. For example, the World Health Organization (WHO) has partnered with IBM, Microsoft, Oracle, and the enterprise Blockchain platform HACER to build a distributed ledger technology (DLT) called MiPasa. International and regional agencies have been leveraging the capabilities of Blockchain AI to efficiently and securely collect, analyze, store, and monitor data related to the coronavirus. Increasing adoption of Blockchain solutions driven by artificial intelligence (AI) to combat the COVID-19 pandemic is stoking innovation in this market, observes Fortune Business Insights™ in its report, titled “Blockchain AI Market Forecast, 2020-2027”. 22, 2022 (GLOBE NEWSWIRE) - The global Blockchain AI Market size is projected to reach USD 973.6 million by 2027, exhibiting a CAGR of 23.6% during the forecast period. ![]()
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