• AI,  Ethereum,  Smart contracts

    Crypto & AI: Competition, Convergence or Both?

    Part two: Smart Contracts, Fraud Detection & Portfolio Management

    Blockchain is increasingly presenting new opportunities for applications in combination with AI. In fact, Future Market Insights estimates that the global market for blockchain AI will skyrocket to $3.5 billion by 2032, with a 23% CAGR from 2023 to 2033 driven in part by small and medium enterprises adopting AI-based blockchain platforms to enhance smart contracts, payment systems and more. “Reaching consensus on reality” Paul Brody, Global Blockchain Leader at consulting powerhouse Ernst & Young (which has also become a blockchain powerhouse owing in large part to Paul’s thought leadership the last 7 years—including his early advocacy of Ethereum as the platform of choice for enterprise), has a characteristically nuanced…

  • EY Microsort COnsensys baseline
    Technology

    ConsenSys, Microsoft, EY bet businesses will embrace public blockchains

    Strong security and off-chain storage are key ingredients of the Baseline protocol the firms hope will coax enterprise coalitions onto Ethereum

    EY, Microsoft, and ConsenSys believe that given strong security and the right tools, businesses will embrace public blockchains as they look for ways to work together.