Part two of this series exploring the growing intersections of blockchain and artificial intelligence (AI) illustrated how this combination is transforming the blockchain ecosystem. The convergence is growing across a number of industries, and healthcare is a prime example. It’s also a fast-growing one. According to Morgan Stanley, the industry’s average estimated budget allocation to AI is projected to grow from 5.7% in 2022 to 10.5% in 2024. Similarly, blockchain’s market size in healthcare was valued at $1.97 billion in 2022 and is expected to expand at an eye-popping CAGR of 68% from 2023 to 2030. These growth predictions are unsurprising since, used properly, blockchain and AI can be excellent…
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Could Quantum Computing Mean the Death of Crypto?
Interest is growing in cryptography resilient to quantum attacks
Contained in the bizarre world of quantum mechanics—where physical matter has properties of both particles and waves, and subatomic particles exist in multiple states at one time until observed—may lie the key to unparalleled computational speed. While still highly experimental, governments have been investing in research into “quantum computing” for years, and a recent article in Wired notes that last year venture capitalists “plowed a record $1.8 billion into companies working on quantum computing hardware or software worldwide…nearly five times the amount invested in 2019.” Whereas the basic unit of information in traditional digital electronics is the bit (a logical state with two possible values, typically expressed as 0 and…
