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ETH · 5w

From Consumers to Business: How Blockchain Technology Will Look in 2020

Jan 19, 2020 at 10:24 // News

In this year, innovation will go a step further by serving citizens and businesses, private users and professionals.

Smarter smartphones and 5G networks, automatons and conversational artificial intelligence, multi-experience relationship models and facial recognition payment systems, Bitcoin and cryptocurrency, edge computing and universal blockchain applications: in 2020 innovation will make a further step forward by serving citizens and businesses, private users and professionals. The digital economy will grow, exalt established technologies and others in the process of consolidation and will fuel nine-zero markets such as robots for professional services, artificial intelligence chips and even audiobooks.

Local Artificial Intelligence and Data Analytics

In 2020, according to Deloitte, more than 750 million chips will be sold (and will rise to 1.5 billion by 2024) capable of developing biometric and visual recognition machine learning functions, augmented reality and voice assistance directly from the device on which they are installed, rather than from a remote data center. Thanks to these chips, which are estimated to be worth more than USD 2.6 billion this year, all of these functions can be performed more quickly and with greater blockchain-based protection of users' digital privacy. Thanks to the "on-site" presence of artificial intelligence, the possibilities for development will increase exponentially, both in the consumer sector and corporate, where to benefit from advanced analysis capabilities of data directly from the device will be in particular the solutions of the Internet of Things.

AI and machine learning, Gartner experts assure, will also become resource multipliers for automated data ana...

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