Infosys

Why Trust, Openness, and Interoperability Are Vital to Data Exchange

Source Node: https://beincrypto.com/why-trust-openness-and-interoperability-are-vital-to-data-exchange/
Time Stamp: December 26, 2020 5:10 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Things are changing rapidly and there is a significant rise in demand for decentralized data solutions. How do decentralized data solutions work? How effective are they? In which business instances can they help? Decentralized data protocols and marketplaces give individuals and enterprises the opportunity to monetize their data in a way that is safe and compliant. Through blockchain technology, information is traceable and verifiable via its decentralized application archive. Data that flows through its decentralized archive is immutable and cannot be changed, allowing for increased control both within and between

Investment in Blockchain in Energy Markets Will Top $35 Billion by 2025

Source Node: https://cointelegraph.com/news/investment-in-blockchain-in-energy-markets-will-top-35-billion-by-2025
Time Stamp: April 2, 2020 2:12 AM - Modified On: August 29, 2021 - Published By:
Source Cluster:
Republished By Plato

According to a new report released by Premium Market Insights (PMI), global investment in blockchain technology in energy markets is set to reach $34.7 billion by 2025. Valued at just $156.5 million in 2016, the sector is forecast to grow at a rate of 82% a year. Although $35 billion seems high, it’s dwarfed by the net worth of $1.85 trillion for the energy market as a whole. Key players using blockchain and DLT in the field include Accenture, AWS, Bigchaindb, Deloitte, IBM, Infosys, Microsoft, Nodalblock, Oracle, SAP, Enosi, and Electron. Blockchain