Artificial Intelligence and Big Data are two colossal technologies that are innovating every facet of industry where it is used and pioneer in various ways. The vastly different technologies are on the verge of coming together on the famous volatile platform named Blockchain. The implications may result in an entirely different solution and a shift in paradigm occurs.

Clearing the Air on AI, Blockchain, and Big Data

As we all know Blockchain is an auditable, distributed ledger that is touted to be secure and shared by all parties in the distributed network devoid of any centralized institution or government. The blockchain is a stable chain of records where every transaction are recorded in the chains or blocks.

The Next mammoth technology is the Artificial Intelligence where the intelligence of taking a complex problem and giving a solution to that problem with the help of algorithms. AI is being used in every industry. Now with the advent of Big Data, the bulk of data that we needed to feed the AI is now here. Big Data and AI go hand in hand when any business analysis is done and required to solve a complex problem where the decision is needed.

Three Cogs Mesh Together

So as we have seen above, the three technologies can be used to identify a problem, arrive at a solution and store the solution on to a secure platform that can be used indefinitely. DATAVLT brought together all three technologies onto a single platform. DATAVLT is a blockchain data analytics platform that tracks down the problem posed in businesses, analyses the factors, integrates the Big Data and surmises at a solution. With Blockchain’s distributed ledger which ensures data security with immutable auditing, the solution to a business problem is stored. With the help of Smart Contracts, both parties in any contract can use Blockchain technology to secure the contract with ease. Blockchain and AI are known for their accuracy of data. With no single points of failure, stability is ensured. The AI learns about the factors in the business problems and tailors the solutions according to the entrepreneur’s needs.

DATAVLT eliminates the inefficient data and the provides with factual solutions for all business needs. DATAVLT assures the future of upcoming ventures with on-demand data analytics supported and secured by blockchain technology. The crux of the data analytics lies in the sustainability of Blockchain, AI and Big Data revolutionizing the data analytics tool which overcomes the limited scope of functions.

New Horizons on Blockchain

DATAVLT has stepped into the world of cryptocurrency with a utility token of its own named DATAVLT token (DVT) that allows both fiat currency and services. This token is based off on the data transactions that will occur during the analytics process. This could pave way for the entrepreneurs to pay with tokens for the data analytics services rendered.