Are investors paying more attention to AI than blockchain?

We observed that money is just a fancy paper and data is the new currency, thanks to innovative advancements in the technology-enabled era. Data attracts investors and technology enthusiasts, when it is also in the form of digital tokens, values, statistics and decisions. It is well established that data must be secured and scaled for operational implementation.

Both AI and Blockchain technologies are fighting to gain a strong foothold while attracting investors to boost fundamental development. Businesses and consumers struggle to assess “what is best” when it comes to future-proof solutions.

But practically, it is better to take maximum advantage when AI can outperform humans. Likewise, blockchain technology was just a concept based on predictable trial and error when Nakamoto executed it and made bitcoin transactions using the first blockchain in 2009.

Diverse prospects came before the ambitious investors with the rise of the AI ​​and blockchain market. The size of the worldwide AI market exceeds more than US$ 136 billion, which is expected to grow at a CAGR of 32%, breaking a record high of US$ 1.5 trillion.

Since the first AI Chatbot ChatGPT became popular, all eyes turned to AI. Everyone started exploring the use of AI chatbot in different ways. The investors were attracted and called AI, a lucrative investment with this unprecedented growth.

In the next 10 years down the line, the AI ​​market is expected to grow 18 times compared to the present. Around 48% of businesses worldwide, in multiple vertical roles, have started using AI to use data and create precise solutions that are resistant to human error. Every blockchain development company panicked with this unexpected boost in AI-developed solutions
The value of the blockchain market was 10 billion US dollars in 2022, while the crypto market saw a huge drop at the end of 2022. It was due to FTX which was on the verge of collapse after Sam Bankman-Fried was arrested, soon after. the news of another crypto fugitive Do-Kwan. The crypto investors got worried observing the market figures and therefore people started losing interest in crypto.

Moreover, they even started questioning the platforms that were created by blockchain technology.

In practice, the blockchain industry has always recovered from several ups and downs. Therefore, there are several ways that the blockchain industry can pull through this time also from such investors’ damages.
Gradually, the technology has spread its consistent roots around the entire verticals. To reorganize the very basics of the technology or product/solutions, it is combined with is the main idea of ​​blockchain technology.

Being the face of blockchain, not necessarily, Crypto can destroy the growth of the technology. According to people’s understanding of other technological applications of blockchain, it may never be the best, but one of the most bankable investments. Blockchain can offer high-scale security with less or no friction between transactions.

Something that can elevate the business processes of many industry niches.
Blockchain is the most ascendant investments for the future even after some of the deadliest consequences like crypto winters, failed algorithmic stable coins and so on.

Blockchain is one of the technological innovations, which proves that Indians have the potential to cross bridges standing upright. By introducing Fintech apps, software, blockchain solutions and even India’s own digital currency, the Indian government has already started making aggressive changes. It is collectively estimated that the use of CBDCs and other blockchain-based digital assets will add USD 1 trillion to the Indian economy.
We can observe a shift of 56% of Indian businesses adopting blockchain, the top competitors are supply chain management, financial sectors, healthcare and government. Creating digital identities, wallets and even currencies will help the 23% of the Indian population without any official bank accounts. So it will be able to create a whole new ecosystem by itself.

A report showed that 90% of crypto buyers and 60% of blockchain investors are Gen-Z. They simply understand the technology at a significant level. They know how widespread its applications are and help them quadruple their portfolio with secured investment. Therefore, blockchain is ultimately one of the most profitable investments for the future if you know how the technology scales and applies itself in various industries.

There are many investment opportunities that help the technology reach $20 billion in global revenue by 2023. The returns are also impressive as blockchain will begin to address technological sectors such as setting up and building value chains that ensure trustworthiness, authenticity and ownership of the contracts as well as digital assets. Reducing friction when it comes to international trade, while decentralization is one of the most enterprising that increases the investment piggy bank for blockchain. Finally, there are blockchain applications in various industries to improve data efficiency, scalability, and reliability.

Blockchain is certainly a fantastic investment opportunity, playing a central role in upgrading the established systems in various verticals. The blockchain industry CAGR is expected to reach 85% by the end of 2030. Technology is extremely valuable and serves influential industries that have a major impact on the world.

Ultimately, blockchain has the characteristics that will help it sustain and enable businesses. On the other hand, AI will accelerate this development with unimaginable accuracy. One must learn that both technologies can be synergized to serve sustainable development in the future.

The rise of AI is an inevitable beginning, but there are no trends that can affect the blockchain sector. As countries are built on economies of scale, Blockchain and AI will help become a reality by introducing concepts of smart financial planning, decentralized governance, sufficient authenticity and so on.

Both artificial intelligence and blockchain are capable of penetrating and innovating the fundamentals of a variety of technological applications. Undoubtedly, both technologies are profitable and will continue to experience incredible growth.

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