With smart city solutions becoming a rage, the future is betting on Artificial Intelligence and Blockchain. 2023 is just a couple of months away and we’re talking about enabling our cities to evolve into smarter, more advanced, and tech-wired Mega Centres. Blockchain technology is the latest entrant on the block; while creating enough groundwork for a novel network family. Although, many people understand Blockchain as the popular medium initially designed for Cryptocurrency Bitcoin. Later, with improved online security and streamlined fundraising, and other payment options, Blockchain has become THE most sought-after technology among companies around the globe.
As per the recent data gathered by BuyShares.co.NZ infers that Global spending on Blockchain Solutions is to surge by 235% and hit $14.4 billion in 2023. Other statistical data reveals the growth of Artificial Intelligence as a technology is estimated to reach the $42 billion mark by 2023. Artificial Intelligence has been a game changer with a wider share of the market being hosted by this clever invention. Isn’t that a loud invite to go all out and be the change that has arrived in its full expanse?
With the bloom of technological revolution in recent decades, it has been observed that these innovations have mastered the trick to pivot our day-to-day lives in a more comprehensible manner, making convenience a way of living. In today’s digital era, the smart city can become an intelligent society by utilizing advances in emerging technologies. A paradigm shift is experienced in the form of a smart city ecosystem through the large-scale adoption of blockchain technology. Experienced AI professionals are at it; when it comes to elevating the tech experience of the end user.
Any city, to be tagged ‘Smart’ needs the following:
Smart city ecosystem has their own set of challenges. Sophisticated technology is required to address any loopholes. Efficient storage, handling, and transfer of data in a smart way is the need of the hour. Blockchain provides a decentralized way to store data in the form of digital ledgers with third-party intervention.
No doubt, it is evident that Blockchain and Artificial Intelligence have the potential to create numerous sustainable smart networks and grids, altering the way of living drastically. AI professionals are the key drivers of this advancement; which is fostered by the best AI certifications worldwide. You must be thinking, what is the connection between AI certifications and building smarter cities? The straight answer is that these credential add-ons not only help in getting you closer to your dream AI career and building a future-proof AI portfolio, but the key skills learned set you on a higher pedestal from the competitors. Smart cities are leading the shift towards enhanced technology for improving public security and overall quality of life. In a true sense, it has become a crucial component of what is needed to build lasting solutions for cities of the future.