Few technologies garner as much attention and enthusiasm as blockchain technology and artificial intelligence (AI). Both technologies are featured prominently in Deloitte’s 2019’s Tech Trends Report, and they are drawing significant investments at the enterprise level.
For instance, PwC’s 2019 Global Blockchain Survey found that 84% of executive-level survey respondents indicated that their companies are “actively involved” in blockchain technology. Similarly, 80% of enterprises are investing in AI.
Of course, the struggle of adoption and usability, especially for blockchain technology, is well documented. Blockchain technology faces challenges associated with centralization, 51% attacks, scalability, and staking.
In many ways, these two burgeoning technologies can assist one another in their development and adoption curve. That was part of our conversation with Velas CEO Alex Alexandrov, who also serves as the CEO for CoinPayments, the largest altcoin payment processor in the world.
We talked about the latest iterations in digital payments as well as the ways that his latest project which is bringing AI and the blockchain together to improve the functionality of this highly lauded technology
CoinPayments has played a vital role in the cryptocurrency space in recent years. Now that winter has ended, are you feeling growth symptoms that remind those of early 2017? Do you feel more prepared for if/when a new wave of adoption begins?
For sure the markets have started to recover this year, but we still have a long way to go before we can say with certainty that the “next wave of adoption” has begun. During the market downturn, we spent a lot of time and hard work into improving our service. If we learned anything from the market boom of 2017,