The team at BSV Blockchain recently attended the Gartner IT Symposium 2024 which brought together 7,000 attendees, including CIOs and senior IT professionals, for a four-day event focused on discussions about key technology strategies and trends shaping the corporate IT landscape.
The event highlighted AI as the central theme, with 74% of surveyed CEOs identifying it as the technology poised to have the greatest impact over the next three years. Discussions explored AI’s potential to boost employee productivity, optimise processes, and drive innovation in business models, while also tackling critical challenges such as AI governance, disinformation, and the risks associated with autonomous or ‘agentic AI’.
While the symposium might seem like a more traditional IT and AI conference, it is the perfect platform to advertise the potential of the BSV blockchain, explains Martin Coxall (Director of Growth at BSV Blockchain). ‘They need blockchain to solve issues they have not yet identified. A good example here is how to scale AI use durably beyond the initial hype,’ Coxall told CoinGeek.
This was echoed by Frank Dickob (Provisioning Director at BSV Blockchain) who noted that the BSV Blockchain must understand the real day-to-day challenges of enterprise tech executives and managers and what they are exploring to solve these challenges.
He added that the Gartner event, in particular, provided an open forum to gain condensed, systematic insights from hundreds of companies while providing a ‘safe’ space for participants to discuss and exchange perspectives rather than focusing on buying or selling.
The advantages of combining the BSV blockchain and AI
The integration of blockchain technology and artificial intelligence (AI) offers a transformative opportunity to reshape solutions for enterprises and governments. The BSV blockchain, renowned for its unparalleled scalability, low transaction costs, and strong security, complements AI’s data-centric capabilities, forming a powerful platform for innovation.
Numerous use cases highlight how a scalable blockchain can address challenges associated with implementing AI in business contexts. Key risks often include intellectual property (IP) misuse, legal ambiguities, and data privacy concerns. By leveraging scalable blockchain technology like the BSV blockchain, organisations can implement solutions such as IP verification, royalty management, and regulatory compliance. This creates a secure and efficient framework for integrating and safeguarding AI systems.
The BSV blockchain is not like other public blockchains – it is by an order of magnitude the most scalable and efficient blockchain in the industry. With its scalability and low transaction fees, it ensures that companies can handle a vast volume of transactions and data without worrying about network congestion.
Additionally, its stable protocol and predictable environment are essential for enterprise-level applications. The BSV blockchain’s focus on data management and security is another key advantage, enabling businesses to store, manage, and verify vast amounts of data in a transparent and immutable manner. Furthermore, its commitment to regulatory compliance and industry standards fosters trust and legal certainty.
