An Industry for the Future; A Company for a Future Industry
Over the past 10 years, we have seen data become more valuable and profitable than oil. This has caused a rise in industries such as artificial intelligence, machine learning, and big data led by major tech companies like Facebook, Apple, Amazon, Google (GAFA).
The Connected World
To realize the full potential of a connected world of IoT, machine learning, mobility, and the futuristic vision of autonomous everything, it’s important to better understand the data generated that powers this vision. Data rights require sovereignty enforced by infrastructure itself. Downstream data analysis relies on upstream decision making from business processes, to operational accountability, to AI making software/systems smarter.
From resource production companies trying to understand pipe leakage, to an autonomous driving vehicle that needs an audit trail to act as an insurance policy, or a traditional company looking for insight into operations, data plays a decisive role in a myriad of industries that affect our day-to-day lives.
The Cost of Bad Data
What many fail to see is that bad data behind a secure firewall is still bad data. Incomplete or missing data affects industries into the trillions of dollars annually. Even worse, bad data can cost human life when faulty information is used in engineering, automotive, aerospace and countless other industries worldwide. Constellation Network has developed a distributed ledger technology to embrace the vision of a connected world, powered by big data, by creating the infrastructure to securely validate and protect one of the world’s most valuable resources.
Constellation’s distributed ledger technology enables the mobility industry to customize connected vehicle solutions, creating better business to consumer outcomes for the automotive sector. Current technology is already ingesting vast amounts of data, but as of yet, there is no distributed system that can analyze and provide real-time updates across disparate inputs. Simply put, Constellation provides a protocol capable of ingesting and organize data to meet the needs of new mobility technologies.
Internet of Things (IoT)
The Internet of Things Requires a Faster, More Secure Alternative. Today’s business networks are vulnerable and incapable of dealing with the approaching growth in connected devices (IOT). Constellation is working on a protocol infrastructure that will have the ability for devices to securely and efficiently transmit data across disparate networks.
The healthcare sector is poised for a Blockchain-fueled revamp, as the industry is facing problems that Blockchain technology seems perfectly suited to solve. Among these problems are data security and breaches, medical record keeping, combating counterfeit drugs, verifying the integrity of clinical trials, as well as an increased patient demand for data transparency and accessibility.
How to buy Constellation coin (DAG) in 2020?
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