Data remains in silos in a digital environment and there is no real incentive to share it. This results in the hoarding of consumer data which emanates from Google, Facebook, Alibaba and Baidu. Presently, artificial intelligence (AI) platforms give power to those few organizations that process a bulk of data. With sensors embedded in connected cars and devices across the Internet of Things, there is the exponential rise in consumer data generated by these devices and stored in databases. A...

Blockchain continues to enter into the mainstream business market at a fast pace, while moving into other industries outside of the financial services and banking industries. In addition to core business applications, blockchain is also being explored as a possible security solution for the broken and unsecure connected devices and IoT market space. But I wanted to look at blockchain from a business aspect, and explore how it’s expected to impact businesses, as well as emerging as a tool to...