The confluence of various technologies such as artificial intelligence (AI), 5G networks, blockchain and billions of internet of things (IoT) devices is creating the perfect storm that can totally change the daily lives of people all over the world. Many of these technologies are being packaged together into applications that focus on different areas of daily life such as home, work, healthcare and more. “Smart city” is the umbrella term that’s often used to describe a set of applications that focus on ways to make our cities safer, more environmentally friendly and sustainable, and more efficient with respect to transportation. But what is a smart city?
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Artificial intelligence (AI) has been around since the 1950s, but it has recently grown into a real force in the digital transformation of businesses and our personal lives. From digital twins that create “living” digital simulation models of physical things (e.g., avatars for airplanes, cars, etc.) to voice recognition applications in smartphones and home assistants, machines are busy learning all there is to know about us and our world.
The potential impact of quantum computing on technologies such as security and artificial intelligence will enable new applications and capabilities in the fields of healthcare and pharmaceuticals, financial services, aerospace and defense. However, a lot must happen in quantum computing development, with the methods in which quantum computers operate and communicate with each other, and how new quantum native algorithms get developed before any of its practical applications can see the light of day.
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The major difference between the public and private blockchain is the consensus mechanism. In public blockchain, you do not trust any of the other members, so the amount of computation overhead that is involved in verifying or validating every transaction is quite high and time consuming. Whereas in a private blockchain there’s usually a greater amount of permission-based trust involved, so you can use simpler and faster consensus algorithms.
All technology companies focus on the future, but as the interconnection junction between network providers, cloud providers and the enterprise, Equinix has a unique perspective on IT trends and where things are headed. We also work daily to discern where and how our 9,500-plus customers will need to access the interconnection and data center solutions and services we know they’ll need to grow. This all gives us uncommon industry insight and helps inform our annual predictions.