Artificial Intelligence and Blockchain: Startups That Are On The Right Path To Disruption
In the world of startups it is important to look at the focus of the company, it’s founders and the short and longer term goals. Not all startups are created equal and most venture capital firms get attracted initially to the new shiny thing in the room but eventually the savvy venture capital firms begin to look under the hood and really try to understand the vision and how they can benefit from a startups hard work with a cash injection.
Two industries that are not the shiny new thing in the room but just seem that way due to the mass media are Blockchain Technology and Artificial Intelligence, these are mainstays for the future, not foreseeable but the future in itself. So startups that are looking to be disruptive by coming up with real solutions to issues that exist today and not creating a nonexistent issue to fix, those are the ones that are focused on the real prize. Now that prize isn’t becoming the next unicorn, if that is your goal then just become a serial entrepreneur and build a company to dump it at a higher valuation. The prize is invoking change, a change that will evolve into adding value to humanity in some way. It can be as simple as making it easier to hail a cab, message a friend anywhere in the world privately or watch movies on an app. Simple vision but more complicated to execute because a persons vision for tomorrow isn’t always shared with the VC world or the general public.
A lot of times the public doesn’t know they need a thing until a thing is introduced, there was a time where the experts said that the television was a fad and then later on they said they would never pay for tv programming, well look at us now. How about water, the simple thing that we need to exist, the experts said that no one would ever pay for water but low and behold that is a multi-billion global market in all forms and growing.
So the point is that not everyone will understand the vision but if that vision is truly disruptive someone will see it and then the rest will be history. It happened to Apple, Netflix, Kellogg’s, Google, Uber, AirBnb and a whole host of companies that almost never were but it was always that one person that saw their vision that changed the story forever.
In the world of Blockchain Technology and Artificial Intelligence, so many startups are chasing the shiny new thing that caught the attention of a VC and the public, all in hopes of getting investment and a monster valuation. The problem with that is that those are the followers and not the true innovators that we need in the world. Startups should be innovative and break the mold and not follow what the Jones’ are doing. To me that isn’t value, it’s a disaster waiting to happen.
A startup in the artificial intelligence sector that focuses on correcting archaic older systems and processes is poised for disruptive growth, no question about that. By introducing AI-driven solutions to industries such as medical, manufacturing, financial, and cybersecurity, a startup can bring about significant transformations.
In the medical industry, the implementation of AI can enhance diagnostics, improve patient care, and streamline administrative tasks. AI-powered systems can analyze vast amounts of patient data, leading to more accurate diagnoses, personalized treatment plans, and better overall healthcare outcomes.
One startup that is on that path in the medical industry is Dumas Technolgie , it is a groundbreaking startup dedicated to advancing neural technology for the widespread adoption of artificial intelligence systems. Their mission is to make AI accessible to all by seamlessly integrating cutting-edge computer vision and generative AI technologies. By leveraging the power of neural networks, their innovative solutions enable intelligent perception, analysis, and creation of visual data. Through their state-of-the-art computer vision capabilities, they empower businesses and individuals to unlock new insights, automate processes, and enhance decision-making.
For the manufacturing industry, integrating AI can optimize production processes, enable predictive maintenance, and enhance quality control. AI-powered systems can analyze data from sensors and machines to identify patterns, prevent equipment failures, and improve overall efficiency and productivity.
One startup group that is on that path in the manufacturing industry is Alle Tech Manufacturing Solutions, the startup specializes in blockchain-enabled security systems tailored specifically for the manufacturing industry. Their innovative solutions in development will provide robust protection for wireless transmissions, cloud-based infrastructure, and internal servers and computers. By leveraging the immutability and decentralized nature of blockchain, they can ensure the integrity and confidentiality of sensitive data throughout the manufacturing process. Their comprehensive suite of security solutions in development include encrypted wireless communication protocols, secure cloud storage, and advanced firewall systems, ensuring that manufacturers can safeguard their valuable intellectual property, trade secrets, and critical information from cyber threats.
In the financial sector, AI can automate routine tasks, such as data entry and customer support, freeing up human resources for more complex and value-added activities. AI algorithms can analyze market trends, predict investment patterns, and detect fraudulent activities, enabling more informed decision-making and risk management.
Startups in the fintech arena are vast currently and the integration of blockchain technology and AI will be a force to reckon with, companies like JP Morgan and Goldman Sachs have already dipped their toe in the water quietly but it is sure to be impactful in the very near future as Microsoft and IBM gets more into the mix. We are looking forward to see the innovation the world of startups brings to this sector this year.
In the cybersecurity industry, AI can revolutionize threat detection and response. AI-powered systems can analyze large volumes of data in real-time to identify and mitigate potential cyber threats, minimizing risks and enhancing overall cybersecurity posture.
One startup group in the cybersecurity sectors is Muller Industries, they consider themselves a trailblazing cybersecurity startup and they just might be, their systems in development are dedicated to fortifying internal security systems by seamlessly integrating the power of artificial intelligence and computer vision technologies. Their advanced solutions leverage cutting-edge AI algorithms and computer vision capabilities to detect and prevent potential threats within organizational networks. By continuously monitoring and analyzing data patterns, their intelligent systems can identify suspicious activities, unauthorized access attempts, and anomalous behavior in real-time.
And this may seem off the path but it really isn’t, with the issues that have faced the likes of Ticketmaster and other ticketing companies over the past several years will continue unless there is innovation brought in. The Taylor Swift debacle just showed that the archaic systems don’t work today and they need to change.
One startup group that is looking to disrupt this industry is Phare Blockchain Labs, it is an innovative startup that is looking to transform the ticketing industry by seamlessly integrating blockchain technology and proprietary ticketing solutions. Their groundbreaking platforms in development will revolutionize the way tickets are bought, sold, and verified, ensuring transparency, security, and efficiency. By leveraging the immutability and decentralization of blockchain, they can eliminate fraudulent activities and scalping, providing a fair and trustworthy ticketing ecosystem. Additionally, their advanced digital payment solutions, also in development, enable seamless transactions, offering convenience and flexibility to users. They are also pioneering the development of systems that effortlessly integrate into current web2 environments and future web3 environments, ensuring cost-effectiveness and adaptability for their clients. So they are essentially will become a B2B and B2C company and that is probably the best way to do this.
All of these groups are privately held in Eurasia and have done three things which they all share in common, first they have all aligned with MegaHoot Technologies in some way to assist them with technology integration and collaboration, second they have all tokenized in order to build their community base and interest, lastly they are all initially avoiding venture capital investment until they build out their systems for deployment. If successful this will increase the valuations at a later date and put more working capital on the table for these groups.
The disruptive growth brought that can be brought about by groups that are bold enough to try by correcting archaic systems with AI will only lead to increased efficiency, cost savings, improved accuracy, and enhanced security in across all industries. It can enable legacy organizations to stay competitive, deliver better services, and adapt to rapidly changing technological landscapes. Additionally, these groups will wind up attracting investment, partnerships, and collaborations which will drive further innovation and expansion.