As demand for data delivery soars, edge computing & distributed networks deliver data more than 20x faster than the global market leaders.
Bluzelle, the decentralised data technology that utilises blockchain technology and edge computing, has launched the world’s first Data Delivery Network (DDN), taking on global market leaders to meet increasing demand for data delivery by delivering data more than twenty times faster.
As a leading proponent of edge computing, Bluzelle is using its global network of distributed nodes to push data to the edge, where the customer is. The DDN operates in a similar way to a Content Delivery Network (CDN), but instead of caching content, Bluzelle extends the data edge for applications from a single location to use a combination of globally distributed networks – thereby increasing the speed of data retrieval.
“Currently applications are limited to data caching technologies that require complex configuration and management of 10+ year old technology constrained to a few data centres. These were not designed to handle the ever-increasing volumes of data that new technologies like AI, VR and 4K produce,” said Pavel Bains, CEO and Co-Founder of Bluzelle.
When TFT asked about the impact of Artificial Intelligence in the industry, Bains responded:
“Fintechs are capable of offering quality services to their customers at a comparatively lesser cost particularly when AI enables them to reduce costs at each stage. From how consumers access their money to how they apply for mortgages and make financial investments, AI has the potential to create seamless financial services. As fintechs expand into new markets, the ability to accurately and quickly use data to deliver services becomes even more important, so implementing data caching solutions to speed up AI’s machine learning platform is essential.”