LAS VEGAS, July 23, 2024 (GLOBE NEWSWIRE) — Blaqclouds Inc. BCDS is pleased to announce the launch of a new blockchain-based AI company. This cutting-edge initiative will enhance data collection for blockchain operations, revolutionizing the industry and rapidly expanding security, efficiency and scalability for businesses worldwide.
According to https://www.marketsandmarkets.com, the global blockchain market size was valued at USD 3.67 billion in 2020 and is projected to reach USD 39.7 billion by 2025, growing at a CAGR of 67.3%. At the same time, according to a report by Grand View Research, the AI industry, valued at USD 62.35 billion in 2020, is expected to expand at a CAGR of 40.2% from 2021 to 2028. The convergence of these two dynamic sectors offers tremendous growth opportunities and allows Blaqclouds Inc. to be at the forefront of technological advancements.
Blaqclouds Inc.’s new blockchain-based AI company leverages decentralization and artificial intelligence to power real-time data scraping and compilation. A trustless environment and reduced human intervention improves the integrity and security of AI operations. This hybrid approach aims to mitigate data breaches and streamline processes, providing unparalleled benefits in data security, operational efficiency, and cost-effectiveness.
This venture puts Blaqclouds Inc. on par with prominent industry players such as IBM, which has made great strides in blockchain AI solutions, and Microsoft, whose Azure Blockchain Service is rapidly gaining popularity. By combining its proprietary blockchain and AI applications, Blaqclouds Inc. is poised to bring innovative and unique products to the market and take on the fierce competition.
“We are excited to announce our newest blockchain-based AI company, which marks an important step towards creating a suite of new BlaqClouds technologies,” said Marjorie Schafer, CEO of Blaqclouds Inc. “Not only does this announcement underscore our commitment to cutting-edge research and development, it also sets the stage for what we believe will be a pivotal advancement in the way blockchain companies compile and secure data.”
Blaqclouds Inc.’s recent expansion promises to deliver innovative solutions to meet the evolving needs of businesses across multiple sectors, from finance to healthcare. With the potential to capture significant market share, this launch represents a golden opportunity to capitalize on the burgeoning blockchain and AI sector.
The blockchain-based AI company will officially launch this week with a virtual event showcasing its initial capabilities and strategic benefits. Interested parties can register for the event at BlaqClouds.io to learn more about how Blaqclouds Inc. is ushering in a new era of intelligent and secure digital solutions.
Blaqclouds Inc. is a Nevada publicly traded company specializing in artificial intelligence and innovative blockchain technology solutions. Focused on delivering high-performance, secure and scalable AI-powered blockchain solutions, Blaqclouds Inc. continues to push the boundaries of what’s possible in the digital age.
This is to better reflect the new direction of the company. Please disregard all past social media posts and news releases. Check company press releases for new social media outlets. Currently, the only media outlet is the company’s Twitter (X) account @BlaqcloudsBCDS. To improve communication with shareholders, please email marjschaefer.manager@gmail.com. The company’s website is https://www.bcdsholdinginc.com. Company information can be found at https://www.otcmarkets.com/stock/BCDS/profile. We will provide many more updates to shareholders as the company moves in a new direction.
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contact:
Blaqclouds Inc.
marjschaefer.manager@gmail.com
