The role of decentralized networks in a data-abundant, hyperconnected world

Cointelegraph

Published Mar 14, 2021 03:37AM ET

Updated Mar 15, 2021 05:40AM ET

When it comes to computer data storage, it can seem like we are running out of numbers. If you are old enough, you may remember when diskette storage was measured in kilobytes in the 1980s. If you are a little younger, you are probably more familiar with the thumb drives denominated in gigabytes or hard drives that hold terabytes today.

But we are now producing data at an unprecedented rate. As a result, we are going to need to be able to grasp numbers so large that they seem almost beyond human comprehension. In order to get a sense for the new realm into which we are entering, consider this: Market intelligence firm IDC estimates that the total global creation and consumption of data amounted to 59 zettabytes in 2020 — that’s 59 trillion gigabytes in old money.

Stephanie So is an economist, policy analyst and co-founder of Geeq, a blockchain security company. Throughout her career, she has applied technology within her specialist disciplines. In 2001, she was the first to use machine learning on social science data at the National Center for Supercomputing Applications. More recently, she researched the use of distributed networking processes in healthcare and patient safety in her role as a senior lecturer at Vanderbilt University. Stephanie is a graduate of Princeton University and the University of Rochester.

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