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

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

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.

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