It is an exciting time to live if you are a tech geek. The rapid development in the technology sector is astounding. With the bulk of investment pouring in to research for technology advancement, it is no wonder the rate of its progress is exponential.
The tech industry is one of the biggest markets in the world. If you combine the value of the biggest corporations in play, it will be more than $3 trillion. That is the combined power of Apple, Alphabet, Amazon, Facebook, and Microsoft.
Technology is a vital component for the success of our society. It improved all aspects of our lives, may it be in health care, finance, automobiles, and even agriculture. Every year we get to see the up and coming and very exciting innovations available around the world.
Here are a few technologies that will make you look forward to the future:
Even though Bitcoin doesn’t seem like it’s going to take off, the core technology, the blockchain, behind this monetary form has been steadily infiltrating several industries. The blockchain is a system or technology which records transactions like a ledger that is resistant to modification. Blockchain, if integrated to industries like finance and health care will make any information, data or detail to be permanently recorded without error or altercation. This makes a transaction, sensitive or not, to be more transparent, trustworthy, relevant, and valuable. Other benefits of using blockchain include:
- Enhanced security
- Decreased cost
- Error proof
5G or 5th generation is the successor of widely used 4G or LTE and is the latest innovation of cellular mobile communication. 5G promises to be at least 20 times faster than a 4G connection. At its peak, 5G can go to the speed of up to 20GB per second. Compare that to 4G with a maximum speed of 60 to 100Mpbs, it looks like our current internet connection is super slow.
With the advent of this technology, you can expect a whole lot more of other existing technology go join the wave and integrate this to their system, thus resulting to some of the most amazing tech experience available.
With 5G, self-driving cars become more reliable, faster, safer and efficient. The speed provided by 5G will allow these types of vehicles to process data faster. Video call experiences will also progress. The next type you have a Skype video call, it would feel as if you are face to face with the person on the other line. No hangups, no blur or occasional pixelation. Downloading your favorite TV series will only take you seconds and watching a video stream will be next level.
AI or artificial intelligence has been integrated into some technologies available today. IoT, for example, requires an AI assistant to ensure that your commands and needs are properly addressed and responded to. In the near future, AI will be capable of learning like a human, only faster. In addition, the speech synthesis of this technology will improve to the point that it would feel like you are not talking to a robot or a recorded voice tape. Deviations from the way you speak or the language you use will no longer be a hindrance because it will completely understand your command.
Customize Cancer Treatment
Cancer has been a long-feared disease that ruins the lives of all involved, but a new healthcare discovery promises a more effective, specific medication – customized cancer vaccine. It has the same idea as immunotherapy, wherein scientist triggers the immune system to target a specific culprit in the human body. The difference is that it is designed for cancerous tumor cells. If this technology becomes totally successful, health care experts can make the patient’s immune system produce T cells that will look for and annihilate cancer cells that it has identified.