Technology runs our lives these days. This article provides a quick look at the scope of the present technologies a few years down the line.
As we enter 2019, we see technology keeping pace in every field. It is now within our reach to support smart living and styling. Technology is transforming the way we learn, work, play and live. Technological advancements in communication make it possible for us to communicate irrespective of location and ability. Technology has its branches and necessary aids for each one of us, for our every need, irrespective of industry or market. Industries need to take advantage of recent technologies to reach global markets and to make services available to a broad range of users.
Technology is driving innovation and empowering organisations in their digital transformation journey. It is helping companies transform their operations and business models. External partnerships can open new markets for platforms and products, and also help companies overcome traditional barriers of expansion and scale with the help of core competencies that each partner possesses. Following are a few current technologies poised to become world changers in the year 2019 and beyond.
Blockchain technology
As more and more people are getting connected, identity and privacy protection have become a concern. Blockchain is an incredibly strong distributed data ledger, information within which is encrypted to keep it safe. It is stored across a huge network and, hence, there is no central point of failure.
Blockchain and biometrics provide a robust way to secure and manage user identities through an incorruptible and encrypted method of record keeping that is easily verifiable. So it is likely to play an important role in establishing secure data records.
Companies have applied Blockchain technology to everything from tracking and accessing information in academia, to games that use complex algorithms to create
This story is from the January 2019 edition of Electronics For You.
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This story is from the January 2019 edition of Electronics For You.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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