The Top 5 Emerging Technologies
Technology is fast changing and continuously-evolving, which makes it difficult to keep up with all the changes. But in the midst of all the changes, a few top technologies have shown promise with their rapid development, consistent presence, and fast growth.
Here are top five emerging technologies that have great potential and will take over the world in the next few years.
1.) LiFi
LiFi is an emerging technology mainly used in the transmission of data. It is an advanced wireless optical networking system that uses light-emitting diodes to carry out signals. LED bulbs are enhanced with an intuitive chip that is responsible for controlling the light for optical data transmission. Data emitted from the LED bulbs are then received by photoreceptors, transcribed, and retransmitted back to the LED.
LiFi offers numerous advantages over WiFi in terms of security, which is why data transferred over LiFi is considered more secure. One of its main selling points is that visible light is inherently secure since light cannot pass through walls, preventing any leakage of data. It also doesn’t interfere with other electronic equipment, which makes it even more secure in high-risk environment such as hospitals and airports.
2.) IoT or Internet of Things
The Internet of Things (IoT) provides any two devices the ability to communicate with each other without human intervention. It is a computing device system that relates two or more different equipment with unique identifiers (UIDs), which they use as they communicate with each other.
Once IoT devices receive instructions, they require no human intervention to function normally. This technology offers so many advantages, which include control and automation, real-time monitoring, and a reliable machine-to-machine connection in which two different devices can communicate.
3.) Artificial Intelligence (AI)
Artificial Intelligence (AI) is an emerging technology that provide machines with the ability to process language and other data similar to how human beings process different stimuli around them. AI-equipped devices are designed to perform activities to replace human intervention such as manufacturing, planning, and problem solving.
Tractica estimates the net worth of Artificial Intelligence can improve to up to $60 billion in a matter of ten years, from $1.5 billion in the year 2016. But with the looming threat of AI disrupting different sectors, it is estimated that up to 38% of jobs could be lost to AI within the next decade.
4. Blockchain
Blockchain is a piece of technology that closely resembles a ledger. Blockchain contains a list of all transactions made using the technology with a cryptographic hash of the previous block, a timestamp of the transaction, and data of the transaction.
By design, blockchain doesn’t allow alterations to the data, which makes transactions more secure. The fact that transactions are transparent provides an extra layer of security. This makes financial transactions based on blockchain possible, which is the basis for cryptocurrency. Virtual currencies, such as BitCoin, can be used to purchase various goods and services that do not have to be virtual.
5.) Virtual Reality (VR)
Virtual Reality is a technology that provides users with a simulated environment. But unlike other technologies with an interface, VR lets users feel like they’re in a digital environment. It stimulates various senses during the entire experience, such as vision, hearing, and even touch to provide a fully-immersive experience.
The major component of any VR systems is the head-mounted display (HMD). It spells the difference between a traditional user interface and an immersive VR experience.
Here are top five emerging technologies that have great potential and will take over the world in the next few years.
1.) LiFi
LiFi is an emerging technology mainly used in the transmission of data. It is an advanced wireless optical networking system that uses light-emitting diodes to carry out signals. LED bulbs are enhanced with an intuitive chip that is responsible for controlling the light for optical data transmission. Data emitted from the LED bulbs are then received by photoreceptors, transcribed, and retransmitted back to the LED.
LiFi offers numerous advantages over WiFi in terms of security, which is why data transferred over LiFi is considered more secure. One of its main selling points is that visible light is inherently secure since light cannot pass through walls, preventing any leakage of data. It also doesn’t interfere with other electronic equipment, which makes it even more secure in high-risk environment such as hospitals and airports.
2.) IoT or Internet of Things
The Internet of Things (IoT) provides any two devices the ability to communicate with each other without human intervention. It is a computing device system that relates two or more different equipment with unique identifiers (UIDs), which they use as they communicate with each other.
Once IoT devices receive instructions, they require no human intervention to function normally. This technology offers so many advantages, which include control and automation, real-time monitoring, and a reliable machine-to-machine connection in which two different devices can communicate.
3.) Artificial Intelligence (AI)
Artificial Intelligence (AI) is an emerging technology that provide machines with the ability to process language and other data similar to how human beings process different stimuli around them. AI-equipped devices are designed to perform activities to replace human intervention such as manufacturing, planning, and problem solving.
Tractica estimates the net worth of Artificial Intelligence can improve to up to $60 billion in a matter of ten years, from $1.5 billion in the year 2016. But with the looming threat of AI disrupting different sectors, it is estimated that up to 38% of jobs could be lost to AI within the next decade.
4. Blockchain
Blockchain is a piece of technology that closely resembles a ledger. Blockchain contains a list of all transactions made using the technology with a cryptographic hash of the previous block, a timestamp of the transaction, and data of the transaction.
By design, blockchain doesn’t allow alterations to the data, which makes transactions more secure. The fact that transactions are transparent provides an extra layer of security. This makes financial transactions based on blockchain possible, which is the basis for cryptocurrency. Virtual currencies, such as BitCoin, can be used to purchase various goods and services that do not have to be virtual.
5.) Virtual Reality (VR)
Virtual Reality is a technology that provides users with a simulated environment. But unlike other technologies with an interface, VR lets users feel like they’re in a digital environment. It stimulates various senses during the entire experience, such as vision, hearing, and even touch to provide a fully-immersive experience.
The major component of any VR systems is the head-mounted display (HMD). It spells the difference between a traditional user interface and an immersive VR experience.
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