Technology Trends 2018: 5 Futuristic Most Sought Tech Concepts To Get Updated

Cryptocurrency and Blockchain

The usage of digital currency has spiked over the past few years. The Indian government itself had taken this path and introduced gold bonds that are documents containing value of gold for the amount invested.

Similarly Bitcoins are another form of digital currency akin a share collateral. One has to buy it and wait for the value to increase in order to make use of it.

In such a state, it is important to use cryptography to make a secure transaction. Cryptocurrency is the next version of cryptography. It is an algorithm that ensures double swiping or duplicating of money withdrawals.

The algorithm used for Cryptocurrency is called Blockchain. Blockchain distributes the date from one server to the other so there is a clear record of currency balance in all the database to avoid frauds.

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Big Data Analytics

Well, its a digital era. The conventional methods of research is now replaced almost fully by digital searches. At such a state, it is important to have a customised algorithm for different people who make different searches online.

Everybody is in need of some data or the other constantly. Big data analytics helps in shortlisting the required data from a plethora of information. This helps in making the work of common man easier and saves time for researchers.

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Artificial Intelligence

AI is a concept that scientists have been working on for a long time now. With constant efforts for innovation and development, the tech industry hopes to create a classic set of robots.

Robots are already existential in some countries but the challenge is achieving a perfection in them. The ultimate goal of making robots is to achieve a human clone.

Although humans are undoubtedly irreplaceable, making a similar machine that could assist them sounds thrilling, isn't it? Hence, Artificial Intelligence has a sure shot scope for 2018.

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Virtual Reality and Augmented Reality

This is a concept that was budding in late 2016. Animation has created a magic in movies and e-learning for decades now. It is time to now switch to the futuristic technology to redefine entertainment.

Augmented reality is the idea of superimposing digital images with the real world, the z-axis in a graphical point of view. It is more than just 3-D or 5-D technology as the image not only pops out from the screen with sounds and smell but also gives one a real time experience of going inside the screen. Since the virtual images are superimposed in real world, it is called virtual reality.

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Automation

The concept of automation can be explained with the work of a simple calculator. While numbers were initially on papers and fingers, calculator, automated the task of computing. Later, computing was applied to many other technologies that yielded a computer. The next version of computers is automation.

Automation helps in reducing manual work and save time. Creating a programme for computers to smartly do tasks without manual intervention is automation. The more automation is developed, a country is considered to be the more developed technologically. If this is the status quo for a country, then it is definitely the one in demand for 2018!

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