The pandemic has brought about a sense of agency to introduce new tech innovations, at times when we cannot have physical contact with each other as we could in the past. It has also opened a lot of opportunities for new businesses and expanded existing ones.
This article will tell you about some of the tech trends that are widely popular in 2021.
Five popular tech innovations in 2021
1. Blockchain
You might have heard of terms like ‘cryptocurrency’ and ‘bitcoin’ — digital currencies that provide a platform for storage and transactions. According to Analytics Insight, these digital currencies enable various sectors in storage and transaction by eliminating centralised control and third-party control, using Decentralised Finance, otherwise known as DeFi.
Various industries such as healthcare, financial technology, retail, and e-commerce can benefit from blockchain.
2. Artificial Intelligence
According to SAS, Artificial intelligence (AI) makes it possible for machines to learn from experience, adjust to new inputs and perform human-like tasks. Despite the fact that AI has been there since 1955, it is an ever-developing innovation. Automation has become compulsory in many industries.
One of the simplest examples is analytics — the study of human behaviour and trends in business. AI has made it easier for businesses to understand what the customer needs, enabling them to give the customer exactly what they want while gaining profit.
Other examples of AI include computer chess-playing. Have you have wondered who is actually making moves for the computer in a chess game online? That is an AI. Self-driving cars are another example.
3. Cybersecurity
Although cybersecurity might seem like it’s not a front-line innovation, it is still very relevant in 2021 because it protects us in cyberspaces when hackers try to gain unauthorised access to our data.
Financial services, government, software and internet services, manufacturing, and healthcare are among some of the industries that benefit from cybersecurity.
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4. 5G
5G has been the talk of the town since 2019 when it was first introduced to the world. It is the fifth generation technology standard for broadband cellular networks that is slowly penetrating the tech industry.
3G and 4G allowed us to experience the internet better, with increased bandwidth for streaming services like YouTube. 5G is a whole lot faster than the previous generations.
According to Simplilearn, it is also expected to be used in factories, HD cameras that help improve safety and traffic management, smart grid control, and smart retail too.
5. Virtual reality and augmented reality
Virtually reality (VR) means that the users’ perception of reality is completely based on virtual information while augmented reality (AR) means that the user is provided with additional computer-generated information within the data collected from real-life that enhances their perception of reality.
VR is mostly popular in gaming, however, reports say that this innovation might also help in healthcare for patients post-surgery to reduce pain by immersing them in a VR world, refocusing the body and mind.
