Last time, in terms of technology trends, we introduced you to AI, the cloud and the internet of things. This time, we plan to keep exposing you to the many computing worlds that seem to keep growing. Again, these are some of the most important sectors that will likely make huge progress in the future. Therefore, they are great places for stock investments.
Blockchain
Blockchain is the most novel concept on the technological block. Blockchain allows for a simple and secure way to trade cryptocurrencies. In response, cryptocurrencies promise to break boundaries and end in results never before foreseen. It offers the promise of a future world where financial services have no central hub. Banks and countries would lose a lot of power as a result. However, individuals will have far more control.
Due to its novelty, many still worry about the stability of such a system. They may be quite right to worry, in fact. The crypto market is infamous for its volatility, as crypto prices change all the time. This is a sign that people have not quite figured out the use of cryptocurrencies yet, though. As time progresses, we shall hope to see people understand its best use and more standardization. Some of the largest critics of cryptocurrencies are those institutions that feel threatened by their existence. Therefore, you should not be surprised by so much negativity.
Even though the first wave of crypto success seems to be over, there is a bright future ahead. Blockchain technology allows for faster transactions than ever before, and it is still improving. Therefore, it’s best to look for those coins that offer the best reliability for the future of blockchain.
Mobile telecommunications
What is mobile telecommunication? Well, you may know it under a slightly different name, 5G, 4G, etc. Currently, many people are anticipating the release of the new 5G technology. With each progression of these communications, we have seen significant improvement. Mobile internet speed has skyrocketed over the last decade. There is no reason 5G will be any different. 5G offers an unbelievable speed for phones around the world.
The companies investing in this technological trend are Huawei, AT&T, and Samsung. These are just some of the countless platforms moving to 5G.
