TechSpeak By Sankalp

  Booming Technologies Technology is the lifeblood of our existence. Without it, we cannot comprehend our daily activities which are intertwined with the world around us. Connectivity is the purpose; technology is the fuel that fulfills that purpose. The evolution of technology has given us variation in inventions. From innovation in agriculture to gunpowder, from locomotives to AI, technology has truly evolved. However, technology today is a step ahead of connectivity and is moving ahead to enable automation and artificial intelligence. . Why do things that can be done by others? Given below are some of the technologies under development and are likely to have a huge impact on the world (not in the order of rankings). Artificial Intelligence (AI) AI refers to enabling machines to think and mimic like humans. They are programmed to simulate human intelligence and exhibit traits such as problem-solving. In 1995, AI came into being as an academic discipline. AI was based on the assum...

Blockchain is an emerging concept which has been introduced in the year 2008 by a group of persons using the name Satoshi Nakamoto . Blockchain refers to the process of recording transactions in a digital form. A blockchain is a decentralized system where persons trading in any cryptocurrencies can have access over their individual transactions. Normally transactions in the traditional system are a centralized process whereby only banks or other financial intermediaries can record those transactions in a separate ledger. Whereas blockchain means that a separate ledger is maintained whereby all the transactions that take place from peer to peer are recorded. It is the most convenient way of recording transactions as it doesn't require any interference of third parties such as banks or any kind of financial intermediaries or institutions. Any person can transfer bitcoins digitally to other persons residing in any part of the world, and all these transactions are recorded in a separ...