Top 5 Innovative Technologies Rising Up in 2024

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Innovative Technologies Rising
Innovative Technologies Rising

Technology is developing so fast that in a few years, we may see the next new technologies such as quantum computers and neural networks. They have the potential to change the world and influence many areas of life such as medicine, science, education and business. In this article, we will look at the ones that will make a breakthrough in 2024.

Metaverse

According to the developers’ idea, the Metaverse will not only become a platform for entertainment, but also for work, education, the development of telemedicine and online commerce, as well as for financial transactions. Some people also predict that in Metaverse it will be possible to dive into a wide pool of various activities, entertainment options, different online games and have an immersive experience fully in a virtual environment. However, these are only predictions – for now, casino platforms allow crypto-savvy players to deposit with Bitcoin, Ethereum, and Litecoin. While these advancements may pave the way for the Metaverse, the iGaming sector is yet to break through the Web 3.0 space.

Many companies are actively using the Metaverse to test their products, create a new image and establish connections with potential customers. Given that, the “industrial” Metaverse is one of the most promising technologies in the IT industry and Industry 5.0.

Numerous applications can be found for it: digitizing the real world, working with big data in virtual environments, creating models to achieve sustainable development goals while minimizing costs. At its core, it can become a full-fledged digital twin of the reality in which we live.

Despite the possible risks, interest in the Metaverse continues to grow among technology market players, as they are confident in its significant economic prospects. Analysts predict that by 2025 its capitalization will reach $800 million, and in 10 years – $2.5 trillion.

Digital Twins

This technology is quite young, but more and more people are resorting to it. For example, creating a digital twin of a plant allows you to create various enterprise optimization models. Founders can then choose the most efficient model to further increase profits.

It also makes it possible to predict errors, reduce costs, improve quality control and preventive maintenance. It is worth noting that such technologies are used in various fields, including manufacturing, the military industry and many others.

Developers of various applications, especially those based on neural networks, can also use this technology to test different scenarios and identify weaknesses in their projects. This allows you to eliminate vulnerabilities and provide the end user with a reliable and ready-to-use product. It is also possible to use digital twin technology in the fields of education, medicine and sociology.

The Internet of Things

Today, IoT (Internet of Things) sensors are widely used in various fields. The most common and familiar system where they are used is the “smart home”, in which devices such as a TV, a smart speaker, a lighting, door and window control system can communicate and transmit data to each other.

There are similar, but larger systems for doctors, military, law enforcement and scientists from different fields. However, there is a problem that the products work on different platforms, which are not always compatible with each other.

The IoT network continues to grow and already includes tens of millions of devices around the world. Therefore, in 2023, the technological trend in this area will be related to the cybersecurity of the Internet of things. This is due to the fact that hackers have repeatedly hacked into users using vulnerabilities in smart gadgets.

Quantum Computing

Large information technology companies such as Microsoft, Intel, IBM, AWS and Google have already got their own quantum computers. These devices are huge, complex systems that scientists claim can surpass the performance of any supercomputer.

However, the Chinese company SpinQ Technology went even further, offering everyone to buy their own quantum computer for a low price of $ 8900. Their device, Gemini Mini, allows users to understand the principles of quantum computing.

Although many believe that the Gemini Mini device is just a “showcase”, it still represents an important technological trend – quantum computers, phones, the Internet and communication are just around the corner.

Soon, all these technologies will become commonplace for people and will no longer be found only in laboratories, but will begin to be used in offices, educational institutions, financial and medical institutions, public and government organizations and in the home.

One of the main interests of scientists is quantum encryption. This method of information protection will not allow intruders to easily hack into the device, since the protection system recognizes the attack at the physical level.

Super Apps for IoT and Metaverse

In order for mobile applications, platforms and digital ecosystems to function harmoniously in the Metaverse or the Internet of things system, super applications are needed – one of the new technologies.

The super app will be based on a single platform and provide a wide range of services, allowing users to enjoy a personalized and unique user experience. With it, users will be able to have fun, study, work, shop, receive virtual medical care and even travel without leaving the application.

In addition, the super app will contain an intelligent chatbot and combine IoT-based technologies with immersive experiences such as the Metaverse.