We live in an ever-changing digital world. Every day somebody proposes an idea, and these ideas are challenging the world of technology as we know it today.
Combining the rapid rate of evolution of technology with the COVID-19 pandemic, businesses all around the world have quickly adopted technology in their day-to-day work, and lots of businesses have started with a focus on introducing new technology to the market.
We’re going to cover some of the key trends in technology that you should look out for in 2022.
Cryptocurrency, also known as ‘blockchain technology’, has taken the world by storm. The most common currency is Bitcoin, closely followed by Ethereum. These currencies utilise blockchain technology, meaning they are digitally unique and cannot be traced online, amongst other benefits.
The rise in cryptocurrency started in 2021 and should be expected to continue growing and entering our day-to-day lives in 2022.
NFTs (which stands for non-fungible tokens) also utilise blockchain technology, mentioned above. NFTs are essentially the ownership of a unique token, which is often associated with digital files. These are often artwork (images) but can be music, videos, and most other forms of digital files.
The introduction of NFTs has been hugely popular at the end of 2021 and is expected to become more popular as we progress through 2022.
3) Artificial Intelligence
Artificial intelligence is being used in all aspects of technology, and in recent years, has been introduced into our common day-to-day appliances. Some great examples are:
– Mobile phones and smart speakers
– Vehicles (such as Tesla)
– Kitchen appliances
– Smart home technologies
– And plenty more.
Artificial intelligence is expected to continue being developed into further areas of our day-to-day lives and is something we should expect to adopt into our homes in the near future.
The ‘Metaverse’ has been a popular term at the end of 2021 and is used as a general overview for a ‘digital world’. Although the metaverse doesn’t formally exist, many companies are now entertaining the idea and many are developing their own metaverse technology, most popularly, Meta (formally Facebook).
5) Digital gambling
With the introduction and growing popularity of cryptocurrencies and NFTs, digital gambling can also be expected to become more popular.
Gambling sites, such as BoyleSports, offer a wide range of options for users, from casino games to live sports events, making it easier than ever for people to gamble from the comfort of their own home or on the go.
There is a range of mobile networks that keep us connected to the internet on the go, including 5G, 4G, 3G, and others (although these are very rarely seen due to the availability of 3G, 4G, and 5G). We are now seeing the 5G network coming to life and available for consumers all around the world, granting access to better connectivity and faster speeds.
5G is expected to improve connectivity around the world throughout 2022 and beyond, keeping people connected on the go, as well as being used for home and office networks.
7) Cyber security
Since day one, the digital world has always presented cyber security risks. Because of the reliance we have on technology for our day-to-day lives, there are lots of companies that are devoting their time and efforts to improving their cyber security and offer a safer digital world for all.
As we progress through 2022, cyber security is expected to continue to evolve and develop as new technologies are introduced into our lives.
8) Clean technology
With the recent news of global warming, there is a huge incentive and subsequent drive towards removing fossil fuels from our daily lives, and instead, focusing on renewable energy. To make this happen, we require technological developments to be more accessible.
It can be expected that more companies will enter the clean technology space, offering a wider range of clean energy products in an attempt to reduce our reliance on fossil fuels. As this market grows and these companies continue to innovate, we can expect the prices to enter this market to continue to reduce, making it easier for consumers to invest.
How to make the most of these new technologies
The digital world is constantly evolving, and it can feel tough to keep up to date, both from an understanding and a financial perspective.
The best way to make the most of these developments is to try and keep yourself up to date. It’s easier than ever before for people to share information with the world, and it’s safe to expect to find some information online that gives you the information you need.
Always take your time to do your own research before making any investments into anything, and don’t be afraid of new technology – it’s only going to grow in our lives.