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15 Emerging Technologies That Are Changing the World
We are living in the Information Age, which means that we will have more access to and be able to use new technologies more often. It is estimated that within the next fifteen years, there will be at least five technologies available that will completely change how we do business. While many of these technologies are still at their early stages of development, there is one that is already changing the way that banking works. This article will take a look at one emerging technology that could completely change the way that money is transferred.
One interesting new technology is known as the Web Wallet
It allows people to trade financial instruments such as currencies, bonds, stocks, and options using the Internet. This eliminates the need for the individual to walk into a traditional bank or brokerage company and deal with a broker. All of the trades can be done from the comfort of your own computer.
Another interesting technology is known as the Universal Transaction Language (UTL). This is a language developed by Visa and MasterCard to allow consumers to purchase items online. The way this transaction works is rather simple – you make a purchase, and then pay through your credit card.
The last on our list is known as Telex. Telex is a system that is used to transfer payments between companies and individuals, and it would be incredibly difficult for a non-professional business to attempt to use this technology. Basically, Telex acts like an electronic cash register, and all that you have to do to initiate a transaction is provide a little information about your company. Telex does not transfer any money, however.
Last but not least on our list is called RFID. It stands for Radio Frequency Identification, and this technology aims to replace the use of signatures and checks with more modern and secure systems. As you probably know, signatures and checks are prone to errors, so this technology hopes to solve the problems that commonly come with them. In addition, the use of RFID saves time, which is something that all businesses want to save.
One other technology that has been making its way into the technology market is Webkinz. Webkinz is a game that is geared toward young children. It is similar to Nintendo’s Wii, but instead of playing games, children are able to interact with others through flash programming. This means that not only can the game be fun and educational, but it is also very interactive. In fact, many parents have found that they are now using Webkinz to teach their children basic skills and concepts that they would not normally learn in school.
Finally, we will discuss 3D printing technology
This technology is still fairly new to the public, but is quickly moving up in terms of popularity. 3D printing allows individuals to create items from clay using liquid vinyl resins, and then use those items to make prosthetic limbs, jewelry, and clothing. You might imagine that this type of technology could become popular in a large scale within the next few years. It certainly is one of the technologies that is on the rise, and it could soon become commonplace for individuals to produce prosthetics or jewelry in their own homes.
The list of emerging technologies is quite long, and the ones listed above are only a few of the many that are on their way to becoming commonplace in the future. Indeed, there is no telling how much these innovations will change the world. What is clear is that these innovations are changing the face of business and technology. In the future, we can only expect steady growth in this field.
