Modern technology has greatly aided the general population in all walks of life. Some newer pieces of technology are starting to play a major role in modern life, both in personal and business markets. This article will explain why three pieces of technology, in the form of artificial intelligence, blockchain and 3D printing.

Artificial Intelligence

Artificial intelligence is one of the most exciting pieces of technology that is playing a part in modern society. You may even have some artificial intelligence in the room with you know. They come in many varieties, for both personal use and business use.

For personal use, you may use artificial technology to help plan and organize your day. You could use this smart, automated technology to wake you up, tell you what you’ve planned for the day, and even suggest who you should contact.

This blends slightly into business use, but there are business applications for artificial intelligence, which allows them to play a major part. Most notably, these come in the form of AI chatbots. AI chatbots have become quite important to the customer service industry, as they can help guide customers to the answers and services they need via a messaging platform. They essentially save employees time and can help everyone to get assistance quickly.

Blockchain

It’s likely that over the last few years, you would have heard more about blockchain technology through its cryptocurrency uses. Thanks to the blockchain, we now have cryptocurrencies such as Bitcoin. The simple definition of the blockchain is a decentralized ledger of transactions. This happens across a peer-to-peer network and serves many purposes.

Thanks to the blockchain, there are now many ways for you to buy bitcoin. You can use peer-to-peer marketplaces, such as Paxful. This is the best way to buy Bitcoin as it allows you to know who you’re buying from and where they are based and find the best rate for yourself. Purchasing and selling through established crypto markets is a safe way to trade.

As you can imagine, this has led to more businesses and individuals looking into blockchain technology. This is a favorable piece of technology that will grow in popularity over the next few years since those involved can confirm transactions without a need for a central clearing authority.

3D Printing

Another piece of technology that is growing in popularity comes in the form of 3D printing. Most people don’t entirely understand how this technology works, but they do understand how useful it can be.

You can think of a 3D printer much like an inkjet printer, just one that builds up a 3D model one layer at a time. It will start off from the bottom and move upwards, repeatedly printing over the same area. This method is known as fused depositional modeling, also known as FDM.

We are seeing 3D printing used for many different forms. 3D printing can be used to quickly create product prototypes and models. In some cases, development companies may use 3D models to make products or materials they need for construction purposes. In all honestly, you can almost make anything with 3D technology, and you will notice that this technology will get used more in the future.