Answer to Question #165226 in Economics for Austin

Question #165226

How can I advice the Deloitte company on new technologies that should be adopted.


1
Expert's answer
2021-02-22T14:02:08-0500

Blockchain: Democratizing Trust


The digital format of interaction has become the standard for the world economy, but at the same time we are still dependent on hereditary centralization, which requires additional confirmation of transactions, includes ineffective elements of supervision, management, and certification. Blockchain is a distributed ledger for creating smart contracts that offer a new format for communication between contractors, a new approach to asset management, a customer loyalty system, medical electronic cards, cross-border payments, and so on.


Augmented and virtual reality comes to the world


The future of the mobile world is moving into the format of wearable devices and a new interaction interface: virtual and augmented reality. Opportunities that were recently described only in SciFi novels (science fiction) are coming to the world of modern business to fundamentally reshape the principles of interaction between people.


Internet of things: from test to reality

The real value of the Internet of Things does not lie in sensors that will allow virtually any consumer device to connect to the network to interact with digital services, not in new technology that will gain access to the network, but in disruptive potential and rethinking the traditional format of business processes.


The social impact of exponential technology


The social component of such areas as bioinformatics, quantum computers, neuro medicines, 3D printing, rotobotechnics, drones, and much more will be huge. These directions will change not only the corporate world and industry but will also have a direct impact on each of us.


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