CAT Scan, MRI, Ultra Sound Scan, Doppler have in the recent past changed both the speed and accuracy of curative and palliative care. In the next few years, blockchain will be the digital backbone of our existence. Thus for the first time, the world is faced with a demographic dilemma. Cryptocurrency Bitcoin was the first to popularize blockchain but even in 2019, it is a bit unconventional to find mass acceptance.
One of the fundamental principles of anything which is shared is trust.0 as the overlay of our digital universe. Depending on your viewing pattern content is served (and suggested) for you to read, listen or watch. Its a shared ledger that transparently records every transaction in real-time. Blockchain is now used in social networks, banking, e-commerce, governance, Industry, security, trade, taxation, storage platforms, Intellectual Property Protection (IPR), education, content production, and distribution. By 2025 we should usher in Web 4. Almost any service can be used anywhere in the world using a particular API and this infrastructure is cheap and convenient.
Commercial electricity, automobiles, aircraft, refrigeration, radar, sound recording, radio, film, television, x-rays, rayon, aspirin, antibiotics, organ transplants, transistors, microchips, nuclear power, spaceflights, genetic engineering, ATMs, credit cards, mobile phone, computers, robotics Internet and the whole gamut of digital services, around which our lives revolve all in the course of a few decades altered our human society. This next development of the Internet will create services that will be autonomous, proactive, self-learning, collaborative and safe and secure, interacting with sensors and implants, natural-language services, or virtual reality. The next iteration of all such familiar services will be smarter, effective and personal. Since each block of data is secured and bound to each other using cryptography it is entirely trustworthy. In simple terms, it means self-driving cars, remote diagnostics, and surgery, instant accounting, virtual reality in films and gaming, curated content and commerce, voice-activated devices and services, virtual assistants, digital concierge, and smart homes and offices. While most are familiar with JAM, India Stack is less known. In a way similar to how Wikipedia is built where anyone can identify herself and participate in creating a shared resource, a blockchain, too, is just an immutable of record of data that is managed by cluster (or more) of computers and every bit of this data is simultaneously visible to all who are a part of the particular blockchain. In the coming years, not only smartphones but other inexpensive wearables will allow almost anyone to monitor body functions. There are concerns about privacy and data theft which I will tackle later in this article. Since the turn of the millennium, we have already discarded some of the things which came into existence in our childhood. Much of the tedium and often dangerous work will be tackled by AI-assisted service providers and devices. Newer models of cars have AI embedded in their navigation system. Vaccines for diseases like smallpox, measles, rotavirus, polio, yellow fever, rabies, hepatitis, HIV to common ailments like influenza and pneumonia are saving millions of lives every year. In India for example blockchain in the years to come will allow instant polling in a fully transparent manner eliminating a lot of costs and political bickering.The most obvious change in the next decade will still be in the digital domain.Sine 2015-16 we are using Web 3. What will come in the next 10 years will supersede a lot of what came in fifty years earlier, including some products and services we consider au courant and new age today.In the last 50 years owing to advances in science and technology-enabled healthcare humans are living longer.
In a networked society that is increasingly based on a transactional economy or shared information, it is imperative that this trust is not only apparent but is inbuilt in the architecture of all contracts, monetary or otherwise. The role of JAM (Jandhan Bank Account, Aadhar, and Mobile) along with India stack is what will enable the big leap forward in India-similar initiatives at different scales elsewhere too. Internet of Things (IoT) is dependent on blockchain as is autonomous mobility.
A computer or any other device with a microchip to process data acquires an ability to respond to certain actions and behavior through the use of algorithms in a manner the user would have in a similar situation. Today and in future blockchain provides trust and transparency. A set of PET injection molding machine Manufacturers API (application programming interface)s that allows governments, businesses, start-ups, shop keepers, merchants and traders and soon farmers to utilize a unique digital Infrastructure to solve Indias hard problems. Digital technology is now routinely used for diagnostics. How to take care of an increased number of geriatrics even as it grapples to treat millions of people suffering from various small and terminal ailments. Initially championed by Nandan Nilekani India Stacks is going to be a force multiplier in our lives tomorrow. We already see AI being used in several home appliances or even websites like Google, Facebook, Amazon, and online news services. Blockchain ensures flawless data analytics and transparency in every transaction. After hundreds of years of social, economic and political change, technology was the harbinger of a complete transformation. There have been substantial breakthroughs in medicine. The speed of change has only increased.
While it may seem that we are already submerged in a sea of devices and media constantly glaring at us through various screens.For the first time, human life changed significantly in the 20th century after several centuries of incremental progress.0. Smart homes and cities which for example Prime Minister Modi keeps talking about are not some Utopian dreams but tomorrows reality. With faster and more powerful microchips AI (Artificial Intelligence) will be the framework of tomorrows mindscape. E-commerce shared services and AI are creating a new ecosystem of 24&7 engagement and consumption. From utility bills to land records, banking to governance all enabled seamlessly. In the years to come most of our mundane and routine tasks will be done by machines, often very inexpensive and omnipresent. What exactly is AI? Simply put AI is the use of massive amounts of data that is processed through machine learning to mimic human intelligence. This truly empowering technology is the creation of a unified software platform that brings a billion-plus Indians into the digital age. This is a Semantic web that incorporates Big Data, Artificial Intelligence, Data Mining, Natural Language Search and Machine Learning technologies, Social Media, Internet of Things (IoT) and other customized online services including social media and streaming services
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