Column – It’s (sometimes) fun to to Bitcoin (BTC), and it is to be seen as a commodity to your portfolio. You can also go to bitcoin look at it as a ‘new ‘ monetary currency’.
In this article, we take a step in a broader perspective: crypto and the blockchain as a building block for a new revolution.
By looking at the past, we can have a view and expectation to build for the future. Because design studies are at an earlier innovation.
To put it simply: by the electricity and we were able to have computers, and with computers we have the blockchains.
There are a number of different developments have been revolutionary for their time. The wheel and the compass, made sure that the world is bigger than one’s own village.
And, in today’s world, we have such an innovative feat in technology. The breakthroughs over the years on the back.
There are several technology trends that have been in the past few hundred years. They made each one for its own era, to developments in the market.
Contents
The industrial revolution
In the mid-18th century, it looked a lot better with this world. This is as a result of the fact that sum of the two sources of energy use would be in steam, and coal.
It was also the impetus for the initial industrial development. Steam engines allowed for the development of machines for the metal, textile and other commodities to be processed.
In this century it has been the basis for mass production was laid. This has resulted in a much wider market for the supply of any type of product could be increased tenfold.
The society is changing. It was given a wider scope, and we left the rural countryside to the cities.
The technological revolution
Around the first world war, and in 1870, came, all of a sudden starts a new revolution with the technology revolution.
The developments made for the fact that there are two types of energy use, electricity and oil.
As a result, the infrastructure all over the world, are optimized. The production and the construction of the railroad began, and it was building ships for the oceans to be cross.
The scope of the society was greatly increased. Fuel and electricity is accounted for in a subsequent revolution.
In essence, the developed society, a lot of infrastructure for the transport of goods that are mass-produced.
The markets have started to really open up, and because transportation is faster and the production is many times less expensive.
The world-wide communication was also one of the steps. With the advent of the telephone and the radio came on in the early years of the 20th century, the rapid dissemination of information, news, and literature.
People from all over the world, came into contact with each other while the other one does not even need to visit.
The digital revolution
The revolution, which is here followed, is, as the digital revolution. Starting in 1950, the belgians in the world, slowly, from analog to digital. Mechanical movements have been less and less common, and the computers were faster.
With the invention of the satellite, and the internet, and even faster transmission of information. At the end of the last century is in the digital architecture is created that allows us to have a fast way of data transmission.
It is also referred to as “the age of information”. Semi-conductors, microprocessors and computer chips have proved themselves to Moore’s Law to hold.
Smartphone withdrawal into the pocket of your pants, and the television set has become an integral part of the family. The information in these third-world and seem to come to you.
The fourth one (local) revolution
The third revolution seems to be at an end and a new era seems to be set up. What are the key features of this revolution.
It seems like it’s all in the character of the data and the intelligence.
Data will be collected, processed, analyzed, and the patterns are removed. While the third revolution of the information out to the citizens released, you will reach a point where that information has a meaning even beyond that.
The scope of the us as the millennials, is still increasing. The world is at our feet, and all the loose ends (of information) together, for an easy life.
The world’s largest enterprises are businesses that are data and model have to have. Facebook, Amazon, and Google can’t live without their data.
They don’t sell physical products (such as that in the first revolution of the story), but they will only work with the data.
Bitcoin is one small application for the cryptography, and one giant revolution for the world.
— R (@Rhythmtrader September 23, 2019
With our new revolutionary world
A pattern for the last few years we are slowly seeing emerge is that the data are linked to each other to be. The Internet of Things (IOT).
Companies want to get the data in a very efficient way to communicate with each other in order to achieve better performance and insights. The Distributed Ledger Technology (DLT).
We think it’s suddenly very important that this data is stored. Bank.
Also, it is closer to a requirement that the information can be transmitted without the intervention of any third party. The Peer-to-peer networks.
The information should be affordable and accessible to everyone. Blockchain. Information, in itself, should be going to be better and smarter. Artificial Intelligence (AI).
We need to sum the data secure and trustless be able to transfer to any other person. Smart Contracts.
Payments must be for the whole world to be as seamless as sending an e-mail. Bitcoin.
If possible, have this data (or a fee) will be made without the intervention of a major power. The decentralization. We tie all of the different kinds of streams of data to each other. Together.
THE REVOLUTION WILL BE DIGITIZED ?
Pump ? (@APompliano) On September 11, 2019
The conclusion is that you should be able to come to is that we now have protocols to see that these streams of data need to process. We have been using the http(s) traffic and SMTP for e-mails.
What is the new protocol, to make the world a hyperconnecten? What are the blockchain, AI,. DLT, smart contracts, and / or protocol layer, the new standard will be used?
The Data and information is more important now than ever before. What are the blockchain, and what is the cryptoproject is the best at it?
You can share your vision of the next revolution in our telegram chat.
Inspiration: Altcoinmagazine
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