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Event date: 21st September 2024.
source
date: 2024-07-26 12:46:28
duration: 00:00:55
author: UCHIY6T8-8pw1doCoMIyt51w
Top 5 Emerging Technologies in 2024:
According to a recent transcript, the top 5 emerging technologies in 2024 are expected to be:
- Analytics: With the rapid growth of data, analytics will play a crucial role in extracting insights and making informed decisions. Expect to see advancements in machine learning and artificial intelligence to make analytics more efficient.
- Blockchain: Blockchain technology will continue to grow in significance, particularly in the financial sector, with its potential to secure and streamline transactions.
- Big Data and Analytics: As the volume of data continues to increase, the need for efficient analytics will become more pressing. Experts predict that big data and analytics will be crucial in driving business decisions.
- CLE Tech: CLE Tech stands for Connected Learning Environment Technology, and it’s expected to revolutionize the way we learn and interact with digital content.
- IoT (Internet of Things): The IoT will continue to grow, with more devices becoming connected, creating new opportunities for innovation and disruption in various industries.
Interesting DeFi (Decentralized Finance) Facts:
Did you know that DeFi is not just limited to cryptocurrency? It’s a broad term that encompasses financial systems and institutions built on blockchain technology, offering decentralization, transparency, and security.
Some fascinating DeFi facts include:
- Decentralized lending platforms have grown by 500% in the past year, with borrowers accessing loans without traditional credit checks.
- DeFi investors can earn yields of up to 20% per annum on their deposits, compared to traditional banking interest rates of around 2%.
- The total value locked (TVL) in DeFi protocols has surpassed $10 billion, indicating a significant shift towards decentralized financial systems.
These emerging technologies and DeFi facts highlight the exciting developments in the tech and finance sectors. As we move into 2024, it will be fascinating to see how these trends continue to unfold and shape our digital future.
