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Audio-video technology continues to explode and in turn, virtual reality and augmented reality technology are two of the hottest commodities in the technology field. While most people are familiar with the concept of virtual reality, many don’t understand augmented reality, the difference between the two, or how the small players are impacting the industry and increasing the importance of patents moving forward.
Along with blockchain and the Internet of Things, virtual reality is in the top three technologies changing our world. While we’re still seeing advancements for all of these, VR seems to have the fastest growth in various industries. With VR being used in everything from retail to sports, it’s not unnoticed the technology behind this needs as much protection as possible.
If you keep up on what’s going on in technology and cryptocurrency in particular, you’ve heard a lot about blockchain. It’s the technology backbone to how cryptocurrencies like bitcoin get sent from one place to the next. However, blockchain is about to explode into a game-changing technology across countless industries.
It may be hard to believe, but Bitcoin, the first viable application of blockchain technology, is less than a decade old. The vast financial potential of Bitcoin, cryptocurrency, blockchain and distributed ledgers are driving many companies to become experts in the new field with incredible speed.
There is no market more in need of disruption than the traditional financial industry, and the next generation of FinTech companies appear to have an open field in redefining the new normal. FinTech financing has exploded by 700 percent over the past three yearsand the market is now worth more than $20 billion, far outstripping projections by analysts.