As the years pass, the world is becoming more and more integrated with the digital landscape. Technology has become an inescapable part of our daily lives, and looks like it’ll stay that way for a while to come. The Philippines in particular has its own digital culture, recently outdoing Thailand to become the country that spends the longest time on the internet. With the country slowly taking steps to move further into the digital age, here are a few of the technologies you can be sure will show up more often in the future.
From immigration at the airport to jobs, automation has become the new frontier for many countries. The Philippines is slowly catching up, and with the whole world on the cusp of the Fourth Industrial Revolution, as it’s called, the field of automation is definitely one to watch out for. The question now is not whether or not it will happen, but to what degree. In fact, automation has become such a hot topic of discussion that ASEAN leaders recently met to promote inclusive human capital development, as more and more economies anticipate the shifts that will be brought about in by the field.
Augmented Reality and Virtual Reality
Augmented reality (AR) and virtual reality (VR) may seem like ideas of the future, but they’re actually very much here in the present. VR in particular has seen more and more popularity in games and consoles, but the technology isn’t far from breaking out into the mainstream. The International Committee of the Red Cross (ICRC) recently developed a virtual reality game that will enable officers and respondents to train for disaster situations using different simulated scenarios and factors. This illustrates only one of a myriad of different potentials for VR tech, which could be coming to the Philippines sooner rather than later.
Concerns over security in the digital age are particularly timely, as it’s been only a few short years since the USD 81 million Bangladesh Bank heist. To continue to strengthen the bank against cybersecurity breaches of this caliber and similar, the Bangko Sentral ng Pilipinas (BSP) has ordered its supervised financial institutions to participate in a cybersecurity sharing platform. As digitization becomes more and more prevalent, both institutions and individuals will be paying particular attention to security and privacy in the digital realm.
While blockchain technology may have been popularized by the rise of the Bitcoin and other cryptocurrencies, the technology itself has several different applications in other fields. Daydreaming in Paradise has published a detailed report on blockchain technology in the Philippines that can serve as a helpful introduction to the technology and its potential in the country. With Facebook recently announcing its new cryptocurrency Libra, blockchain tech is a hot topic, and readers can be sure more applications will surface in the future.