We are all hopelessly addicted to the Internet, although many of us refuse to accept that, like it or not, it is a fact. Most people would be lost if the web went down, which highlights how much we rely on the information highway.
Here are a few ways that the Internet has developed in the past few years.
- Web3.0 – As you would expect, the web has been constantly being developed by top software engineers; web platforms regularly undergo a web3 security audit to ensure top security, and hackers are finding it more difficult to penetrate cyber-defenses, thanks to bank-grade cyber-protection. Development is always ongoing, so we can expect to see the launch of web4.0 in the near future.
- Voice over Internet Protocol – Also known as Internet telephony, VoIP solutions offer real-time video calls anywhere on the planet, which is much cheaper than regular telecom calls offered by cellphone providers. Zoom offers some fantastic business packages for US companies, and if you are not currently using VoIP technology, you should investigate immediately and start saving money today!
- Blockchain technology – Bitcoin and other digital currencies run on the blockchain, which is an open-ledger database that does not require a central controller. One of the major advantages of blockchain technology is the fact that it is immutable and cannot be hacked in any way. Many US companies run blockchains, and they host smart contracts that are executable when preconditions are met. Once a smart contract has been audited, it is good to go and will last as long as it is required!
- Financial transactions & loans – Today’s level of financial transactions far outweighs those of a few years ago; companies such as Wise, Revolut, and PayPal all offer fast and inexpensive fund transfers all over the world. The days of waiting a week for your bank to consider your loan application are long gone; when you approach an online lender, you get an answer within minutes, and they don’t need to see much in the way of documentation. Interest rates are very competitive, and the lender is happy to design the loan package to suit your lifestyle.
- Mobile devices – There was once a time when if you wanted to access the web, you would need a desktop PC or a laptop, yet today, billions of web users are smartphone owners, while tablet use is also growing exponentially. When building a website, it is crucial that you make the platform all-device compatible; otherwise, many users will not be able to access the site. Mobile devices are getting smaller and more powerful, with high-resolution screens and enhanced battery power.
The Internet has drastically changed since its inception in the 1990s; we are currently using Web 3.0, and the next generation is already close to being ready. Enhanced cybersecurity has enabled digital money transfers, making this an exciting time to be alive.
