What is a disruptive technology and how will it benefit you. It is all around us in our everyday life so how can you gain an advantage
Disruptive technology is a massive change
What is the meaning of disruptive technology? Disruptive technology is an innovation that significantly alters the way that consumers, industries, or businesses operate. A disruptive technology sweeps away the systems or habits it replaces because it has recognizably superior attributes.
Investopedia
In times past there are some great examples of disruption.
| Electricity | Without it, we would not have cities, etc. |
| Telephone | A contact medium beyond telegrams |
| Ford Cars | Mass assembly made it available for everyone |
| Sewerage | Even the Roman empire had it |
| Skyscrapers | Change to plot ratios |
| Aircraft | Props, Jets, supersonic. |
| Radio and TV | One followed the other and added color |
Blockchain is the latest Disruptive technology
Blockchain, the technology behind Bitcoin, is a decentralized distributed ledger that records transactions between two parties. It moves transactions from a centralized server-based system to a transparent cryptographic network. The technology uses peer-to-peer consensus to record and verify transactions, removing the need for manual verification.
Knowing about technology is one thing, however, doing something about it is an entirely different issue.
Recognition of the technology benefits takes a long time to enter the human sub-conscience and be accepted as a real change medium.
Why did Microsoft take 42 years to be a leading-edge company?
The computer world evolved quite slowly when compared to many modern operations that we shall look at. From MS-DOS to Windows in a world of software and operating systems they dominated all the markets and continue to do so with massive growth and turnover.
Now one of the biggest companies in the world their dominance went unnoticed by most people. To better represent the portfolio they changed their name to Portfolio.
Here you can see many years when the opportunity was available for anyone to buy shares and reap the long-term rewards.
Blockchain users will take the same growth style albeit in a much shorter time frame.
As we get used to technology change, growth is accelerated. For example, Facebook took just 9 years to become an IT company.
Therefore spotting the next ones can put you in the money.
What is a disruptive technology and how will it benefit you in the future.
Can we see the future disrupters' of technology
Yes, we can see the future if we look at what is developing that might make a radical change to how we do things.
Take for example AI ( artificial intelligence ) as an emerging trend. It is already impacting our lives and growing adoption.
Whilst we have robots that can now do many things they are not yet ready to take over the world.
Self-driving cars are the start of the journey. This is led by Tesla who will have Robo taxis working within the coming year however every new car on the market will have some sort of intelligent assistance.
Lane warnings, collision warnings. traffic alerts and all sorts of advantages are being added to the everyday vehicle.
Think about:
- Health Care
- Shopping
- Web searching
- Digital assistants
- Smart Homes
- Security
These all have a degree of AI in their pedigree and are growing fast.
Many industries are developing software, hardware, and chips to support the growth and will be the early movers in rapid growth. Now is the time to look.
Green Hydrogen will find a place in transport and industry
This industry is still in its infancy and a lot of development needs to take place to make it an acceptable commercial enterprise.
It will however supply power to massive factories, run in cars, heavy transport, and even planes before very long.
Green Hydrogen is made from electricity and water thus it is pollution-free to the environment.
What is a disruptive technology and how will it benefit you by investing in the Crypto market?
Bitcoin and associated Altcoins are in full flight
Bitcoin is the dominant market player valued at around 50% of the total market cap.
Everything else is called altcoins and all nine odd thousand of them hold a market position.
They are currently revolutionizing the banking industry and any business that has some form of peer-to-peer transfer. Hardly a process will remain untouched by some form of Altcoin.
Like any industry, they are usually driven by early adopters and then followed by the masses.
However, not all of them conform to the benchmarks expected, and some border on fraud.
Why would you invest in Bitcoin?
The crypto market is a disruptive business
Bitcoin is changing investment, banking, Currencies, exchanges, Fiat, inflation, and many other day-to-day operations.
Altcoins are taking any document handling to an entirely new level and cost structure that will touch the lives of everyone in everyday operations.
What is a disruptive technology and how will it benefit you by driving a battery car.
The EV (Electric Vehicle)market is exploding
The very first Tesla rolled out in 2008 however it was not until the release of the Tesla 3 in 2017 that we saw a change. Now every car manufacturer in the world has an EV or will roll one out shortly. Within the next decade, the old Petrol engine will be a collector's item.
Elon Musk was ridiculed for believing people would move away from the gas guzzlers to the more socially acceptable pollution-free transport. However, the industry could not ignore him as his strength and sales volume grew faster than anyone else.
Tesla is built on Technological change that required a completely different approach to transport.
The Battery industry had to change and importantly grow substantially to meet the new demands of much higher power output.
Software and chipset development was fast-tracked to keep up with the pace of development and still lags in the supply chains.
Not since Henry Ford has there been changes to basic car manufacturing however the whole vehicle industry is trying to catch up to new technology. Tesla now presses the complete chassis in one piece and can build a car at twice the speed, and a lot cheaper than its nearest rival VW.
Green energy has grown to meet the demands of climate control
While many governments have been slow on this, the industry has taken hold. Solar panels are now used not only on house roofs but in large farms to supply high-capacity electricity to large areas.
Wind Farms, Wave Power, Geothermal, Hydroelectric, and battery farms are all contributing to supply.
Interestingly
Coal-fired electricity stations will be a thing of the past and even Gas over time. The advance in renewable resources will bring massive change to our lives.
Renewable energy sources make up 26% of the world’s electricity today, but according to the International Energy Agency (IEA) its share is expected to reach 30% by 2024. “This is a pivotal time for renewable energy,” said the IEA’s executive director, Fatih Birol.
Energy Sources
The easiest place to take advantage of early growth
Without digging too deep into emerging technologies you can not go past the Crypto market.
- Bitcoin
- Etherium
- Solana
- Cardano
- Chain link
These are the top-tier coins that will lead the market into the future. Finding gold nuggets in the depths of the market will be difficult and probably fraught with some danger.
Conclusion
This is an important subject that most will ignore and a small few will generate wealth by being InTouch and taking action. Which one will you be?
Yes, the Crypto market is a bumpy road because nothing can continue to rise forever, however market forces will bring highs and lows that will generally grow over the year and into the future.
We ignored Amazon as a fad, Apple was a phone maker and we could not see how Google could ever make money. We were all wrong.
In 2018 I looked at Bitcoin and thought the $4000 price was absurd and would fall through the cracks in the floor. This was a massive mistake by me who eventually bought at $30,000.
I am looking to the future with a million-dollar bitcoin, could I be right?
What is disruptive technology and how will it benefit you by Peter Hanley
Technology keeps evolving around the world. What we know now, might be old tomorrow. That is how quick technology is evolving. Thus, a person must never say another person’s idea is not possible. As it has been proven over and over again that things that look impossible, can be made possible. Do you know how I can start in crypto currencies safetly as a beginner?
Thanks Bernard, the advise given to me is to have a bitcoin holding at 50% and the other in Etherium and Solana.
wait for a dip on the weekends and you will be quite safe, then sit and watch for 12 months and enjoy the ride as it bumps along forever upward.
Peter H
Hey,
In fact, with your website you make it clear that technology does not stand still and is constantly developing. Most people wonder where this will end but don’t realize they are already working with that technology today.
Just think of electricity and multimedia: things that have been around for a long time but will now be swept away by a new wave of techniques (disruptive technology).
The world does not stand still and your website makes people think about it and take a moment to think about it.
In the development of these technologies, one will have to take into account the current climate problems and that is why I think that a lot will be invested there… You already mentioned it: producing “green” cars, etc…
Beautiful, interesting site!
Thanks Peter and yes you are correct an interesting time ahead.
Peter H