In this day and age, the world of business is heavily reliant on technology for success. However, with the rapid pace the latter is advancing at, there are only a few sectors that are leading the charge by staying continuously up to date with the latest tech trends. So, make sure to keep reading if you’re curious to learn about these industries.
- Online Casinos
If you’re a player, you won’t be surprised to find online casinos on our list. However, for those who are less well-versed in the field in question, we’re happy to give you a brief explanation prior to discussing the major advancements it has implemented.
Online casinos are platforms that allow users to access a wide variety of games, from slots to table games like poker. Apart from being able to play at any time of the day, they can use whichever compatible device they want to play on, ranging from PCs to smartphones.
Also, players have the option to access a casino welcome bonus amongst other promotions. To clarify, the welcome bonus is targeted at new users, and it’s a match bonus of 250% up to $1500. However, if they fund their account using crypto, this goes up to 350% reaching a mind-boggling up to $2500 match bonus.
This leads us to the first advancement we’ll discuss, cryptocurrencies. This digital currency has been making waves all around the world, but it turned from just a fad to an actual payment system used by different companies and fields, including this one. Typically, users can expect faster transactions with lower fees, since the blockchain is decentralized.
Then, we have to mention the rise in streaming. Multiple games are now available to play with a live human host, which you can hear and see thanks to the live audio and video feeds. This adds to the immersion levels while also adding a more social aspect to the genre.
Speaking of immersivity, it is now standard to expect hyper-realistic graphics and sounds. However, this wouldn’t be possible if it weren’t for the advancements in 3D design and the adoption of ray tracing amongst others.
Even if you have never gambled online, you might have noticed its impact elsewhere. For instance, there are cocktails out there that are inspired by online slots, such as the Blue Mermaid Lagoon and Fruit Splash Aperol Spritz. These creative concoctions not only mimic the vibrant colors and themes of popular slot games but also capture their essence in flavor profiles. This trend of slot-inspired mixology serves as further proof of the sector’s popularity and global acclaim.
- Social Media Platforms
When we think of social media, most of us don’t even consider all of the technological advancements behind the features we use and simply accept it as is. But even the filters that are often dismissed as silly are incredibly complex and realistic. Sometimes, one can’t even tell the difference between reality and technology, which isn’t always a positive.
A major aspect implemented by the most successful platforms is AI-driven algorithms. Not everyone puts enough emphasis on how important having a functional algorithm is.
We can take a look at TikTok, the platform du jour, which rose to prominence thanks to a variety of factors, including its incredibly personalized for-you page algorithm. After spending just a little bit of time scrolling through the videos, you’ll find that it can accurately predict which videos you like and send them your way.
Live streaming is also highly popular on social media platforms, allowing people to connect more deeply with both friends and strangers. Here, we can take a look at Twitch, a video live-streaming service. While not everyone would consider it a social media platform, it is a platform where gaming and pop culture meets social media.
Finally, the latest advancement slowly implemented into mainstream social media platforms is VR and AR technology. The most notorious example can be found in the metaverse, Second Life. Here people can create an avatar and don a VR headset to socialize with other users.
- Finance and Banking
The last industry we’ll take a look at is finance and banking, where the rise of smartphones has heavily influenced it. Nowadays, most people have easy access to their accounts through mobile apps, meaning that they’re no longer limited to commuting to the nearest available branch for simple requests. In fact, there are some banks that don’t even have a physical presence.
One of the most innovative examples here is Revolut, a global neobank and fintech company. Users can easily install this app to their phones and following brief but comprehensive checks, open a proper banking account. The features available are comparable, and at times better, than those found in traditional banks.
Customer service in this industry has been notoriously difficult to access. But, through the implementation of AI chats, people can get most of their inquiries and issues solved in moments 24/7. But this doesn’t mean that live agents are no longer needed, simply that they can focus on more complex tasks when necessary.
Conclusion
It seems that business and technology will continue to be heavily intertwined as time goes on, with the former having to constantly adapt to the changes brought forth by the latter. Luckily, we are blessed with the aforementioned sectors who somehow always manage to stay ahead of the curve, allowing us consumers to get the best service possible.
