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Wednesday, 31 July 2019

The Fourth Industrial Revolution

The Fourth Industrial Revolution

At the end of the eighteenth century, the world's first industrial revolution was heard when steam-powered machines were introduced in place of hand-made workers in garment factories. Instead of small factories, the word for faculty came into being.

The Fourth Industrial Revolution

This machine system in garment factories has led to widespread economic and social changes in Britain, and these changes were first called the Industrial Revolution. The textile, iron and coal industries also set new milestones in the development of machining. The first industrial revolution that emerged from Britain soon engulfed Europe and the United States.


First Industrial Revolution

The historians divided the industrial revolution into two parts, from the middle of the eighteenth century until the 1830's, the first industrial revolution was named, limited to Britain only. The second industrial revolution began when Henry Ford introduced a dynamic assembly line for mass production.

Second Industrial Revolution

The Second Industrial Revolution stretches from the mid-nineteenth century to the beginning of the twentieth century, with Europe, South America, and Japan playing an important role. This second industrial revolution has taken over other regions of the world. The first industrial revolution was confined to steam-powered factories, while the second industrial revolution was used to increase the manufacturing and production of science using science. These two industrial revolutions made the people more urban and wealthy.

Third Industrial Revolution

The third industrial revolution begins with digitization , the performance and capabilities of metal machines will be further improved and improved with the help of digital devices, now the world is geared towards the fourth industrial revolution.

Fourth Industrial Revolution

Featuring artificial intelligence, changes in genes, augmented reality, virtual reality, robotics, 3D printing and other advanced technologies of this nature. But one of the technologies needed for the Fourth Industrial Revolution is being overlooked badly, especially in developing countries around the world. To learn about this technology, we must first understand the currency system, because the world learned about this technology only after the evolution of a digital currency.

Since ancient times, grains, salt, saffron and other spices have been used as a currency for transactions. A thousand years ago, China began to use bronze as the first regular currency in the world, coining China. Gold, silver and other precious metals were used for centuries for money transactions to legalize currency and keep its value consistent. In the seventeenth century, Chinese civilization's "tight" traders began to make paper-made currency to relieve the burden of coins and in the beginning of the eleventh century, Chinese-made currency for the first time in "Song". Started using. In the thirteenth century, paper currency was introduced in Europe thanks to Marco Polo and William Ruber.

Marco Polo, in his book "The Travels of Marco Polo", mentions the U.K. Empire, "These people use money as a bargain-based piece of paper made of tree bark in their country. Over time, the shape and quality of paper notes improved and subsequently introduced credit cards, which were named plastic currency. After the advent of the Internet, "e-currency" was introduced to make money transactions, which made it more convenient for consumers to shop on the Internet. But ten years ago, on January 3, 2009, an invisible currency that had been missing for a few years appeared, but in the past five years, the currency has caused a stir in the financial system around the world. Currency has reached its peak.

The Fourth Industrial Revolution

In terms of value, this currency has surpassed most of the world's most expensive currencies, including gold, diamonds and diamonds. One coin worth the world's first crypto currency, Bitcoin, reached the highest level of $ 21,000 a few years ago. And even today, the value of a bit of coin is equal to ten and a half thousand US dollars. Within a few years, the record rise in the value of the currency has forced the economists of the new world to sit on their heads.


CryptoCurrency - Fourth Industrial Revolution

Today, most people in developing and developed countries are known by the name of cryptocurrency 'bitcoin', but most people with this complex system blockchain driven by the currency that challenges the financial system around the world. Unaware of which, as a result of blockchain, bitcoin and other cryptocurrencies increase security, stability and breadth. The common denominator, the majority of the people involved in cryptocurrency transactions also consider this infinite technology 'block chain' as a part of the crypto currency, while the crypto currency is just an application of the block chain system. The breadth of blockchain systems can be gauged from the fact that this technology is used worldwide for Asset Management, Insurance, Cross-border Payments, Smartphones, Internet of Things (IoT), Smart Appliances, Supply Chain Sensors, Healthcare. Is working to prevent and protect the misuse of identity documents such as music, government agencies, community-based activities, births, marriages, death certificates, passports.

Cryptocurrency - The fourth Industrial Revolution

Satoshi

Satoshi Satoshi Nakamoto heads to introduce this technology to the world with the combined efforts of powerful computers, mathematical keys and technology experts.

Bitcoin - Fourth Industrial Revolution

In January 2009, Nakamoto implemented the BitCoin software as an 'open source code'. On January 3, 2009, BitCoin Network created the first 'Block China' mowing. At the end of 2010, Satoshi revealed more details. Abandoned this project, but added several to its email list. Block Chain Developers Work on BitCoin Project Satoshi Gum's name caused many people to have unreasonable reservations, and many of them were related to misunderstandings about BitCoin's "open source" structure. Now the BitCoin protocol and software is out in the open, and any developer in the world can review this code and create a new version of their modified BitCoin software, just like existing developers, the impact of the changes on these changes. Was very limited, acquired by others, and Satoshi couldn't control it.

Nakamoto's block chain system - Fourth Industrial Revolution

One of the unique things about Nakamoto's block chain system is that no one owns it, nor does anyone claim to own the technology that works in the background of this email. Its users around the world control it, while the developers can improve the software, but they cannot modify its protocol, as each user has to use their own custom software and version. There is complete freedom to do so. All users need to use software that meets the same principles to be compatible with one another. An application made from block chain works just fine when there is complete compatibility between all users. This is why all users and developers work hard to protect this compatibility. The report details conversations with 'Block China Advisory Board, IIB Council' board member of Singapore and co-founder and division director of 'Block China Forum of Pakistan', Mohammad Hassan Khan, about the past, present and future of blockchain technology. Has been added.

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