It's safe to say that the smartphone has taken over our lives. Majority of us now use smartphones to carry out small, simple tasks from waking up in the morning to ordering dinner. However, smartphones have not been given the credit they deserve. Thanks to the introduction of applications on mobile devices, we can now carry out a range of different tasks and functionalities. These include tracking our daily water intake, looking after our aquarium at home and measuring our heart rate. The smartphone has truly revolutionized the way we live and carries on doing so as apps get smarter, and the technology gets better.

Over the past 20 years, we have seen how innovation has transformed and has been able to generate disruptions in almost every industry. In almost all cases these changes came from actors outside the traditional environment. Wouldn't it have been logical to think that Airbnb was going to be created by Hilton, who had the greatest knowledge of the industry? Or that Instagram was going to be founded by Kodak?

The blockchain is ever-growing listicle structure of block records linked via cryptography. A blockchain is a distributed, decentralized digital ledger used extensively for recording transactions in many computers. The goal of doing this is to prevent alteration and manipulation in the subsequent blocks. With blockchain, you can write entries in the record of information, and plenty of users can control how the information record is changed or amended. 

The Internet of Things (IoT) is changing the working pattern institutional values of many industries and sectors. Service devices which are powered with artificial intelligence, machine learning and IoT gather information with each other, not only they can collect the information from the various sources. It can collect, store, record and analyze the data which can be further streamed with much faster speed. This becomes significant as the era of interesting possibilities within the various parameters of industries will occur. Cars that can be self-driven, self-maintained and can predict the schedule in a calculated report projected accountability user can hold.