The Trend IS
By Stewart Townsend
A podcast for those that want to know about what's happening tomorrow, today!
The Trend ISAug 15, 2021
Week in Focus NFT’s – WC 2nd August
Whenever we hear the word NFTs, what comes to mind is blockchain technology and rightly so, NFTs which stands for Non-fungible tokens has their success and overall validity is built on the Ethereum blockchain technology acts as a ledger for a digital asset and acts to track the specific parts of that data.
NFTs became particularly prominent with the emergence of the COVID-19 pandemic, everybody is trying to provide a platform to survive and NFTs do just that with how it helps individuals place value on special physical assets like artworks, music, video clips, and so on as well as physical objects. NFTs since their emergence and especially its success have certainly divided attention as some people see it as a huge success that’ll surely be around for a while meanwhile, some see it as just brief success. Either way, it is surely a concept worth considering.
In this article, we try to explore the Nonfungible token space and bring our readers up to speed about what it entails. We cover the following as it relates to alternative assets;
- NFTs supporting the meme set up for longevity as an art form
- Social Tokens – Bridging gaps between creators and consumers while providing financial incentives.
- NFTs Slowing Down – A Mere Facade? and
- Exploring more ways to utilize the flexible NFT space through the invigorated NFT Avatars
Find out more at https://thetrend.is/wc-2nd-august-nft-update/
Week in Focus Global Trends- WC 19th July
This article aims to bring a roundup of important news to note as it relates to technology. From artificial intelligence beginning to take a bigger role in our society to advanced ways to track health problems and reduce emergency situations, we round up all news that is news in short, comprehensible terms. If you’re ready to join us in this interesting session, let’s dive right in!
Find out more weekly updates at www.thetrend.is
Data as a Service: A data bank to serve the ever-evolving world
Before 2015, you’ll probably wonder what DaaS is, but with the increasing development that has met bandwidth and cloud-based software, it is gradually becoming a household name.
Data as a Service (DaaS) is one of the products of “as a service” technology and it is powered by Software as a Service.
The reasoning behind the introduction of Daas is that important data and information about a particular niche could be provided when needed and being stored in a central location, This sort of data is hence provided as a product.
To get into the groove as to what DaaS actually is and what it provides, it is important that we understand the reasons for the inclusion of this software service in businesses and corporations.
Non-Fungible Tokens – The latest decentralized phenomenon to hit the digital market
Sales of NFTs on Tuesday 23rd February 2021 reached $60 million dollars which is higher than the total sales of tokens recorded in the whole of 2020. This development surely did not happen overnight as it provides a method with which artists, musicians, or sports entities are able to make money from their contents by designating an official copy of their digital media which could then be bought with tokens that are also unique (as they cannot be interchanged).
Before getting into the impact NFTs have on the value of entertainment entities, it is important to understand what NFTs are exactly. A Non-Fungible Token (NFT) is a special type of cryptographic token that represents something special including arts, music, In-game entities and more. Being non-fungible means these tokens that represent certain entertainment entities are one of a kind and hence, value is provided for those items as they become special collectibles.
Find out more at www.thetrend.is for in-depth reports on trends and emerging technologies.
Technology With the Potential To Create A World Void of Censorship & Corruption by Avoiding Centralization?
An organizational structure is basically a system that outlines the functions of various individuals within an organization to ensure that the goals of the organization are achieved. A popular example of this organizational structure is the traditional one whose arrangement is hierarchical and power flows vertically and upwards with a CEO right on top of the organization. Following the arrangement in democracy as well, on paper it is usually said that those at the absolute top are “the people” but in truth, it is the elected or appointed head of state, president, or prime minister.
Listen to this long form article about decentralized autonomous organizations or DAOs
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