The introduction of several sharing apps such as mobile commerce that will make China the world game changer. China’s innovations in supercomputing, quantum physics, and Artificial Intelligence will also impact the world. While China is not known for killer inventions, it has become a champion of innovation. Here are some of China’s innovations that might change the world.
Sharing Apps
Anyone know the struggle of queuing when shopping in cash. It also takes a while to pay using a credit card because you have to sign or show an ID card. However, such delays and inconvenience are no longer seen in China. Over time, mobile payment has become the norm in China, and it might become the world game changer.
Payment models such as sharing apps or O2O are only thriving due to the rise of China’s mobile payment services such as Tenpay and Alipay. Research has found that China has a higher affinity for mobile payment than the United States. Sharing apps such as Ofo or Mobike show how China applies its service innovatively. While there are several other bike-sharing apps across the world, Chinese applies their apps differently.
Through the use of models such as O20, China has demonstrated how the world can merge e-retailing and offline brick-and-mortar shops. Chinese use O2O mobile payment model to purchase physical goods online and collect them in brick-and-mortar stores. It is enabling Chinese consumers to buy products online and exchange or return them offline. The apps are also allowing Chinese consumers to purchase coupons online and redeem them offline. Furthermore, O2O services create options for consumers to buy goods offline and request the vendor to deliver them to their home automatically.
Supercomputing
Besides O2O and sharing apps, China’s supercomputing is by far the fastest in the world. It influences the way scientists can use supercomputers to change the world. While supercomputing is not a Chinese innovation, how China apply it will make a difference in the world. China uses supercomputers to stimulate reality more accurately and faster. Chinese scientists are using supercomputers for analysing climate changes and weather forecasts as accurate as possible.
China will use supercomputers to change the world by simulating how new drugs react to physical simulations such as spacecraft aerodynamics and the human body. The ultimate goal of China is to use supercomputing to simulate the human brain. Chinese engineers and IT experts are already working on a new supercomputer that will be used to calculate quintillion per second.
Quantum Physics
Chinese quantum scientists have proved their superiority over their counterparts in other countries in quantum physics. Over the past few years, Chinese quantum scientists have made significant strides in quantum physics. Their recent achievement was the use of satellite for beaming entangled photons from space to Earth. The idea is to use sunlight to transport data around the world in the future.
Chinese scientists are also working on a quantum computer that might be 24 times faster than supercomputers. China is now going toe to toe with the United States as far as quantum physics is concerned. China may even be in the lead for the next giant innovation in quantum physics and may use quantum technology to influence the world’s game.
Artificial Intelligence
Chinese artificial intelligence keeps growing. In fact, the next giant leap in AI evolution may come from China. Indeed, China has invested heavily in AI and has already applied for more patents related to artificial intelligence. In fact, China foresees an ambitious agenda of becoming the mightiest in AI in the world.
China hopes to become the world’s leader in AI by 2030. AI could help China make significant development strides ranging from automated decisions and autonomous cars to inventory decisions. In fact, China could lead the race to replace CEOs with robots. AI will enable China to predict human behaviours and needs faster than it does today. That will help organisations across the world to save millions of dollars and reduce time wastage.
