A Look into the Top Emerging Technologies in Bangladesh and What They Mean for the Future

January 8, 2023

Bangladesh is quickly becoming a leader in the field of emerging technologies. With a rapidly growing economy and a commitment to technological advancement, the nation is well-positioned to take advantage of the latest technological breakthroughs and apply them to the country’s development.

Bangladesh is on the cutting edge of innovation from artificial intelligence (AI) to the Internet of Things (IoT) and blockchain technology. This article looks at the top emerging technologies in Bangladesh, their potential applications, and their impact on the country’s future.

 

The advent of the Internet has caused the digitalization of gaming. Online gaming is now popular worldwide. Punters use betting apps such as the Parimatch app to place sports bets.

With suitable investments and policies, Bangladesh could become an innovation hub, leading the way for the world of tomorrow.

Artificial Intelligence (AI) in Bangladesh

Artificial intelligence has been in the headlines lately, from fears about robots taking our jobs to hopes for a world that benefits from intelligent automation; AI is a topic that has sparked a lot of debate.

While the general public may have some misconceptions about AI, in Bangladesh, this technology is being applied to solve real-world problems. One example of this is in medicine

AI has been used to create an early detection system for diabetic retinopathy.

This is a form of blindness most common in people with diabetes, so it’s an issue affecting many people in Bangladesh.

AI helps detect this disease by scanning retinal images and identifying its signs, allowing doctors to see the condition much earlier than they can with the current method, which is a visual exam. As a result, it has the potential to save a lot of people from blindness.

The Internet of Things (IoT) in Bangladesh

The Internet of Things (IoT) refers to the connection of devices via the internet. These devices could be almost anything – from your car to items in your house. Many people think of IoT as smart devices – appliances and other things that can be controlled remotely, have software functionality, and collect data.

IoT has a huge potential to change how we live, work, and do just about everything. In Bangladesh, IoT has much potential for economic growth and modernization. The technology is applied to healthcare and transportation projects, with plans for more IoT implementation.

To help the country prepare for this growth, the government has created an IoT working group to address challenges and make the necessary regulations. For example, Bangladesh is applying IoT to pathology labs in the healthcare sector.

The government is implementing a paperless system for pathology labs that uses IoT technology. It will allow labs to store and analyze samples digitally, improving accuracy and reducing the time for testing. This new, more modern system will help ensure accuracy and streamline the process, allowing labs to get results faster. Please  Apart from blockchain, IoT can be integrated with various software such as accounting software.

Blockchain Technology in Bangladesh

Another emerging technology that is gaining traction in Bangladesh is blockchain technology. Blockchain is a decentralized ledger that records transactions and data securely.

This technology was created for use with cryptocurrencies, but it’s now being considered for other applications, such as real estate and supply chain management.

Bangladesh is applying blockchain technology to the government-owned digital identity system. This system will create a single national ID for access to government services. The government hopes this will make the system more secure and efficient.

Because the system stores data on citizens, many people are concerned about privacy and security. Using blockchain could help ease some of these concerns. In addition, the decentralized nature of blockchain makes it more secure than a centralized database.

Blockchain has built-in privacy features that allow users to keep their information private. Therefore, if the system uses blockchain, citizens would have more trust and feel more comfortable giving out information. As a result, it could increase the number of people using the BDI system and make the government’s services more accessible.

Potential Applications of Emerging Technologies in Bangladesh

Using these technologies together could solve challenges in various sectors and create a more efficient and sustainable society. Some potential challenges that these technologies could help address are the following:

  • Data challenges – Data is essential for modern decision-making, but Bangladesh faces many challenges regarding data. The government collects data at a central level, which is less effective when the country is geographically diverse. AI and IoT solutions could help create real-time data collection, improve decision-making, and help manage natural disasters like floods.
  • Agriculture challenges – In Bangladesh, agriculture is key to the economy, accounting for 15% of GDP. However, it’s hard to get accurate data about weather and other conditions that affect crops. Plus, the sector is predominantly operated offline, making it difficult to make informed decisions. AI and IoT solutions for weather forecasting and soil analysis could help improve harvests.
  • Healthcare challenges – Healthcare in Bangladesh faces many challenges, including a shortage of doctors and poor infrastructure. Health systems are also manual, which causes delays and inaccuracies. Solutions that use AI and IoT for health data collection and analysis could address these challenges.

By applying these technologies to challenges, the country could address issues and create a more sustainable future. It could also make the government more efficient and improve the quality of life for citizens.

Furthermore, if the country can adopt these technologies and apply them effectively, it could lead the way for other developing nations, showing them the potential of these emerging technologies.

Conclusion

As the world moves into the 21st century, technology has become increasingly intertwined with daily life. Bangladesh is no exception, and the country is seeing a surge in the emergence of new technologies that could revolutionize how one lives and works.

From artificial intelligence to blockchain, Bangladesh is rapidly embracing new and innovative technologies that promise to change the future landscape.