INTERNET OF

THINGS
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 TABLE OF CONTENTS
NATURAL LANGUAGE
01 FINTECH 03 PROCESSING
An amalgam of the words Systems that can analyze and
Finance and Technology communicate through human language

02 ARTIFICIAL INTELLIGENCE 04 BLOCKCHAIN

A machine that is self-aware A digital ecosystem that is

and commands intelligence managed solely by its users
equal to a person’s

05 5G NETWORKS

Ultimately 100 times faster

than 4G
01
FINTECH
An amalgam of the words Finance and Technology
DESCRIPTION ● Fintech is another revolutionary technology that we were
blessed to know about in the past decade.

● The term ‘Fintech’ is an amalgam of the words Finance and

Technology, and it refers to the use of the latest technologies
to improve the way financial transactions are performed
and/or managed.

● The latest and most common applications/examples of

Fintech include cryptocurrency (digital currency), global
payment transfer (PayPal, etc.), UPI, internet banking, etc.

● All these applications deal with the use of technologies like

blockchain and UPI to make digital payments faster, more
affordable, and secure.
 3 QUESTIONS
IS IT APPLICABLE HERE IN THE
PHILIPPINES?
Yes. Long before the COVID 19
Pandemic, many Filipinos have already
been using various fintech solutions to
complete their daily transactions.
When the pandemic affected the
Philippines, these solutions saw a
rapid spike in new users and daily
transactions. E-wallet and digital
banking apps are now largely
instrumental in how Filipinos send and
receive payments, pay bills, make
donations, use credit, and more.
IS IT COSTLY AND CAN BE USED BY
THE GENERAL PUBLIC?
These solutions are available and
downloadable through Google Play
Store and App Store. Mobile wallet
app GCash, in particular, saw a 150%
increase in the number of registered
users in one month. The user base of
its rival, Paymaya, similarly grew
amidst the crisis as more Filipinos
shifted to cashless payment methods.
CAN IT BE USED FOR COVID-
19 IN ANY WAY?
Yes. As people we’re told to avoid
close contact with other people, these
fintech solutions are very relevant
nowadays as they provide cashless
transaction that minimize the risk of
being infected by COVID 19.
02
ARTIFICIAL
INTELLIGENCE
A machine that is self-aware and commands
intelligence equal to a person’s
DESCRIPTION
● Artificial Intelligence refers to the integration of intelligence
(or the power to think) in machines. In other words, it’s the
process of teaching machines to think and act like humans.

● Artificial Intelligence is one of the technologies that we have

all been hearing about for a decade or so, but even this
technology has not been fully explored yet.

● However, AI is going to be at the forefront of tech evolutions

in the coming years. Experts estimate the AI market value to
cross $400 billion by the next few years. AI can present itself
as useful in a number of industries.
 3 QUESTIONS
IS IT APPLICABLE HERE IN THE
PHILIPPINES?
Yes. Available mobile phones in the
Philippines are equipped with AI
technologies such as Siri and Google
Assistant.
IS IT COSTLY AND CAN BE USED BY
THE GENERAL PUBLIC?
Yes. Anyone with a smart phone can
access these AI technologies such as
Google Assistant and Siri. These
mobile phone can be quite costly
though, depending on someone’s
status in life.
CAN IT BE USED FOR COVID-
19 IN ANY WAY?
Yes. One good example of this is the
contact-tracing apps that was
introduced during the surge of the
pandemic. AI has been combined with
other technologies to track and flag
possible carriers of the virus.
 03
NATURAL LANGUAGE
PROCESSING
Systems that can analyze and communicate
through human language
DESCRIPTION
● Natural language processing is a subfield of AI that aims to
develop systems that can analyze and communicate through
human language.

● Algorithms aren’t so lucky. They have trouble parsing the

eclectic hodgepodge of symbols, gestures, sounds, and
cultural cues that we use to express meaning and ideas.
When algorithms finally crack language, the business use
cases will be substantial.

● Example of these are chatbots, virtual editors, market

analysis, instant translation of live conversations, resume
readers, and phone auto-attendants.
 3 QUESTIONS
IS IT APPLICABLE HERE IN THE IS IT COSTLY AND CAN BE USED BY
PHILIPPINES? THE GENERAL PUBLIC?
Whoever wants to order something
through food applications such as
Yes. Several companies nowadays McDonalds or wants to complain
such as BPO and food chain have something may have access to these
chatbots that cater to the needs of chatbots. Moreover, if someone wants
their customers and potential to apply to BPO companies will also
employees alike. be assisted by their company’s
chatbots.
CAN IT BE USED FOR COVID-
19 IN ANY WAY?
Yes. In fact, Natural Language
Processing was deployed as a Web
service for hourly processing of new
data from patients assessed or treated
for COVID-19.
04
BLOCKCHAIN
A digital ecosystem that is managed solely by its users
DESCRIPTION ● Blockchain is probably one of the dearest technologies of today. After
all, we badly need a system that is free of middlemen and
intermediaries and is fully transparent. And blockchain offers exactly
that.

● Blockchain is a digital ecosystem that is managed solely by its users.

There are no owners or intermediaries in a blockchain network. It’s a
distributed, decentralized network that consists of thousands of nodes
(computers) that are interconnected.

● Each transaction in a blockchain network is processed through and

verified by all the nodes in the network, which means the probability
of failure or human error is nil. Also, the blockchain network is public
and, therefore, fully transparent. It’s not governed or managed by any
single/centralized entity.

● Blockchain technology has potential applications in a variety of

sectors, including finance, digital security, voting, cloud computing,
medicine, cross-border payments, identity security, cryptocurrency
exchange, security tokenization, and more.
 3 QUESTIONS
IS IT APPLICABLE HERE IN THE
PHILIPPINES?
Yes. The blockchain is not only limited
to digital currency but can also be
used in other industries. Here in the
Philippines, there are more businesses,
firms, and foundations that use the
blockchain for a number of different
services.
IS IT COSTLY AND CAN BE USED BY
THE GENERAL PUBLIC?
Some of these are accessible to the
general public such as Coins.ph and
Coins Pro. Filipinos can easily buy
bitcoins (and ether to selected users)
by downloading the Coins.ph app.
Exchange fiat to bitcoin through
convenience stores, bank transfers,
remittance outlets, etc. Coins.ph can
also be used to pay mobile load and
utility bills.
CAN IT BE USED FOR COVID-
19 IN ANY WAY?
Yes. Blockchain technology has
several potential use cases that can
help tackle the current pandemic
crisis. It can be used to simplify the
clinical trial processes for vaccines and
drugs, raise public awareness,
transparently track donations and
fundraising activities, and act as a
reliable data tracker.
05
5G NETWORKS
Ultimately 100 times faster than 4G
DESCRIPTION ● 5G, which stands for the 5th Generation mobile network
technology, is an upcoming technology that will offer the
internet at a faster speed with the ability to connect multiple
devices at the same time with a single hub.

● The 5G technology when combined with other state-of-the-

art techs such as robotics and IoT can present numerous
business opportunities. It will boost the performance of IoT
networks by providing a more stable and high-performance
internet connection.

● Other possible use cases include 5G cloud robotics, machine

remote control, autonomous vehicles, industrial automation,
and more.
 3 QUESTIONS

IS IT APPLICABLE HERE IN THE IS IT COSTLY AND CAN BE USED BY CAN IT BE USED FOR COVID-
PHILIPPINES? THE GENERAL PUBLIC? 19 IN ANY WAY?

Yes. In fact, THE Philippines has

shown the biggest improvement in
download speeds globally, with
average fifth-generation (5G) wireless Yes. Anyone with a smart phone that Yes. 5G connections allows users to
technology download speeds nearly has a 5g sim cards from Globe, Smart, access teleservices such as telehealth
10 times faster than the older 4G and DITO can access these 5g and telemedicine.
technology, according to the latest networks.
report by independent mobile
analytics company Opensignal.
THANKS!
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REFERENCES
https://blog.sagipl.com/technologies-to-adopt-this-year/
https://www.credolab.com/blog/fintech-in-the-philippines
https://www.bbvaopenmind.com/en/technology/artificial-intelligence/how-ai-is-helping-
prevent-the-spread-of-the-covid-19-pandemic/
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7549424/#:~:text=Blockchain%20technolog
y%20has%20several%20potential,as%20a%20reliable%20data%20tracker
https://bitpinas.com/feature/blockchain-startups-philippines/
https://www.sciencedirect.com/science/article/pii/S2405959520304744
https://www.bworldonline.com/philippines-5g-download-speed-nearly-10x-faster-than-4g-
report/#:~:text=Smart%20said%20that%20it%20has,200%25%20increase%20from%20Dece
mber%202020.
https://bigthink.com/the-future/10-emerging-technologies-change-world/
https://pubmed.ncbi.nlm.nih.gov/34415311/#:~:text=The%20NLP%20application%20combin
ed%20reused,or%20treated%20for%20COVID%2D19.

CREDITS: This presentation template was created by

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