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Technology highlights from 2018: Growth in artificial intelligence and modernization of the payments system

Author(s): Wendy Gross, Michael Fekete, Simon Hodgett, Ted Liu, Sam Ip

Dec 18, 2018

The use and integration of technology into business and everyday life further accelerated in 2018.  Both the public and private sectors in Canada have increasingly focused on and invested in technology as a way to improve efficiency and transform their businesses, particularly in the cities of Toronto, Montréal and Vancouver. The trends we covered in 2017  have continued. Although the sky-high valuations of cryptocurrency have subsided, activity in technological and financing applications of blockchain remains high.

Technologies such as artificial intelligence (AI), blockchain and other distributed ledger technologies, 3D printing, and smart devices connected to the internet of things (IoT), are having a heightened impact on traditional mainstream industries and are starting to converge...

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