Introduction The technology uses scientific knowledge to invent, design, and monitor the equipment which helps to make human lives easier. Some people argue that technology can be detrimental to human lives. It is because some waste technological products do not decompose and end up causing soil and water pollution. However, the benefits outweigh the disadvantages when we consider cutting-edge technologies. The cutting-edge technologies devices use high techniques and employ high level and most current Information technology to achieve current developments. The innovative and leading industries in technology are the ones referred to as cutting edge. I am going to discuss two examples of cutting-edge technologies, that is, Artificial Intelligence (AI) and Blockchain. Performance and tool life are mostly determined by cutting-edge technologies. Good technology is essential in improving process reliability, tool life, and wear and tear resistance. These two examples have improved the efficiency of our daily lives in terms of money transfer and medical practices. Blockchain Purpose Blockchain is a digital platform for recording transactions. The transaction is made without a central authority such as the bank or government and it is distributed without a central repository. It helps to facilitate security, data management, and provenance, and it is capable of transforming healthcare (Leible et al., 2019). It is also used in healthcare by many stakeholders to maximize business processes, improve compliance, enhance patient outcomes, reduce costs, and improve the use of healthcare data. Cryptocurrency uses blockchain technology as applied in bitcoin which has popularized the technology (Leible et al., 2019). The main purpose of this technology is to enable information to be recorded and shared without editing. The timestamp in the documents cannot tamper. Effectiveness The technology enables a group of people to record the transaction in a common ledger within the group. It uses electronic money transfer which is protected in cryptographic and is untraceable with the central authority (Leible et al., 2019). The users can sign in their accounts and transact to another user and the blockchain records the transaction which is viewed by other users. They validate and verify the transactions independently. It is impossible to alter or forge the transactions because of the cryptographic mechanism (Leible et al., 2019). It is economically effective in terms of exchange value and banking. It is self-governing and there is equality and shared ownership among the members. There is no need for an intermediary therefore it reduces the transaction cost (Prussi, 2020). It is less vulnerable to cybercrime and fraud than banks because of the algorithm used in verifying and validating accuracy. Unanticipated Consequences The blockchain can be used to record sensor and human input from the real world, but it is difficult to determine if the data reflects the real world. The systems might malfunction and record inaccurate data and humans can record wrong information either intentionally or unintentionally (Prussi, 2020). There is also an issue of trust concerning the third party to certify the transactions. Trust should be an issue in the blockchain network. There could be flaws