Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Articles about Cryptocurrency => Topic started by: Alex Jaxon on August 11, 2021, 04:26:25 PM
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2020 was a remarkable year for the blockchain industry as COVID-19 accelerated the digital transformation. We are Mid-way through 2021, but new developments in the blockchain industry are emerging each day. We can expect more innovative applications in blockchain based solutions and cryptocurrency trends ruling the crypto space.If you are a blockchain enthusiast, you should know the top 6 Cryptocurrency Trends That Will Change Crypto in 2021.
DeFi
Decentralized Finance is one of the biggest trends in the blockchain industry. Is a blockchain based form of finance sector without any intermediators like brokerage , exchange and instead of that defi is based on smart contracts on blockchain.
Growth of Stablecoins:
The volume of Stablecoins circulation increased by 500%. Nowadays Stablecoin is one of the trending cryptocurrency in the blockchain industry.
Tax Regulations:
In this year (2021) we might see crypto standard crypto regulations that will regulate crypto activities and transactions. In the blockchain industry Tax Regulations trend will come into effect soon.
CBDC – Central Bank Digital Currency
CBDC is the future payment method for the finance industry.
Non-Fungible Token :
The digital assets are not interchangeable. It can be used to represent things such as images , video , audio and all kinds of digital media.
5G will go Mainstream :
5G will be exclusively used for Mining Operations, The Purpose of creating 5G in crypto industry solves Networking issues for traders while trading cryptocurrencies.5G Is a high-speed network connectivity.
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CBDC could be a great thing any users as it'll help bitcoin to get more attention. Thus, everyone will realise the potential of bitcoin and shift from CBDC to bitcoin. ;D BTW, defi will be in this industry and boost up NFT trend over the time as NFT is on the early stage, IMHO. Lets just wait and enjoy the bullish trend by being a long term hodlers. ;)
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Like the traditional financial system, you can borrow, lend and even invest money on various platform in Defi. Compound, an Ethereum based lending and borrowing Dapp connects the borrowers to the lenders and vice versa as needed. With the Tronlink wallet, one can also lend-borrow their WYZth with Bitcoin, USDT, Litecoin etc.
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2020 was a remarkable year for the blockchain industry as COVID-19 accelerated the digital transformation. We are Mid-way through 2021, but new developments in the blockchain industry are emerging each day. We can expect more innovative applications in blockchain based solutions and cryptocurrency trends ruling the crypto space.If you are a blockchain enthusiast, you should know the top 6 Cryptocurrency (https://www.youhodler.com/) Trends That Will Change Crypto in 2021.
DeFi
Decentralized Finance is one of the biggest trends in the blockchain industry. Is a blockchain based form of finance sector without any intermediators like brokerage , exchange and instead of that defi is based on smart contracts on blockchain.
Growth of Stablecoins:
The volume of Stablecoins circulation increased by 500%. Nowadays Stablecoin is one of the trending cryptocurrency in the blockchain industry.
Tax Regulations:
In this year (2021) we might see crypto standard crypto regulations that will regulate crypto activities and transactions. In the blockchain industry Tax Regulations trend will come into effect soon.
CBDC – Central Bank Digital Currency
CBDC is the future payment method for the finance industry.
Non-Fungible Token :
The digital assets are not interchangeable. It can be used to represent things such as images , video , audio and all kinds of digital media.
5G will go Mainstream :
5G will be exclusively used for Mining Operations, The Purpose of creating 5G in crypto industry solves Networking issues for traders while trading cryptocurrencies.5G Is a high-speed network connectivity.
Somehow few of these facts actually materialized in 2021. Don't you think so?