Innovation is the essence of growth and modern-day technologies are a testament to that. This very innovation has driven the experimentation of a more decentralized and transparent economy in today's rising digital world – the crypto or web3 ecosystem.
As the world becomes more mindful of data privacy, security, and ownership in the digital universe, the demand for digital assets has leaped forward with giant strides. To make sense of the buzz, we're setting out to discover the nascent, emerging, and developing branches of the world of crypto that we believe have the potential to become the future of the industry.Â
Analyzing the trends surrounding disruptive technologies, regulatory mandates, and transformative research in the crypto landscape that are blurring the lines between physical and virtual environments, we identify the following six themes as the Future of Crypto.
Central Bank Digital Currencies (CBDCs) represent the experimental tokenized versions of fiat currencies that are issued by the central bank in a digital form, often having blockchain at its core.
Crypto coins comprise the digital security, utility, or payment tokens that use cryptography and depend on distributed ledger technology for being transferred, stored, or traded electronically.
Non-fungible Tokens (NFTs) are the unique, non-interchangeable units of data providing collectors and creators ownership over their digital items.
Decentralized Finance (DeFi), the umbrella that covers financial services that live on secure blockchain networks via internet access, without the role of any central authority.
Metaverse is the emerging sphere of omnichannel virtual environments that are interactive in real-time, that hold the potential to change the game for social and business engagements.
Distributed Ledger Technology (DLT) describes the shared decentralized databases that ensure all synchronized data of recorded transactions is identical and immutable.
With this newsletter, we'll be tracking these six verticals through weekly updates and analyzing evolutions in the world of crypto that seems to change colors in the blink of an eye – you don't want to miss it!
If you're as excited about the future of crypto as we are, then don't forget to subscribe to this newsletter and stay tuned for our weekly installments as they come.