Biggest Blockchain Trends 2022
Did you know that when Blockchain broke onto the scene back in 2009, it wasn’t widely accepted by everyone as people were still skeptical about it and couldn’t see it physically? Fast forward a few years and Blockchain became all the rage because of its instrumental part in cryptocurrencies like Bitcoin.
And now blockchain has become such an integral part of the global zeitgeist that you will find references to it in popular shows like The Good Wife.
Yes! That’s how big it has become.
Want to know something even more surprising? Eminem sang about Bitcoin in one of his songs.
Is there anything cooler than that?
Eminem isn’t alone. Decap, Dylan Locke, Money Man, Toby Granger, and many other singers have songs named after Blockchain. That is how big it has become. So much so that it is predicted to reach 19 billion USD by 2024.
But how can one succeed in the field of blockchain? Well, you know what they say; you have to keep up with the trends just like you keep up with your favorite TV shows. Don’t have time to study trends? This mini-guide is made by team of blockchain coders just for you. Read on to discover the biggest blockchain trends in 2022:
1. Vaccine Distribution
Let’s be real; the COVID-19 pandemic doesn’t look like it has any plans to leave anytime soon and the main priority in 2022 is going to be tackling it. An important aspect of tackling it is going to be technology, including Blockchain. It’s predicted that Blockchain will be used to track and distribute vaccines to ensure the authenticity of proof of shipments and delivery tracking. Plus, it’ll ensure integrity at every stage (manufacturing, distribution & tracking) of the supply chain.
2. Supply Chain Management
Blockchain has revolutionized the supply chain management industry. It’s predicted that it will be everywhere in 2022 as it can optimize complex and expansive supply chain networks. Even Coca-Cola and Microsoft have adapted it for the same purpose. It can be used with smart devices and AI to generate weather and traffic updates to minimize the impact of environment, prevent counterfeiting, and facilitate a mutually-beneficial data economy for all participants of a supply chain network to replace outdated processes industrywide.
Now, this is something that can make anyone’s ears perk up in anticipation. Technology-as-a-Service concept has become very popular, so we can expect the same to happen to Blockchain-as-a-Service. Blockchain-as-a-Service will let its users utilize all its best features without having to make their own platform. Moreover, they can easily enjoy the existing well-developed infrastructure, build apps, execute smart contracts, and access the cloud. Amazon is already offering BaaS, while Huawei increased the competition with its own Blockchain Service via HUAWEI CLOUD.
4. Crypto Gaming
One of the biggest blockchain trends in 2022 will be crypto gaming. Mark our words when we tell you that the blockchain-based technologies by famous gaming companies are going to make the crypto gaming industry explode in 2022. Play-to-earn gaming platforms, in particular, have already become quite famous. Blockchain developers are in high demand just because of the very reason. Plus, crypto gaming involves some of the best performing cryptocurrencies and it looks like blockchain-based gaming platforms are going to continue to grow in 2022.
5. The Adoption National Cryptocurrencies
Even though cryptocurrencies like Bitcoin, Litecoin, Ethereum, and Zcash have gained popularity now, governments were skeptical about them when they came out. However, they have started recognizing the bright side of blockchain-derived currencies. Countries like China, Singapore, Ecuador, Senegal, and Tunisia have already started accepting blockchain and other countries are also expected to accept and promote blockchain-derived currencies. These currencies will accompany the traditional currencies. They’ll allow citizens to manage their custody and carry out their transactions without relying on third-party providers.
We are constantly introduced to new technologies and trends and it is only a matter of time before we all become old people who can’t keep up with these trends and technologies no matter how tech-savvy we are. However, Blockchain looks like something that is here to stay for a very long time. So, before it starts making us question our savviness, it’s about time that we start keeping up with the trends as much as we keep up with the Kardashians.
We have our own blockchain development service
- NFT Development Service USA
- DeFi Development Service USA
- Cryptocurrency Wallet Development Company USA
- Cryptocurrency Exchange Development Service USA
- Smart Contract Development Company USA
Don’t let it perplex you, embrace it, and be open to its concept. Before you even know it, you’ll be bringing up blockchain and cryptocurrency in every conversation with your friends like a pro.