• Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
Newsletter
Crypto Hoarding
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
No Result
View All Result
Crypto Hoarding
No Result
View All Result
Home Blockchain

5 Top emerging Blockchain technology trends to follow in 2021 – IBS Intelligence

Admin by Admin
July 14, 2021
in Blockchain
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Bitcoin, Blockchain, digital platforms, BaaS, DeFi, Digital CurrencyAs Bitcoin and other cryptocurrencies have been garnering attention in India, the focus has turned to blockchain. Blockchain in the country is making inroads at a swifter pace than before and is gaining a lot of curiosity on ways it can make companies more efficient and their transactions safe.

This has led blockchain companies to constantly reinvent the wheel to see how technology can be applied optimally, coming up with new and innovative ways to help firms reduce costs, enhance processes, customer data tracking, and security, ensure product safety and deal with fraud and counterfeiting.

Related articles

Are Blockchain Bridges Safe? Why Bridges Are Targets of Hacks – CoinDesk

August 16, 2022

How Blocks Are Added to a Blockchain, Explained Simply – CoinDesk

August 16, 2022

Blockchain is being looked at by both big and small businesses to streamline their operations. The pandemic has led to a huge shift to digital platforms, making blockchain more relevant to ensure safe and transparent transactions. Though the technology is still in the nascent phase in India, its potential across the board is enormous.

Here are the 5 top trends-

BaaS – Blockchain-as-a-Service: Blockchain-as-a-service (BaaS) is the third-party creation and management of cloud-based networks for companies in the business of building blockchain applications. BaaS is based on the software as a service (SaaS) model and allows customers to leverage cloud-based solutions to build, host, and operate their own blockchain apps and related functions on the blockchain. BaaS help the customers in a faster application development, low maintenance cost and fast adoption of Blockchain technologies.

VC & SSI – Verifiable Credential & Self Sovereign Identity (Universal Identity): Self-Sovereign Identity (SSI) offers verifiable, globally resolvable, and privacy-preserving credentials that we store and manage from the security of our own devices and can show it to anyone, anywhere. It can be used for industry that can be used for personal identification purposes. e.g. claim benefits, bank account, loan, insurance, healthcare services etc.

DeFi – Decentralized Finance: Decentralized finance (DeFi) is shifting from traditional centralized financial systems such as brokerages, exchanges, or banks, and instead utilizes smart contracts on blockchains.

NFT – Non-Fungible Tokens: A NFT (non-fungible token) is a special cryptographically-generated token that uses blockchain technology to link with a unique digital asset that cannot be replicated. NFT digital content represented as tokens which ascribe provenance to uniquely distinguishable assets by artist, gaming companies, content creators, is driving a new wave of crypto adoption. One recent report by market insights on NFTs, says that in 2020, NFT trading was worth over $250 million.

CBDC – Central Bank Digital Currency: A Central Bank Digital Currency (CBDCs) is a digital form of central bank money based on Blockchain, which is a legal tender created and backed by a central bank. Many CBDC pilot projects are going on across the globe. The Indian government has released its National Blockchain Strategy in Jan 2021 and is also introducing a bill to launch its own digital currency.

ALSO READ: Blockchain Technology in Financial Services Report 2020






Share76Tweet47

Related Posts

Are Blockchain Bridges Safe? Why Bridges Are Targets of Hacks – CoinDesk

by Admin
August 16, 2022
0

Are Blockchain Bridges Safe? Why Bridges Are Targets of Hacks  CoinDesk

How Blocks Are Added to a Blockchain, Explained Simply – CoinDesk

by Admin
August 16, 2022
0

How Blocks Are Added to a Blockchain, Explained Simply  CoinDesk

Jump Crypto Picked to Revamp Solana to Make Blockchain More Reliable – CoinDesk

by Admin
August 16, 2022
0

Jump Crypto Picked to Revamp Solana to Make Blockchain More Reliable  CoinDesk

Philippines: Blockchain-based solution Twala receives P4.6M grant from DOST – CoinGeek

by Admin
August 16, 2022
0

Philippines: Blockchain-based solution Twala receives P4.6M grant from DOST  CoinGeek

10 blockchain startups to watch – VentureBeat

by Admin
August 15, 2022
0

10 blockchain startups to watch  VentureBeat

Load More
  • Trending
  • Comments
  • Latest
Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet – The Daily Hodl

Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet – The Daily Hodl

April 21, 2021

SteveWillDoIt reveals hacker stole his crypto wallet: “I lost a lot of money” – Dexerto

July 26, 2021
Forte’s PTI gets financial transaction licenses for blockchain games – VentureBeat

Forte’s PTI gets financial transaction licenses for blockchain games – VentureBeat

February 11, 2022

Blockchain Use in Supply Chain Leads to Greater Benefits – The National Law Review

August 25, 2021

Market Wrap: Bitcoin’s Price Retraces Again, Breaks Below Trendline – CoinDesk

0

Rivals Ripple and R3 partner up | PaymentsSource – American Banker

0
Ripple seeks shelter in D.C. from Libra’s political storm – American Banker

Ripple seeks shelter in D.C. from Libra’s political storm – American Banker

0

Litecoin Gets Bullish Speculation, at Last, as Upgrade Approaches – Coindesk

0

Market Wrap: Bitcoin’s Price Retraces Again, Breaks Below Trendline – CoinDesk

August 16, 2022

Are Blockchain Bridges Safe? Why Bridges Are Targets of Hacks – CoinDesk

August 16, 2022

Ethereum [ETH] short-term traders can celebrate next week if… – AMBCrypto News

August 16, 2022

Coinbase Will Pause Ethereum Transactions During “The Merge” – Bitcoinist

August 16, 2022
Crypto Hoarding

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Bitcoin
  • Blockchain
  • Cryptocurrency Hackers
  • Ethereum
  • Litecoin
  • Ripple

Newsletter

[mc4wp_form]

  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us

Copyright (c) 2021 - Crypto Hoarding - All Rights Reserved - web design by TechyRack