Ashish Anand, CEO, and Co-founder, Brú.Finance, a Decentralized Finance lending platform that tokenizes real-world assets –
“2022 would be an exciting year in terms of the latest blockchain technology and web 3.0 trends, that would have a reflection on our day-to-day life. The worldwide lockdowns have resulted in new opportunities for digital interactions and virtual experiences. These circumstances are creating big changes in web 3.0 and blockchain technology.
Web 3.0 has adopted decentralized protocols which are the foundation of blockchain technology. This year we would observe a powerful synergetic relationship between Web 3.0, Blockchain technology, and cryptocurrencies.
Blockchain-as-a-service (BAAS) would emerge as the latest trend in the industry and would be adopted by all sectors worldwide. As BAAS is a cloud-based service, participants can work on blockchain for generating digital products like decentralized applications (Dapps), smart contracts, financial products, etc.
Another remarkable trend in the industry is the integration of Blockchain-IOT-G5. Other technologies like Artificial Intelligence (AI) and Big Data are grabbing the attention of corporates for implementing blockchain technology for the Internet of Things or IoT applications.
Last but not the least, integration of Blockchain and Metaverse is also one of the top trends in 2022. Metaverse and blockchain can be termed as Two sides of the coin as the decentralized servers or nodes are used in the implementation of the Metaverse.
The new digital economy would witness the emergence of Non-Fungible Tokens (NFTs) and Cryptocurrencies using Metaverse and Blockchain.”
Additionally, according to Tarusha Mittal, COO and Co-founder, UniFarm, a unique group staking, and yield farming fintech solution –
“While 2021 was definately one of the most eventful year for the Crypto industry where we saw countries like El Salvador legalising Crypto and on the contrary China banning crypto trading, NFTs, Bitcoin and Metaverse trending; 2022 will be even more monumental for the industry.
Bitcoin will continue to remain mainstream whereas DeFi will witness more innovations in terms of technology like AMM, liquidity etc. Web 3.0 will bring in dynamic shift. We shall also see DeFi raising the bar by adding ease of use and better access which will lay down the foundation for mass adoption. I also wish more countries in the coming years will give acceptance to CBDCs.”
Aishwarya Shivakumar, CEO, Oddz Finance, a one-stop decentralized finance crypto derivatives trading platform
“Crypto derivatives markets may be the next big thing in DeFi. As traditional markets become riskier, derivatives like options contracts could be used as a hedge against it. Additionally, with derivatives becoming more stable over time investors may shift to options to generate fixed income. 2022 might be the year when crypto derivatives become widely accepted as a viable alternative to the traditional market.
Additionally, the idea of the metaverse might be taken a step further with AR/VR technologies integrating into the ecosystems. The concept of a financial metaverse would see adoption with Oddzverse leading the way. A slow transition from the physical to the virtual world is guaranteed.”
