Expanded blockchain adoption and adaption into 2022....a wrap up of 2021+ of sorts

Good afternoon and happy Friday :]

This is a summarized discussion post of an original article done by one of our writers.... I would like to share it here because this community is more open about the discussion of btc and crypto in genral.

Some fun stats going into 2022

By 2022, worldwide spending on blockchain solutions will reach $11.7 billion.

The global blockchain technology market is estimated to accumulate $20 billion in revenue by 2024.

The number of registered blockchain wallets in the second quarter of 2021 was more than 70 million.

Blockchain can reduce 30% of banks’ infrastructure costs.

Financial companies can save up to $12 billion a year from using blockchain.

Total spending on integrating blockchain into healthcare will rise to $5.61 billion by 2025.

The FBI owns 1.5% of the world’s total bitcoins.

55% of healthcare applications will have adopted blockchain for commercial deployment by 2025.

60% of CIOs were on the verge of integrating blockchain into their infrastructure by the end of 2020.

A few highlights of revolving around Crypto going into new year.

NFts are not just for art....

" NFTs in gaming is a natural that is taking off. The game Axie Infinity allows players to "mint" their own NFT creatures to send into battle. Nike and Dolce & Gabbana offer clothing and footwear that come with their own NFTs. The metaverse that has recently become part of the general publics' vernacular with Facebook’s "

National Acceptance of Crypto....

El Salvador became the first nation to accept BTC as legal tender in summer of 2021. While the UK Britcoin is unlikely to launch during 2022, other countries, including China, Singapore, and Tunisia have already dipped a toe in the water, Japan, Russia, Sweden, and Estonia are said to be right behind them.

The "greening" of blockchain......

Ethereum has plans to move to a POS model during 2022. Cathie Wood, Founder and CEO of Ark Invest, believes it will help lead the way to cleaner energy. The thought process is that growing demand for energy will lead to greater investments in renewable energy alternatives; this would then be used for other applications in addition to blockchains.

Please post some of the other massive ideas/concepts that have emerged out of crypto in 2021 that will be expanded on in future years. I did not mention smart contracts but they are in the og article.

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source https://www.reddit.com/r/btc/comments/qxng9n/expanded_blockchain_adoption_and_adaption_into/

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