Towards the Decentralized Future: Blockchain Trends in 2022 - download our report
Fri, Apr 8, 2022 •3 min read
Category: Business Stories / Blockchain
In our latest report, we explore and analyze the latest blockchain-related trends and predict which of them are here to stay. We take a look at NFTs, DAOs, the world of DeFi, metaverse, and Web 3.0 to see how those concepts and ideas can be used or augmented in digital product development.
Blockchain has been our core area of expertise since the very beginning of Rumble Fish. Over the years we’ve successfully completed many DeFi, dApp, and crypto projects and learned how to navigate the ever-changing blockchain landscape. We watch the market carefully and analyze the trends and the technology behind them to know which are worth implementing in our projects.
Blockchain-based technologies are the future
Our newest publication “Towards the Decentralized Future: Blockchain Trends in 2022” focuses on 5 major topics:
blockchain consensus mechanisms,
Web 3.0 and the metaverse.
In the first part, devoted to cryptocurrencies we discuss how governments and lawmakers worldwide approach regulating crypto assets. We also dive a bit deeper into the topic of stablecoins and the way they work. Our experts analyze the current situation and predict the future of cryptos in the modern finance world.
Then we move swiftly to the more technological issue of how consensus on blockchains is achieved. Taking Ethereum as an example, we describe two basic consensus mechanisms - “proof of work” and “proof of stake” and wonder what is the future of blockchains (there are over 100 blockchain platforms available currently). Will there be one main blockchain left after what is called “the blockchain war”? Or maybe there will be even more platforms, coexisting independently from each other? Download the report to find out what we think!
In the next part, we take a look at NFTs and the way they took over the entire crypto world and became mainstream. We go back to the first successful NFT project and examine what made NFTs become so popular in 2021. Being experts in NFT platform development we’re also predict the new ways non-fungible tokens can be utilized in the future.
The next part of our report is devoted to Decentralized Finance (DeFi), which is an ecosystem of financial apps and services that are build on blockchain. There are various different approaches to investing in DeFi and we cover everything from yield farming to HODLing.
Lastly, in the part titled “The Future is Decentralized” we talk about Web 3.0, the Metaverse, and the role of Decentralized Autonomous Organizations (DAOs) in the way businesses and other entities operate.
As 2021 proved to us, when it comes to software development there is currently a strong focus on delivering decentralized platforms, preferably on proof of stake blockchains. DLT developers with knowledge of smart contracts and blockchain-oriented programming languages like Solidity or Vyper are still rare gems on the market. At Rumble Fish, we specialize in smart contracts development, crypto exchange platforms, and other blockchain-centered projects. We’ve worked with many crypto pioneers and have the best team of experts on board. In our report we bring you only the freshest and most relevant insights into the world of blockchain.