Why invest in Blockchain Technology 2022: Cryptocurrency | NFT’s | Stocks
As technology evolve, so too the economy, in this modern era. It’s evident everywhere that blockchain technology awareness have moved from beyond just normalize crypto system. The transactions (information) of crypto exchange are collected & store in batches in the blockchain database electronically in a decentralized format. This provide a safe & secure platform for exchange.
What are some of the latest blockchain technology usage in 2022?
- Cryptocurrency Exchange (such as bitcoin, coinbase,
- NFT marketplace
- Music royalties
- Personal identity security
- Supply chain and logistics
Cryptocurrency Exchange
Cryptocurrency is define as an encrypted digital payment system that is decentralized, meaning that it doesn’t go through the banking system for verification. Everyone who is present on the network can send and receive money. This money is stored on a digital wallet and the transactions are recorded in a public ledger. Some known crypto’s are Bitcoin, Coinbase, Litecoin, Ethereum, Ripple…..and more popping up very fast.
NFT marketplace
Non-fungible tokens (NFT) are unique digital assets or content. Some of these assets can be photos, art, or music etc which are all tokenized to create digital certificate of ownership that can be sold on the NFT blockchain.
Some popular NFT marketplace are Opensea, SuperRare, Axie, Larva Labs, Rarible, and Mintable.
Investing in a trillion dollar industry by 2026
With the world technology moving at lightning speed, year 2022 is a fantastic time for token exchange. People are curious where to invest there money. The blockchain industry will be valued approximately 70 billion by 2026. This makes it the right time to top into the market and start making some money.
There is no short of information out there with the variety of option to invest weather in cryptocurrency or NFT’s which proof to be the most popular.
You can access the market through a number of well known apps such as Wealth Simple App, Robin Hood, and tons more to choose from on the market.
