Blockchain has been one of the biggest technology trends of 2021 and looks set to remain the same next year. Proof of this is the fact that 81 of the 100 largest companies in the world have already incorporated this technology into their daily lives, as well as those who do not work in this sector, such as Coca-Cola, Nestlé or McDonald's.
Cybersecurity, secure digital contracts, streamlining processes ... These are just some of the benefits that blockchain technology can bring to your business. Therefore, some estimates suggest that spending on solutions based on these technologies will reach $ 11.7 billion by 2022.
Here are some trends that Blockchain will set for next year. Knowing them well can be beneficial for you, and will allow you to anticipate the competition in a subject that seems essential to the success of entrepreneurship in the coming years.
The challenge of sustainability. One of the main arguments of Blockchain’s opponents is the environmental footprint created by its mining. In this regard, Elon Musk canceled a few months ago his initiative to make payments with Teslan bitcoin. However, the company "wants to use it for transactions as mining moves towards more sustainable energy," and does not rule out the acquisition of other environmentally friendly cryptocurrencies, the entrepreneur himself explained.
To solve this problem, one trend for 2022 will be to study blockchain solutions that are less polluting, in line with the creation of new renewable energy sources and the growth of existing ones.
Blockchain integration into our daily lives. Another interesting trend is the search for new blockchain applications in our daily lives. The implementation of the 5G network worldwide supports this type of research, which can enable the signing of various contracts between machines automatically and securely, taking advantage of the benefits of the blockchain.
End the pandemic forever. The end of 2021 will be marked by the emergence of new pandemic outbreaks in some countries. In this sense, it seems that all indications are that the vaccine will continue to determine policies and trade in the coming year, while some counterfeiters who want to gain a share of this market appear.
To address this issue, technology company IBM has developed a Blockchain-based system that combines vaccination rates and efficiency with the tools and platforms used by all, as well as tracking the origin of doses.
NFTs are growing. One of the biggest innovations of 2021 has been the appearance of non-fungal tokens or NFTs in the field of Blockchain. Although the first operations with these assets were more related to the art or collection sector, the year 2022 will be marked by the extension of this technology to the business world.
An example of this is the case of William Grant & Sons, a 46-year-old company that sold 15 bottles of Glenfiddich whiskey with the help of an NFT.
The emergence of centralized digital currencies. When we talk about blockchain, the first thing that comes to mind is cryptocurrencies. These currencies, which have grown exponentially in value over 2021, are characterized by decentralization, but also by other advantages that central banks around the world are already researching.