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Forbes predicts the development trend of the encryption industry in 2022
中创算力
特邀专栏作者
2021-12-28 04:04
This article is about 2501 words, reading the full article takes about 4 minutes
What kind of development will the encryption industry have in 2022?

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2022 Prediction - Web3.0

If 2021 is the year that Web3 becomes the hottest thing, 2022 will be the year when the values ​​behind Web3 start to have a lasting impact on how society works, and among them, an area ripe for change is the relationship people have with work .

In the article "2022 Forecast, Web3's Impact on Future Work", it mentioned three aspects of impact:

1. Culture and values. With the "big wave of resignations" in the United States, many resigners will look for the values ​​and culture in Web3. Web3 projects tend to be more inclusive and supportive. Web3 companies are preparing to attract a lot of young talent because the philosophy of Web3 is collaboration, cooperation and mutual benefit.

2. The freelancing economy. An incarnation of the Web3 philosophy can be found in DAOs. In a DAO, work, decision-making, and financial transactions are decentralized and led by the community, which leads to a kind of new freelance economy, but different from the gig economy.

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2022 Predictions—Green Blockchain Initiatives Emerge

The operation of blockchain consumes a lot of energy and brings higher carbon emissions - which is why Tesla CEO Elon Musk (Elon Musk) decided to suspend accepting Bitcoin for electric vehicles in early 2021 reason. For this reason, in 2022, the encryption industry may attach great importance to the concept of "green blockchain". It is expected that there are the following major paths to the green operation model:

1. Carbon neutrality - Many people think this is just a way to fix the problem because it does not solve the problem at the source.

2. Shifting to a less energy-intensive blockchain consensus mechanism - this usually refers to those blockchains that adopt the "workload proof" consensus mechanism starting to switch to the "stake proof" consensus mechanism, such as the second largest blockchain by market capitalization Ethereum plans to switch to a proof-of-stake model in 2022.

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2022 Predictions - Expansion Beyond the Field of NFT Art

In 2021, non-homogeneous tokens (NFT) can definitely be regarded as a rising star in the blockchain field. Beeple's "The First 5000 Days" and other works of art sold astonishing astronomical figures, which caused a sensation in the industry and impressed the public with this unique concept of blockchain digital tokens. Not only that, but NFT has also firmly occupied a place in the music industry. Music creators including Kings of Leon, Shawn Mendes, and Grimes have released songs in NFT format. In addition, NFT also has a large number of application examples outside the field of art, such as:

1. In the brewing industry - Distillers William Grant and Son, a well-known whiskey brewer, recently sold several bottles of Glenfiddich whiskey NFT that have been stored for 46 years. In this way, the source of each bottle of whiskey can be traced back.

2. In the game industry - game NFT has also begun to shine. For example, the pet breeding "earn while playing" blockchain game Axie Infinity allows players to "cast" their own NFT pets to fight. At present, the game has gathered over 300,000 players (fortnite has about 3.5 million players).

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2022 Forecast - Central Bank Digital Currency

In 2021, El Salvador will become one of the first countries to make Bitcoin a legal tender, which means that Bitcoin can be used to pay for goods and services throughout El Salvador, and businesses in El Salvador can also use Bitcoin to pay employees' salaries.

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2022 Predictions - Blockchain and IoT Integration

In fact, the concept of blockchain and the Internet of Things (IoT) are interlinked, and it is very suitable for recording the interaction and transaction information between machines. Given the automation, encryption, and immutability of blockchain ledgers and databases, blockchain technology can solve many security and scalability issues, and can even be used for machine-to-machine transactions—when a When a machine or network needs to purchase a service from another machine or network, micropayments can be made via cryptocurrency.

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2022 Predictions - Broad Application of Blockchain

Obviously, from the current point of view, the top priority in 2022 is to prevent the spread of the global new crown epidemic, which is also one of the key use cases that many top science and technology are most concerned about this year.

It is worth mentioning that blockchain technology can play an important role in vaccine tracking and distribution. Previously, there have been many cases of manufacturing and selling fake vaccines, and the use of blockchain technology can ensure the authenticity of the vaccine transportation process, and can track their distribution process and ensure that they arrive at the designated place. Not only that, but ensuring the integrity of every link in the supply chain – for example, ensuring that a batch of vaccines is always stored at the correct temperature (a requirement for many vaccines).

At present, IBM has created a vaccine tracking system that uses blockchain technology to uniformly record vaccination rates and efficacy on their common tools and platforms, ensuring effective coordination among different agencies and healthcare institutions involved in vaccine distribution. coordination. Amazingly, there is also a pilot project showing how blockchain can quickly identify where a product may need to be recalled quickly – such as a batch of a vaccine causing an unusually high incidence of side effects – from three days to just a few seconds.

The new crown epidemic has brought unprecedented challenges to human beings. However, the so-called indestructible, blockchain technology will usher in greater breakthroughs in 2022 and play a greater role in the manufacture, distribution and management of vaccines.

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