Hacker Noon August 7, 2022
Gabriel Mangalindan

Blockchain technology has evolved significantly, from a digital currency used for payments to digital assets and blockchain games. Let’s look at some exciting developments in the blockchain industry this year.

Central Banks Digital Currencies (CBDCs) Gain More Traction

Cryptocurrencies can potentially revolutionize how businesses pay their workers, which is already accepted as payment for various products and services worldwide. However, the rising costs of sending money internationally and general inflation are likely to be the primary impetuses behind accepting cryptocurrencies as legitimate forms of payment in the future. Therefore, another potentially fruitful area for the development of blockchain technology would be the introduction of the idea of national cryptocurrencies.

These government-controlled digital tokens are known...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: Blockchain, Technology
Ethics of Blockchain by Design: Guiding a Responsible Future for Healthcare Innovation
The Blockchain Doesn’t Have To Fix Everything
Quantum-Secure Blockchain: Preparing For The Era Of Quantum Computing
A Pro-Crypto President: What Trump 2.0 Holds for Blockchain’s Future
Blockchain in Healthcare: A Necessary Innovation or a Misguided Panacea?

Share This Article