Saturday, January 28, 2023
  • Login
198 Japan News
No Result
View All Result
  • HOME
  • BUSINESS NEWS
  • VIDEO NEWS
  • FEATURED NEWS
    • JAPAN US TRADE NEWS
    • JAPAN EU NEWS
    • JAPAN UK NEWS
    • JAPAN INDIA NEWS
    • JAPAN RUSSIA NEWS
    • JAPAN GULF NATIONS NEWS
    • JAPAN AFRICA NEWS
    • JAPAN EGYPT NEWS
    • JAPAN NIGERIA NEWS
    • JAPAN MEXICO NEWS
    • JAPAN BRAZIL NEWS
    • JAPAN THAILAND NEWS
    • JAPAN INDONESIA NEWS
  • CRYPTO
  • POLITICAL
  • TECHNOLOGY
  • JAPAN AGRICULTURE NEWS
    • JAPAN MANUFACTURE NEWS
    • JAPAN AGRICULTURE NEWS
    • JAPAN IMMIGRATION NEWS
    • JAPAN UNIVERSITY NEWS
    • JAPAN EDUCATION NEWS
    • JAPAN VENTURE CAPITAL NEWS
    • JAPAN JOINT VENTURE NEWS
    • JAPAN BUSINESS HELP
    • JAPAN PARTNESHIPS
  • ASK IKE LEMUWA
  • CONTACT
198 Japan News
  • HOME
  • BUSINESS NEWS
  • VIDEO NEWS
  • FEATURED NEWS
    • JAPAN US TRADE NEWS
    • JAPAN EU NEWS
    • JAPAN UK NEWS
    • JAPAN INDIA NEWS
    • JAPAN RUSSIA NEWS
    • JAPAN GULF NATIONS NEWS
    • JAPAN AFRICA NEWS
    • JAPAN EGYPT NEWS
    • JAPAN NIGERIA NEWS
    • JAPAN MEXICO NEWS
    • JAPAN BRAZIL NEWS
    • JAPAN THAILAND NEWS
    • JAPAN INDONESIA NEWS
  • CRYPTO
  • POLITICAL
  • TECHNOLOGY
  • JAPAN AGRICULTURE NEWS
    • JAPAN MANUFACTURE NEWS
    • JAPAN AGRICULTURE NEWS
    • JAPAN IMMIGRATION NEWS
    • JAPAN UNIVERSITY NEWS
    • JAPAN EDUCATION NEWS
    • JAPAN VENTURE CAPITAL NEWS
    • JAPAN JOINT VENTURE NEWS
    • JAPAN BUSINESS HELP
    • JAPAN PARTNESHIPS
  • ASK IKE LEMUWA
  • CONTACT
No Result
View All Result
198 Japan News
No Result
View All Result
Home JAPAN CRYPTO NEWS

Coinbase Shares Predictions on Future of Ethereum Scalability, Metaverse, Defi, NFTs – Featured Bitcoin News

by 198 Japan News
January 6, 2022
in JAPAN CRYPTO NEWS
Reading Time: 3 mins read
A A
0
Share on FacebookShare on Twitter

[ad_1]

Coinbase’s chief product officer has shared some predictions for 2022 regarding Ethereum’s scalability, the metaverse, decentralized finance (defi), non-fungible tokens (NFTs), and more.

2022 Predictions by Coinbase’s Executive

Coinbase’s chief product officer, Surojit Chatterjee, shared last week 10 predictions of what the crypto industry holds in 2022. The predictions cover a range of crypto topics, including ETH scalability, zero-knowledge proof technology, decentralized finance (defi), non-fungible tokens (NFTs), and the metaverse.

Non-fungible tokens “will become the next evolution of users’ digital identity and passport to the metaverse,” the executive described, adding:

User created metaverses will be the future of social networks and will start threatening the advertising driven centralized versions of social networks of today.

“Brands will start actively participating in the metaverse and NFTs,” he continued. “NFTs and the metaverse will become the new Instagram for brands.” Furthermore: “Web2 companies will wake up and will try to get into Web3 … and metaverse in 2022. However, many of them are likely to create centralized and closed network versions of the metaverse.”

Regarding regulated defi and the “emergence of on-chain KYC attestation,” the Coinbase executive explained that “Many defi protocols will embrace regulation and will create separate KYC user pools.” He detailed:

Institutions will play a much bigger role in defi participation … Growth of regulated defi and on-chain KYC attestation will help institutions gain confidence in defi.

The Coinbase executive further predicted that “Defi insurance will emerge,” emphasizing that “To protect users from hacks, viable insurance protocols guaranteeing users’ funds against security breaches will emerge in 2022.”

The predictions also cover Ethereum’s scalability. The executive said:

ETH scalability will improve, but newer L1 chains will see substantial growth — As we welcome the next hundred million users to crypto and Web3, scalability challenges for ETH are likely to grow.

Tags in this story
2022 predictions, Brands, Coinbase, coinbase crypto predictions, coinbase executive, coinbase predictions, decentralized finance, DeFi, Digital Identity, Ethereum, Metaverse, NFTs, Non-fungible tokens

What do you think of the predictions by Coinbase’s executive? Let us know in the comments section below.

Kevin Helms

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

More Popular News

In Case You Missed It



[ad_2]

Source link

You might also like

FTX to Help Voyager Customers, CEO Says Firm Willing to Deploy ‘Hundreds of Millions’ to Help Crypto Industry – Bitcoin News

Art Blocks Does It Differently And Frequently

Chainlink Keepers automates impermanent loss return on Armadillo

Tags: BitcoinCoinbaseDefiEthereumFeaturedfuturemetaverseNewsNFTspredictionsScalabilityShares
Share30Tweet19

Recommended For You

FTX to Help Voyager Customers, CEO Says Firm Willing to Deploy ‘Hundreds of Millions’ to Help Crypto Industry – Bitcoin News

by 198 Japan News
July 24, 2022
0

The founder and CEO of the leading exchange FTX, Sam Bankman-Fried has offered to give early liquidity to Voyager Digital’s customers, according to an announcement FTX published on...

Read more

Art Blocks Does It Differently And Frequently

by 198 Japan News
July 22, 2022
0

Unlike other NFT collections, Art Blocks is a platform. Its focus is generative or algorithmic artworks. The artists create the style of the collection, the colors and forms,...

Read more

Chainlink Keepers automates impermanent loss return on Armadillo

by 198 Japan News
July 22, 2022
0

Armadillo, a multi-chain impermanent loss (IL) protection solution powered by the Crypto Volatility Index (CVI) from COTI, will be using Chainlink Keepers on Polygon to automate IL protection...

Read more

NFT sales will fund the restoration of physical monuments in Ukraine

by 198 Japan News
July 22, 2022
0

The Ukrainian government will be using the proceeds of sales from an online nonfungible token, or NFT, museum to restore artwork in the real world.According to a Friday...

Read more

Gensler Says SEC Should Regulate Crypto Lending Companies

by 198 Japan News
July 21, 2022
0

Key Takeaways SEC chair Gary Gensler told CNBC today that crypto lending firms fall under the scope of the securities regulator. He noted that crypto lending firms offer...

Read more
Next Post

Rapid COVID-19 tests are reselling for triple the retail price in U.S.

Russian paratroopers arrive in Kazakhstan as unrest continues : worldnews

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest

FTX to Help Voyager Customers, CEO Says Firm Willing to Deploy ‘Hundreds of Millions’ to Help Crypto Industry – Bitcoin News

July 24, 2022

California governor declares emergency over wildfire near Yosemite

July 24, 2022

China accuses Japan of interfering in its internal affairs on Taiwan question

July 24, 2022

Kyodo News Digest: July 24, 2022

July 24, 2022

With an eye on China, Seoul seeks to prevent tech leaks

July 23, 2022

Brands of Baseball Gloves

July 23, 2022
198 Japan News

198 Japan News will provide the latest news update as the government facing a growing challenging in preventing Japan from breaking apart along ethnic and religious lines.

198massmedia Group. USA. 3821 Dominion Drive, Dumfries, USA. 22026.

Toll Free 1 888 642 8433.
Contact: info@198japannews.com

LATEST UPDATES

FTX to Help Voyager Customers, CEO Says Firm Willing to Deploy ‘Hundreds of Millions’ to Help Crypto Industry – Bitcoin News

California governor declares emergency over wildfire near Yosemite

China accuses Japan of interfering in its internal affairs on Taiwan question

Kyodo News Digest: July 24, 2022

With an eye on China, Seoul seeks to prevent tech leaks

Brands of Baseball Gloves

UPDATE 1-France tells Iran it’s disappointed at lack of progress over nuclear talks

Neymar declares wish to stay at Paris Saint Germain

RECOMMENDED

No Content Available

Copyright © 2021 198 Japan News.

No Result
View All Result
  • Browse the latest updates from Japan
  • Landing Page
  • Buy JNews
  • Support Forum
  • Contact Us

Copyright © 2021 198 Japan News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In