From DeFi year to decade: Is mass adoption here? Experts Answer, Part 2

Decentralized technologies’ insiders shared their views on DeFi and on the role, achievements and challenges the space faced in 2021. Yaniv Tal of The GraphYaniv is a co-founder and CEO at Edge & Node, and co-founder of The Graph, a decentralized indexing protocol used by blockchains such as Ethereum.“Many people and institutions got started with DeFi in 2021, but we haven’t even started mass adoption yet. As more and more retail and payment systems start integrating with crypto, people will be able to keep their money in crypto, bypassing the traditional banking system, and benefit from....

What does mass adoption mean for the blockchain industry? Has it started yet? If not, what could get it going? Yat Siu of Animoca BrandsYat is the executive chairman and co-founder of Animoca Brands, which delivers digital property rights to the world’s gamers and internet users, thereby creating a new asset class, play-to-earn economies and a more equitable digital framework contributing to the building of the open Metaverse.“Although we are still at a relatively early stage of the blockchain adoption curve, we are well on the way to reaching the early majority category sometime in 2022.....

Decentralized technologies’ insiders shared their views on DeFi and the role, achievements and challenges the space faced in 2021. Tristan Frizza of Zeta Markets:Tristan is the core contributor to Zeta Markets, an under-collateralized DeFi derivatives platform, providing liquid derivatives trading to individuals and institutions alike.“We’ve seen a Cambrian explosion in the DeFi ecosystem in 2021, with peak TVL approaching $300 billion vs the 2020 peak of $21 billion. This sounds like the growth surely has to slow. Yet, DeFi still represents just a fraction of CeFi trading volumes.At Zeta,....

Here’s what crypto and blockchain industry experts think about Tesla’s recent $1.5 billion investment into Bitcoin. While 2020 was a significant year for Bitcoin (BTC), the just-begun year of 2021 is already full of great surprises. On Feb. 8, Bitcoin’s price jumped by almost $3,000 in minutes, then it surged 20% in 24 hours — all due to the news of Elon Musk’s Tesla allocating $1.5 billion of its balance sheet to BTC. The same week, the oldest bank in the United States, Bank of New York Mellon, announced plans to hold, transfer and issue Bitcoin. Mastercard is also planning to support....

Here’s what crypto and blockchain experts from China think about the role of emerging technologies in the future of finance. This is Part Two of a multipart series on blockchain and crypto in China. Read Part One about the digital yuan here. When Satoshi Nakamoto introduced the Bitcoin (BTC) white paper over a decade ago, it was hard to imagine what role the cryptocurrency sector would play in global finance. Some argue that the invention of blockchain technology is comparable to the revolution brought on by the invention of the internet back in the 1980s. Starting as a niche space for....