Who did the most for real-world crypto and blockchain adoption in 2020?
2020 has been an epic year for crypto and blockchain, but some did more than most to help spur adoption. In future years, it’s possible that 2020 will be seen as a watershed moment for cryptocurrencies. When Black Thursday hit in March, it wiped billions off the markets in a matter of hours. Anyone would have been forgiven for thinking recovery would take years. But by December, Bitcoin (BTC) has gone on to achieve a new all-time high, breaking the $20,000 resistance and almost reaching $24,000 in the process. This has come at the end of the first year in Bitcoin’s history where it was....
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Venezuela has been listed as the third country with the most cryptocurrency adoption in the world by Chainalysis in its 2020 report. With its citizens coping with crippling inflation and losing purchasing power, the country has taken a turn for these assets to survive. But what are the real numbers behind this crisis that made Venezuelans change their whole way of living? How Venezuela Adopted Crypto: The Numbers It is a popularly known fact that Venezuela is one of the countries that have adopted cryptocurrency with the most force in LATAM. This was corroborated by Chainalysis in its....
The adoption of blockchain technology and the use of cryptocurrencies by people in Africa surged to unprecedented levels in 2020. While many have attributed this to Covid-19, blockchain advocates believe their work is partly the reason many are turning to digital currencies. Importance of Education Starting in the first quarter of 2020, the adoption of blockchain-anchored digital currencies such as bitcoin accelerated in regions like Africa where the number of financially excluded adults is still very high. Indeed, the blockchain and cryptocurrencies have proved to be tailor-made for the....
DIGITALAX, a digital fashion focused NFT protocol on Ethereum, launched less than 2 months ago at the end of October and is already making headlines. It is the first NFT protocol to have its digital fashion wearable NFTs recognized by a non-blockchain gaming company— the leading silicon valley based virtual experiences platform, Youcanevent. DIGITALAX x Youcanevent DIGITALAX describes themselves as the first digital fashion toolkit on Ethereum. They are an extremely ambitious team and definitely not your average crypto project. DIGITALAX was founded by CEO, Emma-Jane MacKinnon-Lee, a....
89% of all traded security tokens are for real estate, suggesting that the blockchain industry may be primed for further adoption of real estate NFTs. Real estate is an asset class that is ripe for integration with blockchain technology. Security tokens cover many categories but are dominated by real estate. The Cointelegraph Research Terminal is hosting a 33-page report by Security Token Market, a data and media firm, that covers the current state of real estate security tokens and the potential for continued adoption. If you represent a real estate firm or have a portfolio that....
Real-world adoption and a growing DeFi ecosystem help lift the price of WAVES to a new all-time high. Real-world adoption and the ability to service the needs of a wide range of industries are key qualities to have for blockchain projects that seek long-term viability in an increasingly crowded and evolving landscape. One cryptocurrency project from 2016 that has seen its price breakout to new highs in May is Waves (WAVES), a multi-faceted blockchain protocol that has seen significant growth in 2021 thanks to recent strides in decentralized finance (DeFi), nonfungible tokens (NFT) and....