What Lies Ahead for Crypto and Blockchain in 2021? Experts Answer

Photo: Coin Telegraph

(Coin Telegraph) - It would be fair to admit that after 2020 and all it has put us through, making any predictions for the upcoming year is most likely to be a game of blindfold.

Meanwhile, I am certain that humanity has much to learn from its past transgressions, and will move forward by correcting our mistakes and weaknesses. That’s what we always do.

Undoubtedly, the major driver of our development this year was the COVID-19 outbreak. The effects of the ongoing global pandemic on every aspect of our lives will form our future, and there are some tendencies we started last year that will most likely continue in 2021.

By driving our technological development into the future, the pandemic has also had a significant and ambitious impact on the financial sector.

On one hand, governments all over the world have made great strides in the development of central bank digital currencies this year.

On the other hand, people have been seeking alternative — and decentralized — solutions, which led to the unprecedented rise of the decentralized finance sector witnessed this year. Both trends will certainly remain central to the upcoming year.

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