Top 7 Biggest Blockchain trends to follow in 2022-2025

Blockchain is bringing the biggest revolution in the field of technology. In the past decade companies, organizations
and people are more adoptive of this technology. And as and when
humans find a scope of change, technology updates in better form and use. 2022 to 2025 will
be the most vigorous period for blockchain trends as the government also gets in for this
technology. In some or other way when the government is promoting the technology it has a
bright future. Blockchain has brought the best emerging trends in important sectors of the
country like Healthcare, Real estate, Education, Manufacturing and Finance.

Blockchain technology has changed the formation of the traditional contract method and brought
an innovative way of transactions across the globe. It has changed the face of some traditional
online services.

Here we are coming up with a few top emerging trends of blockchain technology that creates a
revolution in the usage, flexibility, transparency, and acceptance of the tech industry.

• Development of IOTA

IOTA is a ledger designed to record and execute transactions between machines and
devices. IOTA enables faster and more efficient transactions in blockchain technology.
In simple terms, The data exchange medium between man and machine.

IOTA does not follow blockchain technology like other cryptocurrencies, it uses a new
platform called tangle. Tangle uses a mathematical concept known as Directed Acyclic
Graphs (DAG). Here, speed and network efficiency depend on the number of users.

IOTA can solve many problems occurring in the blockchain system. It does not charge
fees and it can solve scalable problems.

Still, many flaws are overcome in the usage of IOTA. Flaws like transparency and
security issues and data leakage issues occurred at the time of its operation. However,
this may be a challenge for the tech industry to overcome these issues and make it safe
for them to use.

A great scope of IOTA in the future of blockchain technology is the biggest trend as it
has overcome the speed issues which blockchain suffers in transactions.

• Hyperledger

Hyper ledger is an open-source distributed ledger hosted by the Linux Foundation
to support the development of blockchain technology.

Hyper ledger offers various frameworks, standards, tools, guidelines to build various
blockchain applications which are used across industries. Using the hyper ledger the
businesses can optimize the use of blockchain and can receive Modular blockchain
solutions.

Hyperledger can simplify the operation of industries like finance, education, banking, IoT,
Manufacturing and many more. Many giant companies like JP Morgan, Visa, American
Express, IBM, Samsung, Microsoft have already accepted Hyperledger.

• Introduction of CBDC

Central Bank digital currency is an electric form of central bank money. CBDC are not
cryptocurrencies but are similar to cryptocurrencies the only difference is centralized
acceptance. CBDC is a legal national digital form of money.

Recently published the union budget 2022 of India notifies cryptocurrencies as legal and
levied 30% tax on income. Moreover, the RBI will issue digital currency from 1 April
2022.

A kind of fiat currency that does have its value but the government creates value for it.
It is not traded for a value of a commodity.

CBDC uses a wallet based on blockchain technology and entirely depends on the
Reserve Bank of India. This currency is more structured and transparent than other
cryptocurrencies.

• DeFI adoption

Defi growth has been the biggest trend over the last few months.

Defi stands for Decentralized finance. A finance system that removes the roles of
intermediaries and transactions possible with Smart contracts.

Smart contracts are pre-decided transactions that are executed following all the
conditions of the Contract.

DeFI is associated with high risk as no one is taking responsibility for your money, only
you are responsible for executing the contract.

India is the 6th country to accept the Defi platform.

A decentralized platform uses blockchain technology and an ethereum network that
operate in lending platforms.

• Certificate Verification through Blockchain

It is one of the biggest blockchain trends that leads to simplifying various problems of
recording.

Once the certificate is recorded on the Blockchain it stays forever. Anyone can verify
from anywhere by just using the unique identification code.

• Improved interoperability between blockchains

When programs, systems and technologies work without any restrictions then it is called
interoperability. It is defined as a process of operating among blockchains. It allows the
blockchain to interoperate data with one another. Interoperability is a way through
which blockchain communicate their data internally.

Blockchain trends have improved its interoperability which brings more transparency and
makes the whole process easy to understand.

However, blockchain is not a fully accepted interoperability, some communication gaps
are there. Which may be considered as a scope to improve in 2022 to 2025 duration.

• NFTs

NFTs stands for Non Fungible Tokens. NFTs are creating a revolution and bringing new
inspirations in the field of art service. Many talented art creators can register their unique
art at NFTs. The appreciator will pay the demanded price for it.

Still, some flaws like the overvaluation of arts and the auction-based price deciding
factors diminish the true importance of art valuation.

Conclusion

These are the top biggest trends of 2022 to 2025 in block chain technology. Many innovative
and easy solutions are attainable due to block chain technology. The future world of block chain
technology looks very promising. While the world is cherishing the accomplished blockchain
projects there are huge chances of innovative solutions in certain trends listed above.