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2. The acceptance of Bitcoin by some of the top banking companies such as Visa and MasterCard has
paved the way for crypto coins in the banking system. It looks like other big names might follow the same
suit. The advantage of using blockchain technology can help ease the transaction and make them
relatively cheaper to use for both people and companies. Additionally, its usage will lead to the utilisation
of multiple products and services in the web3 and future networking system.
Integration in the banking system
3. Since Facebook's announcement of rebranding, itself as the metaverse. The word has gained
momentum in the tech world. However, the web will be much more vast and advanced than any of us
can imagine. The power to fuel that network is going to be blockchain. It offers the opportunity to build
and create the next generation platform and NFTs. It is set to innovate the use of technology and the
web place and make it much more accessible for all.
Inclusion in the metaverse
4. The current blockchain technology uses a lot of energy and as a result emits carbon emissions.
Understanding the concern, creator's are working upon ways to make the technology environment
friendly to use. The introduction of proof of stake models and carbon offsetting is currently the best
method. The cryptocurrency Etherum 2.0 is set to include POS networks for its usage.
Adoption of green and sustainable blockchain
5. Blockchain technology is interesting for every tech developer. The opportunities to explore the
depths of utilising the network are unlimited. Currently, cryptocurrencies and crypto exchanges
around the world have only started using the network up to its potential. The year 2022, will see a
rise in better and advanced crypto's as well as new ways of using the network will be created. One
thing is clear, that blockchain technology will only integrate more into our lives as we step into the
future.
Conclusion