{"id":147077,"date":"2021-01-04T22:43:00","date_gmt":"2021-01-04T19:43:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/"},"modified":"2021-01-04T22:43:00","modified_gmt":"2021-01-04T19:43:00","slug":"what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/","title":{"rendered":"# What lies ahead for crypto and blockchain in 2021? Experts answer"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2599e4365c7\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2599e4365c7\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#What_will_2021_bring_for_the_development_of_the_crypto_and_blockchain_space\" >What will 2021 bring for the development of the crypto and blockchain space?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#Brian_Behlendorf_executive_director_at_Hyperledger\" >Brian Behlendorf, executive director at Hyperledger:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#Brian_Brooks_Acting_Comptroller_of_the_Currency_of_the_United_States_Treasurys_Office_of_the_Comptroller_of_the_Currency\" >Brian Brooks, Acting Comptroller of the Currency of the United States Treasury\u2019s Office of the Comptroller of the Currency:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#Charles_Hoskinson_founder_and_CEO_of_IOHK\" >Charles Hoskinson, founder and CEO of IOHK:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#Da_Hongfei_founder_of_Neo_founder_and_CEO_of_Onchain\" >Da Hongfei, founder of Neo, founder and CEO of Onchain:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#Denelle_Dixon_CEO_and_executive_director_of_the_Stellar_Development_Foundation\" >Denelle Dixon, CEO and executive director of the Stellar Development Foundation:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#Elissa_Shevinsky_former_head_of_product_at_Brave_former_editor_of_Lean_Out\" >Elissa Shevinsky, former head of product at Brave, former editor of Lean Out:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#Emin_Gun_Sirer_CEO_of_AvaLabs_professor_at_Cornell_University_co-director_of_IC3\" >Emin G\u00fcn Sirer, CEO of AvaLabs, professor at Cornell University, co-director of IC3:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#Heath_Tarbert_Chairman_and_chief_executive_of_the_United_States_Commodity_Futures_Trading_Commission\" >Heath Tarbert, Chairman and chief executive of the United States Commodity Futures Trading Commission:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#Irene_Gao_Antminer_sales_director_of_the_NCSA_region_at_Bitmain\" >Irene Gao, Antminer sales director of the NCSA region at Bitmain:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#Jean-Marie_Mognetti_CEO_at_CoinShares\" >Jean-Marie Mognetti, CEO at CoinShares:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#Jimmy_Song_instructor_at_Programming_Blockchain\" >Jimmy Song, instructor at Programming Blockchain:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#Joseph_Lubin_co-founder_of_Ethereum_founder_of_ConsenSys\" >Joseph Lubin, co-founder of Ethereum, founder of ConsenSys:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#Mance_Harmon_co-founder_and_CEO_of_Hedera_Hashgraph_and_Swirlds_Inc\" >Mance Harmon, co-founder and CEO of Hedera Hashgraph and Swirlds Inc.:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#Mathew_Yarger_head_of_mobility_and_automotive_at_the_Iota_Foundation\" >Mathew Yarger, head of mobility and automotive at the Iota Foundation:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#Mike_Belshe_CEO_at_BitGo\" >Mike Belshe, CEO at BitGo:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#Paul_Brody_principal_and_global_innovation_leader_of_blockchain_technology_at_Ernst_Young\" >Paul Brody, principal and global innovation leader of blockchain technology at Ernst &amp; Young:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#Roger_Ver_executive_chairman_at_Bitcoincom\" >Roger Ver, executive chairman at Bitcoin.com:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#Samson_Mow_chief_strategy_officer_at_Blockstream\" >Samson Mow, chief strategy officer at Blockstream:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#Scott_Freeman_co-founder_and_partner_at_JST_Capital\" >Scott Freeman, co-founder and partner at JST Capital:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/buradabiliyorum.com\/en\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\/#Vinny_Lingham_CEO_at_Civic\" >Vinny Lingham, CEO at Civic:<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># What lies ahead for crypto and blockchain in 2021? Experts answer <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-5a136f3a>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 <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a> 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\u2019s 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.<\/p>\n<p>COVID-19 has revealed the dire need for solutions in economic efficiency and transparency, and most urgently within the healthcare sector. Further deployments of blockchain solutions will strengthen healthcare systems, if not revolutionize them, by helping both medical practitioners and patients globally. Despite promises to preserve citizens\u2019 private data during the global pandemic in the name of public health, the blockchain-based solutions storing COVID-19 data have raised serious concerns, as they don\u2019t seem to be private at all. While the potential of such emerging technologies is promising, to balance privacy with the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ropriate solutions should be a priority for those engaged in this industry. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>How has the COVID-19 pandemic affected the crypto space? Experts answer<\/em><\/strong><\/p>\n<p>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. With CBDC implementations coming closer, serious privacy concerns have been rightfully raised within the crypto community, as the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> represents another step toward a more centralized financial system. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Did CBDCs affect the crypto space in 2020, and what\u2019s next in 2021? Experts answer<\/em><\/strong><\/p>\n<p>On the other hand, people have been seeking alternative \u2014 and decentralized \u2014 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. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Was 2020 a \u2018DeFi year,\u2019 and what is expected from the sector in 2021? Experts answer<\/em><\/strong><\/p>\n<p>Amid the novel coronavirus pandemic, global governments began printing money, generating new concerns about the health of the financial sector and turning people toward alternative assets \u2014 cryptocurrencies. As a result, Bitcoin (BTC) proved itself as a hedge against inflation while its position as a store of value was strengthened, unlike in 2017.<\/p>\n<p><strong><em>Related: Did Bitcoin prove itself to be a reliable store of value in 2020? Experts answer <\/em><\/strong><\/p>\n<p>Serious institutional investors, hedge funds and other sophisticated financial players \u2014 such as Grayscale Bitcoin Trust, MicroStrategy, Square and PayPal, among others \u2014 entered the crypto space, and this tendency will most likely remain in the upcoming year. With more mainstream investors and service providers joining the industry, the real utility of digital assets will further drive cryptocurrency\u2019s mass adoption worldwide, which in turn will drive crypto charity and philanthropy. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Will PayPal\u2019s crypto integration bring crypto to the masses? Experts answer<\/em><\/strong><\/p>\n<p>With cheap and scalable, trustless systems, blockchain tech is improving supply chain efficiencies across many industries from blood donations to food enterprises, and there will most certainly be more DLT-backed use cases implemented across the globe. Some even argue that enterprise blockchain is the next step in economic architecture evolution, and that not taking this step alongside everyone else will be a grave mistake for large companies in 2021. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Unforgettable: How blockchain will fundamentally change the human experience<\/em><\/strong><\/p>\n<p>Last but not least is blockchain\u2019s potential in our efforts to combat climate change and global warming. Blockchain technology stewarding the environment will be crucial for the future, from sustainable digital finance and carbon emissions to eco-friendly crypto mining and transparent fuel use. As we enter the third decade of the 21st century, achieving the United Nations\u2019 Sustainable Development Goals without blockchain seems an impossible undertaking.<\/p>\n<p>Blockchain and crypto are not a panacea and won\u2019t solve all our problems, but their potential to improve the world would be unwise to ignore. Cointelegraph reached out to industry leaders and asked for their personal expectations for 2021 to gain some insight on the upcoming year in crypto and blockchain.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_will_2021_bring_for_the_development_of_the_crypto_and_blockchain_space\"><\/span>What will 2021 bring for the development of the crypto and blockchain space?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/4d272cfd-25e2-45d1-aab9-7943ca33ed30.jpg\"><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Brian_Behlendorf_executive_director_at_Hyperledger\"><\/span>Brian Behlendorf, executive director at Hyperledger:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u201cI have no magic 8-ball when it comes to predictions in the cryptocurrency space, though I suspect volatility will continue to be its defining feature. The use of blockchain, distributed ledger and smart contract tools will continue to grow as they have in 2020. <\/p>\n<p>Tighter economic times that are likely to continue in 2021 mean little room for proof-of-concept projects, but those conditions also often drive small and large enterprises towards greater cooperation rather than zero-sum marketshare battles \u2014 meaning more consortia efforts, more realistic expectations on returns from such efforts, and less hype and noise. We\u2019ve already seen some networks, like Food Trust, reliably achieve increasing value through network effects. <\/p>\n<p>If your industry doesn\u2019t yet have a DLT transaction network at the heart of its core business processes, it will by the end of 2021. And where there\u2019s competition, those blockchain consortia whose governance is most open and networks easiest to join will have the advantage.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/f9812551-a030-4c97-a450-77e678c8244e.jpg\"><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Brian_Brooks_Acting_Comptroller_of_the_Currency_of_the_United_States_Treasurys_Office_of_the_Comptroller_of_the_Currency\"><\/span>Brian Brooks, Acting Comptroller of the Currency of the United States Treasury\u2019s Office of the Comptroller of the Currency:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u201cCryptocurrency is to banking what the internet was to libraries. Just as the internet existed for a decade before 1995, its rapid adoption became possible only after it became accessible to everyone, not just programmers. <\/p>\n<p>In 2021, I expect to see the beginning of that same transition for cryptocurrency. I think we are approaching critical mass for much more ubiquitous acceptance of cryptocurrency as a tool for everyone to use, not just Silicon-Valley types. That acceptance is, of course, not guaranteed. Crypto developers, exchange operators and others need to stay focused on addressing concerns about Anti-Money Laundering compliance, fraud detection and prevention, and a host of other things that must be put to rest if the industry is to operate at scale.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/cd2924ea-f332-4c28-91c4-71dbe4f615d8.jpg\"><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Charles_Hoskinson_founder_and_CEO_of_IOHK\"><\/span>Charles Hoskinson, founder and CEO of IOHK:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u201cBlockchain is at a critical juncture. In order to fulfill the lofty promises of the technology and achieve widespread adoption, the industry needs to learn to work together. This isn\u2019t a new concept \u2014 in mainstream technology businesses rarely work in silos. We wouldn\u2019t, for example, expect a Samsung phone to only work with Samsung wireless routers, and we shouldn\u2019t expect this in crypto. If we keep taking the attitude that one platform needs to \u2018win,\u2019 then we risk shooting ourselves in the foot.<\/p>\n<p>2021 will be a crucial test of this. If companies can prioritise finding ways to interoperate, recognising that the industry will benefit from a rich ecosystem of partners, all working seamlessly together for the end user, then there is nothing stopping us from having our \u2018bluetooth moment\u2019 and replacing the global operating systems with solutions that are better and fairer for all participants.<\/p>\n<p>We could see blockchain adoption at an unprecedented scale in the developing world in 2021. For developing countries, the pace at which they can grow is often held back by a lack of foundational infrastructure. However, this could start to work in their favour. The agile capabilities of blockchain mean that it could scale to cater for entire populations, without the need for existing infrastructure. After a bumper year for blockchain development, the technology is finally mature enough to get them there.<\/p>\n<p>This could not only allow developing nations to grow at a much faster pace, but also means that they aren\u2019t encumbered with the challenges that developed countries face with overhauling existing legacy systems.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/4873a65e-8a8c-4a67-8400-0168027ba6d8.jpg\"><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Da_Hongfei_founder_of_Neo_founder_and_CEO_of_Onchain\"><\/span>Da Hongfei, founder of Neo, founder and CEO of Onchain:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u201cMoving forward, I believe 2021 could be the year that blockchain truly goes mainstream. Bitcoin already proved its value to mainstream investors in 2020 while DeFi projects affirmed blockchain\u2019s transformational power. Moreover, the COVID-19 pandemic revealed the various cracks in today\u2019s global system and the pressing need for more blockchain-powered solutions to overcome current limitations. <\/p>\n<p>Going into 2021, I do not see any of these aforementioned trends slowing down \u2014 if anything, they will only continue to accelerate as mainstream institutions increasingly embrace blockchain technology.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/39a4ecd3-3b4a-41ea-ac58-d5c147165836.jpg\"><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Denelle_Dixon_CEO_and_executive_director_of_the_Stellar_Development_Foundation\"><\/span>Denelle Dixon, CEO and executive director of the Stellar Development Foundation:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u201cWhile 2020 was far from the year most of us expected, I think it was an important year for blockchain and digital currencies. It demonstrated the positive impact blockchain can have to deliver payments faster and more efficiently. It set a strong foundation for the year ahead.<\/p>\n<p>In 2021, I believe we\u2019ll see more adoption of blockchain technology as we work to create consumer-friendly and connected products. For us at the Stellar Development Foundation, we\u2019re doing that by working to expand our base of anchors \u2014 organizations that issue fiat tokens and provide financial on-and-off ramps \u2014 to make it so that blockchain technology is seen as useful, versatile and scalable. These anchors will better support the most common use cases we see for next year, B2B cross-border payments and C2C cross-border remittances, and encourage additional applications to come to the market.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/f100231a-b263-4fc3-b819-29fb4c858d6a.jpg\"><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Elissa_Shevinsky_former_head_of_product_at_Brave_former_editor_of_Lean_Out\"><\/span>Elissa Shevinsky, former head of product at Brave, former editor of Lean Out:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u201cI think the well-funded players will continue to execute and keep up crypto business. Bitcoin will continue to be <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>worthy. I think we\u2019ll see more corporate and less independent things, due to the way funding is being distributed right now.<\/p>\n<p>I believe that 2021 will be an extension of 2020 in many ways, as opposed to a year where we see a dramatic change. 2021 will see a lot of optimism, as people get the vaccine and life starts to feel more \u2018normal.\u2019<\/p>\n<p>I\u2019m seeing increasing distrust in governments and lack of trust in how countries are handling financial policies and basic functions. Did you know that the recent cyberattack (using SolarWinds, Microsoft, etc.) included a breach into the U.S. Treasury? Would you invest in the U.S. dollar? That\u2019s what you are doing when you keep dollars in your savings account. All of this makes me bullish on crypto.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/b557ac79-85ea-4007-ba05-b24cc8ff09eb.jpg\"><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Emin_Gun_Sirer_CEO_of_AvaLabs_professor_at_Cornell_University_co-director_of_IC3\"><\/span>Emin G\u00fcn Sirer, CEO of AvaLabs, professor at Cornell University, co-director of IC3:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u201cIn 2021, DeFi will become a cross-chain ecosystem, with users finding and pursuing yield opportunities with the same assets across multiple chains via bridges. We\u2019ll also see many use cases launching for the first time, as developers explore networks capable of sub-second finality and much more economical fees than what they currently work with.<\/p>\n<p>Meaningful decentralization \u2014 as measured by the number of full nodes participating in consensus \u2014 and on-chain governance will move closer to the forefront, as users and newer entrants into crypto become more aware of how centralized many blockchains are, and the risk that introduces.<\/p>\n<p>Finally, we\u2019re going to see institutions and enterprises begin to move beyond just buying cryptocurrencies as an investment, to also building real applications and infrastructure on platforms that can meet their performance requirements and be customized to their data and compliance mandates.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/863fb446-c6f1-4518-8047-e331de0fa4c9.jpg\"><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Heath_Tarbert_Chairman_and_chief_executive_of_the_United_States_Commodity_Futures_Trading_Commission\"><\/span>Heath Tarbert, Chairman and chief executive of the United States Commodity Futures Trading Commission:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u201cDigitization of markets is a macro trend. Of course, digital assets are part of that. Digital assets and their underlying technology are pushing conventional boundaries. I am going to make a relatively safe prediction, which is that this is going to continue to be a vibrant and active space.<\/p>\n<p>Digital assets, and in particular the underlying blockchain technology, have great promise for our economy and for global markets overall.<\/p>\n<p>Innovation in this space must continue to thrive. The financial services industry from my parents\u2019 generation \u2014 or even from when I was growing up \u2014 is not what it is today. And I do not expect today\u2019s to be the same as for my grandkids. Markets must continue to evolve. We have seen firsthand how these markets \u2014 and especially these technologies \u2014 do not have geographic borders. It is important for regulators to develop coordinated principle-based approaches to this ever-changing industry.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/9ad300bf-fd2c-47aa-a1b3-0bcc104632af.jpg\"><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Irene_Gao_Antminer_sales_director_of_the_NCSA_region_at_Bitmain\"><\/span>Irene Gao, Antminer sales director of the NCSA region at Bitmain:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u201cThe current bull run is different from 2017. Unlike previous years, we\u2019re shifting from retail speculation to mainstream market integration. We\u2019ve already seen increased interest from financial institutions and regulators alike, and this will only continue in 2021.<\/p>\n<p>Planned mining deployments delayed by the COVID-19 pandemic are likely to resume, particularly in the U.S. As such, next year, we will likely see greater diversity in Bitcoin mining as U.S. miners expand their operations. We have enhanced the efficiency of our Malaysia factory to cater to more of our overseas customers and have improved cooperation with our clients to further assist with the continuous expansion of their mining operations.<\/p>\n<p>We are confident of moving towards 2021. We are improving our services to our clients. Recently, we extended the warranty of our Antminer 19 <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">Series<\/a> from six to 12 months and have begun cooperating with more local partners from different regions to offer better support globally.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/05c123be-061e-4243-9c1f-be0157ef40be.jpg\"><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Jean-Marie_Mognetti_CEO_at_CoinShares\"><\/span>Jean-Marie Mognetti, CEO at CoinShares:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u201cDuring 2020, Bitcoin exhibited similar patterns to the ones seen in 2013 and 2017. The price movements and trade volumes also demonstrate that trading, especially Bitcoin trading, has a type of kinetic energy. If this trend were to continue, it is possible that we will see Bitcoin following a parabolic move in 2021.<\/p>\n<p>We will likely see a continued increase in the number of institutional investors and corporates adding Bitcoin and digital asset investment vehicles to their portfolios. This will result in some Bitcoin investment vehicles, like CoinShares\u2019 ETP and Grayscale\u2019s Bitcoin Trust, continuing to acquire more Bitcoin than can be mined on a daily basis \u2014 a pace that is likely to accelerate in the new year. I believe we are about to see a repeat of 2017 or 2013\u2019s trends in 2021, albeit in a much more structured, less emotional way, unless a six sigma event occurs that interrupts the market\u2019s kinetic momentum.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/96bd603e-661f-41fc-a7e3-aa94b3f8eb10.jpg\"><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Jimmy_Song_instructor_at_Programming_Blockchain\"><\/span>Jimmy Song, instructor at Programming Blockchain:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u201cHuge bull market and a lot more institutional investors. I don&#8217;t think anything from the blockchain space will have any impact whatsoever, much like the past six years. Crypto will be largely for new investors who will learn that anything other than Bitcoin is really a scam.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/4d397e96-b7f6-47c4-8578-435c631611af.jpg\"><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Joseph_Lubin_co-founder_of_Ethereum_founder_of_ConsenSys\"><\/span>Joseph Lubin, co-founder of Ethereum, founder of ConsenSys:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u201cI think that DeFi will become more relevant to normal people and the tech used to interact with it will be even more user friendly.<\/p>\n<p>I\u2019m also still predicting the parts of the Web 3.0 \u2014 decentralized storage, bandwidth and value \u2014 to be further integrated with each other. We spent a year collaborating on a bridge between Filecoin and Ethereum through Codefi DeFi Bridge, and Infura\u2019s IPFS service transferred more than 300 TB of data this year alone. Web 3.0 is showing potential to provide more open content creation, the ability to publish, participate, create, run e-commerce, communication, video, etc.<\/p>\n<p>We\u2019ll also closely be participating in the scaling of Ethereum, both with our research contributions to Eth2, our client team Teku, Codefi Staking, and Infura\u2019s Beacon Chain API. Merging Eth1 and Eth2 may happen in 2021, and we look forward to a more flexible and scalable settlement layer for the planet.<\/p>\n<p>In the early 1990s, you couldn\u2019t buy anything legally on the internet \u2014 we are now seeing the same democratization in the financial industry. We\u2019ve replaced bank books and calls to stockbrokers with online interfaces. The distribution of financial services that are accessible to anyone itself is a major achievement, and we think this will continue to take off in 2021. I feel that the 21st century is just about to start in 2021.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/0e9db12b-7c0a-4887-a40f-646bc3e294e5.jpg\"><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Mance_Harmon_co-founder_and_CEO_of_Hedera_Hashgraph_and_Swirlds_Inc\"><\/span>Mance Harmon, co-founder and CEO of Hedera Hashgraph and Swirlds Inc.:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u201cIn 2021, the intersection of three trends \u2014 tokenization, DeFi and business logic moving to layer two \u2014 will pave the way for enterprise adoption of public DLT networks. These trends, combined with tough lessons learned from attempted private network deployments, have caused enterprises to be amenable to public DLT networks in ways they were not previously.<\/p>\n<p>Today, digital tokens are being designed for economic activity within supply chains, not just as a way for startups to raise capital. The combination of tokenization, fiat-backed stablecoins, and DeFi \u2014 the underlying technology, not the short-term hype \u2014 will make traditional financing operations faster and less costly, fundamentally changing the existing processes for purchase order financing, obtaining loans for working capital, purchasing insurance, securing inventory financing and invoice factoring.<\/p>\n<p>And enterprises are realizing that they can have their applications execute business logic in layer-two networks and simply use layer one for consensus and arbitration. This approach combines the benefits of public networks (distributed trust) with the benefits of private networks (low cost, scalability, privacy and regulatory compliance).<\/p>\n<p>The intersection of these trends will provide the foundation for enterprises to use DLT in routine business transactions, driving significant acceleration in enterprise adoption in 2021.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/1903d427-9b5a-4a57-83ef-288cd3fdc646.jpg\"><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Mathew_Yarger_head_of_mobility_and_automotive_at_the_Iota_Foundation\"><\/span>Mathew Yarger, head of mobility and automotive at the Iota Foundation:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u201c2021 is going to be a year of hybrid DLTs, interoperability and real-world integrations. We\u2019re going to see it as a big transition year for the DLT space. Moving forward from the faulty mindset of \u201cDLT is the cure\u201d to the realistic understanding that DLT is a tool, just like artificial intelligence and cloud services. <\/p>\n<p>We should see a growing understanding that some DLTs are good for some things, while others are good for other things, and they can be combined in interesting ways for interesting solutions. Other big themes to watch out for include: interoperability between permissioned and permissionless DLTs for business applications, connection of IoT focused DLTs to cloud-hosted DLT environments, verification of key insights using DLT for consumer-facing solutions, and testing of more secure architectures in real-world environments predominantly in healthcare, energy, mobility and supply chain solutions where the ecosystems are highly fragmented or highly regulated.<\/p>\n<p>There are a lot of pragmatic and exciting things that are going to permeate through technology, affecting traditional tech companies with them showing strong commitments in the DLT space, and pushing their technologies in new and interesting ways.\u201d <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/cd17c82e-28a5-45a9-8dba-f7bb063d6b69.jpg\"><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Mike_Belshe_CEO_at_BitGo\"><\/span>Mike Belshe, CEO at BitGo:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u201cWe believe 2021 will be the year institutional investors accept and agree with the Bitcoin thesis: that scarcity of the asset is paramount to long-term value. As such, we expect 2021 to be a very strong year for BitGo and the industry as a whole. A combination of factors brought on by the global COVID-19 pandemic, the influx of institutional investment and the bull run of Bitcoin will continue to accelerate growth and attract new investors on both the retail and institutional side in the new year.<\/p>\n<p>Longer term, we also see tremendous potential as the future of money depends on a transparent, cost-efficient way to conduct business across borders, as well as help people around the globe have greater access and freedom to build financial security. We feel strongly that we will continue to accelerate growth in 2021 and attract new investors on both the retail and institutional side.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/16004b80-6765-4f63-8e2f-a22ab522344f.jpg\"><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Paul_Brody_principal_and_global_innovation_leader_of_blockchain_technology_at_Ernst_Young\"><\/span>Paul Brody, principal and global innovation leader of blockchain technology at Ernst &amp; Young:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u201cAdoption of the Ethereum mainnet by enterprise customers and early-stage adoption of privacy-enabled DeFi by enterprise users. Rapid maturing of DeFi security and audit tools. Early adoption of decentralized business applications beyond finance. A shift from DApps to ZApps \u2014 zero-knowledge applications that do the same work, but support user privacy. First regulatory frameworks that specifically cover fiat-currency-linked stablecoins and their use in consumer and business applications.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/708924ea-985f-4360-80e8-65e325f883e8.jpg\"><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Roger_Ver_executive_chairman_at_Bitcoincom\"><\/span>Roger Ver, executive chairman at Bitcoin.com:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u201cNearly every year has been better than the year before. I don\u2019t think this is going to change for 2021.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/38eb62d4-2bc3-4e99-9235-6d95d6c67449.jpg\"><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Samson_Mow_chief_strategy_officer_at_Blockstream\"><\/span>Samson Mow, chief strategy officer at Blockstream:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u201cIn 2021 we\u2019re going to see Bitcoin make incredible gains as more and more institutional players jump in. However, we\u2019re also going to see a tidal wave of shitcoinery wash over the retail market as scammers try to ride on Bitcoin\u2019s aura to enrich themselves.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/7001bdd1-930c-4b80-b5d5-67945b5168a6.jpg\"><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Scott_Freeman_co-founder_and_partner_at_JST_Capital\"><\/span>Scott Freeman, co-founder and partner at JST Capital:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u201cWe think a lot of these existing trends around institutionalization will continue and expect to see a lot of growth, particularly within decentralized credit and decentralized derivative offerings over the next 12\u201318 months. <\/p>\n<p>We think that investors will start looking at crypto a bit differently, as people view Bitcoin more as a store of value and start looking at the utility value of other coins. This could lead to a reduced correlation between traditional crypto assets and greater investment opportunities.\u201d<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/b7eb9f2c-880b-4821-89f5-7cdac81fda2a.jpg\"><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Vinny_Lingham_CEO_at_Civic\"><\/span>Vinny Lingham, CEO at Civic:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\u201cThis year was a warm-up for next year. In 2021, we\u2019ll see decentralized storage, decentralized finance and non-political currencies take off. <\/p>\n<p>My picks for top performers are Bitcoin, Ether and Filecoin. However, Ethereum scaling issues need to be resolved next year if we expect to see continued success in 2022.\u201d<\/p>\n<p class=\"post-content__disclaimer\"><em>These quotes have been edited and condensed.<\/em><\/p>\n<p class=\"post-content__disclaimer\"><em>The views, thoughts and opinions expressed here are the authors\u2019 alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.<\/em><\/p>\n<p class=\"post-content__disclaimer\"><em>This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<\/em><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/what-lies-ahead-for-crypto-and-blockchain-in-2021-experts-answer\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# What lies ahead for crypto and blockchain in 2021? Experts answer &#8221; 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&#8230;<\/p>\n","protected":false},"author":1,"featured_media":147078,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/72396fc5-26ee-43c4-ac1f-5dfc8157f967.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[15047,74862,74894,74863,74868,75238,75356,75568,74355,28433,1545,10595,5047,70934,76751,4965],"class_list":["post-147077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-privacy","tag-bitcoin","tag-blockchain","tag-cryptocurrencies","tag-defi","tag-financial-services","tag-future-of-money","tag-supply-chain","tag-adoption","tag-charity","tag-coronavirus","tag-environment","tag-health","tag-regulation","tag-sustainability","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/147077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=147077"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/147077\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/147078"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=147077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=147077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=147077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}