Crypto Assets, Blockchain’s Bright Future Were On Full Display At Consumer Technology’s CES 2019
CES Depicts Bright Future For Crypto
Over 180, 000 technology experts flocked Las Vegas this year for the Consumer Technology Association’s CES trade show. It was perhaps one of the biggest crypto-trade shows ever held all over the world, with over 2.7 million net square feet floor exhibit space. Well, it was an opportunity for the crypto investors to acquit themselves with the emerging trends in the rapidly changing blockchain and the crypto world.
It was a WOW! The show exhibited vast innovation with regard to blockchain and cryptocurrency tech. Here are some of the ideas you should appreciate as a crypto investor this year.
Cryptocurrency Hardware Wallets
You might be in doubts about hardware cryptocurrency wallet. It is now confirmed, they are legit!! Both Ledger and Trezor brands stole the show with some incredible hardware wallets exhibit. Thanks to Ledger, we now have NANO X, an advanced version of NANO S. it is a Bluetooth-enabled hardware wallet with the ability to hold six times more crypto assets than NANO S. it has a capacity of up to 100 crypto assets. It was also a breakthrough for Trezor with Trezor Model T hardware wallet.
It Is Now Mobile-First
Renowned personalities such as IBM’s Jason Kelley made it clear that blockchain tech is key to the accomplishment of the Internet of Things (IoT). According to EY’s Louise Keely, cities around the world have begun appreciating blockchain tech in their endeavors to create a mobile-first world.
The effectiveness and efficiency of the use of video games and other media platforms as marketing tools have raised concerns in the blockchain world. Advertisement agencies have lost close to $20milion in advertisement frauds. Representatives from BTC Inc., Nexus and Entertainment AI made detailed presentations on the progress on revolutionizing the media and entertainment sector to help curb these loses.
Cryptocurrency For Transactions
Retail traders all the world have disregarded the use of cryptocurrency to make payment, concerns being directed to the volatility of the cryptocurrency. Throughout the session, the speakers provided vital information concerning the viability of cryptocurrency as a means of payment for retailers. Most importantly, blockchain and currency stakeholders held purposeful meetings to help establish crypto as a currency and technology. Brock Pierce and Steven Becker from Bitcoin foundation and MakerDAO respectively, participated in these debates.
Besides, Pundi X(NPXS) unveiled “Function X, ” a blockchain-based phone. The piece runs on Android 7.0. Plans are underway to have over 5000 pieces released to the market in 2019. It will enhance blockchain-based transaction.
ICOs and STOs
The migrations of ICOs to STOs loomed the crypto world in 2018. It wasn’t expected that the topic would feature, but it was time for a confession! Rob Pegoraro from USA Today was first in line. He pinpointed the plight of ICOs with references stories from other people.
Draper (Trezos) and Matthew (Bloq) followed suit with interesting personal experiences with ICOs. The migration isn’t stopping any time soon.
These ideas depict a bright future for blockchain and crypto investors. Looks like 2019 has kicked off with a bang for the crypto community.