Top 7 blockchain technologies trends to watch in 2024
Introduction Blockchain technology has been around for over a decade, but it has only recently begun to gain widespread adoption. In 2024, we can expect to see even more businesses and individuals using blockchain for a variety of applications. Here are seven of the top blockchain technologies trends to watch in 2024: Decentralized Finance (DeFi) DeFi is a system of financial applications that run on top of a blockchain network, such as Ethereum. DeFi applications allow users to access financial services without the need for a central authority, such as a bank. In 2024, we can expect to see even more DeFi applications being developed, as well as increased adoption of DeFi by businesses and individuals. Centralized Blockchains Centralized blockchains are blockchain networks that are controlled by a single entity, such as a company or government. Centralized blockchains are often faster and more efficient than decentralized blockchains, but they are also more susceptible to censorship an