Blockchain experts say 2021 is poised to see better adoption and venture capital investment in the space. They point to more financial services apps built using blockchain technology, along with more widespread acceptance of cryptocurrency, as bolstering the favorable forecasts.
“We’re really excited about the wave of entrepreneurs eager to make decentralized finance available for the masses,” he said. “2021 will introduce the birth of mass-adoption inspired consumer-facing apps that will allow more people to tap into high yield generating decentralized financial protocols. It must be simple, clean, and to the point. All these additional features and navigational barriers are stifling adoption.”