Weekly review calendar week 14 – 2022

What happened this week around blockchain and cryptocurrencies? The most relevant local and international events as well as appealing background reports in a pointed and compact weekly review.

Selected articles of the week:

In order to ensure an ever increasing demand for crypto applications, their access must equally be made suitable for the masses. Users of popular applications such as Metamask or Opensea were previously forced to already have crypto on hand in their wallet in order to use these applications. By integrating traditional payment services like Apple Pay and Visa, the two worlds are merging and the web3 is opening up to a wider audience.

The unique properties of cryptocurrencies are gradually unfolding their full potential. They bring financial sovereignty to the user and thus also have a visible role in the Ukraine conflict or in developing countries. Proper regulation of this new financial system is the key to global adoption.

NFTs have the potential to fundamentally change the music industry. As a kind of digital asset, music NFTs offer new ways for creators to market and sell their content. Musicians can realize much higher rewards as they do not need an intermediary music label.

Often regarded as mere financial speculation in the western hemisphere, cryptocurrencies are demonstrating their fundamental properties in other parts of the world. Small and medium-sized enterprises as well as individuals in third-world countries use Bitcoin in everyday trade. Book author and Bitcoin advocate Anita Posch on her crypto background, women in the blockchain scene and Bitcoin’s importance in developing countries.

In addition: With a monthly trading volume in the triple-digit millions, Solana’s NFT ecosystem is second only to Ethereum’s. Until recently, alternative NFT marketplaces such as Magic Eden and Solanart have dominated on this blockchain. Now, market leader OpenSea is entering the ring by integrating Solana NFTs on its platform.

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We wish insightful reading and a peaceful weekend
CVJ.CH Editors

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