Blockchain and the Metaverse make inroads at Consumer Electronics Show

Blockchain, metaverse and NFT innovation are set to make a splash at the Consumer Electronics Show (CES) occasion in Las Vegas today.

The CES is a yearly occasion that includes exhibits of the most recent tech developments and keynote speeches from giants such as LG, Samsung, Amazon, Nvidia and Sony.

This year’s occasion runs in betweenJan 5 andJan 7 and will host more than 2200 exhibitors, with crypto and NFT business a significant addition to the seasonal device makers and television producers.

In regards to the blockchain sector, the exhibitors organized under the cryptocurrency classification consist of the derivatives and NFT exchange FTX, NFT platform Blockparty and NFT Software and hardware designersAtomic Form

The occasion’s keynote speeches will include crypto figures consisting of Filecoin founding director Clara Tsao, Celsius Network primary development and item officer Tushar Nadkami, Coinbase primary policy officer Faryar Shirzad and Art Blocks Inc creator and CEO Erick Calderon among others.

“Are stablecoins really stable? How are traditional banks embracing crypto? Should my company be accepting crypto payments? We tackle the big questions with today’s top experts,” the sneak peek for the Decrypting Crypto panel states. The lineup consists of Nadkami, Tsao, Transform Ventures CEO Michael Terpin and Blockchain Association executive directorKristin Smith

According to conference organizer the Consumer Technology Association, numerous leading brand names will utilize their areas at the occasion to check out and promote advancements in Metaverse tech such as “hardware, software, and the blockchain and crypto.”

Speaking on Samsung’s prepare for CES the producer just recently increase its blockchain efforts by revealing an NFT platform for its brand-new wise TVs CTA senior supervisor of market intelligence Brian Comiskey informed The Australian that:

“We’ll really be looking at Samsung. Their smartphone advancements at the show will be an interesting area to watch from the hardware Metaverse side. Their televisions are even going to be showcasing what they can do for the Metaverse.”

“They’re really trying to be a one-stop hub for various internet-based economies and technologies,” he included.

Comiskey made some bullish declarations on crypto, blockchain tech and NFTs when discussing the interest from traditional companies, identifying them the “future evolution of payments and what trade looks like” that will increase along with theMetaverse

“I think NFTs and cryptocurrency really represents an opportunity for blockchain to become more popular with consumers,” he stated.

Related: NFTs discover real energy with the development of the Metaverse in 2021

Speaking to the Wall Street Journal onJan 4, Maribel Lopez, the primary expert at tech research study analysis company Lopez Research stated that while NFTs and the Metaverse are still brand-new to numerous leading tech companies, highlighting the bleeding edge of the blockchain sector in 2022 fits the vision behind the yearly CES occasions.

“Are we a little ahead of our skis on the topics of Metaverse and NFTs? Yes. But that’s kind of what CES is about.”



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