We are excited to announce the release of the 10th issue of our State of Crypto magazine, titled “The Top Use Cases: How Crypto is Changing the World”. This edition provides an in-depth look at six transformative use cases of crypto technology, demonstrating how it’s reshaping the world around us.
•Bitcoin: An international hedge against wealth confiscation and counterparty risk, Bitcoin has emerged as a store of value, particularly in countries with high inflation and economic uncertainty.
•USD stablecoins: Offering near-instant and cheap cross-border payments with digital dollars, crypto is set to disrupt the $37 trillion cross-border payment industry.
•Data storage: Blockchain-based data storage solutions protect against data loss and censorship, preserving humanity’s most essential information securely and cheaply.
•Digital identity: Blockchains can protect identification documents from loss, damage, data breaches, and identity theft.
•NFTs: Non-fungible tokens (NFTs) and smart contracts are democratizing revenue for artists and musicians, allowing them to retain more than 98% of the revenue generated by their work.
•Decentralized IDs: Despite accounting for just 0.07% of the crypto industry’s market value, over four million people already use the top decentralized IDs.
Whether you’re a seasoned investor or just getting started, this report is a must-read for anyone interested in this disruptive industry. Check out our latest issue to learn more about how crypto is already being used worldwide! 🌍🚀
Research Newsletter
Each week the 21Shares Research team will publish our data-driven insights into the crypto asset world through this newsletter. Please direct any comments, questions, and words of feedback to research@21shares.com
Disclaimer
The information provided does not constitute a prospectus or other offering material and does not contain or constitute an offer to sell or a solicitation of any offer to buy securities in any jurisdiction. Some of the information published herein may contain forward-looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and that actual results may differ materially from those in the forward-looking statements as a result of various factors. The information contained herein may not be considered as economic, legal, tax or other advice and users are cautioned to base investment decisions or other decisions solely on the content hereof.
