The vision of a new world created by blockchain is becoming a reality. Jesse Pollak, protocols leader at Coinbase, predicts a spectacular increase in cryptocurrency adoption over the next decade, where as many as 8 billion people will become active on-chain.
Huge blockchain adoption ahead
The last decade has been a period of intense growth for the cryptocurrency industry, and Coinbase, as one of the leaders in this market, has also been looking for new ways to innovate. Jesse Pollak emphasized during an interview that their commitment to developing the Base platform, based on Ethereum, is to create a space where developers can develop useful products. Coinbase wants cryptocurrencies to stop being just a trading tool and become a platform for diverse fields such as art, music, games and many other consumer products.
According to Pollak, the adoption of cryptocurrencies is happening before our eyes, and soon blockchain technology will change the lives of billions of people. Imagine a world where everyone has equal opportunity and access to the same products and services, regardless of where they were born or lived. It’s a vision that delights and motivates people to action.
Impediments to success
Of course, to achieve this goal, we must remember that not everyone has access to the Internet. Currently, only 5 billion people use the global network, which shows that there are still many challenges to overcome. However, with the advancement of technology, conquering new areas and increasing the number of blockchain users will become a realistic goal.
Coinbase’s prediction is not unique. Other major institutions, such as Deutsche Bank and Citi, also see potential in the mass adoption of cryptocurrencies. Citi predicts that the development of central bank digital currencies (CBDCs) and the tokenization of real assets, will greatly accelerate adoption.
Huge opportunities for blockchain technology and the world of cryptocurrencies
We can now imagine a world in which blockchain becomes the foundation for a new era of finance and technology. It’s a world where 8 billion people live in a decentralized reality, and everyone has the chance to use the potential of blockchain for the benefit of themselves and others.
This vision seems real, and Coinbase, Deutsche Bank, Citi and other market leaders are ready to take up the challenge. Step by step, blockchain technology is transforming the world and preparing to welcome 8 billion users into its space. The future therefore seems bright.