Blockchain continues to develop and extend in order to adapt and bring evergreen digital solutions to the financial and internet industries. Decentralized Finance (DeFi) services and Decentralized Applications (DApp) are being developed as a result of the integration of blockchain in Web3 technologies to improve the digital ecosystem.
Banks may save up to $12 billion a year or more by adopting blockchain technology and solutions, according to experts. The United Nations has also utilized blockchain to address concerns such as human rights violations, funding international humanitarian courses, and promoting eco-friendly blockchain ecosystem technologies.
One issue with blockchain trends is that they are fleeting, especially since the sector is always changing. As a result, businesses and developers are frequently skeptical of a blockchain project’s long-term viability. However, following much research and analysis, we’ve determined that these four projects have the potential to be evergreen blockchain trends. Additionally, they actively provide blockchain solutions for developers in the Defi and DApp industries.
Adoption by Businesses
Developers that want to make great DApps can use Jelurida’s main blockchain platforms, NXT and Ardor, to construct scalable apps that meet market demands. That’s a fancy way of saying Jelurida is working to seamlessly integrate firms and businesses into the blockchain industry. Consider this: what good is blockchain if it isn’t used in real-world scenarios?
NXT is the first open-source blockchain technology to rely purely on Proof-of-Stake (PoS) consensus. Proof-of-Stake is a Byzantine Fault Tolerance-based technique that reduces computational cost in the Proof of Work (PoW) model while also providing excellent transaction security.
Developers may utilize the NXT platform to create unique blockchain solutions as well as trustworthy token exchanges. Ardor, on the other hand, includes a child chain capability that enables businesses to create permissionless blockchain digital solutions and execute smart contracts.
Jelurida has already achieved some success with these solutions and Ignis. Unlike many other new blockchain startups, it has completed all of its development milestones and already operates in many countries across three continents.
Many real-world projects are now running on Jelurida’s platforms. Cycle4Value, an ecologically friendly gamification system that reduces traffic and improves public health, is one of these projects.
NFTs and games
Enjin is yet another top blockchain powerhouse in the gaming and NFT industries. It allows innovative programmers to construct next-generation decentralized software and apps. Enjin is used to power real-world applications in the fields of healthcare, politics, economics, and entertainment. It boasts of serving millions of people with blockchain solutions. It has a market capitalization of approximately 45 million dollars, over 2 million wallets, and over 1 billion assets.
“Go! By Health Hero,” an NFT-based solution to promote health-related projects and services, is one of the most popular real-world applications developed on Enjin. Other games for gamers include Microsoft’s Azure Heroes, Lost Relic, and Age of Rust.
Enjin will undoubtedly play a key role in the future development of the growing NFT industry, based on its significant involvement in the industry.
Data Security and Speed
As a developer looking to build scalable and dependable decentralized blockchain services, speed and security are just the beginning. That is exactly what Elrond does. Elrond can handle more than 10,000 transactions per second, which is 100 times quicker than the combined transaction speeds of Bitcoin and Ethereum.
That is an evergreen trend that we will require in the coming years.
Elrond employs the Adaptive State Sharding method, which enables for quick transaction validation and processing. Elrond, like Jelurida, uses the Proof-of-Stake consensus to save resources and ensure the security of its transactions.
It’s no surprise that its ecosystem valuation has risen from $10 million to over $500 million, thanks to over 90,000 active users and several developments. Elrond has a remarkable presence in over 30 countries, with a customer of over 115 businesses and startups.
Environmentally friendly systems
Cudos is a global blockchain platform that harnesses the processing power of developers and users from all around the world to power blockchain projects. It serves as a platform for developers to exchange and sell resources that may be used to launch secure and scalable blockchain projects on the internet. DApp developers can create and launch apps, mine cryptocurrency, and profit from network fees.
The Cudos platform can be used by the game and NFT developers and marketplaces, as well as other blockchain-related enterprises, to create superior decentralized and secure solutions and products. Cudos aims to provide developers with less expensive, more convenient, and reusable blockchain solutions that are also ecologically friendly. It aims to provide businesses with a more cloud-based blockchain solution. It also aims to offer new techniques to the Web3 architecture, allowing developers to design decentralized apps of the future.
To offset its CO2 emissions, Cudos recently partnered with ClimateTrade, a blockchain-based carbon credits startup. This collaboration comes at a critical juncture in history when the harmful effects of climate change are widely acknowledged. Every company and individual has a responsibility to reduce the effects of climate change as quickly as possible, and eventually reverse them.
Blockchain platforms that want to host next-generation blockchain services and enterprises should take steps to reduce pollution, resulting in a more environmentally friendly atmosphere for blockchain digital solutions.
Developers hoping to create digitally scaled DApps that will last the test of time should keep an eye out for these possibly evergreen blockchain platforms for decentralized experiences.