At the Consumer Electronics Show, blockchain and the metaverse gain traction.

Highlights:

  1. The statements were announced prior of CES 2022.
  2. Samsung’s MicroLed, Neo QLED, and The Frame TV models will have NFT.
  3. Users would be able to seek out and buy their preferred NFTs.

Samsung will demonstrate its metaverse technological advancements, while numerous other firms will demonstrate blockchain, NFT, and crypto interfaces with the metaverse.

The Consumer Electronics Show (CES) in Las Vegas this week will include blockchain, metaverse, and nonfungible token (NFT) technologies.

The Consumer Electronics Show (CES) is an annual event that offers exhibits of the most cutting-edge technology as well as keynote speeches from industry titans such as LG, Samsung, Amazon, Nvidia, and Sony.

This year’s expo will take place from Wednesday till Friday and will feature over 2,200 participants, with cryptocurrency and NFT businesses joining the usual suspects of gadget makers and television manufacturers.

The futures and NFT exchange FTX, NFT platform Blockparty, & NFT hardware and software manufacturers Atomic Form are among the exhibitors classified underneath the cryptocurrency segment in the blockchain industry.

Filecoin managing member Clara Tsao, Celsius Network chief development and technology manager Tushar Nadkarni, Coinbase chief policy director Faryar Shirzad, and Art Blocks Inc creator and CEO Erick Calderon, to mention a few, will deliver major presentations at the conference.

“Are stablecoins truly stable?” you might wonder. What are the ways that traditional banks are adopting cryptocurrency? Should my business accept cryptocurrency payments? The promo for the Decrypting Crypto session reads, “We tackle the key topics with today’s best specialists.” Nadkarni, Tsao, Transform Ventures CEO Michael Terpin, the Blockchain Association executive director Kristin Smith are among the speakers.

Many big businesses will utilize their seats at the event to study and promote metaverse innovation such as “hardware, technology, and the blockchain and crypto,” according to conference organizer the Consumer Technology Association (CTA).

CTA senior manager of industry intelligence Brian Comiskey addressed The Australian about Samsung’s ambitions at CES, saying: “Samsung recently scaled up its blockchain initiatives by unveiling an NFT platform for its new smart TVs.”

“We’ll be looking at Samsung a lot.” From the hardware Metaverse’s perspective, their smartphone improvements during the expo will be fascinating to monitor. Even their televisions will be displaying what they can achieve for the Metaverse.”

He went on to say, “They’re basically attempting to be a one-stop shop for different internet-based economies and technology.”

While NFTs and the metaverse are still new to many top tech firms, Maribel Lopez, the chief economist at tech research consultancy firm Lopez Research, told The Wall Street Journal on Tuesday that trying to highlight the spurting blood edge of the blockchain industry in 2022 fits the view behind the yearly CES occurrences.

“Are we a touch ahead of ourselves on the Metaverse and NFTs fronts?” Yes. But that’s kind of the point of CES.”

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