Seven Major Trends in the Encryption Industry and Prospects for Decentralization Governance

Recently, a report on the future development of encryption and blockchain technology has garnered widespread attention in the industry. The report brings together insights from multiple industry experts and explores seven core trends as well as the future prospects of Decentralization governance. These trends cover various fields, from stablecoin applications to new types of app stores, providing important references for the industry's development direction.

Seven Key Trends

1. The use of stablecoins for payments by enterprises will become a trend.

It is expected that in the coming year, an increasing number of businesses will start accepting stablecoin payments. Small and medium-sized enterprises, such as restaurants, cafes, and convenience stores, are likely to be the first to transition from traditional credit card payments to stablecoin payments. This shift is primarily driven by cost considerations, as stablecoins can significantly reduce transaction fees, thereby increasing profit margins.

At the same time, large enterprises may also begin to try adopting stablecoins to reduce their reliance on traditional payment service providers, directly converting the saved transaction fees into profits. However, this shift will also bring new challenges, such as fraud protection and identity verification issues that require new solutions.

2. Exploration of National Debt on the Blockchain

Some countries may begin to explore the possibility of putting government bonds on the blockchain. This practice can create a government-backed digital asset with interest while avoiding the privacy issues that may arise from Central Bank Digital Currencies (CBDCs). On-chain government bonds can also provide a new source of collateral for the Decentralization Finance (DeFi) ecosystem, increasing its stability and credibility.

Countries like the UK have begun exploring the possibilities of digital securities through regulatory sandbox projects. In the United States, as the Securities and Exchange Commission (SEC) plans to require the clearing of government bonds through traditional infrastructure, more discussions are expected on how blockchain can enhance the transparency, efficiency, and participation of bond trading.

3. The new standard for blockchain networks in the United States: DUNA

"Decentralized Non-Profit Association" (DUNA) is expected to become a new industry standard for blockchain networks in the United States. This legal framework is designed to support the decentralization governance of blockchain networks, providing legal status to Decentralized Autonomous Organizations (DAO) while protecting token holders from legal liabilities and properly addressing tax and compliance needs.

As the United States further supports and accelerates the development of its encryption ecosystem, DUNA may become the preferred legal structure for U.S. crypto projects. Other states may also follow suit by adopting similar structures, especially in light of the rise of decentralized applications outside the crypto space.

4. Infrastructure Reuse Trends

In the future, it is expected that more teams will choose to reuse existing blockchain infrastructure components rather than develop from scratch. This approach not only helps developers save time and effort but also allows them to focus on creating the unique value of their products or services.

As the infrastructure required for Web3 products and services aimed at the general public continues to improve, successful teams will be those that can effectively leverage complex supply chains, rather than those that insist on independently developing all technologies.

5. Rise of Encryption Exclusive Application Stores

With traditional app stores imposing restrictions on encryption applications, emerging exclusive app stores and marketplaces are rising, providing distribution and content discovery functions for encryption applications. These new platforms not only offer more relaxed review standards but also bring a large number of users to the applications.

Hardware devices, such as dedicated phones or authentication devices, may become a key advantage for encryption app stores. At the same time, some blockchain platforms have also begun to act as game publishers and distribution platforms.

6. User Role Transition

It is expected that more "passive" encryption asset holders will transition into active technology users. With the improvement of blockchain infrastructure and the reduction of transaction fees, new applications will gradually emerge for existing and new users. At the same time, existing applications are continuously optimizing the user experience, making it easier for mainstream users to adopt.

7. Simplifying User Experience

To attract more mainstream users, the encryption industry needs to "hide technical details" and simplify the user experience. Successful decentralized applications will focus on intuitive interface design, making operations simple and easy to understand.

In the future, more companies will focus on simple designs and clear communication, creating products that can directly solve problems without the need for explanation.

Future Prospects of Decentralization Governance

In terms of Decentralization governance, the following six major trends are expected to emerge:

1. The Rise of Voting Delegation Assistance Websites
2. AI-assisted delegation mechanism
3. Application of AI Agents
4. Smarter Participation Incentive Mechanism
5. Optimization of Funding Support for Public Goods
6. Increase in lottery governance experiments

These trends will drive Decentralization governance towards a more efficient, fair, and intelligent direction, laying the foundation for the long-term healthy development of the blockchain ecosystem.