Samsung will feature its developments in metaverse technology, with several other companies showcasing blockchain, <\/p>\n\n\n\n
NFT and crypto integrations with the metaverse.Blockchain, metaverse and nonfungible token (NFT) technology are set<\/p>\n\n\n\n
to make a splash at the Consumer Electronics Show (CES) event in Las Vegas this week.<\/p>\n\n\n\n
The CES is an annual event that features exhibitions of the latest tech advancements and keynote speeches from giants <\/p>\n\n\n\n
such as LG, Samsung, Amazon, Nvidia and Sony.<\/p>\n\n\n\n
This year\u2019s event runs from Wednesday to Friday and will host more than 2,200 exhibitors, with crypto and NFT companies <\/p>\n\n\n\n
a notable addition to the perennial gadget makers and TV manufacturers.<\/p>\n\n\n\n
In terms of the blockchain sector, the exhibitors grouped under the cryptocurrency category include the derivatives and <\/a><\/p>\n\n\n\n NFT<\/a> exchange<\/a> FTX, NFT platform Blockparty and NFT software and hardware developers Atomic Form.<\/p>\n\n\n\n The event\u2019s keynote speeches will feature crypto figures, including Filecoin founding director Clara Tsao, Celsius Network <\/p>\n\n\n\n chief growth and product officer Tushar Nadkarni, Coinbase chief policy officer Faryar Shirzad and Art Blocks Inc founder <\/p>\n\n\n\n and CEO Erick Calderon to name a few.<\/p>\n\n\n\n \u201cAre stablecoins really stable? How are traditional banks embracing crypto? Should my company be accepting crypto payments? <\/p>\n\n\n\n We tackle the big questions with today\u2019s top experts,\u201d the preview for the Decrypting Crypto panel says. The lineup includes <\/p>\n\n\n\n Nadkarni, Tsao, Transform Ventures CEO Michael Terpin and Blockchain Association executive director Kristin Smith.<\/p>\n\n\n\n According to conference organizer the Consumer Technology Association (CTA), several top brands will use their spots at the <\/p>\n\n\n\n event to explore and promote developments in metaverse tech such as \u201chardware, software, and the blockchain and crypto.\u201d<\/p>\n\n\n\n Speaking on Samsung\u2019s plans for CES \u2014 the manufacturer recently ramped up its blockchain initiatives<\/a> by announcing an NFT <\/a><\/p>\n\n\n\n platform<\/a> for its new smart TVs \u2014 CTA senior manager of industry intelligence Brian Comiskey told<\/a> The Australian: <\/p>\n\n\n\n \u201cWe\u2019ll really be looking at Samsung. Their smartphone advancements at the show will be an interesting area to watch from the hardware <\/strong><\/p>\n\n\n\n Metaverse <\/strong>side. Their televisions are even going to be showcasing what they can do for the Metaverse.\u201d<\/strong><\/p>\n\n\n\n \u201cThey\u2019re really trying to be a one-stop hub for various internet-based economies and technologies,\u201d he added.<\/p>\n\n\n\n Comiskey made some bullish statements on crypto, blockchain tech and NFTs when speaking about the interest from mainstream <\/p>\n\n\n\n firms, labeling them the \u201cfuture evolution of payments and what trade looks like\u201d that will rise alongside the metaverse.<\/p>\n\n\n\n \u201cI think NFTs and cryptocurrency really represents an opportunity for blockchain to become more popular with consumers,\u201d he said.<\/p>\n\n\n\n Related: NFTs find true utility with the advent of the Metaverse in 2021<\/a><\/p>\n\n\n\n Speaking to The Wall Street Journal on Tuesday, Maribel Lopez, the principal analyst at tech research analysis firm Lopez Research, <\/p>\n\n\n\n said<\/a> that while NFTs and the metaverse are still new to many top tech firms, highlighting the bleeding edge of the blockchain sector <\/p>\n\n\n\n in 2022 fits the vision behind the annual CES events.<\/p>\n\n\n\n \u201cAre we a little ahead of our skis on the topics of Metaverse and NFTs? Yes. But that\u2019s kind of what CES is about.\u201d<\/p>\n\n\n\n