The Intersection of Blockchain and Metaverse: Sustainability of Metaverse & MoT

The Intersection of Blockchain and Metaverse: Sustainability of Metaverse & MoT

The Metaverse, often described as a virtual world accessed through virtual reality, will be built on blockchain technology. Unlike today's internet, the Metaverse will be characterized by decentralized applications, owned by users and crypto assets. In this article, we will explain how blockchain will make the Metaverse possible and its sustainability.

Blockchain, a decentralized technology that records transactions in a public database called a ledger, is challenging to control and falsify. Ethereum, another blockchain, is programmable through smart contracts, which automatically run blockchain-based software when certain conditions are met. Digital objects like artwork and music, which no one else can claim ownership of on the blockchain, are known as crypto assets, and nonfungible tokens (NFTs) are unique and non-replaceable objects that can be owned. Ownership of a piece of digital art or music, for example, can be established using a smart contract.

The Metaverse will enable users to own digital goods, including NFTs, in a virtual world. Different groups will build various virtual worlds, which will become interoperable in the future, forming the Metaverse. People will move between virtual worlds, bringing their digital goods with them, and blockchain will authenticate proof of ownership in both virtual worlds. Users' crypto wallets will contain cryptocurrencies and Metaverse-only digital goods, such as avatars, avatar clothing, avatar animations, virtual decorations, and weapons.

In the Metaverse, users will shop for traditional digital goods, physical-world items, and view 3D models of what they are purchasing. Crypto wallets will be linkable to real-world identities, which could help facilitate transactions requiring legal verification, such as buying a car or a house. Wallets could be linked to contact lists, enabling users to bring their social network information from one virtual world to another.

As the Metaverse evolves, wallets may be linked to reputation scores that determine users' permissions to interact with people outside their social network. It is essential to keep in mind that blockchain technology will play a crucial role in the Metaverse's sustainability, as it will enable users to maintain ownership of their digital goods across virtual worlds without the need for a centralized authority.

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1.??????Data Science:?https://insights2techinfo.com/blockchain-for-data-science/

2.??????VoIP:?https://insights2techinfo.com/voice-over-ip-voip/

3.??????Contest results:?https://insights2techinfo.com/2021-technical-paper-writing-contest-results/

4.??????Graviton:?https://www.dhirubhai.net/feed/update/urn:li:ugcPost:6938735126524612609?updateEntityUrn=urn%3Ali%3Afs_updateV2%3A%28urn%3Ali%3AugcPost%3A6938735126524612609%2CFEED_DETAIL%2CEMPTY%2CDEFAULT%2Cfalse%29 ?

5.??????All articles?on:?https://www.dhirubhai.net/newsletters/the-thread-of-science-tales-6936743006058225665/

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6.??????Singla Dipesh et al., “Software Defined Networks: Architecture and Applications”: Chapter 13 on Evolving Requirements and Application of SDN and IoT in the Context of Industry 4.0, Blockchain and Artificial Intelligence?https://www.wiley.com/en-us/Software+Defined+Networks%3A+Architecture+and+Applications-p-9781119857907 , June 2022

7.????Singla Dipesh et al., SYSCOM 2021: “Evolving requirements of Smart healthcare in Cloud Computing and MIoT”?(2021, December). Evolving requirements of Smart healthcare in Cloud Computing and MIoT. In the International Conference on Smart Systems and Advanced Computing (Syscom-2021) https://ceur-ws.org/Vol-3080/15.pdf .

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8.??????Dipesh Singla, Research Scholar, ACM & IEEE Member,?“The most effective ways to find talented tech candidates, revealed by secret tech recruiters”, Published On 14/10/2022, [email protected], Medium: https://medium.com/@dipeshsingla668, LinkedIn: https://www.dhirubhai.net/in/dipesh-singla/, ORCID: https://orcid.org/my-orcid?orcid=0000-0002-3762-1228 .

9.??????Dipesh Singla, Research Scholar, ACM & IEEE Member, “Graviton 3 survey: Opportunities, Possibilities, Use cases”, Published On 04/06/2022, [email protected], Medium:?https://medium.com/@dipeshsingla668 , LinkedIn:?https://www.dhirubhai.net/in/dipesh-singla/ , ORCID:?https://orcid.org/my-orcid?orcid=0000-0002-3762-1228 .

10.???Medium Link: https://medium.com/@dipeshsingla668/graviton-3-survey-opportunities-possibilities-use-cases-135e123018f1

11.???Dipesh Singla, Research Scholar, ACM & IEEE Member,?“GCG: Google Cloud Gaming”, Published On 19/08/2022, [email protected], Medium: https://medium.com/@dipeshsingla668, LinkedIn: https://www.dhirubhai.net/in/dipesh-singla/ , , LinkedIn:?https://www.dhirubhai.net/in/dipesh-singla/ , ORCID: https://orcid.org/my-orcid?orcid=0000-0002-3762-1228 .

12.????Dipesh Singla, Research Scholar, ACM & IEEE Member,?“Introducing Antimatter-DevOps”, Published On 15/08/2022, [email protected], Medium: https://medium.com/@dipeshsingla668, LinkedIn: https://www.dhirubhai.net/in/dipesh-singla/, LinkedIn:?https://www.dhirubhai.net/in/dipesh-singla/ , ORCID: https://orcid.org/my-orcid?orcid=0000-0002-3762-1228 .

13.???Dipesh Singla, Research Scholar, ACM & IEEE Member, “Google new Programming Language Carbon. Is this a new C++??”, Published On 08/08/2022, [email protected], Medium:?https://medium.com/@dipeshsingla668 , LinkedIn:?https://www.dhirubhai.net/in/dipesh-singla/ , ORCID:?https://orcid.org/my-orcid?orcid=0000-0002-3762-1228 .

14.???Dipesh Singla, Research Scholar, ACM & IEEE Member, “Epistemology of AIOps”, Published On 07/08/2022, [email protected], Medium:?https://medium.com/@dipeshsingla668 , LinkedIn:?https://www.dhirubhai.net/in/dipesh-singla/ , ORCID:?https://orcid.org/my-orcid?orcid=0000-0002-3762-1228 .

15.???Dipesh Singla, Research Scholar, ACM & IEEE Member, “Quantum Computing: The Revolutionary Technology Shaping Our Future”, Published On 03/03/2023, [email protected], Medium:?https://medium.com/@dipeshsingla668 , LinkedIn:?https://www.dhirubhai.net/in/dipesh-singla/ , ORCID:?https://orcid.org/my-orcid?orcid=0000-0002-3762-1228 .

16. Dipesh Singla, Research Scholar, ACM & IEEE Member, "Unlocking Your Dream Job: The Power of Employee Referrals ????", Published On 03/03/2023, [email protected], Medium:?https://medium.com/@dipeshsingla668 , LinkedIn:?https://www.dhirubhai.net/in/dipesh-singla/ , ORCID:?https://orcid.org/my-orcid?orcid=0000-0002-3762-1228 .

17. Dipesh Singla, Research Scholar, ACM & IEEE Member, " ?????? Windows Insider Program Launches New Canary Channel: Be on the Cutting Edge of Windows Development! ", Published On 03/03/2023, [email protected], Medium:?https://medium.com/@dipeshsingla668 , LinkedIn:?https://www.dhirubhai.net/in/dipesh-singla/ , ORCID:?https://orcid.org/my-orcid?orcid=0000-0002-3762-1228 .

18. Dipesh Singla, Research Scholar, ACM & IEEE Member, "?????? The Metaverse: Exploring the Social and Investment Opportunities of Crypto Gaming!", Published On 03/03/2023, [email protected], Medium:?https://medium.com/@dipeshsingla668 , LinkedIn:?https://www.dhirubhai.net/in/dipesh-singla/ , ORCID:?https://orcid.org/my-orcid?orcid=0000-0002-3762-1228 .

19. Dipesh Singla, Research Scholar, ACM & IEEE Member, "??"Revolutionizing Business Productivity: Microsoft's Copilot System Takes AI to the Next Level"??", Published On 03/03/2023, [email protected], Medium:?https://medium.com/@dipeshsingla668 , LinkedIn:?https://www.dhirubhai.net/in/dipesh-singla/ , ORCID:?https://orcid.org/my-orcid?orcid=0000-0002-3762-1228 .

20. Dipesh Singla, Research Scholar, ACM & IEEE Member, "The Metaverse: What it is and what it's not ?????????", Published On 01/04/2023, [email protected], Medium:?https://medium.com/@dipeshsingla668 , LinkedIn:?https://www.dhirubhai.net/in/dipesh-singla/ , ORCID:?https://orcid.org/my-orcid?orcid=0000-0002-3762-1228 .

21. Dipesh Singla, Research Scholar, ACM & IEEE Member, "The Future of the Metaverse: Exploring the Blockchain-Metaverse Relationship and Potential Leaders", Published On 03/03/2023, [email protected], Medium:?https://medium.com/@dipeshsingla668 , LinkedIn:?https://www.dhirubhai.net/in/dipesh-singla/ , ORCID:?https://orcid.org/my-orcid?orcid=0000-0002-3762-1228 .

22. Dipesh Singla, Research Scholar, ACM & IEEE Member, " Blockchain and the Metaverse: A Match Made in Heaven", Published On 03/03/2023, [email protected], Medium:?https://medium.com/@dipeshsingla668 , LinkedIn:?https://www.dhirubhai.net/in/dipesh-singla/ , ORCID:?https://orcid.org/my-orcid?orcid=0000-0002-3762-1228 .

23. Dipesh Singla, Research Scholar, ACM & IEEE Member, " The Intersection of Blockchain and Metaverse: Sustainability of Metaverse & MoT", Published On 03/03/2023, [email protected], Medium:?https://medium.com/@dipeshsingla668 , LinkedIn:?https://www.dhirubhai.net/in/dipesh-singla/ , ORCID:?https://orcid.org/my-orcid?orcid=0000-0002-3762-1228 .

24. Dipesh Singla, Research Scholar, ACM & IEEE Member, " ?? Android 14: The Future of Mobile Operating Systems ??", Published On 03/03/2023, [email protected], Medium:?https://medium.com/@dipeshsingla668 , LinkedIn:?https://www.dhirubhai.net/in/dipesh-singla/ , ORCID:?https://orcid.org/my-orcid?orcid=0000-0002-3762-1228 .

25. Dipesh Singla, Research Scholar, ACM & IEEE Member, " Google Cloud: The Future of Cloud Computing", Published On 03/03/2023, [email protected], Medium:?https://medium.com/@dipeshsingla668 , LinkedIn:?https://www.dhirubhai.net/in/dipesh-singla/ , ORCID:?https://orcid.org/my-orcid?orcid=0000-0002-3762-1228 .

??Kind Regards and Thanks???? ????,

??Dipesh Singla ?????????? ???

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LinkedIn:?https://www.dhirubhai.net/in/dipesh-singla/

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Dipesh Singla

?? Actively Seeking Full-Time Role | Business, Finance, Consulting, Entrepreneurship, VC, IB & PE | Climate Policy, Sustainable Growth & Innovation Advocate | Community Building, Impact, & Social Equity

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