Against the backdrop of the rapid evolution of computer technology, another branch of IT development has remained unnoticed for a long time. In his new publication Vladimir Okhotnikov, an author of journalistic articles, a crypto enthusiast and a leading expert in the field of smart contracts, argues that the future belongs to decentralized finance, blockchain and metaverses.
The author emphasizes that the only chance to create fair conditions for accessing the digital space is to introduce blockchain there.
With the development of digital infrastructure, cryptocurrency has taken a special place in process management in the modern industrial world. Speaking of this, one cannot help but recall the blockchain. Electronic databases in which records are incredibly difficult to falsify. This can be called a real breakthrough in ensuring the security and integrity of business processes.
Vladimir Okhotnikov believes that there are still many gaps related to information security when it comes to scaling the blockchain. For example, decentralization is nullified by the fact that transactions cannot be recalled. In this case, there is no cancellation, even if the operation has just been performed.
According to the Vladimir, virtual reality is evolving. Today, popular brands are considering the metaverse as a platform for distributing goods and services because they are interested in this immersive world.
Gucci, Nike and Adidas have already picked up this trend and are creating copies of their collections in virtual reality. In their opinion, in metaverses the client will be able to look at products more carefully before purchasing. This takes business management to a new level.
In the context of the article, the author takes decentralization as the main driving force behind the introduction of blockchain into the metaverse. Vladimir’s thoughts are that no one should influence the transactions of participants. This is precisely what blockchain provides.
In general, Vladimir Okhotnikov has a very positive outlook on the future of metaverses although not everyone agrees with it. For example, Forrester analysts refer to statistical data and believe that the financial costs spent on the development of virtual reality have not yet paid off.
According to Vladimir Okhotnikov’s analytics, some users admit that someday they will become participants in the digital space, where their consciousness will somehow change. Well, we, in turn, hope for the introduction of fundamentally new technologies that will help immerse ourselves in the virtual world and see a fair system of economic management there.
To understand more about what future awaits us after the merger of virtual reality and blockchain, read the original article by Vladimir Okhotnikov entitled “Metaverse and Blockchain: Global Synergy.”