Professionals from Luxchain shared their insights into how blockchain could address most topical problems inherent in the luxury goods industry during Draper Dragon Summit.
Since interoperability is a key necessity for blockchain tech to be effectively adopted globally, a number of coimpanies including Mateverse, Cosmos, Ark and others work hard to build a cross-chain bridge allowing for creating a universal interoperable ecosystem.
Decentralization, one word consistent with blockchain technology, is known for its recent popularity amongst blockchain startups.
While a number of blockchain-based projects struggle to remain truly decentralized, Metaverse places strong focus on avoiding any form of mining centralization and unnecessary interference with the network following the core principle of blockchain tech.
While centralized frameworks lack transparency often misusing individuals’ information, blockchain projects like Metaverse create the new future for online identities bringing yet another win for the blockchain tech.
Transforming data exchange and privacy as we know it, blockchain technology is to make a huge impact on privacy protection proving that people’s interests are of the highest priority.
Meet Leblock, a merger of blockchain and gaming industry, which aims to become a “virtual LEGO” and link the technology with the mainstream.
An open-source public blockchain Metaverse puts transparency at the core while making convenient and secure digital financial services accessible to all Internet applications.
ZenDao aims to use Blockchain technology for a digital representation of the real-world collectibles on Blockchain and establishment of an unalterable digital provenance ledger and ownership transfer channel.