Mplaza: A virtual hangout place for business, culture, games, shopping and social events.

in #mplaza2 years ago

Decentralized ecosystem created by blockchain technology, that operates without third parties involvement is capable to provide much faster transactions with pretty fast speed. There are no hidden charges and no boundaries restrictions. The users can operate anonymously in the trustless environment of decentralized ecosystem. There is much transparency as the data is stored on blockchain and anyone can see it via a distributed ledger and there is no chance of manipulations. So blockchain is best engine that is providing data immutability.

1080x360 (1).jpg

The Metaverse is not a concept that just popped up out of nowhere. There has been a steady evolution of its concept over nearly 30 years. Active embracement of computing and networking performance and the advent of Blockchain virtual currency have led to the recent remarkable growth of Metaverse. If artificial intelligence (AI) technology is added to this and the virtual world's utility and enjoyment increase, the Metaverse's growth will be even more surprising. Furthermore, the creation of new added value will be accelerated with the full-scale connection between the real and virtual worlds. There is no consensus definition of a Metaverse that can cover all of the current states of affairs. There are diverse cultures and countries in the real world. Likewise, there are various Metaverses based on the different virtual worlds, and each of them has distinct methods and purposes for interworking with the real world. Users will welcome a Metaverse regardless of its form with open arms if it can lead to connection, creation, expansion, experience, and new possibilities. Therefore, the guarantee of diversity that can be free from the constraints of the real world can be an important attraction and success factor of the Metaverse. For this to happen, the rules of physics, political, economic, and cultural norms within the Metaverse must be self-defined and able to evolve. However, these autonomous operations will inevitably be constrained by their connection to the real-world economy or other systems. The difficult process of the birth of a new economic system that crosses national borders is shown in the development of Blockchain virtual currency.

Coin Marketplace

STEEM 0.27
TRX 0.12
JST 0.031
BTC 57030.30
ETH 2858.42
USDT 1.00
SBD 3.62