Blockchain To Play Crucial Role In VR-Powered Social Media

Virtual actuality media platform, Sensorium, has introduced its rank inside the Global Blockchain Business Council, or GBBC – a Swiss-based non-profit trade association for blockchain.

Sensorium will participate in GBBC’s approaching digital discussion board on May 28, which is able to see the agency’s director of know-how Alex Blagirev talk about his predictions for the way digital social media will change the best way that folk work together on-line.

Cointelegraph spoke to GBBC to debate the intersection between social media and digital actuality, or VR, and the position that blockchain performs inside the sector’s future.

DLT protects copyright for person content material

A GBBC advisor acknowledged that the convergence of VR social media is already starting to reach momentum, noting that main platforms similar to Facebook “are providing users with new ways to share and experience content.”

“Within this context, blockchain know-how will beyond question play an essential position inside the creation of digital property and a web-based digital business enterprise system, the advisor acknowledged.

“Furthermore, blockchain know-how may very well be accustomed guard possession and copyright, additionally to create new fashions of promoting in digital worlds, a wad as it’s already doing in truth world.”

Blockchain could get obviate identification thieving on social media

Sensorium’s CCO, Brian Kean, emphatic the safety advantages supplied by shared ledger know-how, or DLT, stating:

Identity thieving, faux accounts, so forth. all shall be to a big extent eradicated as human individuals inside the socially-virtual world shall be required to confirm their identification through the blockchain.

Kean additionally discovered that blockchain may also be accustomed “facilitate defrayment for created, third-party content.”

Sensorium to interact policymakers by way of GBBC

As a GBBC member, Sensorium will participate in a spread of GBBC actions meshed toward “advancing adoption of blockchain technology and educating regulators, policymakers, and business leadership on the benefits of the technology.”

The two entities first started formally working together on the GBBC’s flagship occasion, Blockchain Central Davos, the place Sensorium participated.

“We closed out the evening with a special demo of Sensorium’s VR platform and a performance by GBBC Arts and Music Ambassador and Former Drummer for Guns N’ Roses, Matt Sorum,” added the GBBC spokesperson.

Blockchain To Play Crucial Role In VR-Powered Social Media

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