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Showing posts with the label Cryptocurrencies

Exploring the Potential and Challenges of the VR Metaverse

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Written by Okwu Mabel The concept of a metaverse, a virtual reality space where users can interact with a computer-generated environment and other users, has been around for decades. However, recent advancements in technology have made it more feasible than ever before. With the rise of virtual reality (VR) and augmented reality (AR) technologies, the metaverse is no longer just a science fiction concept but a potential reality. In this article, we will explore the potential and challenges of a virtual reality future and how the metaverse could be a game-changer for our society . The Potential of the Metaverse The metaverse has the potential to change the way we interact with each other, conduct business, and experience entertainment. Here are some of the potential benefits of a metaverse: Increased Social Interaction: The metaverse can provide a platform for people to interact with each other regardless of their physical location. This could lead to more social interaction and a sen...

Blockchain Beyond Cryptocurrencies

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Written by  Abubakar Mikail  Applications and Challenges of Distributed Ledger Technology Distributed Ledger Technology allow users to store, share, and synchronize data and transactions across a distributed network of many participants using distributed ledger technology. It can also be viewed as a collection of technologies with similar structures that operate according to different sets of rules.  I n this research, we provide a broad overview of the state of DLT and blockchain advancements and look in-depth at the key factors influencing their progress. We outline several areas for the DLT/Blockchain community to think about further concerning the potential function of standardization. The study aims to stimulate additional conversation regarding the potential role of standards in assisting the development and acceptance of the technology, rather than provide a comprehensive list of subjects. A mixed methods approach was employed to conduct the research, including an...