Blockchain Revolution in the Metaverse: Challenges, Applications and Future Directions

Blockchain technology is emerging as a key innovation in the digital age, driving a transformative shift in how we envision, interact with, and manage virtual environments within the metaverse’s digital ecosystems. Blockchain, with its decentralized ledger framework, provides strong security, transparency, and immutability, which is indispensable to cultivate trust and authenticity in the digital domain. This paper seeks to explore the diverse applications of blockchain technology in improving the functionality, security, and user experience of the virtual ecosystem. Through this analysis, our objective is to define the path for developers, users, and stakeholders within the global digital ecosystem, emphasizing the crucial role of collaborative innovation in realizing the full potential of blockchain-enhanced metaverse experiences.

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Publication Details

Published
2024-10-25
DOI
https://doi.org/10.1109/icamac62387.2024.10829333
Citations
3
Primary Topic
Impact of AI and Big Data on Business and Society
Type
article
Field-Weighted Citation Impact
1.47
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article

Blockchain Revolution in the Metaverse: Challenges, Applications and Future Directions

Dimitris Koutras, Thomas K. Dasaklis, Panayiotis Kotzanikolaou, Vangelis Malamas et al.
3 citations
Impact of AI and Big Data on Business and Society
1.47
article

Blockchain Revolution in the Metaverse: Challenges, Applications and Future Directions

Dimitris Koutras, Thomas K. Dasaklis, Panayiotis Kotzanikolaou, Vangelis Malamas, Vassilis Vassilakopouls
article en
3 citations

Abstract

Blockchain technology is emerging as a key innovation in the digital age, driving a transformative shift in how we envision, interact with, and manage virtual environments within the metaverse’s digital ecosystems. Blockchain, with its decentralized ledger framework, provides strong security, transparency, and immutability, which is indispensable to cultivate trust and authenticity in the digital domain. This paper seeks to explore the diverse applications of blockchain technology in improving the functionality, security, and user experience of the virtual ecosystem. Through this analysis, our objective is to define the path for developers, users, and stakeholders within the global digital ecosystem, emphasizing the crucial role of collaborative innovation in realizing the full potential of blockchain-enhanced metaverse experiences.

University of Piraeus (GR), Hellenic Open University (GR)
Climate action
Openalex Percentile: Top 15%
Impact of AI and Big Data on Business and Society
1.47
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Blockchain Revolution in the Metaverse: Challenges, Applications and Future Directions — Dimitris Koutras, Thomas K. Dasaklis, et al. · (2024) | TGRS Research Map | TGRS