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.
Authors
- Dimitris Koutras (ORCID: https://orcid.org/0000-0002-9154-8340)
- Thomas K. Dasaklis (ORCID: https://orcid.org/0000-0003-1240-4822)
- Panayiotis Kotzanikolaou (ORCID: https://orcid.org/0000-0002-8771-9020)
- Vangelis Malamas (ORCID: https://orcid.org/0000-0001-9238-6796)
- Vassilis Vassilakopouls
Institutions
- University of Piraeus (GR)
- Hellenic Open University (GR)
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