Decentralizing the Metaverse: Unraveling the Nexus of Digital Assets and Blockchain

The development of the metaverse introduces a new era of virtual world. Users are now able to explore and use metaverse with the help of a number of techniques. Blockchain has proved to be very effective among them. It has made it quite easy for the users to own, use and transfer their digital assets. This also enhanced the security of the metaverse architecture. A framework for digital assets management in decentralized manner using blockchain is discussed. The details of various components are also detailed. A theoretical architecture is used to evaluate the effectiveness of the blockchain-enabled metaverse architectures. The blockchain attack model is also discussed using a mathematical framework. The probability of attack results is also presented to prove the usefulness of the blockchain structure. This research study will help the researches in the future advancements in the domain of blockchain-enabled metaverse architectures.

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Publication Details

Published
2024-09-04
DOI
https://doi.org/10.1109/globalaisummit62156.2024.10947942
Primary Topic
Blockchain Technology Applications and Security
Type
article
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article

Decentralizing the Metaverse: Unraveling the Nexus of Digital Assets and Blockchain

Mohd Rehan, Dilip Kumar Sharma
Blockchain Technology Applications and Security
article

Decentralizing the Metaverse: Unraveling the Nexus of Digital Assets and Blockchain

Mohd Rehan, Dilip Kumar Sharma
article en

Abstract

The development of the metaverse introduces a new era of virtual world. Users are now able to explore and use metaverse with the help of a number of techniques. Blockchain has proved to be very effective among them. It has made it quite easy for the users to own, use and transfer their digital assets. This also enhanced the security of the metaverse architecture. A framework for digital assets management in decentralized manner using blockchain is discussed. The details of various components are also detailed. A theoretical architecture is used to evaluate the effectiveness of the blockchain-enabled metaverse architectures. The blockchain attack model is also discussed using a mathematical framework. The probability of attack results is also presented to prove the usefulness of the blockchain structure. This research study will help the researches in the future advancements in the domain of blockchain-enabled metaverse architectures.

GLA University (IN)
Openalex Percentile: Top 54%
Blockchain Technology Applications and Security
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Decentralizing the Metaverse: Unraveling the Nexus of Digital Assets and Blockchain — Mohd Rehan, Dilip Kumar Sharma · (2024) | TGRS Research Map | TGRS