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.
Authors
- Mohd Rehan (ORCID: https://orcid.org/0000-0002-7945-8254)
- Dilip Kumar Sharma (ORCID: https://orcid.org/0000-0002-3860-7997)
Institutions
- GLA University (IN)
Publication Details
- Published
- 2024-09-04
- DOI
- https://doi.org/10.1109/globalaisummit62156.2024.10947942
- Primary Topic
- Blockchain Technology Applications and Security
- Type
- article
- Field-Weighted Citation Impact
- 0.00