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SINGAPORE, Aug. 8, 2022 /PRNewswire/ — The global Web3 community has gathered in Seoul for the Korea Blockchain Week (KBW), happening from 7-14 August 2022. The event, which has been fully sold out, brought together top players in the Web3 community to discuss the current and future trends and technologies in blockchain. Dr Sangmin SeoDirector at Klaytn Foundation, is one of the speakers featured at KBW. Speaking on the mainstage on 8 August, Dr Sangmin Seo touched on the topic of “The Technology Layer for Tomorrow’s Metaverse”. Through his presentation, Dr Seo shared insights on the challenges in building the technology layer, and how Klaytn is working towards the metaverse blockchain for all.
So what exactly is the metaverse? From augmentation to simulation, from external (environment) to intimate (personal), metaverses can involve an individual’s virtual identity, digital realities, interwoven with the real world. Some imagine the metaverse to be an aggregation of our digital lives, while others see it as diverse worlds serving different purposes.
Where metaverse intersects with blockchain technology, it will allow individuals to own assets in the metaverse, including their own data and digital identity. Blockchain will enable a robust virtual economy and act as the trust layer to facilitate exchanges and connect different worlds.
This is where Klaytn, a public blockchain focused on the metaverse, gamefi, and the creator economy, comes in. The dominant blockchain platform in South Korea Supported by internet giant, Kakao Corp, Klaytn is undergoing global expansion led by Klaytn Foundation, a non-profit organization established to accelerate global adoption and ecosystem maturity on Klaytn.
In order for blockchain to support mass adoption in metaverse use cases, it needs to optimize transactions, build necessary infrastructures, and make …
Full story available on Benzinga.com
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