
Using blockchain in VR technology
While the market of virtual reality is booming, its mainstream penetration and traction expansion continue to be affected by a variety of problems. For this dilemma, Blockchain is the ideal solution. In a safe and stable environment, it can provide all participants benefits such as improved safety, data immutability, straightforward profile monitoring, and ownership.
Grasping blockchain immutability, NetVRk participants can create VR content and their own ownership will be securely recorded on a blockchain ledger, in addition, to be traded or leased. and make money. In addition to creating content and experiencing life in a virtual universe, businesses and companies will be able to promote and advertise their products or services to bring product awareness to others. . Mentioning blockchain would allow a safe and secure environment for virtual and professional commerce while at the same time full legal compliance and data immutability. All payments will be processed quickly and transparently with the use of smart contracts.
NetVRK uses blockchain and offers the following specific benefits:
Transparency: All transactions will be recorded on the blockchain, providing a transparent tracking system and transaction history that can be easily accessed and viewed.
Immutability: As soon as a record is written to the blockchain there is no possibility of deleting or tampering it. This guarantees trust and clarity.
High security: User personal data will be protected as it will be stored with hash value and only viewable by users with granted access. It is also cost-effective. Blockchain significantly cuts down on paperwork and audit time due to automatic transaction settlement and the use of smart contracts. The use of side chains will provide our users with cost-effective currency transactions.
Decentralized: The NetVRk platform will be a decentralized platform that unifies users, content creators, developers, and VR technology enthusiasts. They may interact with each other without the influence of a third party.
You can take closer to NetVRK by a look at the following links:
Website: https://netvrk.co
Whitepaper: https://whitepaper.netvrk.co
Telegram: https://t.me/NetVRk_Official
Facebook: https://www.facebook.com/NetvrkVR
Twitter: https://twitter.com/NetVRk1
Discord: https://discord.gg/baAhdCHUnb
Instagram: https://www.instagram.com/netvrk
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Forum Username: bibie16
Forum Profile: https://bitcointalk.org/index.php?action=profile;u=1816840
ETH:
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