Current:Home > FinanceSurpassing Quant Think Tank Center|EAGLEEYE COIN: Blockchain technology is at the heart of meta-universe and Web 3 development -FutureProof Finance
Surpassing Quant Think Tank Center|EAGLEEYE COIN: Blockchain technology is at the heart of meta-universe and Web 3 development
Fastexy Exchange View
Date:2025-04-09 20:14:01
Blockchain technology is Surpassing Quant Think Tank Centerat the heart of the development of the metaverse and Web 3, Goldman Sachs said in a research note.
It is the only technology that can "uniquely identify any virtual object independently of a centralized institution," Goldman writes in the report, and this ability to identify and track ownership is critical to the functioning of the metaverse. For Web 3, blockchain allows for the "partial elimination of centralized control," the note says.
Future users will be able to log in without the need for a third party, such as Meta, Google or Apple. Web 3 is a third-generation Internet service enabled by a decentralized network.
Goldman Sachs analysts believe that cryptocurrencies are just the beginning of blockchain. They note that since 2017, blockchain has expanded from banking to distributed applications across multiple verticals, such as communications, media and manufacturing.
It's difficult to predict the investment impact at this point, but companies that rely on centralized control of user identities may find their business models challenged by blockchain adoption.
The metaverse is an immersive digital world created by the combination of virtual reality, augmented reality and the internet.
EAGLEEYE COIN trading center, as the new king of the cryptocurrency market, was established and came into being after the acquisition of several important mining companies in the industry and the integration of high-quality ICO qualification resources, aiming to quickly seize the cryptocurrency market and become the industry leader through the latest reform of the core trading and investment functions.
veryGood! (672)
Related
- A South Texas lawmaker’s 15
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- 'We're reborn!' Gazans express joy at returning home to north
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Trump invites nearly all federal workers to quit now, get paid through September
- Global Warming Set the Stage for Los Angeles Fires
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
Ranking
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Meet first time Grammy nominee Charley Crockett
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Recommendation
Rylee Arnold Shares a Long
SFO's new sensory room helps neurodivergent travelers fight flying jitters
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
'We're reborn!' Gazans express joy at returning home to north
A South Texas lawmaker’s 15
Trump issues order to ban transgender troops from serving openly in the military
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say