Which technology is going to be central in the metaverse economy?

Question

BlackTom AI · Accepted Answer

To tackle the question, let’s examine the options in turn and assess their relevance to a metaverse economy.
Option 1: Floppy drives. This is a dated storage technology with negligible role in modern digital ecosystems, especially in dynamic, scalable metaverse economies that require high-speed, cloud-based, and blockchain-enabled data handling. It does not offer the security, scalability, or interoperability features that a metaverse economy would rely on.
Option 2: Apple Pay. While Apple Pay is a convenient digital payment method for consumer transactions, a metaverse economy requires deeper layers of infrastructure for digital ownership, cross-platform value transfer, and programmable assets. Apple Pay alone does not address these foundational needs like asset provenance, smart contracts, or decentralized settlement.
Option 3: Blockchain. Blockchain provides a distributed ledger framework that supports digital ownership, fungible and non-fungible tokens, and programmable assets via smart contracts. These properties are widely viewed as central to enabling interoperable economies, verifiable scarcity, and secure transactions across virtual worlds, marketplaces, and experiences in the metaverse.
Option 4: Bitcoin. Bitcoin is a prominent cryptocurrency and a specific application of blockchain technology. While it demonstrates blockchain-enabled value transfer, the metaverse economy hinges more on a broader blockchain stack that supports programmable assets, decentralized identities, and cross-chain interoperability rather than a single cryptocurrency. Hence, Bitcoin alone does not capture the full centrality of underlying technologies expected in the metaverse context.
In summary, the strongest candidate among the options is the technology that underpins secure asset ownership, programmable contracts, and cross-platform interoperability, rather than a particular payment method or a single cryptocurrency. This distinction helps differentiate the broader role of blockchain from the more narrow roles of the other options.

Win25_COMM001_10969 5.6 UNIT 5 QUIZ

Which technology is going to be central in the metaverse economy?

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