Metaverse Crypto Exchange
Sakshi S. Atrik
Dept. Computer Science
MIT ADT University,
Pune, India
sakshiatrik@gmail.com
Shrsuhti S. Zade
Dept. Computer Science
MIT ADT University,
Pune, India
shrushtizade123@gmail.com
Abstract— The metaverse is a rapidly evolving digital frontier that is redefining the way we interact, work, and play in the digital realm. This abstract provides a concise overview of the concept, its significance, and the key elements that shape its existence.The metaverse is a collective virtual shared space, merging physical and digital realities, where individuals can interact, create, and transact in immersive and interconnected digital environments. It is not confined to a single platform or technology but represents a constellation of interconnected virtual worlds, augmented reality, virtual reality, and 3D spaces.Blockchain technology has emerged as a revolutionary innovation that fundamentally transforms the way we establish trust, share data, and conduct transactions in a digital world. This abstract provides a concise overview of blockchain, highlighting its core principles and its profound impact across various industries.Blockchain is a distributed ledger system that enables secure, transparent, and tamper-resistant record-keeping through a decentralized network of nodes. This technology underpins cryptocurrencies like Bitcoin but extends far beyond digital currencies, offering solutions for supply chain management, voting systems, healthcare, and more. Non-fungible tokens (NFTs) have emerged as a groundbreaking application of blockchain technology, transforming the way we perceive and trade digital assets within the metaverse. . NFTs are unique digital tokens that represent ownership or proof of authenticity of digital assets, often encompassing digital art, virtual real estate, collectibles, and more. Leveraging blockchain technology, NFTs offer a secure and transparent method for creators and collectors to trade and interact with digital content in the metaverse.
Keywords—Metaverse, Blockchain Technology, Cryptocurrrency, Non –Fungible Token
