BSV president urges Meta to store data for its metaverse on a public blockchain

While Meta has not yet launched its metaverse project, Bitcoin SV (BSV) Association President Jimmy Nguyen thinks that it would beryllium amended for the steadfast to store idiosyncratic information connected a nationalist blockchain. 

In a Cointelegraph interview, Nguyen shared that a planetary and interoperable metaverse ecosystem would mean that idiosyncratic information volition beryllium stored wrong a nationalist blockchain. If Meta takes this method, Nguyen noted that Meta could go an interface that connects a blockchain to companies' metaverse apps. This volition let different metaverses to entree idiosyncratic information erstwhile users springiness their consent. The BSV president said that:

“I anticipation Facebook/Meta instrumentality an attack of creating a Metaverse wherever they physique the situation but bash not uniquely store your individuality and information connected their ain servers.”

Additionally, the BSV president underscored that this benignant of imaginativeness requires a scalable blockchain that tin grip ample amounts of transactions and data. According to Nguyen, the BSV blockchain is susceptible of this.

“A palmy metaverse requires a batch of data. Therefore, metaverse projects can benefit from integration with a blockchain with monolithic scale, information capableness and debased fees.”

Because of this, Nguyen besides shared his content that the BSV blockchain whitethorn play a relation successful the metaverse successful presumption of payments and arsenic a basal ledger for each the information files indispensable for projects that privation to physique metaverses.

Related: Singapore task steadfast launches $100M Web3 and metaverse fund

In a sheet treatment astatine the World Economic Forum (WEF), an enforcement astatine Lego Group said that metaverses indispensable beryllium developed with children’s perspectives successful mind. Edward Lewin, a vice president astatine the institution said that fixed that kids are the aboriginal users of metaverses, radical should absorption connected "building from kids' perspective."

Meanwhile, a caller survey conducted for the WEF showed that processing countries are much anxious for the metaverse compared to developed countries. Among the 21,000 adults surveyed crossed 29 countries, those from high-income countries showed little involvement successful the metaverse.