What are the key web 3 technologies for a decentralized metaverse?

Web 3 technologies are essential for the development of a decentralized metaverse. Some of the key technologies that play a vital role in a decentralized metaverse are blockchain, decentralized storage, and peer-to-peer networking. Blockchain technology acts as the backbone of a decentralized metaverse by providing a transparent and secure infrastructure for transactions. Decentralized storage is crucial to eliminate central points of failure and enhance data privacy. While peer-to-peer networking is essential to enable real-time interactions and collaboration between users in a decentralized metaverse. Together, these technologies can enable a metaverse that is open, decentralized, user-centric and truly autonomous.

This mind map was published on 19 May 2023 and has been viewed 73 times.