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Authentic Identity on the Metaverse

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Authentic Identity on the Metaverse

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Metaverse and Web3 are buzzwords that are being talked about right now, with concepts that have mushroomed throughout the world of fintech, blockchain, and even mainstream media.

Especially with the metaverse in the world’s spotlight, since Mark Zuckerberg changed his company name from Facebook to Meta.

This digitalization, actually relates to the ongoing aspect of our lives, many have the opinion that the metaverse will touch everyone’s future, and will change the way we interact with technology significantly.

This has been widely debated as to how the metaverse will look and what it consists of. Then, the metaverse is also considered to be all-encompassing for many interpretations, one of which the metaverse will replicate the physical world in a digital context, which allows interactions similar to what we experience in the real world, just like everyday life. In theory, this would include augmented reality, the digital economy as well as the web3.

With an unprecedented amount of data online, there are concerns over data security, privacy and interoperability. This, potentially hinders the development of the metaverse, however, existing identities can ensure that we really have identities and data about ourselves in this new space.

In the month of independence for Indonesia, independence and authenticity are certainly things that we uphold, especially in the face of changes in this digital era. So, what things should be an important concern for us if we want to dive into the world of the metaverse? One of them is decentralized power and control.

Blockchain technology using a decentralized model will support web3 and metaverse, which is predicted to offer a new level of openness

Web3 will have full decentralized power and control for each of its users who own their digital assets, personal data and identities.

But, the concern of whether users will actually have complete control over their credentials is still in doubt.

Then how?

Curious? Watch more here!

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