The Blockchain In The Media Sector
As time changes, the media and entertainment industry trends correspondingly alter. Specifically, this sector involves a high amount of data transfer procedures.
NFTs impact the art world on a larger scale by changing how artists and collectors trade artwork. Digital artwork creators can sell directly to collectors through specialized platforms called NFT marketplaces, cutting out intermediaries and saving huge brokerage costs.
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The short answer is that this varies across blockchains. We’re going to take a closer look at smart contracts in the context of Ethereum and in the context of Solana - where they are referred to as “programs”.
On both of these blockchains, tokens are issued using smart contracts (on Ethereum) or programs (on Solana). How they are issued is very different.
Upgrade The Gaming Experience With Metaverse & Web3 Combined
Gaming has been the most hyped part of the Web3 and Metaverse. As both these technologies improve the gaming experience to multiple levels, people are quite curious about them. Let us see how both of them function together!
Infosys CEO Shares Metaverse & Blockchain to be a Focus Area
CEO also discussed the real-world applications of the metaverse, predicting that the advancing technology will enter the manufacturing and retail sectors in the “early days”.
Commenting on blockchain technology, Parekh stated Infosys uses blockchain during payment transactions between countries and institutions, stating that the fundamental technology of blockchain is very important.
