Convergence of real and virtual world assets and business models

Challenge No. 4: Handling the convergence of emerging blockchain technologies and applications in combination with real world assets

Another challenge is to connect digital ownership of real world assets in a simple and direct way. It is very important to create reliable bridging functions that connect the physical world with the Open Metaverse - including DeFi. With these, community members could participate in infrastructure projects and services connected via smart contracts. This transformation has the potential to build sustainable community value. The key difference to purely virtual ownership such as digital art is that it is underpinned by real assets. Therefore, it can form the basis for next-generation decentralized trading applications that can be used by everyone around the world.