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Blockchain is necessary for metaverse interoperability: Klaytn

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Blockchain is necessary for metaverse interoperability: Klaytn

Sam Sangmin Seo, Founder and Director of Klaytn Foundation, says blockchain technology plays a crucial role in metaverse technology, as it provides interoperability between different metaverses.

See related article: Kakao’s Klaytn Partners with OpenSea for NFT Expansion in Asia

Fast facts

  • “Blockchain can provide ways to implement the virtual economy in the metaverse,” Seo said.
  • “But that’s not all. Blockchain is needed to communicate between different metaverses, for them to interact, to be interconnected with each other,” he said.
  • Klaytn’s Own Cryptocurrency KLAY recently became the 57th cryptocurrency to be whitelisted in Japan, listed on crypto exchange BITPoint Japan earlier this month.
  • The Klaytn blockchain is a South Korean public blockchain platform established by Ground X, the blockchain subsidiary of South Korean internet giant Kakao.
  • The blockchain project is currently managed by Krust, Kakao’s technology subsidiary based in Singapore.

See related article: K-pop connects to metaverse strained by idol whims, inability to spin

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