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Goldman Sachs says the metaverse has got to run on blockchain, and heralds crypto tech as a huge disruptor
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markets.businessinsider.comThe Sandbox
Goldman Sachs has said crypto technology will be at the heart of the metaverse, as it will allow people to securely own digital items across different virtual worlds.
The Wall Street bank's analysts, led by Rod Hall, heralded blockchain tech as «one of the most disruptive technology trends» since the early days of the internet, in a note published Tuesday.
The metaverse is a loose term that refers to virtual worlds in which people, in the form of avatars, can game, work, play, socialize and trade.
In October, Facebook announced it was changing its name to Meta and would be focused on building virtual worlds, which it said are the future of the internet.
Decentralized, crypto-focused gaming metaverses such as Axie Infinity and The
Read more on markets.businessinsider.comAbout this in other media
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