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Home » My Metaverse Minute Episode 17: How Evolving Digital Currencies May Change Financial Implications in the Metaverse
My Metaverse Minute

My Metaverse Minute Episode 17: How Evolving Digital Currencies May Change Financial Implications in the Metaverse

Kieron AllenBy Kieron AllenFebruary 25, 2022Updated:July 27, 20221 Min Read
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Acceleration Economy Metaverse

Highlights

00:07 — The MyMetaverseMinute.com newsletter is filled with exclusive content that you won’t find online. This week’s newsletter covers something that’s going to be very prominent as the Metaverse develops.

00:34 — The Metaverse is an opportunity to change the way that technology is created. We’re at the starting point in this technological revolution—so, the direction of travel is yet to be decided.

00:45 — One core area is how people conduct their financial activities online. Of course, cryptocurrencies are a huge player. It’s likely that digital currencies are going to propel the Metaverse forward.

01:01 — Exclusively available in the newsletter, this week’s article will be discussing how we can make this transition into new digital currencies more environmentally friendly. For instance, it covers some of the forerunners of environmentally friendly cryptocurrencies that will hopefully develop a new way of making transactions within the Metaverse that mitigate environmental damage.

01:24 — There’s a whole host of companies out there that are trying new things, such as using proof of stake over proof of work for consensus mechanisms.

01:36 — To get the whole low-down, you’ll have to subscribe to MyMetaversetMinute.com and read the article this week.


Want to compete in the Metaverse? Subscribe to the My Metaverse Minute Channel:

Acceleration Economy Metaverse

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Analystuser

Kieron Allen

Cloud, AI, Innovation
Cloud Wars analyst

Areas of Expertise
  • Business Apps
  • Cloud
  • Cybersecurity
  • Data
  • LinkedIn

Kieron Allen is a Cloud Wars Analyst examining innovations in, and the future impact of, the latest AI, cloud, cybersecurity, and data technology developments. In his ongoing analyses and video reports, Allen focuses on the platforms, applications, people, and ideas that will mold our digital future. After serving as the Online Editor for BBC Sky at Night Magazine and as the Editorial Assistant for BBC Focus Magazine, Kieron became a freelance journalist in 2015 where his focus on the business technology market became a key passion. Kieron partners with technology start-ups and organizations that share his interests in science, social affairs, non-profit work, fashion and the arts.

  Contact Kieron Allen ...

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