Welcome to Digital Currencies | Block Chain | Artifical Intelegence |Metaverse |Non-Fungible Tokens
Welcome to Digital Currencies | Block Chain | Artifical Intelegence | Metaverse | Non-Fungible Tokens | WEB 3
Digital Currencies :
Digital currency is any currency, money, or money-like asset that is primarily managed, stored or exchanged on digital computer systems, especially over the internet. Types of digital currencies include cryptocurrency, virtual currency and central bank digital currency.
Blockchain Technology :
Blockchain technology is an advanced database mechanism that allows transparent sharing of information within a network. The data is stored in blockchain database in blocks that are linked together in chain.
Types of block chain networks :
Public blockchains
Private blockchains
Hybrid blockchains
Consortium blockchains
Each one of these platforms has its benefits, drawbacks and ideal uses.
Metaverse :
It is a wide-ranging branch of computer science concerned with building smart machines capable of performing tasks that typically require human intelligence.Artificial intelligence allows machines to model, or even improve upon, the capabilities of the human mind.
Metaverse :
It is a vision of what many in the computer industry accept that the next iteration of the internet: a single, shared, immersive, persistent, 3D virtual space where humans experience life in ways they could not in the physical world.
According to Mark Zuckerberg, mankind will migrate into the metaverse in the future, leaving reality behind for a world that we create and govern entirely.
Non-Fungible Tokens ( NFT ):
They are unique digital assets that exist on a blockchain, which is a decentralised digital ledger that records transactions. Think of NFTs as digital collectibles or artwork that are unique and can't be replicated.
They can usually be purchased on NFT marketplaces such as OpenSea
Web 3 :
Web3 is an idea for a new iteration of the World Wide Web which incorporates concepts such as decentralization, blockchain technologies, and token-based economics.
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