Friday, March 29, 2024

fidelity investments metaverse

by Hideo Nakamura
fidelity investments metaverse

Fidelity Investments Metaverse is a blockchain-based virtual world that seeks to revolutionize the way people interact with their money. The platform, developed by Fidelity Digital Assets, allows users to buy and sell digital assets on an open marketplace as well as access other services such as payments and identity verification.

The platform uses distributed ledger technology (DLT) which enables it to provide secure transactions while also allowing users to have full control over funds in their wallet. As of now, only Bitcoin can be used for transactions within the Metaverse but more cryptocurrencies will eventually be added in the future.

In addition to buying and selling digital assets, users are able to create various types of applications built on top of the network’s infrastructure using meta tokens known as “Metaverses” or MVTs for short. These tokens serve as incentives for developers who want build apps and games using Metaverse’s decentralized application development environment called AppWorks Studio. Through this tool, app creators can easily design smart contracts without needing any prior experience coding them from scratch themselves – making it easier than ever before for non-technical entrepreneurs launch innovative projects through an easy drag & drop interface!

Ultimately, Fidelity Investment’s goal with its Metaverse project is become one of largest players in cryptocurrency space by becoming a reliable hub where both individuals businesses can safely trade digital assets securely no matter what type they might be holding at given time!

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