In the following years, we’ll hear a lot about the metaverse. Although metaverse initiatives are still in their early stages, they are fast scaling up, employing technologies like blockchain, augmented reality, virtual reality, the Internet of Things, artificial intelligence, and digital twins to redefine our digital capabilities.
Metaverse projects aim to build personal digital places for users, whether as a platform for work, pleasure, engagement, or social contact. Metaverse projects will need to concentrate on the critical aspect of user identity and authentication in this setting. Because the metaverse concept is based on the idea of numerous digital worlds, identity authentication will be necessary to allow users to transition from one world to another, much as it is when we travel from one city to another or one country to another.
What role does identity play in the metaverse?
Although the metaverse is not a new concept, it gained traction after Facebook changed its name to Meta and Mark Zuckerberg posted a video describing the metaverse they are creating. In terms of the metaverse, we have only scratched the surface, and the possibilities are limitless in the future. So, what is this metaverse going to be like? Will the metaverse be accessed by everyone sitting at home with a VR headset? Although the movie given by Mark Zukerberg suggests such a future, we do not now have such a metaverse.
The metaverse is a notion that goes beyond today’s popular gametech and social media paradigms. It’s more about mimicking the physical world in the digital domain and allowing interactions similar to those we have in our everyday lives.
The majority of current metaverse initiatives are gaming platforms. These metaverses are fully immersive, giving users a sense of presence thanks to 3D modeling and animation. They also provide a higher degree of involvement in terms of functionality, with features like advanced UX, community building, in-game asset trading, and play-to-earn options. Metaverse platforms can be decentralized or centralized. This insight is focused on the decentralized metaverse, where SSIs play a larger role.
The metaverse’s adoption isn’t limited to the gaming industry; there are also metaverse projects focused on other topics, such as platforms for buying and trading digital assets, social networking, connecting with friends, experiencing different cultures and lifestyles, and creating tokenized items, starting businesses, and exploring space. Users can explore an altogether new set of virtual experiences within the domains of metaverses, which go outside our conventional perceptions of Internet-based encounters. However, identity identification is a critical requirement for the metaverse’s true success. Here’s why metaverse identity is so crucial.
- Various metaverse platforms that operate in walled spheres permit multiple virtual experiences. Avatars, live events, currencies, and big-brand marketing are all possible in the metaverse, but hopping between them is currently not possible; for example, you can’t jump from Decentraland to Axie Infinity.
- Because interoperability makes a metaverse project more relevant and purposeful for consumers, metaverse platforms place a high priority on it. In the sense that users must have several avatars or identities for each platform, metaverse projects as segregated or fragmented platforms fail to give users a holistic experience. Their digital assets’ value is also limited to a particular metaverse.
- Users will wish to smoothly transition between different realities (metaverses) for a cohesive experience. Users will require identity identification in order to maintain the same avatar and personality across platforms.
- To verify that avatars are genuinely who they claim to be, a metaverse-specific identity system is required. Verifiable credentials can assist regulate identity crises and even transactional scams by stopping impersonators from inventing identities.
To read more – https://www.leewayhertz.com/metaverse-self-sovereign-identity/
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