The IOBSA: Money in the Metaverse

Chapter 8: Trust and transactions


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https://londonpublishingpartnership.co.uk/books/money-in-the-metaverse-digital-assets-online-identities-spatial-computing-and-why-virtual-worlds-mean-real-business/

Chapter 8, titled "Trust and Transactions," explores the crucial role of trust in facilitating transactions within the Metaverse. The authors emphasize that the current lack of a secure and reliable infrastructure for online interactions undermines trust, which is essential for successful commerce. They argue that, unlike traditional platforms where trust is often placed in the platform itself, a more resilient infrastructure that prioritizes security and privacy is necessary. The chapter also discusses the implications of high-risk interactions, such as medical consultations, and calls for a narrative that emphasizes the importance of building secure and trustworthy environments to encourage users to engage in transactions safely.

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The IOBSA: Money in the MetaverseBy Andre van der Merwe