Somnium Space Joins Virtual Reality Blockchain Alliances

While many people are still not fully aware of exactly what Blockchain is or what it can do, many companies are turning to the technology to allow for shared virtual spaces that do not need to be maintained by a single corporate entity. One such initiative along these lines is the Virtual Reality Blockchain Alliance, or VRBA, which has just welcome Somnium Space as its latest member.

Somnium Space is a cross-platform virtual reality (VR) world which allows anyone to buy land, build or import objects to create a shared, user-created virtual universe. Somnium Space will be joining VRBS founders High Fidelity and JanusVR in an effort to create a blockchain-powered universal platform.

As part of the VRBS, Somnium Space will serve a node host for the High Fidelity Blockchain, so assets and identities created in High Fidelity or JanusVR will be recognised by Somnium Space, and users of those services will be able to control what information they share and how they are seen within each experience.

“We’re excited to join the VRBA to make travel between virtual worlds easy and enjoyable,” said Artur Sychov, founder of Somnium Space. “When VR users can access their identities and assets wherever they go in the metaverse, it will make digital content more valuable and accelerate the growth of the VR industry as a whole.”

“We believe virtual identity should be portable, private and completely under your control,” said Philip Rosedale, CEO and founder of High Fidelity. “By storing this data on the blockchain, we can provide access to your personal data anywhere, while ensuring that you, and only you, get to decide who to share it with.”

Users will be able to transport between VR worlds by utilising the Oasis plugin recently released by Somnium Space in partnership with Admix.

For further news and updates on how blockchain is being used in VR and AR, keep checking VRFocus.