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METAVERSE(Immersive Media)

Blockchain
All network participants store and jointly verify the ledger in which transaction details are recorded based on a hash function (input data → fixed-length 'hash value' output) to ensure data integrity and reliability without a third party accredited organization skill to do.
Technical overview

Technology for blockchain based content distribution platform for data trading Use of blockchain to simplify procedures that required 3rd party involvement. Create direct data market services that guarantee data distribution transparency and quality Overcome limitations of data trading such as absence of trust, ineffectiveness of data usage, unsafe data exchange, etc.

Necessity and importance

(Market) Areas of communication, content, and automobiles in the blockchain AI convergence market are growing rapidly, at an average rate of over 27%

(Policy) Conforms with the policies and investment direction set by I-KOREA 4.0(‘18.1), Strategic Investment Direction for Innovative Growth (‘18.8), and Strategy for Blockchain Technology Proliferation (’20.6)

Applications

<   Application  Areas  for  Blockchain  Based  Content  Distribution  Platform  >

Areas Description
Distribution

Trade platform that replaces intermediaries and automates product and inventory management

Transport

Generate tokens based on vehicle movement tracked by GPS (Proof-of-Movement). Provide a platform that uses such mobility tokens for diverse applications

Authentication/ Ownership

Store information in blockchain for verification, authentication, and fraud detection to prevent notarial and ownership disputes (e.g., document forgery, tampering)

Metaverse

Market platform for trading in the metaverse virtual world