Blockchain, sometimes referred to as Distributed Ledger Technology (DLT), makes the history of any digital asset unalterable and transparent through the use of decentralization and cryptographic hashing. Blockchain is an especially promising and revolutionary technology because it helps reduce risk, stamps out fraud and brings transparency in a scalable way for myriad uses.
The concept of the Metaverse is to use immersive technology to create a second "virtual parallel time and space" in the physical world. People will be able to enter a new virtual world where they can work, socialize and play through virtual identities.
In the field of manufacturing and supply chain, the technical assistance of Industry 4.0 and 5G and AI, combined with blockchain, can promote the new development of manufacturing and achieve more effective integration of hardware, software and services.
Blockchain (or block chain) is a concatenated text record that connects and protects content by cryptography. Each block contains the encrypted hash of the previous block, the corresponding timestamp, and transaction data. This design makes the content of the block difficult to tamper with characteristic.