3 Things That Will Shape the Future of Video Games
Being one of the fastest growing industries in the world, the gaming industry is primed for further success in the coming decade. There are several reasons for this, but continued growth and expansion is primarily being driven by increased adoption and innovation with the blockchain space, Virtual Reality (VR) and Augmented Reality (AR) innovation, as well as the expanding demographic of gamers and enthusiasts.
Let’s quickly look in to these three factors and explore why video games will likely be at the forefront of our digital future.
1. Blockchains
Blockchain technology is currently at the center of the movement back to a decentralized Internet. Decentralized networks are composed and made possible by individual computers. Because of its inherent structure, a blockchain is far more immune to malicious interventions than its centralized counterpart, and can offer “true ownership” to all things within its jurisdiction.
The implications of storing and securing information on a blockchain will be a major breakthrough for gamers and developers, as the technology improves data integrity with digital assets that may be tokenized, traded, and stored. Blockchain integrations will allow for unmediated, secured, cheap, fluid, and fast transactions for in-game exchange and enable players to transfer and securely store in-game value they have created on to the blockchain.
Blockchains may be the future of distribution as well. With that said, while blockchains allow us to solve many problems by introducing a trustless intermediary, they are certainly not the solution to everything.
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