Digital fashion is the interconnection of mixed reality and tailoring. Clothing is progressively transformed into a "social media art form", digital fashion aspires to blur out the boundaries between the photographic image of a real dress and a virtual dress.
Can we achieve high returns with purely virtual real estate? With the persistent hype surrounding the metaverse, an acceleration of new concepts in the virtual economy is arising.
In light of the dystopian potential of the metaverse's economic impact, metaverse initiatives that are dominated by corporations may face strong objections from regulators. However, open systems running on Blockchains have the potential to be a more viable path.
For unbanked individuals, DeFi solutions allow bypassing the barriers imposed by traditional financial service providers and interact with finance on a global scale.
A distributed ledger concept can provide real-time verification of payments eliminating the necessity for intermediaries including banks and clearinghouses. This allows payroll processes to be streamlined, accelerated, and made dramatically less expensive.