Metaverse, a decentralized open platform of smart properties based on Blockchain
technology, is committed to providing decentralized services based on digital
asset registration and exchange, digital identity and value intermediaries. As the first
public blockchain based on PoW consensus in China, Metaverse aims to establish an
open ecosystem in which digital value can be circulated freely.
Borrowing the measurement of particle disorder from thermodynamics,
the base token of Metaverse is called the Entropy, or ETP.
ETP can be used to measure the value of smart properties in Metaverse or as collateral in
financial transactions. ETP is backed by Metaverse equity, and its value is determined by
Metaverse’s growth and the market demand of ETP.
There are 100,000,000 ETPs in total.
It can be transfered and traded on Metaverse and is secured by ECDSA
(elliptic curve digital signature algorithm).
Avatar is developed base on the Metaverse ecosystem and its underlying functions. Its applications will evolve around BaaS and the Metaverse Wallet, aiming to offering verifiable and authoritative infrastructure services for all lines of business.
An avatar refers to an account’s profile information, corresponding to the master private key of a user. Each profile has a unique identifier called DID (Digital Identity) in Metaverse. Avatar includes the roles of Oracle and ordinary users.
As a blockchain solution provider, Metaverse provides customized services to business users or specific application scenarios in accordance with their needs. Metaverse’s BaaS framework mainly caters to business users with transaction or asset management needs. In the future, business users can no longer be grouped as they conventionally were and BaaS must be able to cater to digital identities in the broad sense.
We believe that Digital Identity and BaaS will eventually be applied in many fields including insurance, loan, auditing and credit reference.
Raymond He | Senior BD Manager of Viewfin