Virtual reality media platform, Sensorium, has appear its membership in the Global Blockchain Business Council, or GBBC — a Swiss-based not-turn a profit industry association for blockchain.

Sensorium will participate in GBBC'southward upcoming virtual forum on May 28, which will encounter the firm's director of technology Alex Blagirev discuss his predictions for how virtual social media will alter the fashion that people collaborate online.

Cointelegraph spoke to GBBC to discuss the intersection between social media and virtual reality, or VR, and the role that blockchain plays in the sector's time to come.

DLT protects copyright for user content

A GBBC representative stated that the convergence of VR and social media is already beginning to gain momentum, noting that major platforms such equally Facebook "are providing users with new ways to share and experience content."

"Within this context, blockchain technology volition probable play an important role in the creation of digital assets and an online virtual economy, the representative stated.

"Furthermore, blockchain applied science could be used to protect ownership and copyright, as well as create new models of advertisement in virtual worlds, much as it is already doing in the real world."

Blockchain may eliminate identity theft on social media

Sensorium'due south CCO, Brian Kean, emphasized the security benefits offered past distributed ledger technology, or DLT, stating:

Identity theft, fake accounts, etc. all will be to a large extent eliminated equally human participants in the socially-virtual world will be required to verify their identity via the blockchain.

Kean likewise revealed that blockchain will as well be used to "facilitate payment for created, third-party content."

Sensorium to appoint policymakers through GBBC

As a GBBC member, Sensorium will participate in a range of GBBC activities aimed at "advancing adoption of blockchain engineering and educating regulators, policymakers, and business leaders on the benefits of the applied science."

The two entities first began formally working together at the GBBC'southward flagship upshot, Blockchain Primal Davos, where Sensorium participated.

"We closed out the evening with a special demo of Sensorium's VR platform and a performance by GBBC Arts and Music Ambassador and Sometime Drummer for Guns N' Roses, Matt Sorum," added the GBBC spokesperson.