In the age of social media, digital and digital games have become synonymous. From Bitcoin gaming to virtual worlds on smartphones, the digital gaming space has become an essential part of every gamer’s everyday life. In fact, every single one of these new digital games have a digital component. Let’s see how blockchain technology can be used to increase the sustainability of software and services while also improving trust and security in the industry. That’s right: Gaming is now at the intersection of blockchain and digital media. While it’s obviously not a perfect match yet, both legs of this journey together are a step in the right direction for gaming. Moreover, with so many players actively exploring the side (and not just the end) of virtual reality gaming as a medium, there is a strong possibility that this space will only continue to expand over time. Let’s take a look at how all these aspects interact or don’t interact with each other in the gaming industry today:

Blockchain and Games

Blockchain technology is a decentralized, distributed and public ledger that can record and verify transactions across many decentralized computers. It’s the basis for decentralized digital identity management and has been used in digital identity management systems for years. In essence, blockchain technology is like a message board where you can create and post content, verify your identities and track your progress. It’s also the basis for smart contracts, which make it possible to create a “financial invoice” of sorts that can be used to pay bills and/or enforce promises.

Digital Content And The Future Of Video Games

blockchain can be used to record events in a digital format such as a video game, enabling the player to see their progress and see how the other players are doing. It can also be used to store information such as game data, achievements and preferences. Blockchain technology can also be used to store your private data like your music, photos, videos and investment ideas. This kind of data storage and management is essential for privacy and security as it can help to prevent cyberattacks and codifies your data in a tamper-proof way.

Gameplay And Blockchain

Blockchain is a technology that enables distributed and transparency-based trust and accountability. It’s used to create a digital ledger that records and verify transactions across many computers. It works in tandem with a smart contract, which is a contract that can be fulfilled or broken down into i) actions and ii) terms, where the terms can be defined via the blockchain. These terms can vary depending on the type of product or service being supported and are used to set prices, set transaction amounts and make payments.

Gamer’s Union: A Key Factor In The Decade-Old Development Process

We mentioned above that blockchain and digital games are together a step in the right direction for gaming. This means that the industry has a long way to go before it steps on the blockchain and digital media trail, but the key factor in this is the Gamer’s Union. This is the largest professional gaming organization in the world. It’s based in the US and has been operating since 1983. The organization’s purpose is to promote, protect and highlight the financial success of the global gaming industry. During the gaming industry’s early years, the primary focus was usually on video games, but over time, the Gamer’s Union has become an important voice for all the different industries that make up the digital gaming space. As of now, it has a mission to “promote, protect and strengthen the gaming industry as a whole through education, lobbying and engagement.”

Decade-Old Development Process

The key factor in the gaming industry’s growth during the 90s and 2000s was the adoption of digital technology. This included the use of the internet, social media, gaming and most importantly, blockchain technology. It doesn’t matter if you play video games for $100 or $100, whatever you do, the internet and digital technology has a role to play in determining your success or failure as an industry. All these technologies have a role to play in the gaming industry’s development as they allow new and innovative products to come to market while also establishing trust and transparency in the process.

Conclusion

All in all, the gaming industry is going to have a difficult time closing the digital divide with the new digital media technologies and their conflicting goals. It’s even harder with the new digital games. With so many different types of games and the fact that they’re all changing so rapidly, it’s hard to know where to start. The gaming industry has the ability to leapfrog many of these new forms of technology, or at least keep up with the curve. The future of gaming relies on the adoption of new technologies and a mindset that sees digital media as an extension of the gaming industry. As a society, we’ve lost track of the benefits of digital media. We’ve grown too attached to the devices, the games and the Brands. We’ve lost touch with the benefits of technology, of course. But the future of gaming is not connected to these technologies or the industry at large. It’s connected to one man, the gamer, who is willing to put down the controller, look in the mirror and review what he’s done, and accomplish.