The nascent blockchain industry is undoubtedly a breath of fresh air in the otherwise quite stagnant financial sector and it seems it is about to team up with another industry that is destined to grow in the future. Virtual reality (VR) has already been used in a variety of areas, such as gaming, education, tourism and even medicine among many others and it looks like another use case will be introduced very shortly.
IOHK, the company behind Cardano, which is currently the 8th largest digital currency by market cap, will be developing a VR-based tool that will help to experience and feel the blockchain technology in quite a unique way. The 3D environment will allow its users to navigate and explore the tangible concepts of the distributed ledger technology.
Charles Hoskinson, CEO of IOHK, has said that “IOHK has a commitment to both education and design and this captivating and complex data visualization is the perfect combination of both. It’s beautiful as much as it is functional and our hope is that it will help make blockchain truly understandable for a whole new audience.”
The VR tool will reportedly have the same interface as the Symphony of Blockchain website, which has drawn praise for its innovative design and use of visuals and music. However, the new tool will come with a VR set that will help users immerse themselves into the 3D model.
Symphony of Blockchain is a web-based interactive tool that lets users play with a 3D model of bitcoin’s distributed ledger. Bitcoin blocks are designed in a chronological funnel and they expand and move upon clicking on them.
Speaking about the Symphony of Blockchain and alluding to the upcoming VR tool, Marl Lundin a partner at Kuva, which is a design company behind the project claimed that, “The best part is that it’s only the beginning and we will continue to work with IOHK to unveil further blockchain visuals that capture the unique essence of this complex technology.“
The Cardano blockchain has been created entirely using the Haskell programming language. The company has now begun teaching the language at the National Technical University of Athens and believes that such flexible languages need to be introduced to the masses in order to bring blockchain technology to the broader public.
Image Source: “Flickr”
I have been following the crypto markets since mid 2017, just in time to witness the incredible surge of the digital asset industry. Fascinated by the potential of blockchain technology I’ve started to dig deeper and that’s how I ended up meeting the Toshi Times team. I hold a Political Science degree, therefore the crypto regulation development is particularly interesting for me. I’m also heavily involved with music, running my own label, a YouTube channel and working with distribution. People call blockchain the ‘Fourth Industrial Revolution’ and I believe it will change our daily lives in the coming years and we will have the front row seats to witness it.