Blockchain technology is playing a crucial role in the development of the metaverse, a shared immersive platform combining spatial communications and the internet.

The blockchain provides a distributed ledger of all transactions in the metaverse, ensuring transparency and security. It also enables the development of unique identity verification systems and voting authentication mechanisms for decentralized autonomous organizational (DAO) governance.

Several blockchain platforms, including Ethereum, Cardano, Solana, Polygon, Binance Chain, and XRP Ledger, have helped build popularity among many metaverse platforms. The blockchain is crucial for the metaverse for its security, trust, and integration with the global economy.