NFTs and Blockchain video games are the future of the industry, say from Electronic Arts

A blockchain (also block chain, English for block chain) is a constantly expanding checklist of documents in individual blocks. New blocks are created after an agreement procedure as well as connected to a present chain by cryptographic approaches. Each block generally contains a cryptographically safe hash (scatter value) of the previous block, a timestamp and also transaction data. A blockchain is an instance of a distributed ledger technology (decentralized performed account booster technology) or DLT and also is comparable in procedure to the journal of the bookkeeping. The blockchain is therefore likewise referred to as Internet of Value) as well as establishes the technological basis for crypto money such as Bitcoin. A blockchain can be made use of in the bookkeeping if unity need to be made on the existing as well as error-free state in a decentralized network with several participants (see additionally: Oriental mistake). What is documented is pointless to the concept of blockchain. Decisive is that later purchases improve previous purchases and confirm them as right by verifying the expertise of previous purchases. This makes it difficult to adjust or pay existence or web content of previous purchases without at the very same time to alter all later purchases. Various other participants in the decentralized bookkeeping identify a control of the blockchain after that at the incongruity of the blocks.

Blockchain Technology and NFT are fashionable in recent months, but they are also the center of criticism due to polluting work that these types of products have. When a company is added there are enough discrepancies about it, and it seems that in video games we will have a lot of this soon. In fact, signatures as Electronic Arts do not cut and ensure that they are the future of our industry.

That says Andrew Wilson, Executive Director of EA, with the Play-to-Earn games (plays to collect) and the NFT will be present in the sector soon. I think that in the context of the games we create and the live services we offer, Collectible digital content will play a significant role in our future, he says.

In addition, the manager also believes that it is soon, but it is already positioning itself about it. I think we are in a very good position, and we should expect us to think more innovative and creatively about that in the future, as we see in PC Gamer.

Of course, for now, EA has not officially entered the NFTs as they have made signatures like Sega. It is a swampy terrain, since games of this type, which serve to collect cryptomones, are criticized by society.

The high initial investment and the business around, being able to sell the content to other players, as well as the aforementioned contamination, are a field in which to go on the wire; In addition to the investment risks more of gambling or casinos than of interactive entertainment.