High Fidelity, an open-source distributed VR platform, has announced that BLOCKv, a platform for creating and publishing digital objects on a blockchain, is joining the Virtual Realty Blockchain Alliance (VRBA). Through the VRBA, High Fidelity and BLOCKv will work with other virtual world providers to ensure that digital assets, currency and identity from each platform can be used on the others, enabling the free flow of people and digital possessions between different virtual experiences.
BLOCKv technology will enable digital creations, called Virtual Atoms or ‘vAtoms’ to be taken into virtual worlds built using High Fidelity. Those assets could then be used or even modified in-world like any other 3D virtual object. Equally, content owners inside High Fidelity will be able to export their creations to augmented reality applications, where they can be found, experienced and collected by users of BLOCKv.