Blockchain Is Key to Metaverse and Web 3 Development: Goldman Sachs

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  • Blockchain technology is central to the development of the metaverse and Web 3, Goldman Sachs said in a research report.
  • Goldman analysts feel that cryptocurrency is just the beginning for blockchain.
  • For Web 3, blockchain allows for the “partial elimination of centralized control,” the note says. In the future, users will be able to log in without the need for a third party, such as Meta, Google or Apple, the note adds.

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