Tag: VR

  • How Blockchain Affects The Videogame Industry

    How Blockchain Affects The Videogame Industry

    While Distributed Ledger Technologies (DLT) are mostly used to create alternative monetary systems like Bitcoin (BTC), the commonly referred to as blockchain technology underlying these systems could and is being used to modernize other industries at a significant scale. Take IBM’s Hyperledger for example, which allows supermarkets like Walmart to accurately track and authenticate physical…

  • Facebook Inc. (NASDAQ:FB) have to pay $500m on illegitimate use of VR technology

    Facebook Inc. (NASDAQ:FB) have to pay $500m on illegitimate use of VR technology

    According to reports US court has ordered social networking giant Facebook Inc. (NASDAQ:FB) and other defendants to pay $500 million after establishing that they illegally used a company’s virtual reality technology. The court said in a verdict that, Facebook Inc. (NASDAQ:FB) owned Oculus, used video game developer Zenimax’s computer code to promote its own VR…