With the growing adoption of the blockchain technology to develop the next generation of Web3 Internet and decentralised applications, Identity Management Institute has launched the Metaverse Security Center to increase awareness of metaverse security risks and Web3 security best practices through the Certified Metaverse Security Consultant (CMSC) training and certification program.

With the blockchain technology at its core, Metaverse is an advanced Web3 version of the current Internet which offers an immersive digital space to further transition our physical life into the cyberspace and reshape our way of life from finance, education, business, gaming, and entertainment to new ways for digital property ownership and payment with the use of NFT and crypto.

Ownership and self-custody are key characteristics of Web3 where power and control are returned to the users in contrast to today’s centralized Web2 applications. The new Internet is expected to offer portability, ownership, and transparency with the highest level of encryption and greater level of responsibility in private key custody, identity management, and security.