# Advantages of blockchain technology for the platform

The project of creating the Spheroid Universe AR-ecosystem as a universal environment for creative and economic activities for millions of users was impossible prior to the emergence of the blockchain technology and the development of smart contracts.&#x20;

Blockchain technology allows the platform to effectively resolve a number of practical tasks:

1. Create a secure digital real estate ledger, which guarantees users the retention and management of their property rights
2. Organize a potentially infinite number of people to work on platform tasks and take their efforts and interests into account.
3. Create instruments in a competitive struggle with IT giants, whose aggregated resources and capabilities exceed those of the platform. Create a space where developers, artists and users will jointly create and develop products, making a profit in the process.
