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- Technologies like AR, VR and AI are the real USPs of Metaverse
- Blockchain will build NFTs and crypto will build the financial ecosystem within the metaverse
Science and innovation are dynamic and very enticing entities in themselves. It took almost a decade to shift from web development to the inception of the immersive digital world. Metaverse roughly sounds like a sci-fi concept. It indeed is, as it blurs the lines between the real world and the virtual world. Let’s first know what the metaverse is before we dig into the technologies empowering it.
About The Metaverse
The metaverse is something that is going to change the way we interact with our surroundings soon. We might have seen bits and pieces of it in movies such as Ready Player One, Iron-man etc. Popular fictional character Tony Stark creates a metaverse-like world where Jarvis is like his AI assistant or bot. Also, the fact that he can visualize anything that he wants in his specs lens screen display itself further implicates the use of AR (Augmented Reality)
Metaverse is a futuristic technology still in its developing phase; however, many corporations and industries have already started to make use of it. Automobile giants like Toyota are giving their customers a test drive with the help of virtual reality and the metaverse, which surrounds them. Various banks, such as Union Bank of India and JP Morgan, have already created their own banking metaverses
Top 5 Innovative Technologies
- Artificial Intelligence (AI)
The fact that Democrats in the US have formed a special ‘Working Group’ to look after the reformation and advancement of AI (Artificial Intelligence) tells a lot about this path-breaking innovative technology, which itself is the backbone of the metaverse. AI in the metaverse is going to increase scalability, enhance cybersecurity and help with the creation of interactive 3D digital avatars.
- VR (Virtual Reality)
With the help of VR gadgets and headsets consisting of in-hand controllers with joystick functionalities, a user can transform into a virtual realm by detaching completely from the real world. Interaction with all the elements in the virtual world is possible with the menu interaction buttons in the controller, which also facilitate the drag and drop properties.
- AR (Augmented Reality)
AR, on the contrary, is slightly different from VR as it does not let a user detach completely from the real world; instead, it adds the desired digital element to our real-life natural surroundings. Microsoft’s Hololens is an example of mixed reality AR glass. Indian telecom giant ‘Jio’ has also launched its AR glasses in collaboration with Tesseract.
- Blockchain
Metaverse and Web3 both facilitate blockchain technology. Apart from being an innovation that augments the financial and economic ecosystem within the metaverse, blockchain also helps in protecting and decentralizing data. It can be utilized to store in-game assets, digital elements, NFTs, etc
- Edge Computing
Metaverse is surely going to require high energy consumption and a robust tech infrastructure for faster data transmission, which can be achieved with the help of edge computing. A newer version of edge computing offers the perk of utilizing edge computing features instead of setting the complete hardware infrastructure
Conclusion
Each of the technologies involved in the creation of a metaverse complements and enhances each other. Moving towards the immersive, interactive and interesting world of the metaverse, all the technologies functioning together in unison are going to play a crucial role.
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