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HOW METAVERSE CAN IMPACT THE WORLD? FUTURE OF TODAY’S UPDATED TECHNOLOGY
HOW METAVERSE CAN IMPACT THE WORLD? FUTURE OF TODAY’S UPDATED TECHNOLOGY

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What is Metaverse?

The Metaverse is known as a three-dimensional web powered by Virtual Reality (VR) and Augmented Reality (AR). The Metaverse is persistent, independent, infinite, exchanging information, and in real-time.

Key Features of Metaverse

  • Persistent - it exists regardless of the user’s physical presence.
  • Infinite – It supports countless contemporary users.
  • Self-sustaining - The users can earn within the Metaverse and pay for their utility.
  • Interoperability – It helps users move their virtual items, including avatars, from one Metaverse project to another.
  • Real-time - It allows users to experience live experiences.

Benefits of metaverse

Addressing remote work challenges

It has the potential to address all the challenges of remote work. It provides managers with a virtual environment where they can meet employees, has a one-to-one conversation with them, makes sense of their body language, and understand the in-person interaction.

Great tool for healthcare professionals

A metaverse is the best tool for healthcare professionals and medical staff who were previously unable to visit patients. In the virtual world of the Metaverse, they can easily interact with the patient and have clear insight into their health issues.

Making online games more interesting for kids

In today’s world, most Metaverse games are decentralized with an integrated economic model to support play-to-earn gaming. Some games allow users to buy, sell, and trade in-game assets in the form of NFTs.

Providing the experience of virtual tours

In traveling, where the Metaverse comes into the role, and it allows people to visit places virtually where they can’t go physically. Using the combined power of the Metaverse, Augmented Reality, and Virtual Reality, an advanced virtual world is being developed that offers a first-person experience.

What are the top technologies powering the Metaverse?

  • Blockchain & Cryptography
  • Augmented Reality (AR) & Virtual Reality (VR)
  • Internet of things (IoT)
  • Artificial Intelligence

The Future of Metaverse

As the Metaverse, begins to incorporate Web 3.0, driven by blockchain technologies such as Cryptocurrency and NFTs, the future of the Metaverse would be familiar to the real world in several aspects and could similarly replace real-world activities such as frequent commutes.

The Metaverse of the future is based on the idea of functioning freely, devoid of significant interruptions from organizations or communities.

Understanding’ Metaverse’ with a real time-world example

The world has changed mostly after the COVID-19 2nd pandemic wave. For example, shopping malls started following social distancing practices. A few even temporarily closed. Organizations have adopted work-from-home working models, and people isolated themselves from huge gatherings and meet-ups.

Imagine you are thinking about a friend. Suddenly, you have communication with that friend, ask them for a meet-up, and they arrive in a couple of minutes. Can this be possible? Yes, it is because of the Metaverse.


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Harshita C. Jadhav
Founder and CEO

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