Let’s imagine you are meeting with your friends but not in the real world. You meet them in a virtual 3D world with the help of a VR headset.
Similarly, you can do everything in this virtual world that you do in the real world like shopping, studying, working, meeting, visiting, etc.
How does it sound?
The term “METAVERSE” became popular after Mark Zuckerberg announced that he was rebranding Facebook to Meta.
The Most Important Thing That Makes the Metaverse Popular is “Connectivity”. Today, each and every person is connected via the internet, mobile, tablet, computer, etc.
Here, I am super excited to explore all about Metaverse technology.
Let’s find the answer to the basic question
What is Metaverse? will the metaverse shape up the future? What are the main components are used in metaverse technology? How it is useful for use? And What technology work behind the metaverse.
What is Metaverse?
Metaverse word is created by two words “Meta“+ “verse“. Meta is a Greek word that means “Beyond” and the “verse” word is taken from “Universe”. In simple words, the metaverse is an artificial created virtual 3D world that is beyond the real world.
Metaverse used numerous technologies like augmented reality, eye-tracking, NFTs, blockchain, and virtual reality.
Examples of a metaverse include Fortnite, Roblox, and The Sandbox.
Did you know, the origin of the metaverse goes back to 1992, When Neil Stephenson, a science fiction writer, wrote about the Metroverse in his book Snow Crash.
What are the Benefits of Metaverse Technology
We can use metaverse technology in different fields. With the metaverse, we can see all objects in the 3D world. Like 3D buildings, virtually meeting, shopping, and other things we can easily do in the metaverse.
In the following points, I will explain to you the uses of Metaverse technology in different industries.
1. Consumer Can Test Products Before Purchasing
One of the biggest advantages for marketer and customers is that they could test any product before purchasing and this help marketer to sell more products online.
With the help of this virtual technology, customers can get first-hand experience with any product. Every seller will be able to sell products all around the world.
2. Hospitals and Medical colleges
As we know how technology and medical instruments help to find every problem but they also need to become more advanced.
But in some cases, technology is not able to find problems. So, here virtual technology helps to collect a vast amount of data for their research.
This virtual technique also helps college students to learn in detail about the working of the human body and organs.
3. Makes Gaming More Real
The gaming industry is one of the biggest growing industries in the world.
Because of loneliness, instant pleasure, and becoming winners, people love games. And customer loves games that look more real, and use HD colors, etc.
Today’s games like PUBG, COD, vice city, etc are becoming popular day by day because they use a virtual world.
Here metaverse provides another world where we can play the game in the virtual world.
4. Helps to visit another country
Lots of people want to visit other countries but they can’t visit because of money.
Before visiting a country, you can visit in metaverse to take the right decision and can create a complete blueprint of visiting a country.
5. Engineers and Medical Students:
Engineers and medical students need more practical knowledge than theoretical knowledge.
But with the help of metaverse technology, engineers can design motor parts, buildings, cars, etc and medical students can see all working of the inner human body and parts.
So, this can change the way of studying.
What Technologies Does the Metaverse use?
If you want to know more about Metaverse Technology after knowing the uses of Metaverse.
In the following points, we are discussing how the metaverse might evolve in the future and what technologies are used in it.
As we know, Blockchain or cryptocurrency are the two most popular technologies in today’s world.
And how exactly blockchain technology works?
And both technologies play an important role in Metaverse. Because of blockchain, Metaverse technology is decentralized, highly secured, and fully transparent in some cases.
In the metaverse, we use cryptocurrencies for transferring value in different activities. Blockchain technology uses PoW or PoS systems to successfully add a block to the blockchain.
For example: If anybody wants to buy land or NFT in the metaverse, they can easily and securely purchase it through cryptocurrency.
2. Augmented Reality and Virtual Reality:
AR and VR are two major technologies that help to provide engaging and immersive 3D experience in the metaverse.
Both technologies are mandatory to develop a metaverse environment or accessing of the virtual world.
Augmented reality is like your camera that provides an enhanced and interactive experience of the real physical world.
Anybody can access AR via the help of a smartphone or camera.AR applications enable the viewing of people and their surroundings with interactive visuals.
But in the case of Virtual Reality (VR), that is developed by computers or engineers. They create a virtual world that anyone can access via VR headsets and gloves.
Both AR and VR technologies developing more and more, their applications in Metaverse technology use cases will become more mainstream.
3. Artificial Intelligence:
Artificial Intelligence(AI) is intelligence that is demonstrated after analyzing lots of human data. Computers and robots can be controlled by AI.
Over the years Artificial Intelligence has developed many interesting things like strategy planning, facial recognition, efficient combinations, insight-based decision making and many more along the way.
AI helps to develop lots of different things in Metaverse Like the functioning of characters, creating metaverse avatars, AI engines for analyzing images, and developing expressions, traits, and clothes.
4. Internet of Things
The Internet of Things is turning all your devices into connected machines that can automatically send or receive information and make our lives easier.
For example, voice-activated speakers, medical devices, cameras, thermostats, phones, etc.
In the metaverse, the use of IoT is to collect and provide data from the physical world. It connects physical devices with the 3D world.
5. 3D Reconstruction:
3D reconstruction is even more popular for designing buildings, cars, and machines. And this technology will help to create buildings, houses, cars in the metaverse.
So, buyers can visit any property from any location in the world and make a perfect decision.
What Components are Used in the Metaverse Technology
Components are very important for developing a technology solution.
Now we need to look at which components are used in Metaverse technology that helps it to make a virtual and interesting world.
Developing a Good Infrastructure:
For developing any technology solution or platform, we need to create a Good infrastructure for backing them.
In metaverse, the mainly focused infrastructure is connectivity technology such as cloud computing, computing resources, and Wi-Fi connectivity.
The interface plays a very important role to grow every business. Because a good interface helps to find or learn new things easily.
Some interface technologies are used in metaverses such as haptics, VR headset, AR glasses, and many other technologies.
Decentralization is one of the biggest popular and interesting technologies all over the world.
Decentralization is a highly secure system that is not controlled by any organization or government or company.
Lots of different industries are developing platforms based on decentralization. Dectralizated technologies include blockchain, edge computing, AI and other tools.
Spatial Computing technology plays a base role to develop a three-dimensional virtual world in the metaverse.
This technology is crucial for developing an immersive experience.
This technology provides an immersive and amazing experience to the user.
You can do many interesting things in the metaverse like interacting with your friends, conducting meetings, visiting, shopping.
Lots of various platform are develped for metaverse.
Platform included like visiting a country, real estate, health or learning, etc.
Some Example of Metaverse Company:
Some companies are already working on this future technology, they are expanding this technology and finding new ways to make money.
Here are some most interesting examples which showcase favorable prospects for the long-term growth of the metaverse technology.
- Facebook: In November 2021 facebook replaced their name with meta. They will make a social media platform in the metaverse where individuals will make friends, do meetings, and do all stuff like Facebook.
- Microsoft: Microsoft is also building a work-focused metaverse called “Mesh”. In this, you can control the windows system, play games, and do many more things.
- Decentraland: Decentraland is an open metaverse platform for buying or selling property. Here you can visit land from your home to any location. At that time this has to become popular for virtual real estate auctions.
So, after reading this article carefully, what do you think about the metaverse.