Five Pillar Technologies that are Powering the Metaverse
Ahhh, the Metaverse: a sci-fi-esque concept to those of us who don’t throw the term around in everyday conversation. Yet, it’s actually as real as the internet. Think about it: the internet actually started back in the 1960s as a way for government researchers to share information, but hipsters back then hadn’t the foggiest of its potential. The idea that by the 2000s we’d be using MySpace and Facebook to keep in daily, in-real-time contact with our peers? No way!
So while this new technology seems like something pinched from a Sci-Fi novel (well, it kind of was, right Neal Stephenson?), time is well and truly changing, and with that, the way we shop, entertain ourselves, socially interact, and live, is changing too.
Let’s put things into perspective. Our current internet (or Web 2.0) takes its form in the websites and e-commerce that we scroll through and click to interact with. The Metaverse (that is, Web 3.0), is the successor to what we know as the internet today.
It’s simply the next phase: an extension of our physical lives into the digital realm. It’ll bring users into websites and stores where they will interact with digital content as avatars. With improved comfort, entertainment, and all around living experience on the horizon, the vast and unlimited potential of the Metaverse is making it truly an exciting time to be alive.
Currently, there are 5 major technologies that combine to power this gargantuan development:
1. AR & VR
You guessed it: that’s Augmented Reality and Virtual Reality. These technologies change the major features of the Metaverse by creating immersive and engaging 3D experiences for users, and opening up vital entry points to the virtual world.
With VR technology, users are immersed into virtual worlds via onboard servers with the help of VR glasses (which can be paired with handheld smart-devices, or a computer) through which they can explore the Metaverse to shop from businesses, explore stories, play games, and hang out with friends. AR on the other hand forms as a digital overlay that’s projected onto their real environment (think Pokemon Go) to fuse virtual and real environments via a camera.
At Exarta, we’re adopting “On-Screen” VR to make our platform accessible to the wider market, while eliminating the need for expensive VR headsets. This means anybody can enjoy our virtuality through PC, Laptops, Smartpads and phones. We’re all for inclusivity and ease of access!
The bottom line is, folks, that when it comes to AR/VR technology, possibilities for gaming, learning, entertaining, communicating, buying, and selling, are endless.
The Metaverse supports usage of NFTs, Smart Contracts, and Cryptos. Yet with its huge responsibility of handling colossal amounts of data, concerns such as security, speed, scalabilityand transparency have naturally arisen.
Enter: Blockchain, the solution technology that aids the Metaverse in protecting, controlling and decentralizing data, and allowing transparency over data modifications.
Blockchain allows for the virtual ownership of in-game assets, smart contracts, virtual real estate, NFTs, and much, much more. The vibranium shield to the Metaverse’s belt, though, is Blockchain’s traceability: it assists developers in tracing potential trigger events that could expose servers as vulnerable or unsafe for its users.
3. Edge Computing
EC is a technology that takes care of the faster data transmission requirement that the Metaverse’s advanced infrastructure must fulfill for modern business all over the world. Edge supplies end-users with storage, computation, data and application solutions such as cloud computing services.
And with the newest version of EC, Distributed Computing, users can enjoy edge computing features freely without the hassle of setting up an entire hardware infrastructure. For the common user, distributed computing is undoubtedly set to play a fundamental role in delivery of features.
4. Artificial Intelligence
AI helps to maintain the efficiency of the Metaverse’s infrastructure layer by analyzing 2D images or 3D scans to generate avatars that look more realistic and accurate. With AI’s processing abilities, unscripted NPC storylines can be placed across 3D spaces to facilitate lifelike conversations with users, or perform other specific tasks. And this technology’s capabilities goes beyond User Experience. AI is also used to monitor servers for improved cyber security, strengthening servers’ ability to combat bullying and harassment, and cultivate a safe space for users.
5. Internet of Things
Since the Metaverse is a technology that uses wireless on a mammoth scale, intelligent IoT sensors play a fundamental role in enabling its efficiency of function. IoT servers are used to pair up devices like VR headsets, haptic gloves, speakers, and voice recognition, to name but a few.
As with the other technologies we’ve listed, IoT possibilities don’t end in one strand. IoT is capable of enabling realistic responses to interactions within the Metaverse.
Get a load of this: with haptic gloves, for example, every time a user interacts with a virtual object, IoT sensors transform these interactions into data that can actually be felt when a user wears the gloves. AI is literally placing the impossible within our grasp.
There’s no doubting it: these big 5 are crucial technologies that combine to help make the Metaverse a reality. With the endless possibilities at stake, businesses across a plethora of industries have begun to foresee the demand for this kind of technology in a future far less distant than we at first perceived.
We’re always open to talk to investors and commercial partners about working together with the unique opportunities Exarta brings to the table.
If, like many other companies or investors, you’re deliberating on your move into the exciting, ever-evolving space of the Metaverse, now is the time to talk to us at exarta.com.
The article was written by Hannah Clayton
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