3 Technologies that are Powering the Metaverse
The Metaverse concept was introduced by Neal Stephenson in his 1992 novel “Snow Crash.” It depicted an online universe that was close to real life. People could make use of avatars and wander around, escaping the chaos of reality. Several companies have invested billions of dollars in creating a virtual reality to make something close to Stephenson’s Metaverse.
But what powers this virtual world, and how will people perform everyday actions here? Let’s dig in deep about how Metaverse works and what is the technological science behind it.
Metaverse Going Mainstream
Metaverse is like a social gathering where people can interact with each other through activities like business meetings, gaming, and socializing. After the crypto boom, more and more people have started to take an interest in Metaverse, and its popularity has risen rapidly.
Tech companies are spending funds to make Metaverse accessible to a wide range of audiences by providing technological advancements and upgrades. Virtual currencies and digital assets like crypto, NFTs, and earn-by-playing activities have provided the facilities for real-world trade. It is widely used among the new generations as they are more open to accepting the convenience and flexibility of the Metaverse.
Many young businessmen and entrepreneurs are making business dealings through it. Remote corporations are taking full advantage of this as they have employees worldwide. Social Media influencers benefit the most from it as it is considered the future of all social media platforms. Given the features Metaverse has provided, like socializing, playing games, and the 3D world, it has a high chance of gaining the value of people sooner than expected.
Metaverse is powered by several technologies that are used daily. The following tech help in running the Metaverse.
1. IoT – Internet of Things
IoT dates back to 1999 as a system that links itself to physical elements and connects them to the internet with the help of computing devices and sensors. When they are connected, the devices will have a specific identifier that has the capability to transmit and retrieve information on its own. Some examples of devices that operate on the principles of IoT are voice-activated lights, doors, & speakers, medical equipment, and thermostats, as they have the capability to retrieve data and perform the required task.
IoT has many functionalities in the metaverse, such as
- It can connect with the metaverse are provide data like weather or temperature to create real-world conditions.
- IoT can interlink the 3D world by connecting it to various devices from the real world, allowing real-time simulations.
- Through artificial intelligence and machine learning, IoT can be upgraded according to the likings of the Metaverse.
2. Virtual and Augmented Reality
They are the key aspects of enhancing the experience of the Metaverse. They create an enthralling and interactive environment for the users that makes Metaverse more compelling. VR and Metaverse are often considered the same, but there are significant differences between the two which makes one of them superior to the other.
- If we branch out the Metaverse into simple terminologies, Virtual Reality will be one of them. VR technology is one of the core foundations of the creation of the Metaverse that complements other technologies.
- As Metaverse is based on physical simulations, VR fails to provide that as it is only designed to operate on 3D simulations.
Blockchain is one of the main components of the Metaverse. It provides decentralization and transparency, which is essential for functioning in the metaverse. The public ledger helps store individuals’ information, and the encryptions ensure the safety of the data.
The main advantage of the blockchain is that the network of data is linked together, meaning it cannot be altered once it is sealed. This sets the data in chronological order and verifies it with a time stamp, making the information impossible to change. This helps in avoiding manipulations and ensures the safety of public data.
Is Metaverse going to be a household commodity? Maybe, but we still need to figure it out, as the virtual world requires upgrades and advancements to operate fully. As its construction is costly, it is only possible for some to buy or be a part of it.
One day, we may meet our loved ones through virtual means and step forward from the ordinary means of video and audio calls.