Is the metaverse the technology of the future?
What exactly is the metaverse ? Surely you have heard this term lately in different areas and you are not sure what it is about. The reason is that the metaverse is positioning itself as the technology of the future. However, you may not know how it could change our lifestyle, the possibilities it offers and how companies want to use it. Furthermore, the fact that companies are investing more and more in technology makes this scenario more and more likely.
First, the metaverse Development Company is defined as a set of interconnected and experiential worlds spanning the digital realm and the physical realm, an emerging multi-sensory iteration of the web. Therefore, it is a virtual world to which we will connect using a series of devices that will make us think that we are really physically inside it. It is like being teleported to a new world through virtual reality glasses and other devices that will allow us to interact in it.
The metaverse and technology
The metaverse plays in the field of technology, so it has made quite an impact in 2021. The buzz created by this futuristic, virtual world has been fueled by adoption by big tech companies.
An example of this situation is Facebook, which in October 2021 renamed itself Meta , reflecting its interest in the metaverse as a virtual world in which human-to-human interactions are possible through digital avatars.
These avatars are controlled by virtual reality (VR) glasses and headsets such as Oculus. By the way, sales of Meta’s Oculus Quest 2 surpassed those of Microsoft’s Xbox video game console in 2021, demonstrating consumer interest in this new technology.
Other tech giants, including Apple, Google and Microsoft, are also following in Meta’s footsteps by developing their own VR headsets and headsets. This fact is a huge milestone for the metaverse, as the more tech companies adopt this technology, the more the chances of the metaverse becoming ubiquitous will increase.
Chip giant Nvidia has also dipped into metaverse technology through its chipsets, which are already embedded in various centralized computers and servers. Hailed as one of the best semiconductor values in the long run, Nvidia will benefit from proprietary applications from the metaverse. Although its pending purchase of ARM Holdings is still unclear, if it comes to fruition, Nvidia will be able to build a comprehensive ecosystem to boost computing power in applications that support the metaverse.
What could the future of the metaverse be?
From what we know so far, the Metaverse Development service may offer the same opportunities as the real physical world. Therefore, it would be possible to create our own businesses (buy virtual clothes, go to physical virtual stores…) and have work meetings in a virtual office. Another aspect is that the metaverse could also have its own economy.
In 2022, big tech companies like Apple, Cisco, and Intel have embraced so-called metaverse technology. As such, they are well positioned to benefit from increased demand for semiconductor chips, processors, and cloud services.
Furthermore, the expansion of non-fungible tokens (NFTs) and decentralized finance has shown that blockchain technology has limitless applications. As a consequence, blockchain companies and cryptocurrency exchanges are already raising capital to expand into this emerging technology arena. An example of this is the Winklevoss twins’ cryptocurrency exchange, Gemini, closed a $400 million equity growth funding round in November 2021, with plans to expand the exchange’s services across multiple metaverses in 2022.
Seen in this context, the future looks very bright for the metaverse. Global Data forecasts reveal that large-cap US stocks will rise in 2022, amid increased investment in technologies such as the metaverse, cryptocurrencies and Web 3.0. Therefore, participating in the metaverse ecosystem is a move that several companies are already making, with an eye to the potential that the metaverse may have as a technology of the future.
This is the metaverse today
Currently, the metaverse is characterized by using virtual reality. Through this technology, a parallel world is configured that serves as a virtual escape. This world can be used on a personal or work level. Consumers use virtual reality glasses such as meta quest 2 to enter these environments and enjoy a completely immersive experience.
However, as far as we have verified, through virtual reality the metaverse only replaces the human experience in some aspects . There are those who consider that as the metaverse is currently known, the only thing that contributes is to create different virtual spaces controlled by different operators. This is something that will change in the future.
What will the metaverse look like in the future?
The transformation of the metaverse will mainly consist of using another type of technology, which will coexist with virtual reality . It’s about augmented reality.
Virtual reality will not come to replace the human experience, but to improve it , which will mean a great development in the metaverse virtual world.
Augmented reality is a technology that allows virtual elements to be used as if they were real objects. This allows complementing the reality perceived by the user. It is a digital version of the physical world that is achieved through digital visual elements and sound to achieve user immersion through this technology.
On the other hand, in the longer term, the Metaverse Development Solution will evolve in such a way as to achieve what experts call a brain-computer interface . To date, all virtual reality or augmented reality systems are based on computer screens and traditional control systems.
The metaverse will evolve so that only brain-computer interfaces are used. These will completely replace both the screens and the physical hardware . It should be noted that there are already researchers who have resorted to neural interfaces to restore the ability to speak and write in people who have suffered, due to circumstances, the loss of speech, so it would not be unusual for neuroscience to be used in the future. to implant some type of device that avoids using other elements to enter the metaverse.
Undoubtedly, technology advances every second, so although many advances are already being perceived in this regard, it is difficult to predict with certainty what the future of the metaverse will be. However, everything indicates that in the future its use will become as common as it can be today to use the computer to work.
