Metaverse Archives - Tech Research Online Knowledge Base for IT Pros Wed, 08 May 2024 10:33:54 +0000 en-US hourly 1 https://wordpress.org/?v=6.2.5 https://techresearchonline.com/wp-content/uploads/2019/09/full-black-d_favicon-70-70.png Metaverse Archives - Tech Research Online 32 32 The Future of Metaverse: What Does it Hold? https://techresearchonline.com/blog/future-of-metaverse/ https://techresearchonline.com/blog/future-of-metaverse/#respond Wed, 08 May 2024 10:31:19 +0000 https://techresearchonline.com/?p=815333 The Metaverse presents new possibilities for businesses of all sizes. From changing the way people work to creating valuable virtual economies, this emerging technology is fastly redefining the way people interact with the world around them and reshaping the way businesses operate. Current statistics show the future of metaverse is bright with rising demand projected in the coming years. Bloomberg estimates the metaverse economy will generate $800 billion by 2025 and a whopping $2.5 million by the year 2030. The Metaverse combines Extended Reality (EX) technologies to create an immersive, interconnected 3D virtual environment where augmented reality, blockchain, virtual reality, and cryptocurrencies define the way people work, live, and socialize. In this article, we discuss what the future of metaverse holds for businesses and explore the impact this technology will have on work. What is Metaverse? The metaverse refers to a blockchain-based network that connects numerous virtual spaces to give participants a digital experience that has never been seen before. It uses tech-infused elements to mirror the real world in virtual environments. Metaverse blockchain leverages augmented reality, virtual reality, and artificial intelligence to provide unmatched experiences in simulated virtual spaces. This ecosystem allows users to exchange, interact, trade, and work …

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The Metaverse presents new possibilities for businesses of all sizes. From changing the way people work to creating valuable virtual economies, this emerging technology is fastly redefining the way people interact with the world around them and reshaping the way businesses operate. Current statistics show the future of metaverse is bright with rising demand projected in the coming years. Bloomberg estimates the metaverse economy will generate $800 billion by 2025 and a whopping $2.5 million by the year 2030.
The Metaverse combines Extended Reality (EX) technologies to create an immersive, interconnected 3D virtual environment where augmented reality, blockchain, virtual reality, and cryptocurrencies define the way people work, live, and socialize. In this article, we discuss what the future of metaverse holds for businesses and explore the impact this technology will have on work.

What is Metaverse?

The metaverse refers to a blockchain-based network that connects numerous virtual spaces to give participants a digital experience that has never been seen before. It uses tech-infused elements to mirror the real world in virtual environments. Metaverse blockchain leverages augmented reality, virtual reality, and artificial intelligence to provide unmatched experiences in simulated virtual spaces. This ecosystem allows users to exchange, interact, trade, and work through digital avatars. Since blockchain underlies the core setup of metaverse systems, they are independent of device reliance and central control.

Why is Metaverse Technology Important for Businesses?

Metaverse platforms have the potential to redefine the way people connect, work, and live, making it extremely important for businesses. The ability to eliminate geographical barriers allows this technology to facilitate unprecedented levels of connectivity and collaboration for businesses across the globe. Companies can leverage global talent and remote socialization to spur economic growth. Below are four ways companies can utilize the metaverse to achieve their goals:

1. Collaboration

The metaverse provides businesses with greater collaboration capabilities to support remote work. Employees who work from different geographic locations can leverage engagement features and communication tools to collaborate seamlessly in real time. Most platforms that offer immersive technologies provide interoperability for tools that companies use daily to facilitate seamless remote team collaboration.

2. Cost Reduction

Facebook metaverse lowers costs for businesses by eliminating the need to invest in multiple physical assets required for in-person working spaces. The technology offers limitless customization abilities, allowing companies to create the space they need without incurring additional costs. For instance, employees can create shared spaces and virtual offices at no extra cost.

3. Product Prototyping

Another critical role that metaverse technology plays in business is making prototyping easier and faster. Designing and producing physical prototypes can be costly for businesses, posing a challenge for small and medium-sized companies. AR and VR technologies allow designers to collaborate in creating and manipulating virtual prototypes based on specifications from any location.

4. Flexible Workplaces

Businesses can utilize the metaverse to inject flexibility into their workplaces. Working in metaverse environments can give companies an edge over competitors that are not embracing the change in today’s evolving digital landscape. Businesses of all sizes can use AI metaverse to transcend barriers of employee interaction to expand their reach and awareness through virtual events.

How Will Metaverse Change the Future of Work?

The future of metaverse technology will impact the way people work in the coming years. Below are five ways the technology will change the way people work:

1. Fewer Accidents in Workplaces

For people who perform dangerous tasks like electricians and machine operators, metaverse glasses will help to reduce accidents. Through virtual reality platforms, employees can practice using virtual tools or machines as many times as they need to without experiencing physical injury. Trainers will be able to assess their performance and provide the guidance employees need virtually.

2. Employee Onboarding

The future of metaverse will enable businesses to reimagine employee onboarding experiences. Instead of requiring new employees to read documents or watch videos about company history, new employees will be able to visit job sites or meet corporate founders virtually. Metaverse headsets will also enable newly hired employees to connect socially with new teams.

3. Employee Learning/Training

The metaverse will be used to improve employee training and learning. By facilitating simulations and interactive gameplays, this virtual technology will make it possible for companies to provide ‘hands-on’ training to employees, enabling them to operate machines or practice sales presentations for big clients virtually.

4. Operational Assessments

Another way the future of metaverse will change the future of work is by making it easier for managers and executives to assess operations, solve problems for employees in different locations, and simulate changes. They will use the technology to make virtual visits to distribution centers, factories, and construction sites in different cities or countries without leaving their desks.

5. Employee Interactions

Increasingly, employees are working from different locations. The physical separation makes it challenging for teams to feel like they’re in the same room. This causes them to miss out on communication, morale, engagement, and cultural benefits that come with physical interactions at the workplace. The metaverse makes it possible for companies to provide socially satisfying experiences to their staff by bringing individuals in different locations into one virtual room.

Conclusion

Metaverse presents new possibilities for businesses to thrive. As the digital landscape evolves, companies can leverage the metaverse technology to engage remote employees, manage daily communication, enhance collaboration, and boost productivity. Virtual environments promise to deliver the most immersive experiences for employees. As the number of companies that adopt this technology increases, the future of metaverse can only get brighter.

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Why did PUBG Developers Krafton Build ANA, their First Virtual Human? https://techresearchonline.com/news/why-did-pubg-developers-krafton-build-ana-their-first-virtual-human/ https://techresearchonline.com/news/why-did-pubg-developers-krafton-build-ana-their-first-virtual-human/#respond Thu, 16 Jun 2022 15:03:22 +0000 https://techresearchonline.com/?p=145147 On June 16, 2022, Krafton, the PUBG game developer, unveiled the very first images of ANA. According to Krafton, ANA is the company’s virtual human that looks real and is powered by hyperrealism and machine learning. With features that are extremely humanly, ANA looks, unlike any other virtual human that currently tends to exist through other technologies. But the important question is, will ANA justify the (so-far) loose definition of the booming Metaverse?      So, who is ANA and how was she developed?   ANA: The First Virtual Human by Krafton   Krafton is popular for PUBG and its upcoming Callisto Protocol. In February 2021, the company unveiled its initial plan of ANA via a technical demonstration.  However, today it has announced something different. The company teased its virtual human, ANA, which will apparently help Krafton establish its Web3 ecosystem.    ANA was built using Unreal Engine. If you are unfamiliar with the concept, Unreal Engine itself has a tool specifically for realistic digital people. In addition to that, she was created through (as Krafton describes) ‘hyperrealism, rigging and deep learning’.    We will be seeing more of ANA. As Krafton promises, its virtual human, as quoted by Krafton’s Head of the Creative Center …

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On June 16, 2022, Krafton, the PUBG game developer, unveiled the very first images of ANA. According to Krafton, ANA is the company’s virtual human that looks real and is powered by hyperrealism and machine learning. With features that are extremely humanly, ANA looks, unlike any other virtual human that currently tends to exist through other technologies. But the important question is, will ANA justify the (so-far) loose definition of the booming Metaverse?  

   So, who is ANA and how was she developed?  

ANA: The First Virtual Human by Krafton 

 Krafton is popular for PUBG and its upcoming Callisto Protocol. In February 2021, the company unveiled its initial plan of ANA via a technical demonstration.  However, today it has announced something different. The company teased its virtual human, ANA, which will apparently help Krafton establish its Web3 ecosystem.  

 ANA was built using Unreal Engine. If you are unfamiliar with the concept, Unreal Engine itself has a tool specifically for realistic digital people. In addition to that, she was created through (as Krafton describes) ‘hyperrealism, rigging and deep learning’.  

 We will be seeing more of ANA. As Krafton promises, its virtual human, as quoted by Krafton’s Head of the Creative Center Josh Seokjin Shin in a press release, it will “release an original music track and expand her scope of activity as an influencer into various areas across entertainment and esports.” 

 When Krafton previously announced its hyperrealistic technology, it also released a PUBG cinematic video demonstrating the current state of its virtual human technology. In the video, a group of PUBG competitors is battling a masked foe. Along with the intermixed uncanny valley moments, there are a few scenes that come razer-close to true realism. One of the characters, a woman who gets shot in the arm, looks like a clear ancestor of ANA.   

Why did PUBG Developers Krafton Build ANA, their First Virtual Human?

How Human-ish does ANA Appear?  

 Speaking of her appearance, ANA displays a hyper-realistic appearance—blurring the lines between a digital character and a real human. The highly-advanced face rigging technology delicately expresses the movement of the pupil, fine facial muscles and wrinkles, and enables the natural joint movement across her entire body. The company also said, “Additionally, deep learning technologies, such as advanced voice synthesis, help create an artificially intelligent voice for ANA so she can act and sing just like a real human.” 

 The issues mainly appear around the teeth, beyond-perfect skin and her plastic-looking fingers that are gently touching her face. However, the inclusion of these imperfections, including the faint pores, wrinkles and tiny baby hairs on the skin, make her look striking.   

Will ANA loosen the definition of Metaverse? 

 As of now, it is unclear whether ANA will fit into the loosely defined version of metaverse or Web3. In the past, Krafton has tried to tie knots with NFTs and Blockchain. However, in the meantime, it seems as if its realistic virtual human will attempt to become a popular celebrity. In the words of Josh Krafton, Krafton “expects her to attract the interest and popularity of Gen Z on a global level.” According to the company, ANA will release an original music track and expand her scope of activity as an influencer in various areas across entertainment and esports.  

 Krafton will be providing further updates on ANA later in 2022 in a ‘unique story arc’. The images of ANA reflect her human-ish look, despite a few issues with her appearance. Besides ANA’s face, skin and body technology, Krafton cites it is implementing deep learning to build an AI voice that will allow her to “act and sing like a real human.”Irrespective of the absence of a full-body image and a motion video of ANA, her debut could strike the right chords in the virtual world.  

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Aurora Mobile Making Breakthrough with its Push Notification Services in Metaverse Virtual Technology https://techresearchonline.com/news/aurora-mobile-making-breakthrough-with-its-push-notification-services-in-metaverse-virtual-technology/ https://techresearchonline.com/news/aurora-mobile-making-breakthrough-with-its-push-notification-services-in-metaverse-virtual-technology/#respond Fri, 17 Sep 2021 13:39:46 +0000 https://techresearchonline.com/?p=59800 Aurora Mobile, a mobile development service provider, has recently announced that they have applied JPush, their push notification service, into a self-developed demo game on the Roblox video game platform.    Company’s this move will mark a significant mile on innovative virtual technology which will shape the expansion for JPush Services into the virtual realm.    Players will be able to send virtual messages to another player’s mobile phones with this new development for the “metaverse concept” in the real world. This will enable real-time conversations and break the dimensional barrier.   As the Tech-industry Battle for the Metaverse, the concept of the “metaverse universe” has become the new battleground. The concept of the metaverse is rooted in virtual gaming and science fiction as it encompasses an extensive universe of shared, immersive virtual spaces.   The OASIS, a multiplayer online simulation game, was inspired by Ready Player One. If we consider the OASIS to be the ultimate form of the metaverse, then the virtual worlds built by the Internet, advanced technology, blockchain, and exploration of the prototypes as the most basic function of the metaverse network.   In Metaverse, information transmission will become important as a way to interact with inhabitants. To get a little idea, this is …

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Aurora Mobile, a mobile development service provider, has recently announced that they have applied JPush, their push notification service, into a self-developed demo game on the Roblox video game platform.   

Company’s this move will mark a significant mile on innovative virtual technology which will shape the expansion for JPush Services into the virtual realm.   

Players will be able to send virtual messages to another player’s mobile phones with this new development for the “metaverse concept” in the real world. This will enable real-time conversations and break the dimensional barrier.  

As the Tech-industry Battle for the Metaverse, the concept of the “metaverse universe” has become the new battleground. The concept of the metaverse is rooted in virtual gaming and science fiction as it encompasses an extensive universe of shared, immersive virtual spaces.  

The OASIS, a multiplayer online simulation game, was inspired by Ready Player One. If we consider the OASIS to be the ultimate form of the metaverse, then the virtual worlds built by the Internet, advanced technology, blockchain, and exploration of the prototypes as the most basic function of the metaverse network.  

In Metaverse, information transmission will become important as a way to interact with inhabitants. To get a little idea, this is how real-time communication can function in the metaverse:  

  • Metaverse system will push notifications in real-time to send reminders before the car race.  
  • Players will be able to puts on virtual reality equipment and send invites to fellow players.  
  • If a player is not able to participate due to obstacles, they can send a message asking for assistance from the virtual world to the real world.  

The China-based company has already demonstrated some of this transmission for real-time gaming. With the virtual push technology, game developers can utilize JPush services to leverage linkage between VR gaming systems and real mobility devices.  

Mr. Jishi Liu, Head of the JPush division, said “In the real world, Aurora Mobile is committed to becoming China’s leading mobile development service provider. While in the virtual metaverse, we are working hard to provide communication infrastructures like a telecommunications service provider such as China Telecom or China Mobile.”   

“Over the years, we have served tens of thousands of customers from different industries and verticals. This is a fundamental strength for Aurora Mobile as we continue to deepen our relationships with our partners and explore all the possibilities of the metaverse universe. We look forward to the full development of more metaverse scenarios!”  

Also Read: Beta Version of SteamVR Will Allow You to Arrange Windows Inside Virtual World

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What is Metaverse and Everything You Should Know https://techresearchonline.com/blog/what-is-metaverse-and-everything-you-should-know/ https://techresearchonline.com/blog/what-is-metaverse-and-everything-you-should-know/#respond Fri, 20 Aug 2021 15:59:29 +0000 https://techresearchonline.com/?p=45969 Introduction You wake up, one Saturday morning, with a long list of choruses to do before you hit the next week. The top of your list is to go to the store but you can’t remember every product you need.    What do you do then?   Simple! You check your brain-computer interface device and recognize all the items you need, along with what stores and aisles it’s located in.    If it were that simple. Right?   Well, it might be true in few years.   If you are a tech nerd like me, there is a high possibility that you have heard about this brand-new concept called Metaverse.   Not Multiverse, you marvel fans, its Metaverse!   After all, Mark Zuckerberg recently announced that he is planning to shift Facebook from being a social media giant to becoming “a metaverse company.”    Sounds like something straight out of The Matrix, doesn’t it?   But, wait!   It’s not just Facebook who’s giving it all to the metaverse, but tons of other companies including Microsoft, Roblox Corporation, Nvidia are all in the race.   So, let’s jump straight to the chase, shall we?   What is a Metaverse?   Since the beginning of the pandemic, we have been glued to our devices …

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Introduction

You wake up, one Saturday morning, with a long list of choruses to do before you hit the next week. The top of your list is to go to the store but you can’t remember every product you need.   

What do you do then?  

Simple! You check your brain-computer interface device and recognize all the items you need, along with what stores and aisles it’s located in.   

If it were that simple. Right?  

Well, it might be true in few years.  

If you are a tech nerd like me, there is a high possibility that you have heard about this brand-new concept called Metaverse 

Not Multiverse, you marvel fans, its Metaverse!  

After all, Mark Zuckerberg recently announced that he is planning to shift Facebook from being a social media giant to becoming “a metaverse company.”   

Sounds like something straight out of The Matrix, doesn’t it?  

But, wait!  

It’s not just Facebook who’s giving it all to the metaverse, but tons of other companies including Microsoft, Roblox Corporation, Nvidia are all in the race.  

So, let’s jump straight to the chase, shall we?  

What is a Metaverse?  

Since the beginning of the pandemic, we have been glued to our devices and now Metaverse is taking us inside them.   

While Metaverse is still an amorphous idea, but from what we do know it embodies the internet and blends right into the real and virtual worlds.  

For instance, you need to go to the internet to experience it, but with Metaverse, you can experience it all around you every day.    

Still, Confused?  

Here is a concept video from Adobe which might you get a little grasp of the concept and what it might look like in the future. The video starts at the 2-minute mark.  

youtube.com

If you are blown away, just as we were, hop in we are in for a ride!  

If we can create a metaverse, we’ll have alternate digital realities where you can go to work, socialize, and even play.   

But Why is it Called Metaverse?  

We, the word “metaverse” can be divided into the prefix “meta” (which means beyond) and the stem “verse” (which means a backformation from “universe”).   

Now that we are out of all technicality, you should know that there are no restrictions, and instead of the metaverse, you can call it the Magicverse, the AR Cloud, the mirror world, the Spatial internet, Live Maps, etc, etc…  

But the thing that you can’t replace is the fact that it is certain, it’s coming and it’s a big deal.   

So, let’s see where was this concept first introduced?  

While the metaverse” isn’t new, but it surged in popularity recently.  

Neal Stephenson coined it in his 1992 sci-fi novel, Snow Crash. The term itself referred to a convergence of physical, virtual, and augmented realities in a common online space.   

In an article, The New York Times explored companies, with their products, including Roblox, Epic Games’ Fortnite, and even Animal Crossing has elements similar to the metaverse.   

In fact, Tim Sweeney, CEO of Epic Games, has discussed his desire to contribute to a metaverse for many months now 

This brings us back to the Obvious Question if we had the concept since 1992, Why are we talking about it now?  

Well, we had the concept of Robotaxi since 1891 but we couldn’t develop it till now. Similarly, we lacked the right technology that could power the world of Metaverse!  

This Brings us to Another Important question: Which Technologies Power the Metaverse?  

As it turns out, the very first on the list is our favorite: mobile phones. Its adoption will give rise to a new way of interacting with the Metaverse.   

Next comes Augmented Reality (AR). It utilizes complex systems and uninterrupted internet to open the doors for the Metaverse by superimposing it onto the real world. AR observe physical surroundings and overlays digital information onto physical environments.   

Then we come to mixed reality (MR). MR is created when a user directly interacts with the Metaverse in the physical world. You can see the movie Minority Report which provides an accurate example of interacting with digital environments 

The last is Virtual Reality seeks to build an immersive virtual experience within the Metaverse. It utilizes a combination of both hardware and software to transport you to the digital environment.  

The fun part is that you don’t need a VR headset to interact with the Metaverse. Instead, you can use the Metaverse directly from a keyboard.   

While there are tons of other technologies involved, these are some of the most crucial technologies at work behind the Metaverse.  

But, Why does Zuckerberg looking to turn Facebook into a Metaverse Company?  

To date, Mark Zuckerberg is the most vocal proponent of metaverse so far and he explained his position, “What is the metaverse?” by saying “It’s a virtual environment where you can be present with people in digital spaces. You can kind of think of this as an embodied internet that you’re inside of rather than just looking at.”  

And it’s probably the best explanation.  

Let’s consider a situation where you’re on the internet, chatting to your friends. In this case, you are interacting at a very superficial level which means that you could be typing “LOL” without actually laughing out loud.   

While video calls can somewhat aid this situation, but the metaverse takes this idea to the next level.  

In Metaverse, you can log into a virtual universe, calling up your friend to hang out at a virtual destination and all of you can show up as a virtual avatar.   

In an interview, with The Vergecast, Zuckerberg detailed his concept and how it will help bring opportunity to creators who want to work far from urban centers.   

While virtual reality is important in the metaverse, it isn’t. Zuckerberg plans to make metaverse accessible across all platforms, including AR, VR, mobile devices, PC, and even gaming consoles.  

He says, “A lot of people also think about the metaverse as primarily something that’s about gaming. And I think entertainment is clearly going to be a big part of it, but I don’t think that this is just gaming.

I think that this is a persistent, synchronous environment where we can be together, which I think is probably going to resemble some kind of a hybrid between the social platforms that we see today, but an environment where you’re embodied in it.”   

The tech billionaire hopes that the traverse will start the next chapter for Facebook over the next few years or so. He wants to transition from the company being primarily a social media company to being a metaverse company.  

He explains in an interview that “the metaverse spans non-immersive platforms like today’s social media as well as immersive 3D media technologies such as virtual reality, and that it will be for work as well as play.”  

But as I said other companies are also already in the race. For instance, Microsoft is working on building the enterprise metaverse. You can read more about it here.    

Coming behind, we also have Epic Games investing billions of dollars to fulfill their metaverse dreams. Then comes, Roblox, the gaming company calling itself “the shepherds of the Metaverse”.   

All in all, the hype that is surrounding the Metaverse is as real as it can get. Even though it’s a futuristic dream, many believe that it can actually come true.  

Now, I am guessing that your next question probably is — Why would anybody want to do this?   

After all, you can always meet your friends, shake their hands, and interact with your surroundings in the real world.   

Why Would Anyone Want to do all of this in some Dystopian Digital Universe?  

Well, the answer is simple, because people love it. For instance, take the case of Decentraland. It is a virtual world inside this shared space where you can own land, develop it, and if you want, sell it as well. This world is taking the real world by storm. (You can read more on this here 

We are trying to make it here that it’s already happening and people are more than happy to spend time and money inside this virtual universe.   

To sum up, the virtual universes are kinda becoming the buzz-spot and the like of Facebook isn’t going to be left behind. If anything, they want to run this universe, And, we can only imagine the influence they’d have in an unregulated virtual environment. It would be a Metaverse of madness! (kinda stole it from the MCU)  

Hence proved, that even if the regulators and the world think that the metaverse is a stupid idea lacking any common sense; could ever take off; or that this technology is way too futuristic to make a dent, it’s still worth looking into.  

Why does the Metaverse Matter?  

There are so many speculations on what the metaverse might become. There are even speculations if it will become anything at all.  

But the important point here is that if it does, then it will be a successor to the internet. Another important thing will be who builds it and how, because this will affect the future of the economy and society as a whole.   

While Facebook is aiming to play a leading role, other companies are not far behind.   

One day, the metaverse might resemble Ernest Cline’s flashy fictional Oasis. But until then you can always turn to our all-time favorite games like Fortnite and Roblox, virtual work environments like Immersed, and VR social media platforms like VRChat and AltspaceVR. Just to get a taste of the metaverse experience.   

Till then keep reading, and don’t forget to share……  

 

Author Bio:

Shreeya Chourasia is an experienced B2B marketing/tech content writer, who is diligently committed for growing your online presence. Her writing doesn’t merely direct the audience to take action, rather it explains how to take action for promising outcomes.

 

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