#Metaverse will create an immersive virtual world that combines augmented and virtual reality, #blockchain and it also includes economic and social spaces where users from anywhere in the world can enjoy a wide range of content and experiences. Top technology players such as Facebook (Meta), Google, Microsoft, and Nvidia are already invested in developing this next generation of IoT.
There is no way one could have missed out from the metaverse. The metaverse brings the assurance of an open, shared, and persistent digital environment that connects communities, products, solutions, creators, entertainment, workspaces, commerce, and many other aspects of the real world.
#Cyberattacks old and new will inevitably find their way into the metaverse and securing the metaverse will present new challenges in comparison to existing digital platforms, however, according to cybersecurity executives and researchers. Monitoring the metaverse and detecting attacks on these new platforms will “be more complex” than on current platforms.
With the metaverse, you’re going to have an explosion of devices, infrastructure and data so it can just increase your attack surface by an order of magnitude.
According to the Acronis Cyber Protection Week Global Report 2022, cybercriminals are exploiting the IT complexity to launch catastrophic cyberattacks. With most users still not fully aware of the magnitude of the cyber threats they are facing in the wake of increased metaverse adoption, daily data theft of credit card, identity, passwords, etc., malware, phishing attacks are likely to increase by 200% by 2024 due to unpreparedness or lack of a cyber protection master plan.
Device security remains high on the cyber protection priority list as platform and device hacking is widely expected to soar as the metaverse uptake also skyrockets. Threats and breaches to devices are likely to worsen and could subsequently also have actual terminal consequence.
#Metaverse will create an immersive virtual world that combines augmented and virtual reality, #blockchain and it also includes economic and social spaces where users from anywhere in the world can enjoy a wide range of content and experiences. Top technology players such as Facebook (Meta), Google, Microsoft, and Nvidia are already invested in developing this next generation of IoT.
There is no way one could have missed out from the metaverse. The metaverse brings the assurance of an open, shared, and persistent digital environment that connects communities, products, solutions, creators, entertainment, workspaces, commerce, and many other aspects of the real world.
#Cyberattacks old and new will inevitably find their way into the metaverse and securing the metaverse will present new challenges in comparison to existing digital platforms, however, according to cybersecurity executives and researchers. Monitoring the metaverse and detecting attacks on these new platforms will “be more complex” than on current platforms.
With the metaverse, you’re going to have an explosion of devices, infrastructure and data so it can just increase your attack surface by an order of magnitude.
According to the Acronis Cyber Protection Week Global Report 2022, cybercriminals are exploiting the IT complexity to launch catastrophic cyberattacks. With most users still not fully aware of the magnitude of the cyber threats they are facing in the wake of increased metaverse adoption, daily data theft of credit card, identity, passwords, etc., malware, phishing attacks are likely to increase by 200% by 2024 due to unpreparedness or lack of a cyber protection master plan.
Device security remains high on the cyber protection priority list as platform and device hacking is widely expected to soar as the metaverse uptake also skyrockets. Threats and breaches to devices are likely to worsen and could subsequently also have actual terminal consequence
Technology video | 204 views
There are platforms that are readily available to empower banks with their own metaverse that provides a highly personalized experience to their customers by allowing banks to use cutting-edge technology with a human touch which will significantly deepen and personalize customer interaction.
It will enable banks to harness the potential of enhanced User experience to bring out the best outcomes for data visualization and gamification of processes and procedures. With this it will allow banks to extend their own Metaverse for clients, partners, and employees, through services that will include Relationship Manager & Peer Avatars and Robo-advisors.
Besides its potential regarding product and service innovation in payments, investment, insurance and loans, the metaverse is an opportunity for banks to foster deeper customer connections.
It can help restore the in-person dialogues that are currently missing in digital channels and help create memorable experiences for the next generation of banking customers, many of whom may never need to step into a bank branch in their lives. With this you choose a digital avatar for yourself, walk into the bank lounge and access the available banking services.
Experts say while digital banking is functionally interdependent and inclusive, it is all too often seen as being emotionally detached. The metaverse allows banks to use cutting-edge technology with a human touch that will significantly deepen and personalise customer interaction.
It is an opportunity to restore the dialogues lost in digital channels. Digital banking will be bigger, not only allowing remote access to services, but adding a personal touch.
Today's Headline in NewsHours
0:00 Intro
2:03 #RajnathSingh launches 75 newly-developed AI defence products
2:43 #Bitcoin expected to drop to $10,000 rather than $30,000
3:17 Govt to introduce Bank privatisation bill in Monsoon Session
3:53 Ris
Technology video | 162 views
Metaverse Pushing Data Usage | 20 Times in 10 Years | VARINDIA News Hour
#VARINDIA_News_Hour #VARINDIA #Breaking_News
The transition of digital ecosystem to #metaverse, where a person will feel immersed in a virtual world, will have the direct impact on the data usage like screen time and consumption of the bandwidth by 20 times across the globe by 2032 and telecom operators, Bharti Airtel and Reliance Jio are suitably placed to benefit from the surge in India, as per the report from Credit Suisse. The report said metaverse has enormous potential to further expand screen time and drive more bandwidth consumption. 'Internet traffic is already 80% video and has been growing at a 30% CAGR. Augmented reality and virtual reality technologies are expected to see a boom as these are the technologies that are required for accessing the metaverse. According to the report, while 5G will support the metaverse ecosystem, the emergence of 6G will enhance metaverse use cases. It said the gaming segment is one of the segments where early use cases of metaverse are expected.
The report highlighted that gaming is at an early stage in India and mobile gaming is being driven by mobile phones due to the emergence of affordable smartphones and 4G data services. Mobile internet remains the key medium for Indian users to go online, given relatively low fixed broadband penetration. The share of mobile gaming in online games is expected to increase in future, the report said. The report added that India is one of the leading countries in the world in terms of number of hours spent on mobile per day but it has low penetration of fixed broadband compared to global peers, which will be key to realise the full potential of metaverse. While it is too early to determine the impact of metaverse on Indian telcos' revenues, we believe Bharti Airtel with 17 percent of revenues from fixed line and Jio are well placed to benefit from surge in data usage driven by me
Technology video | 193 views
#Metaverse is the convergence of the physical and digital realms in the next evolution of the internet and social networks using real-time 3D software. It presents an opportunity for leading online entertainment and social media companies to capitalize on new revenue streams.
Gaming hardware, including gaming PCs & peripherals and AR/VR hardware such as Facebook’s Oculus and Microsoft Hololens, accounts for the remainder of the primary market opportunity. HoloLens was the first head-mounted display running the Windows Mixed Reality platform under the Windows 10 computer operating system.
Online game makers including Roblox, Microsoft, Activision Blizzard, Electronic Arts, Take-Two, Tencent, NetEase and Nexon may boost engagement and sales by capitalizing on the growth of 3D virtual worlds. Games that successfully pivot towards virtual 3D worlds can capture a greater share of engagement and user growth, accelerating sales growth.
Secondly, Brands & retailers are looking for Metaverse to adapt to interact and connect with their consumers enabling shoppers to experience their brand in a virtual environment providing a memorable and an immersive experience is quickly becoming the next frontier in Retail.
Several brands are now using the virtual platforms to directly engage, influence and in many cases, disintermediating the retailers. Hence, retailers can no longer afford to be on the side-lines. It is interesting to see how this is now beginning to influence retailer’s corporate strategy & business models, thereby warranting a relook at their technology roadmaps.
Going forward, there is no doubt that Metaverse is here to stay. The Gen Z- the digital natives who are sidestepping the traditional retail formats are favouring the gaming, social & virtual platforms accelerating the move towards metaverse by fearlessly marching into this new world.
Today's Headline in NewsHours
0:00 Intro
2:3
Technology video | 157 views
Artificial Intelligence | Unlocking the Metaverse | VARINDIA News Hour
#VARINDIA_News_Hour #VARINDIA #Breaking_News
Meta is working on artificial intelligence research to generate worlds through speech, improve how people chat to voice assistants and translate between languages, CEO Mark Zuckerberg said, as he sketched out key steps to building the metaverse. Zuckerberg is betting that the metaverse, a futuristic idea of virtual environments where users can work, socialize and play, will be the successor to the mobile internet. The key to unlocking a lot of these advances is AI. Meta introduced ‘BuilderBot’ – “a new tool to fuel creativity in the metaverse using voice commands.” Another development is ‘No Language Left Behind’ – a system that translates all written languages. It has the ability to communicate with anyone in any language is a superpower that was dreamt of forever and it would instantly provide speech-to-speech translations for all languages. Project ‘CAIRaoke’ is the next conversational AI improvement for more fluid conversations between people and chatbots or virtual assistants. Sources said, Meta is currently building the world’s most powerful and fastest AI supercomputer.
Facebook has been investing in AI for the past 10 years and has one of the world’s leading experts, as we advance this technology further, you'll be able to create nuanced worlds to explore and share experiences with others, with just your voice,” Zuckerberg said. Meta is further developing tools to make AI systems more explicable. ‘System Cards’ is the newest resource that explains how AI works. In January it announced that it had built a new AI supercomputer that aims to be the fastest in the world when completed in mid-2022. Meta plans to hire 10,000 people in Europe to help develop the Metaverse and people are excited about it. However, critics have asked whether big corporations should be allowed to dominate the creation of such worlds – and
Technology video | 190 views
With so much buzz around the #Metaverse, it’s easy to see why more and more companies will start to do business there. But are they thinking about the risks? We will certainly need a different approach to security in a virtual world compared to the physical, but what will that entail?
Let’s take a look at what the risks are and how to start getting prepared (because you do need to start now).
The biggest hurdle to the Metaverse being a secure environment is in its foundations. The Metaverse is built on #blockchain technology and we have already seen serious security gaps in NFT marketplaces and blockchain platforms such as OpenSea, Rarible and Everscale.
Due to the sheer amount of malicious activity that we already see exploiting services based on the blockchain, we believe it won’t be long before we start to see initial attacks in the Metaverse too, as reported in the recent Check Point Mid-Year Security Report. It will likely be based on authorization, and user accounts will get hijacked, so it is expected that identity and authentication will sit at the heart of everything we want to do.
According to a report by DappRadar, a company that tracks user behaviour across blockchain projects, in late 2021, it was reported that over half-a-million Indian users have shown their interest in non-fungible tokens and metaverse projects with India ranked fifth, only behind the US, Indonesia, Japan and Philippines, in terms of interest in metaverse projects.
It is tricky though, as people might want to have multiple identities within the Metaverse, perhaps one for transacting work conversations and another for personal shopping and entertainment.
This adds another layer of complexity because there’s then no single identity that says it’s definitely you. The answer could be in chained identity so, will blockchain then help us understand where we’re transacting and who with?
This is a major challenge. And since bloc
Technology video | 183 views
The future of digital is trending towards Metaverse | Technology | VARINDIA News Hour
The #metaversetechnology is poised for rapid growth that will open up opportunities for the marketers and it can be helpful to first think of any shared, virtual space: everything from a chat room to games like Minecraft and Fortnite. While these spaces differ in terms of the richness of the virtual experience – text, audio, video, visual detail, sense of space, actions you can take, etc. – what they share is the opportunity for multiple, if not millions, of people to simultaneously connect within an online environment. The COVID-19 outbreak has brought a positive impact on the metaverse market and is driving the increasing interest in the metaverse concept. People began to work remotely while students shifted to online classes and the need and demand for convenient channels or approaches to make online interaction more realistic emerged. The crisis has speeded the emergence of virtual communities as key lifestyle areas for locked-down users which include gaming landscapes and also increasing adoption of mixed reality. The convergence of 5G, artificial intelligence, and edge cloud processing will soon make it easier to deliver more seamless, enjoyable, and cost-effective AR/VR experiences across a variety of connected devices. Just like the internet, industry insiders are predicting the metaverse will become a necessity for all brands.
Metaverse is making headlines in technology, there’s a boom in metaverse crypto projects, each viewing to shape the future of both metaverse crypto projects and the nature of digital real estate. It’s the Gen Z, or someone with higher digital maturity. While we may make our purchases by making a few clicks, the coming generation will definitely want something which is more engaging and immersive.
The metaverse is indeed a virtual reality, but it’s not quite the same thing as what you’ve seen in science fiction blockbusters.
Technology video | 211 views
The #metaverse is shaping up to be so much more than video games and entertainment. Businesses are getting the opportunity to get in action in ground-breaking and highly disruptive ways.
However, contrary to what some believe, the metaverse is less a substitute for business location and more of a complement to it. As a result, companies will have to think more strategically about where to place offices and innovation hubs to attract and connect talent and how to balance their physical and virtual footprints.
Rather than reducing physical sales, the metaverse could unlock opportunities for retailers by bridging the material with the digital. It’s becoming more apparent that a hybrid, omnichannel approach is the way of the future.
Over the course of a year, the number of companies working on the metaverse grew from 200 in July 2021 to more than 500 now, according to a report on the metaverse by market researcher Newzoo.
The metaverse will make physical location a more — not less — important consideration for business. To some extent, this is already playing out: Cities like Dubai and Shanghai are launching strategies aimed at attracting metaverse-focused businesses and people. For brands, this could mean ideal locations to experiment among enthusiastic early adopters.
Companies will have to think more strategically than ever before about where to place offices and innovation hubs to attract and connect talent, where to locate retail shops to attract customers and heighten brand awareness, and more generally how to balance their physical and virtual footprints.
As the metaverse grows in popularity and more businesses begin offering virtual, immersive experiences, business leaders must ensure that they are not getting lost in hype. The metaverse has been a game-changer for marketing. It provides an immersive, interactive environment that allows brands to connect with their customers on a whole new level.
To
Technology video | 138 views
Organizations getting into metaverse need to equipped | high tech capabilities | VARINDIA News Hour
When any organisation and users decide is going to adapt the technologies of metaverse and is capable of handling risk assessment for their infrastructure and connected devices, then only it is wise to get into the technology else it will be like jumping from frying pan to fire, since they will also expose themselves to a new class of security risks and vulnerabilities. The metaverse is a concept of a 3D digital world. It consists of virtual spaces that you can explore using an avatar you create. In the metaverse, you can play games, go shopping, hang out with friends at a virtual coffee shop, work with your colleagues in a virtual office, and much more. Some video games and work socialization tools have already implemented certain metaverse elements into their ecosystems. There are chances of personal data theft. As metaverse platforms would be able to collect images and other personal details of their users, children would potentially be exposed to even further privacy violations.
Cryptocurrency projects like Decentraland and The Sandbox already have their digital world up and running. However, the metaverse concept is relatively new, so most of its functionalities are still under development. Companies like Facebook (now Meta), Microsoft, and Nvidia have also started creating their versions of the metaverse. There are numerous ways such risks could be exacerbated in the metaverse. Unwanted contact could become more intrusive. The rise of virtual currencies is another challenge. To make the metaverse experience more immersive, companies are using cutting-edge technologies like blockchain, augmented reality and virtual reality, 3D reconstruction, artificial intelligence, and the Internet of things to power the 3D world. The continuous rise in cybercrime has revealed just how profitable it could be to break into a company’s or an individual’s online
Technology video | 235 views
#Metaverse technology will allow brands to offer shoppers a highly personalized digital experience. Where, the shoppers are able to purchase products and brands that don’t have a physical presence in their regions but can still be acquired online and delivered right at their doorsteps.
The metaverse is reshaping the way brands do business and how consumers behave. Right now, we’re seeing big and small companies across various sectors venture into the digital world.
According to Statista, the global e-commerce market reached $4.9 trillion in 2021 and is expected to hit $5.5 trillion in 2022. E-commerce platform, Shopify, stated that the growth of the global e-commerce market shows that “borderless e-commerce is becoming a profitable option for online retailers.”
While e-commerce represents a divide between physical and digital shopping experiences, the emergence of the metaverse can bridge the gap between e-commerce and brick-and-mortar retail to create a whole new shopping experience that could disrupt e-commerce.
Metaverse technology such as AR-powered try-on experiences already allows shoppers to virtually try on products before making the purchase, transforming 2D catalogues into real-time experiences in the digital world.
The potential of the metaverse to connect customers with brands in ways that create an exceptional emotionally positive experience cannot be understated. The metaverse will empower customers to traverse the virtual and physical worlds when connecting with the business of their choice, turning the notifications and transactions of the past into intelligent, real-time conversations — that is what will differentiate businesses moving forward.
70% of customers believe the ability to try, touch and see products are the main aspects of an in-store experience. This is going to be solved and fulfilled in the metaverse, as AR and VR allow the same to happen, all from the comfort of your home.
Technology video | 99 views
মানুহৰ জীৱনৰ ধৰ্ম আৰু কৰ্ম কিহৰ দ্বাৰা পৰিচালিত হয়?
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চুতীয়া শব্দৰ উৎপত্তি আৰু চুতীয়া সকলৰ ইতিহাস
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Neel Akash live music show 2024 Rongali Bihu || Asin Ayang mane ki? ||
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What is Wheat Beer? | व्हीट बीयर क्या है?
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भारत में पहला BAR कौन सा है? Which is the First BAR in India? Do you know?
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एक Wine की बोतल की सेल्फ लाइफ क्या होती है? What is the shelf-life of a bottle of wine?
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