How is the future holds for Metaverse in 2022

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Many different technologies are used for the metaverse. It uses augmented reality, virtual reality, and video tools. The concept of Metaverse is that people in digital space are digitally together. The metaverse offers investors the potential to stake a claim in an evolving virtual universe . Metaverse can be used in different locations. From the gaming sector to meetings and interacting with each other, it is going to be included. Simply put, a world where you will have an identity – you will be at home, but your avatar is going to be in Metaverse. People can meet, talk and gaming in the digital space through their avatar sitting at home. People can even make virtual trips around the world through their avatar slot in the digital space. Facebook has done a lot of work on metaverse. The term ‘metaverse’ was coined by Neal Stephenson in a science fiction novel [“Snow Crash”] almost 30 years ago,” wrote Koduri. “In recent years, metaverse has come to represent a utopian convergence of digital experiences fueled by Moore’s Law – an aspiration to enable rich, real-time, globally-interconnected virtual- and augmented-reality environments that will enable billions of people to work, play, collaborate and socialize in entirely new ways. The metaverse is “a whole new 3D interactive internet and creates augmented reality experiences for brands and retailers . It’s like an internet that’s everywhere, not just accessible via phones and computers. We can say it’s kind of the internet of life instead of the internet of things. Tech titans will begin competing for metaverse market dominance in 2022 and non-tech brands will continue to explore how metaverses could deliver operational improvements, according to GlobalData.
In 2022, gaming companies will invest in the metaverse to expand their already substantial user base to create even wider communities. Niantic, known for augmented reality (AR) game Pokemon Go, and Fortnite developer E.

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  • Watch How is the future holds for Metaverse in 2022 Video
    How is the future holds for Metaverse in 2022

    #Vedanta #Semiconductors #Cisco

    Many different technologies are used for the metaverse. It uses augmented reality, virtual reality, and video tools. The concept of Metaverse is that people in digital space are digitally together. The metaverse offers investors the potential to stake a claim in an evolving virtual universe . Metaverse can be used in different locations. From the gaming sector to meetings and interacting with each other, it is going to be included. Simply put, a world where you will have an identity – you will be at home, but your avatar is going to be in Metaverse. People can meet, talk and gaming in the digital space through their avatar sitting at home. People can even make virtual trips around the world through their avatar slot in the digital space. Facebook has done a lot of work on metaverse. The term ‘metaverse’ was coined by Neal Stephenson in a science fiction novel [“Snow Crash”] almost 30 years ago,” wrote Koduri. “In recent years, metaverse has come to represent a utopian convergence of digital experiences fueled by Moore’s Law – an aspiration to enable rich, real-time, globally-interconnected virtual- and augmented-reality environments that will enable billions of people to work, play, collaborate and socialize in entirely new ways. The metaverse is “a whole new 3D interactive internet and creates augmented reality experiences for brands and retailers . It’s like an internet that’s everywhere, not just accessible via phones and computers. We can say it’s kind of the internet of life instead of the internet of things. Tech titans will begin competing for metaverse market dominance in 2022 and non-tech brands will continue to explore how metaverses could deliver operational improvements, according to GlobalData.
    In 2022, gaming companies will invest in the metaverse to expand their already substantial user base to create even wider communities. Niantic, known for augmented reality (AR) game Pokemon Go, and Fortnite developer E

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    Education revolution in Punjab ❤️The transformation we all deserve! #punjab #punjabgovernmentschool

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  • Watch The future of digital is trending towards Metaverse | Technology | VARINDIA News Hour Video
    The future of digital is trending towards Metaverse | Technology | VARINDIA News Hour

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    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.

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  • Watch Metaverse to change the future of work Video
    Metaverse to change the future of work

    Metaverse is virtually shaping the world of work. It creates more opportunities for workers in and outside of the office as well as makes some jobs a lot easier. The metaverse promises to bring new levels of social connectedness, mobility, and collaboration to a world of virtual work. The metaverse is poised to reshape the world of work in at least four major ways: new immersive forms of team collaboration; the emergence of new digital, AI-enabled colleagues; the acceleration of learning and skills acquisition through virtualization and gamified technologies; and the eventual rise of a metaverse economy with completely new enterprises and work roles. The metaverse also opens up new possibilities to rethink the office and work environment, introducing elements of adventure, spontaneity, and surprise. A virtual office doesn’t have to be a drab, uniform corporate environment downtown; rather why not a beach location, an ocean cruise, or even another world? Our work colleagues in the metaverse will not be limited to the avatars of our real-world colleagues. Increasingly, we will be joined by an array of digital colleagues — highly realistic, AI-powered, human-like bots. The metaverse could also revolutionize training and skills development, drastically compressing the time needed to develop and acquire new skills. While still in its early stages, the emergent metaverse provides an opportunity for enterprises to reset the balance in hybrid and remote work, to recapture the spontaneity, interactivity, and fun of team-based working and learning, while maintaining the flexibility, productivity, and convenience of working from home.

    We are seeing how the Metaverse can help build business brands and how it’ll bring the opportunity for the job seekers. Metaverses are immersive 3D digital worlds based on virtual reality gaming experiences. Multiplayer online games such as Fortnite already have many of the elements that make up a metaverse, including the ability to buy

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  • Watch How is Metaverse going to affect the Kids future? Video
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    The metaverse, a combination of spatial computing and the Internet, aims to create 3D virtual worlds and incorporate several key emerging technologies such as the blockchain, cryptocurrencies, AI, cloud and edge computing, among many others. Today, every new age of digitization comes with privacy challenges. We already have privacy concerns when we browse the web. The technology that is already tracking our behaviour online will also exist in the metaverse, and the tracking is likely to become even more invasive and intense. The Metaverse could possibly replace in-person physical interaction to an extent: During the pandemic, many users turned to the Metaverse for social activities and gatherings, even conducting entire weddings inside the platform. In the future, it could become as important as social media is to our lives today. Global populations have wondered whether artificial intelligence (AI) will take over human operations, automation will replace all jobs, and remote work will destroy physical offices for good. Now, with companies like Decentraland, The Sandbox, and others in development promising real and inhabitable metaverse platforms, what does this mean for the future of real-world connections? Internet users worldwide already spend enormous amounts of time online and devote significant efforts to boosting their online presence for both social and professional purposes. Once the Metaverse transforms the internet into a three-dimensional virtual space, could it do away with the need for a physical world altogether?

    The tech companies who have invested huge amounts for developing the technology and platform into Metaverse say, For kids, this means endless opportunities for socializing, learning new skills and exploring their interests. Minecraft, for example, is already being used in learning environments to expose children to different cultures through the Metaverse. With this, Kids can truly benefit from the Metaverse, whether they are playing

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  • Watch Metaverse can revolutionize Education, Skilling & Training Video
    Metaverse can revolutionize Education, Skilling & Training

    #Metaverse is an analogy of the Internet, by combining the powers of social networking, AI, Augmented Reality and Virtual Reality – Metaverse offers endless possibilities to imagine a newer and just society. Currently, India’s AR and VR Market stands at approximately $1.83 billion and is set to grow at a staggering CAGR of 38.29% until FY2027. This growth is said to further be accelerated by the digital transformation of the country; a process that is aided by the IT boom caused by the pandemic and ensuing global lockdowns. Experts say, it’ll be the key to improve skilling in India, like can we share the workplace experiences to those living in rural India and Tier 2-3 towns? Maybe Metaverse has or is the answer. People staying anywhere in India can now get virtual and immersive tours of shop floors without having to travel to factories in big cities. This reduces onboarding costs, and makes a wider pool of talent available to all companies. Today’s world is increasingly becoming a gig economy. To perform and become a leader of this new world, India needs to move from a labour-intensive economy to a knowledge-based economy. This means focusing on bettering our worker’s ability to create as opposed to just support ancillary functions. By offering workers a customizable range of concepts and skills that they can easily pick up using this technology.

    The metaverse is entering into a stage of heavy development. Smaller crypto projects, creators, and games produce content and meta platforms alongside huge tech giants like Google and Facebook (Meta). As the trend has picked up, tech giants with platforms that already complement the metaverse have begun their own developments. India is at an interesting stage of transition within the global economy. The rising focus on India can be attributed to India’s operating conditions and cost competitiveness. Reforms to both land and labour laws are critical to India’s success as a global manufacturing location. Metaverse

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    The #metaverse has the potential to impact everything from employee engagement to the customer experience, omnichannel sales and marketing, product innovation, and community building. Examining its potential effect should be part of strategy discussions, with leaders accelerating their analysis of how the metaverse could drive a very different world within the next decade.

    Of course, many questions remain to be answered including how virtual worlds will be balanced with the physical world to ensure the metaverse is built in a responsible manner, how it can be a safe environment for consumers, how closely it will align with the “open” vision of the next iteration of the internet, and whether technology can advance quickly enough to build the metaverse of our imagination.

    The metaverse technology stack has four core building blocks: content and experiences, platforms (such as game engines), infrastructure and hardware (including devices and networks), and enablers (such as payment mechanisms and security).

    Large technology companies, venture capital, private equity, start-ups, and established brands are seeking to capitalize on the metaverse opportunity. Corporations, venture capital, and private equity have already invested more than $120 billion in the metaverse in the first five months of 2022, more than double the $57 billion invested in all of 2021, a large part of it is driven by Microsoft’s planned acquisition of Activision for $69 billion. However, experts say, Metaverse is a double-edged sword.

    With the vast and sophisticated data that will be collected within the metaverse, cybercriminals will be looking for ways to hack and game the system. Prevention of money laundering, microtransactions, intellectual property, and identity theft should be prioritized by financial firms building a metaverse, or offering products and services in one, so users feel safe using this technology. Because, as the saying goes, “with great power

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  • Watch Bengaluru airport launches BLR Metaport for experiencing T2 in metaverse #shorts Video
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  • Watch Meta tech can track your eye movements as you roam the metaverse Video
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    #Meta has a patented technology to track people's eye movements and facial expressions while they roam the metaverse and body poses as well as create “virtual stores” that sell ad-sponsored digital goods in an effort to monetize the metaverse, dozens of recently filed patents suggest. The company was recently granted dozens of patents involving metaverse technology. It said that one of those patents detailed how sensors inside a headset would track a user's facial expressions to 'adapt media content' for them. The metaverse refers to a future vision of the internet which people primarily access through immersive technologies including virtual and augmented reality, which require special headsets. Meta is a metaverse evangelist, rebranding from Facebook last October to reflect its mission of becoming a metaverse company. In an interview, Meta global affairs chief Nick Clegg said that metaverse eye-tracking data could help advertisers 'understand whether people engage with an advertisement or not. While this wording is vague, one potential application could be that a user's virtual avatar would mimic their real-life facial expressions.

    Meta uses biometric data in order to create a more realistic digital avatar using virtual reality or augmented reality. Meta also plans to collect data on users so that it could tailor specific ad content while they immerse themselves in the metaverse, the patent filings suggest. One patent filing shows a sketch of a “wearable magnetic sensor system” that the user places around their torso for “body pose tracking. Another patent can detect a user’s facial expressions through a headset. The system would then compute the expressions and “adapt media content” based on its findings. The company is essentially following the same business model that translated into tens of billions of dollars in profit through its social network. Meta also filed a patent for a headset that is equipped with cameras and se

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  • Watch Alert on using Metaverse Video
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    #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

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