Technlogy-Trends-Shaping-Metaverse
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Technology Trends that are Shaping the Metaverse

The future of the internet and the next major tech platform, the Metaverse, is taking the world by storm.

The Metaverse is the collective term for a world of interconnected virtual spaces. It’s a concept that dates back to sci-fi author Neal Stephenson, who wrote about it in his 1992 novel Snow Crash. In the book, people could access the Internet via their avatar and interact with others through Virtual Reality (VR).

The idea is starting to become a reality thanks to new technological innovations. Many experts say this new landscape will help bridge the gap between our digital and real-world identities. Simply put, we are closer to a computer-enhanced world than ever before.

Many companies are investing in the Metaverse. Facebook changed its name to Meta, Microsoft has increased its R&D budget to make metaverse-related purchases easy, and Adobe has updated its Photoshop application to support the creation of Metaverse-ready NFTs.

If you want to stay updated with the Metaverse curve, you need to know the technologies that are shaping and influencing Metaverse.

To help you better understand the concept, here in this post, let us take a look at

  • What is the scope of Metaverse? 
  • What are the different technology trends that are shaping the Metaverse?
  • Is Metaverse here to stay?

Scope of Metaverse

Metaverse is THE future and has already taken the internet to a new level. It is powered by futuristic technologies like Blockchain, Cryptocurrency, AI, AR/VR, etc., seamlessly integrating for the future.

This technology is the future is evident from the increasing investments and projects from tech giants like Facebook. It is used across different industries for several use cases such as –

  • With the help of Metaverse, people can engage with each other in the virtual world in their own comfort from their homes, enhancing the output of remote working. 
  • With Metaverse, patients can consult their doctors right from home without going to the hospital when sick, leading to greater hospital efficiencies and patient convenience. 
  • Since not everyone has enough money or time to travel across the globe, Metaverse offers users opportunities to travel virtually.
  • Metaverse is a third-person video game where you can talk to your friends and even go on adventures and explore the verse, transforming the overall gaming experience 

Technology Trends Shaping the Metaverse

Now that you know the scope of Metaverse, here are some of the technology trends driving and influencing Metaverse technology.

  • Enhanced Hardware and Spatial Audio

Extended Reality is one of the important technologies involved in the creation of the Metaverse. These tools help users interact with digital communities and environments. It is said that, in the future, we will be interacting with teams virtually and using holograms to design products.

In a world where digitalization is constantly evolving, we will require more in-depth XR experiences. To do so, we will need to create more immersive experiences through high-quality and better visuals and spatial audio.

To step into the digital world and feel as natural as walking into a room, we need tools to interact online and have a seamless experience. With time, lightweight smart glasses will replace headsets, and hands-free wearables will replace mobile phones.

  • Hyper-Realistic Avatars

The Metaverse focuses on creating a “Virtual self” or a unique digital version of an individual’s identity, which will help in building a brand online. In this digital environment, these digital and realistic 3D avatars will help individuals to represent themselves online and connect with others on a deeper level.

3D models are already being implemented by many companies and also gaining great traction in the market. Many fashion houses are selling NFT clothing items that people can apply to their avatars in the virtual environment.

The more realistic these avatars become, the more effective and powerful the communication and digital experiences become.

  • Motion tracking and cybernetics

Metaverse focuses on making interactions with machines simpler and easier. In the future, instead of entering requests into computers or smartphones, we will interact with devices via speech, motion, and even the movement of our eyes.

To create a digital world like this, XR developers must focus on creating a more robust tracking technology, monitoring every movement and gesture the user makes. Moreover, to bridge the gap between the real and digital world, there is a need to integrate more feedback from the digital landscapes users interact with.

  • Web 3.0 and Low-code 

Undoubtedly, the Metaverse is more than bringing people together with the help of extended Reality. It is also a concept that relies on the transition to a new kind of internet landscape.

The future of Metaverse is to move the world towards Web 3, where the creators and developers can control their own content and also have ownership over their own identities.

To achieve this, there needs to be an open environment where people can build and create application platforms with less or no code. Although there will be demand for programmers, most enterprises are likely to use low-code platforms to create their applications.

  • AI

The role of AI in the Metaverse involves various technologies like VR, 3D animation, and Blockchain. Many companies are already working towards creating services for this new digital world.

The Metaverse AI will be a series of decentralized, interconnected virtual worlds with a fully functioning economy where people can do anything they do in the real world.

Some technologies created in the Metaverse AI will include image recognition for visually impaired people, automatic translation, and brain-computer interfaces for the most vulnerable.

  • Blockchain and Digital Assets

The primary aim of Blockchain is to allow convenient data exchanges, recorded histories, and decentralized authority. With the development of Metaverse, an open and decentralized internet will focus on Blockchain to provide transparent data management.

In the future, Blockchains will play an important role in creating a safe and fair Metaverse. Blockchain technology is also helping in creating a new economy within the Metaverse itself. With the help of blockchain-enabled platforms, creators are monetizing the things they create and earning money for their hard work.

For example, NFTs, or non-fungible tokens, have evolved in the market as one of the most popular digital assets. These allow people to sell data, services, arts, experiences, etc., in a way they can benefit from the sale.

  • VR and AR

Just like AI and Blockchain, AR and VR are other most important technologies driving the Metaverse. These two technologies make Metaverse immersive and allow users to interact with virtual objects, people, and the environment.

AR and VR are in the development stages, and the Metaverse is conceptual. Since AR is accessible through web browsers and smartphones compared to bulky VR headsets, AR will have the edge over VR in the long run.

Many big tech giants like Meta, Lenovo, and Microsoft are investing in developing metaverse-related VR and AR. Even consumers are more inclined to use these technologies in gaming, social media, live events, eCommerce, etc.

Conclusion

Since the Metaverse has offered people new ways to think about the future, many companies have started adopting it at a rapid pace.

The idea of building a Metaverse to help people with everything digitally is turning into a reality. It is powered by futuristic technologies like Blockchain, cryptocurrency, AI AR/VR, etc., seamlessly integrating these for the future. Here we explained the tech trends that are shaping the Metaverse.

Do let us know in the comment section what you think about the scope of Metaverse. Will it stay?

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