The metaverse is well-known today. However, there are many misconceptions about it. These include: it is meant only for gaming, the banking sector is adopting metaverse faster, the metaverse is subject to many security threats, large investments are needed for its infrastructure (wearables, GPU-based systems), and so on.
Technologists claim that metaverse is digital nirvana, as it immerses users into the digital world and gives them a virtual experience of anything they do to interact with the platform. For CIOs and CTOs, the metaverse opens new business models and new ways of architecting solutions for an improved customer experience in a connected digital world.
The Gartner ‘Predicts 2022’ report claims that by 2026, 25 per cent of the world’s population will spend a minimum of one hour per day in the metaverse. Metaverse is a revolutionary technology that will open up new-age business models in healthcare (virtual hospital consultation, virtual advice for critical treatments), retail (3D immersive experience-based online stores), manufacturing (virtual quality checks and inspection), banking (branchless digital banks), insurance (digital avatar for marketing new insurance products, consultation for claims), and many more.
The technologies that make up the metaverse
Metaverse is not a technology in itself – it is an amalgamation of a range of technologies. Some of the important ones are listed below.
Augmented reality: This offers a virtual immersive user experience that combines digital and physical worlds to give a real-life experience using devices like a head-mounted display and HoloLens.
Virtual reality: This gives a virtual world experience to users (like a digital game) where they start feeling they are part of the virtual world.
Esta historia es de la edición April 2023 de Open Source For You.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición April 2023 de Open Source For You.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Linux Foundation launches LF India to foster open source innovation and support in India
The Linux Foundation, a nonprofit organisation dedicated to driving innovation through open source, has announced the launch of LF India.
Red Hat launches Ansible Automation Platform Service on AWS
Red Hat, Inc., has announced the general availability of the Red Hat Ansible Automation Platform Service on Amazon Web Services (AWS) as a managed offering available through AWS Marketplace.
Fedora Asahi Remix 41 is now generally available
The Fedora and Asahi Linux projects have announced the general availability of Fedora Asahi Remix 41, the latest version of this distribution tailored for Apple Silicon Macs.
SageMath: A Second Glance at Cybersecurity
The eighth article in the series on SageMath explores a classical encryption scheme called the Rail Fence cipher and introduces the concept of symmetric-key encryption.
Building Cross-Platform Mobile Apps with lonic
Mobile apps are an intrinsic part of daily life today we use them to order food, groceries, taxis, and more. As these apps need to work across platforms, developers are focusing on cross-platform app development so that they code only once to create apps that function on multiple platforms. lonic is a framework that can help developers build apps faster than with native app development, while saving them time and money. Let’s learn how to install and deploy it.
Open Source AI Frameworks: Integrating AI with lot
Open source Al helps loT devices learn, adapt, and automate actions based on real-time data, improving convenience and security. Here’s an overview of six key open source Al frameworks that help integrate Al with loT, and the challenges they face.
Open Source loT: A Primer for Everyone
Open source IoT platforms promise to play a central role in shaping the future, making it possible for more people and businesses to benefit from smarter, more efficient solutions. We look at a brief history of this tech and explore emerging trends.
Using Open Source and Blockchain to Build Decentralised loT Networks
Explore how blockchain is being integrated with loT to create decentralised networks. Find out how leading open source projects like IOTA and Streamr use blockchain to ensure data integrity, security, and privacy in loT ecosystems.
Internet of Things: Running Language Models on Edge Devices
Let’s delve into the technical aspects, challenges, and benefits of deploying language models on edge/loT devices.
How Open Source is Making Quantum Computing Accessible to Everyone
Open source initiatives are breaking down the barriers to quantum computing, making it accessible to everyone. Explore what quantum computing is, the challenges of traditional adoption, how open source platforms are democratising the technology, and how you can get started in this exciting domain.
