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Top Technologies That Are Taking Us To Metaverse In 2022

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Top Technologies That Are Taking Us To Metaverse In 2022

Top technologies are important as advanced techniques are developed for use in Metaverse projects.

The existence of ethical concerns is precisely why it’s important for business owners to understand the different technologies driving the Metaverse forward and what impact they may have on users, the environment, and our society. By understanding these technologies, businesses can find new ways to enrich our society with constructive uses of virtual reality connectivity that enrich our world and keep the digital economy booming.

In addition, understanding these technologies is important because as more advanced techniques are developed for use in Metaverse projects, the average cost of US$48,000 for app design in the USA will undoubtedly go up. Business owners need to understand what they need to focus on when planning their next move.

Businesses also need to understand that as the landscape of the Metaverse evolves, the nature of the content will change as well. Creating quality content marketing strategies with these immersive, virtual environments in mind is essential as the industry moves forward.

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Blockchain and Cryptocurrency

Bringing a new sense of security with a highly secured network, standing at the top of the list of technologies shaping this revolutionary platform is the integration of Blockchain and cryptocurrency in Metaverse.

Based on decentralized and transparent solutions, blockchain and cryptocurrency can potentially incentivize people to work at Metaverse. With more companies considering the idea of remote working, we might witness metaverse-related jobs being offered in the future.

AR/VR Technologies

Augmented Reality and Virtual Reality technologies will serve as a major stepping stone for Metaverse as they are the core, and define how people use these as entry points to the virtual world.

With new developments happening in VR w.r.t equipment development, it is likely to expand the metaverse experience to involve physical simulations. Considering the versatility of the Metaverse concept, we can expect more metaverse-related companies to invest in AR and VR equipment soon.

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3D Modelling

The incorporation of top technologies will shape the metaverse greatly. For e.g., the presence of 3D Modelling or reconstruction will serve as a prime example of how people will integrate themselves into the virtual world.

 In the recent incidence of Asia’s first metaverse wedding reception, a virtual wedding was hosted by newlyweds as the couple wanted to avoid coronavirus-related restrictions on their big day. This is a prime example of how 3D Modelling enabled the creation of digital avatars of the couple and the 3,000 people who attended that reception.

Artificial Intelligence

Taking the concept of Metaverse to the forefront, another big name in the list of Top technologies shaping metaverse, Artificial Intelligence (AI) is an important technology that will be working behind the scenes to make the magic happen.

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Under the Top Technologies Shaping Metaverse, AI in Metaverse can be leveraged to create non-player characters (NPCs). With AI’s processing abilities, NPCs can be placed across the 3D spaces to enable lifelike conversations with users or can be utilized to perform other specific tasks. An AI NPC can also enable its user to converse in several different languages.

Internet of Everything (IoE)

Integrating another next-gen technology in the list of top technologies shaping Metaverse, we can feed our XR systems and the metaverse with data and interactions relevant for the user. The Internet of Everything (IoE) enables the user to control other systems beyond our XR system while avoiding the limitation of voice commands using virtual assistants, thus adding another name in Top Technologies Shaping Metaverse.

Digital Humans

A new level of immersion would also include a prominent role for digital humans — the NPCs (non-playable characters) and virtual assistants of the metaverse. According to Gartner’s 2021 tech hype cycle report, this tech will be relevant within the next ten years, and the best scenario for it is XR.

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Currently, there are companies like UNEEQ dedicated to this kind of tech. We will experience a giant leap from what we currently have with Alexa or Cortana, which are abstractions without a face, to a more empathetic digital assistant that can become our concierge and give us context-rich information resulting in an even more comfortable experience for the user. (This last statement considers that this tech will go beyond the Turing test and obviously AI has to avoid any dystopian ideas where we’re unsure if we’re speaking to a real person or an AI.)

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Augmented/Virtual Reality

Top Metaverse Trends In 2022 And Beyond

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Top Metaverse Trends In 2022 And Beyond

Here are the top Metaverse trends to look out for in 2022.

Metaverse is fame is growing especially with the help of various major businesses, including Facebook. Here are the top trends to look out for in 2022.

 

Using Coins in the Metaverse

Metaverse coins are one of the most talked-about topics in the Crypto world lately. It is estimated that the interest of large companies in metaverse projects will continue in 2022. It has been announced that nearly 100 coin projects will be realized in 2022, leading the major metaverse coin projects such as AXS, MANA, and SAND.

 

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Beauty Industry will Enter Metaverse

Cosmetics Business, the most followed cosmetics magazine in its field, recently published the beauty trends that will shape the sector in 2022. Many cosmetic brands, especially veteran brands such as Beiersdorf, L’Oreal, Estee Lauder, Louis Vuitton Moet Hennessy, NARS Cosmetics, Jo Malone, Shiseido, Holition, and Dior Beuty, will sell make-up materials for 3D avatars and will develop NFTs on online platforms and games in 2022.

 

Disney will Move into the Metaverse

Disney, the producer of many successful animated films and the creator of famous cartoon figures such as Mickey Mouse, is preparing to move into the metaverse universe. CEO Bob Chapek recently hinted that they are working on launching the Disney Metaverse. Chapek said it will unlock “limitless potential” for the metaverse to enhance the entertainment experience for both the physical and digital worlds.

 

Intel will Enter Metaverse

Intel, a technology company based in California’s Silicon Valley, is poised to enter the Metaverse realm. The company, which thinks that the infrastructure is insufficient for now, said that they are working on new software and updates. The company, which thinks that the existing infrastructure is insufficient to implement the Ready Player One concept, announced that it will continue its work in 2022.

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H&M Opened a Store in the Metaverse

H&M, an international retail clothing company based in Stockholm and operating in the ready-to-wear industry, will be the first retail clothing store in the metaverse universe. H&M, which opened its first virtual store in the city of “CEEK” created on Metaverse, the virtual universe, provides its customers with the opportunity to shop on Metaverse. Ceek Coins will be used to shop at H&M’s Metaverse Store. In 2022, it is planned to develop the H&M store chain within this universe with projects to be made with famous singers and brands.

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Mark Cuban Calls Metaverse Land Buyers ‘Dumb’! Why Though

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Mark Cuban Calls Metaverse Land Buyers ‘Dumb’! Why Though

The billionaire Dallas Mavericks owner and avid crypto enthusiast is not sold on the metaverse.

Billionaire investor Mark Cuban has strong opinions about high-value real estate purchases taking place on decentralized blockchains. The metaverse loosely describes the emerging virtual world where people can shop, hang out with others and play. The idea of the Metaverse being this all-encompassing VR world is one that many are not intrigued by. While Metaverse landlords and other investors pour money into Metaverse real estate. The billionaire’s sentiments come as the increasing hype surrounding the digital universe seems to be fading away.

 

Mark Cuban calls Metaverse land buyers ‘dumb’:

Cuban is a public figure inside the world of cryptocurrency, a world that’s been intrinsically tied to the Metaverse. Without mentioning any specific crypto projects, Cuban said he would be less averse to metaverse real estate offerings once they have a community in place because they can find places with perceived value based on how the community works. In the interview, Cuban even went as far as to insult Metaverse real estate sold by BAYC creators Yuga Labs.

The Sandbox and Decentraland platforms enable investors to buy land as an NFT, which can be developed with virtual buildings or experiences or resold on secondary markets like NFT exchange OpenSea. The volume of land sales across some of the biggest metaverse platforms like the Sandbox, Decentraland, and Voxels was more than $60 million.

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Cuban’s insistence that Metaverse real estate is stupid is shared by a lot of people. Since the end of last year, interest in the virtual property has waned substantially. However, Cuban said that as of right now, the definition of the metaverse is unclear, and it remains up in the air as to whether or not the technology will be fruitful. The metaverse is unclear, and it remains to be seen whether the technology will prosper in the future. 

 

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Metaverse Is Revolutionizing Healthcare: Are You Ready For Change?

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Metaverse Is Revolutionizing Healthcare: Are You Ready For Change?

The Metaverse in Medicine can be defined as the medical Internet of Things facilitated using AR and VR glasses. Metaverse is evolving; it holds new potential in healthcare that combines technologies like AI, VR, AR, Internet of Medical Devices, Web 3.0, intelligent cloud, edge, and quantum computing along with robotics to provide new directions to healthcare.

Metaverse involves the convergence of telepresence, digital twinning, and blockchain major technological trends, which all have the potential to impact healthcare individually. Digital twinning will come about through our increasing ability to map and understand individual genetics, blockchains are actually just distributed and encrypted databases that allow data to be stored securely. The fact that health records are usually stored on centralized servers means that our data is at risk of being stolen. And doctors and nurses have found that they are able to more quickly and efficiently diagnose many of the minor conditions that make up the vast majority of their caseload via a telephone or video call. Telemedicine consultations, particularly through VR, mean patients are no longer limited to being treated by particular clinicians due to their physical location. VR is getting used by doctors and experts to train fellow doctors and medical staff. Together, though, they could create entirely new channels for delivering care that have the potential to lower costs and vastly improve patient outcomes. The Metaverse is already showing signs in digital therapeutics is seeing rapid adoption of this form of therapy, where VR and AR tech in the metaverse enables applications such as cognitive therapy, support groups, psychiatric evaluations, rehabilitation, and even physical therapy with the support of haptic sensors.

The Metaverse is expected to be an effective tool to help perform complicated surgical procedures and enhance patient care. As surgical procedures were already using robotics, now complicated surgeries are all set to use AR. And for efficient diagnosis using tech such as smart glasses.

The healthcare department of Radiology imaging will obviously benefit from the metaverse’s immersive visual capabilities, unleashing new capabilities in radiology. And there are some of the challenges of the metaverse in healthcare. Healthcare is often targeted by cybercriminals as a high-value and susceptible target and to enable the full potential of the metaverse in healthcare, it requires massive infrastructure to function.

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Top 3 healthcare companies working on metaverse:

• Latus Healthcare: It is developing a “virtual hospital”. It comprises a virtual reality hospital environment, where treatments will at first be focused on physiotherapy services.

• iMining: The first-ever hospital foundation to be launched in the Decentraland Metaverse.

• Apollo hospitals: Apollo hospital group has announced a unique collaboration with ‘8chili Inc’ to enable engagement within the metaverse.

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