Today, the internet operates as a centralized network of data centres owned by a few companies through which data flows to and from. The majority of online services, such as e-commerce, social media, and gaming, are provided and controlled by democratic groups of developers, creators, and users. A few influential players dominate most services and platforms. As we move from the … [Read more...] about Why We Need an Open Metaverse
Metaverse
What is the metaverse? The definition of the metaverse, how it works, and why we should care. Learn more about the concept that will be a part of our future lives.
AI and the Metaverse – Bringing Life Together
"The Metaverse is here, and it's not only transforming how we see the world but how we participate in it- from the factory floor to the meeting room." Satya Nadella, CEO of Microsoft A lot of learned people, huge corporate giants, and a sea of the population across the globe are keen on exploring the world of the metaverse. Satya Nadella and many other eminent people aren't … [Read more...] about AI and the Metaverse – Bringing Life Together
How Augmented Reality Will Become Part of Reality Before 2030
It was in 1955 when the American philosopher, inventor, film director, and cinematographer Morton Heilig released a paper entitled "The Cinema of the Future." In the paper, he described an immersive multisensory machine, or Experience Theatre as he dubbed it, that included a stereoscopic collar display, a story-sound system, fans, odour emitters, and a motional chair. The … [Read more...] about How Augmented Reality Will Become Part of Reality Before 2030
The War on Talent: How Tech Will Change How We Hire
The world of recruiting is changing at a speed that can be hard to comprehend. Technology has disrupted everything from how we hail a cab and order takeout to finding a date and conducting financial transactions. The same is happening now with recruiting. Hiring employees is hard. It will always be hard. No app or algorithm can do it entirely for you, but some tools can help … [Read more...] about The War on Talent: How Tech Will Change How We Hire
How NFTs Will Transform the Luxury Industry
The luxury industry is not immune to disruption in society and commerce. In fact, it has always understood innovation, has acted accordingly and benefited from its actions. Thus, when blockchain technology came around, the luxury industry quickly embraced the new possibilities it provided. First, as a way to offer provenance into exclusive products and now to offer new ways of … [Read more...] about How NFTs Will Transform the Luxury Industry
What is the metaverse?
Metaverse is a shared virtual reality created by humans. It draws upon real-world objects and locations to create an interactive, online world that people can explore and modify. The metaverse has been described as a ‘place where physical and digital worlds intersect.
It is often seen as a natural extension of the Internet and has the potential to revolutionize many industries, from education and healthcare to entertainment and retail. The metaverse is in its early stages of development, but it holds immense potential for transforming how we live, work, and connect. Want to learn more about the metaverse? Datafloq has courses available. Contact us to get started.
Why the metaverse?
The metaverse enables individuals and organizations to take control of their online identities and personal data by providing an open, public infrastructure that is syndicated across many nodes. The metaverse also provides a decentralized exchange, allowing users to buy easily, sell, or trade digital assets without a central authority.
In addition, the metaverse is working to build a user-friendly interface that will make it easy for non-technical users to access and use the metaverse platform. Overall, the metaverse is working to build a more secure, efficient, and user-friendly way for people to interact with the digital world.
How does the metaverse work?
The metaverse is the next iteration of the internet, a 3D immersive internet that we will access, among other, using virtual reality or augmented reality. It is made up of avatars, or digital representations of people, who interact with each other in real time. The metaverse is also home to virtual businesses and organizations, which function just like their real-world counterparts.
To access the metaverse, users must install special software to create an avatar and enter the virtual world. Once they are in the metaverse, they can explore it however they like. There are no rules or boundaries, meaning users can do whatever they want.
Are the metaverse and web3 the same?
The metaverse and Web 3 are not the same. Web 3 is infrastructure and can be used to create an open metaverse. However, the metaverse can perfectly exist without Web 3. In that case, the metaverse will be owned and controlled by Big Tech instead of consumers.