Digital Asset Series 2022: Metaverse

The idea of the metaverse is just not new, with the time period first being coined within the 1992 novel Snow Crash. Additional, whereas pilots have used a type of digital actuality (VR) as a part of their coaching for many years, many 90s avid gamers can be acquainted with video games similar to Second Life and Sims that concerned a the metaverse.

With advances in VR expertise, such because the larger growth of the Oculus Rift and Meta’s Meta Quest, the potential for a functioning metaverse has turn into more and more actual. We have now seen the introduction of blended actuality features, initially by means of lately launched video games similar to Pokemon Go, however extra virtually by means of Ikea’s use of this expertise for furnishings placement.

In 2021, Forrester Research discovered that solely 17% of these surveyed within the UK want to spend time within the metaverse, and 36% reporting they don’t have any want for the metaverse of their life.

The Covid-19 pandemic has arguably pushed the thought of the metaverse additional alongside, however questions stay over what it truly is, what it’s for, what advantages it’d provide, and if it is a growth we even want.

Audio system:

Níamh Curran – Reporter, Finextra [Moderator]
Dr. Jochem Hummel – Assistant Professor of Digital Innovation & Collaboration, WBS
Rohit Talwar – CEO, Quick Future
Ben Corridor – Product Supervisor – Digital Assets, Contis 
Tom Ffiske – Editor of the Immersive Wire, Accenture