Can you imagine a classroom
where students can attend
classes from home but feel
like they are in a real
classroom with their teacher
and classmates?
img src : here
Metaverse
What is Metaverse?
Metaverse basically focuses on creating a separate virtual world for users
based on their thinking and augmented reality. Metaverse enables users
to create 3D avatars for the users to represent themselves in their virtual
world by means of virtual reality. [1]
For now, the metaverse may seem to us as a science fictional topic but
30 years back, those who didn't know our technology were also science
fiction to them.
img src: https://uploads-ssl.webflow.com/63d9502342ce27748b6be67d/63dd41357fc0710d8e5e0dfe_638648a78fb2cb44826dd682_Metaverse.jpeg
How Metaverse?
Metaverse is the combination of
01
Web 3.0
02
AR/VR
03
Img Src : image1, image2, image3, image4
Blockchain
Web 3.0
• Decentralization
• Blockchain
• Token-based economies
Mission
Blockchain
•
•
•
•
Distributed databse
Data is decentralized
Cryptocurrency
Industrial data immutable
img src : here
Virtual Reality
Virtual reality is the use of computer
modeling and simulation that enables a
person to interact with an artificial
three-dimensional (3-D)
visual or other sensory environment[2].
Virtual reality gives users an
immersive experience as the
visuals displayed corresponds to
user movements.[3]
img src: https://www.snexplores.org/wp-content/uploads/2020/11/1030_LL_VR-1030x580.jpg
Metaverse can create new opportunities for businesses and individuals. It
can be the ultimate place for working together, owning assets,
entertainment, social media, and many more.
img src: https://cdn.dribbble.com/users/2552235/screenshots/16716880/dribbble_post_metaverse.png
Pros and cons of Metaverse
01
Virtual meetings
02
Advancements in health care
03
Cyber crime
04
Addiction
Virtual
meetings
• Remote work locations
• Less spend of money
and time in travel
img src: here
Advancements
in health care
• Remote services
• Test operations on virtually created patients
img src: image1, image2
Cybercrime
Internet fraud
Identity theft
img src: image1, image2
money laundering
Addiction
• People can't take eyes off the mobile
• Immersive experience
• The psycological and physical health
risks are overhelming
img src : here
Predicted market
size of Metaverse
125
100
75
• Google, Meta, and Microsoft are investing
• We can expect metaverse available to common people soon.
50
25
0
2019
2020
2021
2022
2023
Conclusion
Overall, the metaverse represents a potentially
revolutionary shift in how we interact with digital
technology and with each other, and its
development is likely to be a major focus of
innovation and investment in the coming decades.
Thank You
References
[1] “Home - metaknow,” META KNOW, 21-Apr-2023. [Online]. Available: https://metaknow.org/. [Accessed: 26-Apr-2023].
[2] Y. Li, J. Huang, and F. Tian, “Gesture interaction in virtual reality,” Virtual Reality & Intelligent Hardware, 14-Aug-2019. [Online]. Available:
https://www.sciencedirect.com/science/article/pii/S2096579619300075. [Accessed: 27-Apr-2023].
[3]“Metaverse market (by components: Software, hardware; by Platform: Mobile, desktop; by offerings: Avatars, virtual platforms, asset marketplace, financial
services, by technology: Virtual reality and augmented reality, blockchain; by application: Aircraft Maintenance, gaming, online shopping, social media, virtual
runway shows, content creation, others; by end user) - global industry analysis, size, share, growth, trends, Regional Outlook, and forecast 2022-2030,” Precedence
Research. [Online]. Available: https://www.precedenceresearch.com/metaverse-market. [Accessed: 26-Apr-2023].
[4]J. Walbank, “Top 10 companies investing in the Metaverse in 2023,” Mobile Magazine, 20-Jan-2023. [Online]. Available: https://mobilemagazine.com/articles/top-10-companies-investing-in-the-metaverse-in-2023. [Accessed: 26-Apr-2023].
[5] A. Prasad and A. Chakraborty, “Metaverse in healthcare: Realizing business value and opportunities,” Tata Consultancy Services. [Online]. Available:
https://www.tcs.com/what-we-do/industries/life-sciences/white-paper/metaverse-healthcare-life-sciences-realize-businessvalue#:~:text=The%20metaverse%20offers%20a%20potential,reality%20headsets%20and%20wearable%20devices. [Accessed: 26-Apr-2023].
[6] H. E. Lowood, “Virtual reality,” Encyclopædia Britannica, 24-Apr-2023. [Online]. Available: https://www.britannica.com/technology/virtual-reality.
[Accessed: 27-Apr-2023].