{"id":3402,"date":"2022-01-29T16:19:45","date_gmt":"2022-01-29T10:49:45","guid":{"rendered":"https:\/\/navveenbalani.dev\/?p=3402"},"modified":"2022-01-29T16:28:04","modified_gmt":"2022-01-29T10:58:04","slug":"what-is-metaverse-and-metaverse-technology","status":"publish","type":"post","link":"https:\/\/navveenbalani.dev\/index.php\/articles\/what-is-metaverse-and-metaverse-technology\/","title":{"rendered":"What  is metaverse and Metaverse Technology"},"content":{"rendered":"\n<p>In my view, <\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>Metaverse is a vision which aims to provide a hybrid environment for the physical and digital world.<\/p><\/blockquote>\n\n\n\n<p><strong>\u00a0What technologies make up Metaverse<\/strong><\/p>\n\n\n\n<p><em>Any new vision is usually an amalgamation of existing technology, trends and markets. The backbone technology for building Metaverse &#8211; Cloud, IoT, AI, Blockchain Ledger, Digital Twins, AR\/VR, Virtual Enterprises\/World, Digital Avatars.. (and many more enablers) all exist, but together it&#8217;s now wrapped and advanced under an umbrella coined \u201cMetaverse\u201d<\/em><\/p>\n\n\n\n<p><strong>How Metaverse claims to be different<\/strong><\/p>\n\n\n\n<ul><li>A persistent virtual world representing digital twins of you and your environment.<\/li><li>Advancement in Hardware and Technology to make Metaverse more consumable and scalable.&nbsp;<\/li><li>Integrated Ledger and Finance for managing identity, digital assets and currency.<\/li><\/ul>\n\n\n\n<p><strong>What is Consumer\u2019s Role in Metaverse<\/strong><\/p>\n\n\n\n<ul><li>Understanding the behavioural aspects and sentiments for consumers would be critical to understand in a Metaverse world.<\/li><li>Are consumers happy with buying digital virtual outfits (using NFT) for their virtual avatars or consumer\u2019s looking at Metaverse as a virtual experience store and get assets physically delivered, like using a virtual fashion store and trying outfits using his\/her persona. Understanding this distinction is important.&nbsp;<\/li><li>In my view, the latter seems a reasonable (with or without Metaverse) first step.<\/li><\/ul>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><img loading=\"lazy\" width=\"424\" height=\"600\" class=\"wp-image-3407\" style=\"width: 150px;\" src=\"http:\/\/navveenbalani.dev\/wp-content\/uploads\/2022\/01\/Screenshot-2022-01-25-at-9.33.06-PM.png\" alt=\"\" srcset=\"https:\/\/navveenbalani.dev\/wp-content\/uploads\/2022\/01\/Screenshot-2022-01-25-at-9.33.06-PM.png 424w, https:\/\/navveenbalani.dev\/wp-content\/uploads\/2022\/01\/Screenshot-2022-01-25-at-9.33.06-PM-212x300.png 212w\" sizes=\"(max-width: 424px) 100vw, 424px\" \/>To get weekly technology updates on Metaverse and other exponential technologies,  &#8211; <a href=\"https:\/\/navveenbalani.dev\/index.php\/subscribe-to-technology-bytes-newsletter\/\" target=\"_blank\" rel=\"noreferrer noopener\">Subscribe to Technology Bytes NewsLetter<\/a><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>In my view, Metaverse is a vision which aims to provide a hybrid environment for the physical and digital world. \u00a0What technologies make up Metaverse Any new vision is usually an amalgamation of existing technology, trends and markets. The backbone technology for building Metaverse &#8211; Cloud, IoT, AI, Blockchain Ledger, Digital Twins, AR\/VR, Virtual Enterprises\/World, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3407,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3,10,303],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.0.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is metaverse and Metaverse Technology - Current and Future Technology Trends by Navveen Balani<\/title>\n<meta name=\"description\" content=\"What is metaverse and Metaverse Technology - Articles\" \/>\n<link rel=\"canonical\" href=\"https:\/\/navveenbalani.dev\/index.php\/articles\/what-is-metaverse-and-metaverse-technology\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is metaverse and Metaverse Technology - 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