As a child, we always wanted to live in our own world. But, did you ever imagine you will be able to create one of your own? Metaverse makes it possible. The time is not far away when designing your own universe will be possible. Where you will have a palace in the depth of the sea, You will be going on a picnic to the moon and celebrating your birthday party in a magnificent resort but in the Metaverse. Our possession in this new world will be verified via NFTs (Non-Fungible Tokens). Whether it is an artistic painting, your virtual avatar, that iconic palace, the cool cap you will wear at your birthday party, or your resort. All your possession will be listed on a Blockchain Network as NFTs.
Sounds fascinating, right? But is it really possible, or are we just daydreaming?
Perhaps, it may take time. Building the technological infrastructure and the right gadgets to provide the desired immersive experiences is a tedious task. However, some of the best minds on the planet are already working to make it possible by combining Augmented Reality (AR), Virtual Reality (VR), Mixed Reality (MR), Artificial Intelligence (AI), Machine Learning (ML), and Blockchain.
Experts say, if used impactfully, it can solve some of the backbreaking problems and create a positive change in the way we live today.
Metaverse & NFT, The Breakthrough Technology Will Revolutionize the Way We Live Today
Do you remember the days when Video Calls were not there? Talking over a phone call used to feel like bliss. But now, you can see your loved ones who are sitting in another corner of the world just by tapping a few buttons on your phone. How does it feel now? Perhaps feelings can not be expressed in terms.
The desire for an immersive experience will also lead to a revolution in industries such as Health Care, Real Estate, Gaming, Remote working, and Education are some example.
EdTech
Already, Edtech platforms are providing a best-in-class experience to students using 3D animations. It offers better clarity of concepts and strengthens the capability to retain them for an extended period.
Integrating Metaverse into the teaching method will further enhance the learning experience. On top of that, a certificate of completion can be created on an immutable ledger as an NFT, where forging the same degree on any other name will not be possible. It will create a more reliant and transparent educational framework in the community.
Real Estate
There have been many property disputes in the past related to property paperwork. For example, two claimants possess the same papers proving the ownership of the same place. Registering the property on a Network of Distributed Ledgers can solve the problem of duplicity, reducing fraud.
Medical
Non-availability of an expert doctor sometimes causes deaths during the surgery. However, using Mixed Reality, an expert can guide through a process to ensure success. We consider doctors equivalent to gods, and the rising technology will also provide the ability to perform unnatural tasks. Things that were deemed inhuman at some point will be possible. Thanks to science.
Gaming
Breathtaking thrill and adventure are two things that drive gamers. Have you ever played Asphalt? The feeling it gives can not be compared with anything else. Imagine you are not looking at it from the outside. Instead, you are present there and driving your favorite car on the race track. Metaverse makes it possible.
For gamers, it is no less than a paradise.
Bottom Line
Metaverse is expected to make positive changes in our life. The way we see remote work will be changed. The way compliance works in the nation will be revolutionized. Students will get an immersive experience. Medical Field will be on the extreme of upgradation. Before making a purchasing decision, buyers will be able to check if it will suit their personality or not.
It is the future, and the development of this new world has begun. Brands like Nike, Gucci, and Hyundai have already entered the Metaverse to exploit the early-bird opportunity.
It made my concepts crystal clear, good work buddy!!