4 min read

We've long been fascinated by cloud, Internet of Things (IoT), artificial intelligence (AI), machine learning (ML), and blockchain technologies in the tech world, but a lot has happened in the last eighteen months as the world battled the pandemic. These technologies were adopted faster than we could have anticipated, as they assisted us in overcoming the crisis' challenges.


We've long been fascinated by cloud, Internet of Things (IoT), artificial intelligence (AI), machine learning (ML), and blockchain technologies in the tech world, but a lot has happened in the last eighteen months as the world battled the pandemic. These technologies were adopted faster than we could have anticipated, as they assisted us in overcoming the crisis' challenges.


The Metaverse And Web 3.0

The term "metaverse" was first used in Neal Stephenson's science fiction novel Snow Crash. The goal is to create a virtual space that connects the physical and digital worlds to improve both experiences. Technologists are already speculating on how the metaverse might alter everything we do, from gaming to shopping to attending concerts to performing surgery.


Web 3.0, also known as the 3D Web, is one of the most compelling examples of the metaverse. This innovation, combined with advances in extended reality (XR) — which combines augmented reality, virtual reality, and mixed reality to create a variety of digital and physical experiences — enables the creation of digital twins (avatar), which can be used to create spatial views of cities, buildings, convention centers, homes, and other structures for more efficient planning and design execution.


A lot of this is already in use in some capacity. Thanks to metaverse firms like Matterport (Matterport is the standard for 3D space capture, Matterport empowers people to capture and connect rooms to create truly interactive 3D models of spaces. ) and VPIX360, real estate and architecture firms offered virtual views during the pandemic, resulting in a surge in sales in that market. In an interesting way, the government and the technology sector have converged to "make Smart Cities even smarter."


The metaverse could change how people return to work after a pandemic thanks to Web 3.0 technologies like these. Some people will continue their professional lives on the internet. Some employees will return to work on-site. These journeys could be combined in the metaverse to create a fully immersive experience. Consider going to Toon Town from Who Framed Roger Rabbit or having a real-life experience similar to Michael Jordan's in Space Jam. That could be possible in the metaverse.


How To Join Web 3.0

Tech companies looking to get started with a Web 3.0 journey need to become fully educated on several technology topics. It’s a complex subject that has recently been tying in with several other technologies, so it’s important to have a strong understanding of these three areas, among others: 


Javascript

The first step for tech companies interested in participating in the Web 3.0 space is to improve their JavaScript language skills. Web 3.0 is built on the.js framework (web3.js, node.js, angular.js, react.js), and platforms like Solidity, Multichain, and Hyperledger are JavaScript-like and great starters.


Decentralized Apps

The development of decentralized apps will be the order of the day. You should also learn about blockchain, smart contracts, and how to interact with the blockchain/smart contracts in addition to this JavaScript framework. Because many decentralized apps can concurrently converge with Web 3.0, decentralized app-building has seen a lot of overlap with 3-D technology, which could help us build the metaverse.


There are a number of other examples of Web 3.0 deployment. For example, non-fungible tokens (NFTs) represent real-world objects such as art, music, collectibles, videos, and more. Because of their unique properties, they cannot be replaced or interchanged, similar to cryptocurrencies, but NFTs cannot be exchanged like cryptocurrencies. Because of their immutability, NFTs may be able to help eliminate online privacy concerns.


Quantum Computing

Quantum computing is still in its infancy, but it has the potential to speed up Web 3.0 and the metaverse in general.


On a logical, "left-brain" level, modern computers outsmart humans, but they lack "right-brain" functionality such as sensory input, emotion, empathy, intuition, and other "pseudo-scientific" abilities. Quantum computing aids computers in acquiring these abilities.


A simple example of quantum computing's importance for Web 3.0 is the merge function when driving. Have you ever watched a self-driving car struggle to merge? The reason for this is that it is unable to anticipate the intentions of other vehicles when merging. Web 3.0's digital representations may be able to smooth out that unpleasant bump, allowing self-driving cars to behave more like humans.


Today's business leaders make extensive use of cloud computing. In some form or another, most public clouds offer cloud computing rentals for quantum computing. Start using them and taking the lead; otherwise, you'll be falling behind and waiting for the disruption to push you out of business.


The Industrial Revolution 5.0 could be born out of the convergence of these technologies. It has the potential to reshape our culture, society, and economy. We're about to enter an era in which individuals reclaim control, disrupt Big Tech's and the government's control over information, and, perhaps, give us the truest sense of liberty.


article by Amit Caesar:


You should also check out the following articles:

  1. What is the metaverse? and how does it work?
  2. A meta market opportunity: The metaverse could soon be worth $1 trillion
  3. Facebook wants to build a metaverse. Microsoft is creating something even more ambitious.
  4. How to succeed in the virtual reality world of tomorrow?
  5. Books you must read about virtual reality
  6. Best New Augmented Reality Books To Read In 2021
  7. US$ 4.7 Billion- The global augmented reality gaming market
  8. The smart glasses revolution is about to get real
  9. Consumer Brands Reinventing Marketing in the Metaverse
  10. Imagine Making Money in Rec Room


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