The term Metaverse has recently being a trend not only in IT world but also in business and investment. For example, even retail store such as Walmart is preparing to release its own NFT and crypto to join the Metaverse. But what is exactly Metaverse?
What is Metaverse?
It is a compound word that adds “Universe,” which means the real world, and “Meta,” which means processing and abstract, and refers to a three-dimensional virtual world. The Metaverse world has been expressed in the word Virtual Reality, but now the word Metaverse is used as an advanced concept.
Since the end of 2020, news related to Metaverse has been heard little by little. Through the prolonged COVID-19 situation, Metaverse is paying attention to the world that creates value as virtual and reality interact and resonate, and social, economic, and cultural activities are carried out in it. In fact, metabus-related companies are very aggressive and challenging by expanding their technologies to education, healthcare, and e-commerce sectors. Metaverse-related searches, which show public interest, are also increasing rapidly recently, and is a global trend.
Metaverse is often mentioned as a strong paradigm leading the post-Internet era. In response, global IT companies recognize Metaverse as a new opportunity, and NVIDIA CEO Jensen Hwang said that Metaverse can save companies billions of dollars.
