Useful Information You Should Know About Metadata Management

Are you looking to get the most out of your data? Metadata management is a powerful tool that can help ensure your data stays organized and in order. Whether you’re managing a large volume of digital content, trying to keep track of customer records, or just curious about what metadata is -this article will explain some useful facts about it. Metadata provides key information about resources, allowing for easier retrieval and use as well as meaningful utilization and governance. We’ll discuss why you should consider implementing this tool in your business strategy and how it works on different levels. So if you want to learn more, read on!

What is Metadata Management

Metadata management is a term that has been used to describe the organization and maintenance of data about data. It is a process by which businesses can use metadata – information about their data sets, such as creation date, author, quality, or file format – to keep track of all the data they have available and make it easier to search and analyze. As the people behind Salesforce metadata management note, there’s no better time to adopt good data management processes than during implementation. Although metadata management may seem daunting at first, harnessing its power can open up great new opportunities for organizations, allowing them to improve search capability, increase speed-to-market with new products and services, streamline data access, and ultimately gain a competitive advantage in this increasingly digital world.

Benefits of Metadata Management

It is an essential part of effective content creation, offering a wealth of benefits to those managing digital and media assets. From the ability to easily catalog large amounts of material quickly, to the automation of manual processes, better organization of resources, improved data accuracy and more efficient workflow management – metadata management is key to achieving business objectives in industries such as magazine publishing, digital content production, news organizations and more. Not only does it create faster access for users, but it also saves time throughout a project’s lifecycle in both process execution and information retrieval. In short, metadata brings structure to chaos; helping individuals streamline their workflows and boost work efficiency.

How to Perform Metadata Tagging

Metadata tagging is an important step in managing online content. It includes assigning “tags” or keywords to information that helps describe and organize the data, making it easier to retrieve and use. Some best practices for successful metadata tagging include getting clear on the categories of tags you need, staying consistent with your spelling and capitalization, and creating a system to easily recall the tag definitions. Doing so ensures that when someone searches for a specific type of content, all relevant data can be retrieved quickly and accurately. With metadata tagging, you can help make your digital media more manageable and ultimately more useful to readers.

Tips for Making Your Data More Organized

Good data organization is the key to success in any organization that relies on data. It’s a daunting task to keep track of all of your information, especially when it comes to organizing and managing your metadata. Fortunately, there are some tricks and tips you can follow to help make this process easier. Start by using automated solutions such as cloud or software programs where appropriate and leverage charts or visualizations to present complex data in an understandable format. Additionally, set up standardized naming conventions to make it easier for everyone in the office to understand where each data asset should be placed. Finally, backup your data regularly so you have multiple copies.

Tools That Help You Manage Your Metadata

In recent years, the use of technology and data to aid in metadata management has become increasingly important. Luckily, there are now a variety of tools available to help you successfully manage your metadata with ease. Whether you are looking for better database solutions or need help sorting big data, these tools can provide you with the right solutions so that your metadata is organized in the most efficient manner possible. With these modern tools, managing and storing your metadata has never been easier!

In conclusion, metadata management can be a great tool to have in your arsenal. Metadata is what helps make content findable and more organized, making it easier to manage and find the information that you need. With the right tools and some helpful tips, you can easily make sure your metadata is properly tagged, organized, and optimized for search engine discovery. When done well, metadata management will make lives easier by no longer having to sift through endless folders of data searching for a specific piece of information. It will provide users with quick and concise access to your content while giving them a better understanding of its purpose – helping you gain new readership and improve efficiency in the long run.

Are Chatbots the End of Apple and Meta?

Chatbot technology has been around for a while now, but it has become a buzzword in the tech world ever since the release of ChatGPT. It is the only platform that has reached 100 million users in just two months of launch, while it took TikTok nine months, Instagram two and half years, and Facebook and Google five years to reach 100 million users.

With the growing popularity of ChatGPT, Google and Microsoft are investing heavily in AI chatbot technology. So, if ChatGPT has seen a massive positive response and Google and Microsoft spending heavily on it, then doesn’t it doubt the dominance of Apple and Meta/Facebook? Let’s discuss this point in depth in this article and come up with some realistic conclusions.

Investments of Google and Microsoft in Chatbots

Google and Microsoft have been in the news for the past few weeks over their race for AI-powered search engines. With the launch of ChatGPT, Google realized its potential impact and issued a “Code Red” for it. ChatGPT provides the answer of the query directly instead of showing ads and a bunch of websites to explore, as in the case of Google. Seeing the chance to dominate Bing over Google, Microsoft responded fast through its billion-dollar collaboration with OpenAI, the developer of ChatGPT.

Microsoft has made a whopping $10 billion multi-year investment partnership with OpenAI. However, it is not the first investment of Microsoft in OpenAI. It made a $1 billion investment back in 2019 and another silent $2 billion investment, as reported by industry sources. With these investments, Microsoft intends to integrate the Bing interface with ChatGPT. In addition, the tech giant also plans to integrate ChatGPT into Office products. Besides that, since OpenAI uses Azure to train all its models, Microsoft intends to provide its Azure users with Azure OpenAI cloud to help them create state-of-the-art applications using next-generation AI.

Just like Microsoft, Google is also going deep with its AI chatbot investment. In response to Microsoft’s $10 billion investment, Google announced “Bard“, its ChatGPT alternative. However, Bard has turned out to be a disaster for Google till now. The inaccurate answer during the demo of the Bard left Alphabet, Google’s parent company, to lose 7% on Wednesday and 4% on Thursday, making a drop of around $160 billion in stock value. Despite the loss, the game is not over for Google. The tech giant is committed to enforcing the AI chatbot into its search experience and giving Microsoft and other competitors tough competition.

Can Chatbots Break the Influence of Apple and Meta/Facebook?

Google and Microsoft are dominating the race of AI chatbots, while the growing use of ChatGPT is questioning the market influence of Apple and Meta. However, it is not likely that chatbots will diminish the power of Apple and Meta. One of the dominant reasons is that Apple and Meta offer unique services, differentiating them from the chatbot competition. In addition, below are the key reasons that further clear whether Apple and Meta/Facebook are in danger with the emergence of chatbots:

Business Nature

The business nature of Apple and Meta is different from Google and Microsoft. Apple delivers top-notch electronic products, while Meta provides social interaction. However, chatbots are meant to facilitate searches and queries. So, the Apple and Meta business model is not replaceable by chatbots.

Even if chatbots become popular and ChatGPT or Bard grabs billions of users, they will be used along with products/services of Apple and Meta. Google search engine is an excellent example here. Apple users actively use Google to do searches. Similarly, the search responses of Google provide a way for users to access Meta services, such as links of celebrities’ Instagram accounts, etc. Therefore, the emerging technology of chatbots does not seem to compromise the use of Apple and Meta.

Brand Loyalty

Both Apple and Meta have a massive loyal user base. Moreover, both brands hold a reputation for innovation. Users expect new innovative products/services from them regularly, which has helped them to build a massive loyal following.

Brand loyalty will help Apple and Meta if they face competition from chatbots. Moreover, they can also leverage chatbot technology into their existing services, such as Siri and Messenger. In addition, Apple can focus on developing chatbot technology emphasizing user privacy and security, while Meta can develop chatbot technology that elevates social connections. If this happens, then the chatbot market will become more competitive.

Privacy

Google and Microsoft don’t have a solid reputation for privacy control. On the other hand, Apple is known for its top-notch user privacy policy. So, if users cannot trust the way the platform handles the data, they will be hesitant to share sensitive information with the chatbot.

In fact, even if you ask the chatbot to check your programming code, it saves the response in its database and might show your code to the other person asking for a similar code query. Since Apple dominates in terms of privacy, it gets an edge in this aspect.

Chatbots Are in the “Development” Phase

Despite the popularity of ChatGPT, users know that it cannot provide accurate results all the time. Experts have mentioned that large language models, which are the basis for ChatGPT and Bard, are likely to make errors due to the way they are built. They are fed with databases of billions of words, so they predict the phrases in order to respond to queries.

The responses of chatbots will get better as they learn and improve their responses with the passage of time. Currently, chatbots are in the development phase, thereby their accuracy is doubtable. Owing to that, users might use chatbots to get quick responses, but they will still use other channels to validate critical data. Therefore, the dominance of Google/Microsoft with chatbots can only make an impact if they can guarantee accurate responses and gain the trust of users.

Wrapping Up

The world’s obsession with chatbots is justifiable, as they offer human-like responses in natural language. However, ChatGPT, Bard, and other chatbots still have a lot of areas to improve. It is true that Google and Microsoft are dominating the chatbot market with billions of investments, but their competition is more between themselves compared to Apple and Meta.

Microsoft intends to break the hold of Google in the search engine market, while Google doesn’t want to compromise its ads revenue with the emergence of ChatGPT. To sum up, it is very unlikely that Apple and Meta/Facebook will end with the dominance of chatbots because of their differentiating products/services. The debates will be more on Google vs. Microsoft instead of Apple/Meta vs. Google/Microsoft.

Metaverse Announces Legs AR for Company Meetings for Avatars – Is This What We Have Been Waiting For?

metaverse avatar on the left has her knee up, mark zuckerberg's avatar on the right is jumping in the air

Mark Zuckerberg held the first public conference in the Horizon Worlds metaverse of Meta on October 11, 2022, during Meta’s Connect event. At this conference, there were many main announcements, including the new $1,499 Quest Pro headset, Meta’s partnership with Microsoft to bring Office apps into the metaverse, and many more. However, the most-talked announcement is about legs coming to virtual avatars.

Till now, Horizon Worlds users had legless avatars that float in the metaverse without any legs. During the Connect conference, Mark Zuckerberg and his Meta exec Aigerim Shorman’s avatars showed a demo of kicking and jumping off their avatars with legs. This was meant to narrate that Horizon Worlds is soon providing users with legs to have a more lifelike experience in the digital space. However, things don’t look as simple as they seem. So, let’s discuss in detail the metaverse legs announcement and see how things are shaping up currently.

Why Legs are so Important for Meta?

It is almost a year since Mark Zuckerberg changed the company name to Meta and revealed his grand metaverse ambition. Zuckerberg believes that VR/AR is the future of the internet and is spending billions to take on a lead in it. Due to this ambition, Meta is under severe criticism that the plans are quite unrealistic or seriously lack lifelike experience currently.

In fact, Zuckerberg was mocked heavily when he shared his avatar on Facebook for the announcement of the launch of Horizon Worlds in Spain and France.

Right after criticism, Zuckerberg ensured that more enhanced graphic updates are coming to its metaverse avatars. So, the recent announcement of legs coming to the metaverse is one important step to improve the graphics of the avatars and make users feel a more lifelike experience.

“I know you’ve been waiting for this. Everyone has been waiting for this,” said Zuckerberg’s avatar in the Meta’s Connect Event. “But seriously, legs are hard, which is why other virtual reality systems don’t have them either.”

The emphasis Meta is putting on legs shows that visual problems are the biggest concern currently for the company because users don’t want to see floating avatars in outdated graphics. Therefore, the company is trying its best to show that it touches reality, as it will excite the people about the metaverse, which is much needed to stop the declining tech giant’s stock and gain investors’ trust in the future of the company.

How is Meta Going to Detect Legs?

Meta was not able to introduce legs earlier because VR/AR headsets can only detect the movements of upper body parts, such as hands, head, face, etc. When the view of your legs is blocked from the headset due to your arms or if your legs are inside the desk, then the headset is not able to detect their position. So, there is no simple way to detect the movement of legs from the existing headsets. In fact, the new $1,499 Quest Pro headset is also not coming with legs.

Microsoft has also faced complications with introducing legs in its metaverse. Moreover, some other VR experiences that are showing virtual legs are not capable to track the movements of legs in real time.

Despite all challenges with detecting legs, Meta has announced to bring legs first to its metaverse, Horizon Worlds, and then to its other products. As per Zuckerberg, they will set up different predictive AI models that will guess the orientation and movement of legs based on the movement of upper-body parts. In short, they are trying to build a smart AI model that can accurately predict the complete body position.

How Real are Zuckerberg’s Avatar Legs in the Demonstration

The demonstration of Zuckerberg and his Meta exec Aigerim Shorman’s avatars during the Meta’s Connect event seemed to be the actual legs of their avatars that are accurately reflecting their legs’ movements. However, that was just the animation made for the demonstration.

Meta told UploadVR’s Ian Hamilton that they used animation for the legs. “To enable this preview of what’s to come, the segment featured animations created from motion capture,” the Meta told the publication.

This clearly narrates legs are not coming to Horizon Worlds right away. If it was so, then why would Meta do the demo with animations? Most likely, we will see the legs in Horizon Worlds somewhere in 2023, but they are surely going to come into the metaverse environment very soon.

Other Avatar Updates

Meta is not just focusing on adding legs to avatars, but a lot of other visual refinements are underway. For example, the new Quest Pro headset now comes with inward-facing head sensors that can accurately track facial expressions and eye movements. Similarly, Meta is also updating the appearance of avatars with more realistic looks and is also diversifying skin tones, clothing styles, facial features, etc. Meta is also going to launch a Meta Avatar Store next year that will allow users to make their avatars look fancier and buy other digital goods.

Five people standing as avatars

Wrapping Up – Are Legs going to make any difference in the Public’s Perception of Metaverse?

Zuckerberg believes that VR is the future, and it’s true somehow considering the exponential growth in the development and use of VR technology. That’s why Meta is risking a lot with $10 billion annual spending on the metaverse. However, what Meta and other tech giants are struggling with is convincing the general public to show excitement and use the metaverse.

Currently, VR headsets are costly, while the metaverse is used more for gaming and virtual experiences, so even legs alone cannot contribute much to the public perception of the metaverse. Once the graphics become better, more business/corporate-related features of the metaverse come into action, and headsets become cheaper, more people will get attracted to the metaverse. To sum up, Meta will definitely get some appreciation once legs get integrated with Horizon Worlds, but there is a long journey to bring the metaverse to the level that people actually start loving it.

Will Body Image Kill the Metaverse Fantasy?

Look at the image below of Zuckerberg’s avatar vs Zuckerberg’s “dadbod”. What you will see is a deliberate misrepresentation here. The avatar presents the ideal body shape of a 30+ years old man with perfect skin color and appearance.

Seems impressive, right? But what are the consequences on the body images of employees when avatar-based metaverse becomes a new normal in the corporate sector? Is this something that will plague Meta as badly as Facebook and Myspace’s body image issues? Let’s explore this point in light of the new “legs” announcement by Meta.

Legs are coming to Meta’s Horizon Worlds Metaverse

Meta recently conducted the Meta Connect event where Mark Zuckerberg provided an avatar-based presentation and announced new developments by Meta, including the main news that legs are coming into the company’s Horizon Worlds Metaverse. Previously, the avatars were just floating in the Metaverse with no lower body parts. However, now the avatars of users will have legs too, meaning that you will have a full avatar body now.

Why the legs news is so talked about because adding legs is a big challenge not just for Meta but other VR competitors as well. The VR headsets can only detect hand and facial movements, while legs movement is often blocked by the hands or not seen by the headset. Therefore, the Meta is now using an AI-based predictive model to detect the orientation and movement of legs.

With legs and a complete body avatar, many are doubting how this will impact the body image concern of users which is already a well-debated topic for social media apps. But before we jump into that discussion, let’s quickly take a look at body shape issues with social media platforms.

Body Shape Concerns with Social Media Platforms

One of the reasons social media platforms got the attention and popularity across the world was the way they let users connect with their family and friends and let them know what’s going on in their lives. Over the years, social media platforms have grown a lot in terms of features and usability. Today, social media platforms are highly driven by celebrities, models, or so-called “social media influencers” that attract followers with their premium lifestyle or perfect body shape.

Although watching your favorite celebrities seem like a fun activity, deep inside you start hating your body image. That’s what has been in the debate ever since social media platforms have become a part of our lives. In fact, there are numerous researches on the impacts of social media and body shape concerns.

Other than getting manipulated by the perfect body shape of your celebrities or models, the growing use of filters and editing toolkits is further worsening the whole environment. There are filters that can turn your face into perfectly glowing skin. Similarly, there are editing tools that can transform your whole body into a perfect model-like shape. So, imagine one of your close friends posts an image of him/her on Facebook or Instagram with a stunning body shape and glowing skin. What it will make you feel? You will walk to the mirror and feel disappointed about your looks. However, if you try the same filters and editing, you might even look better than your friend. That’s how social media is impacting our mindset about our body shapes.

Role of “Legs” in Affecting Employee Body Image

Metaverse is not just about building virtual worlds and using them for gaming, it can have tons of other corporate-level benefits. Meta is collaborating with Microsoft to add the Office suite into its Metaverse. Similarly, Meta is also partnering with Zoom to enable avatar-based virtual meetings. So, the Metaverse is eventually going to provide employees with new ways of interacting and collaborating.

With the announcement of legs and the full body avatar, Meta is gradually heading towards providing a complete lifelike experience to users. However, it is again rising the concern of unrealistic body shapes of avatars. Just as an example, see the below picture of the avatars of Mark Zuckerberg and his Meta exec Aigerim Shorman. What you see is that they are looking well-shaped and well-dressed, but they look a lot different in their real life.

metaverse avatar on the left has her knee up, mark zuckerberg's avatar on the right is jumping in the air

Once legs are linked with avatars and the Metaverse becomes a go-to place for employees to virtually interact and collaborate, it can negatively affect their body shapes. It is because they will create a perfect avatar of themselves with the ideal body shape they want and then use it for interacting with their colleagues. So, if those employees are working remotely, then this means that their actual looks are hidden from the team. They no longer have to dress up or keep up with maintaining body shapes because no one will be able to criticize them for their body shape. Eventually, it can lead to weight gain, which can impact the health and productivity of employees.

If we compare social media’s impacts on body image with that of metaverse avatars, then there is one major difference. In the case of social media, the influence is triggered by celebrities/models that make their followers feel bad about their body shapes. On the other hand, avatars make employees design their ideal body image and feel less worried about maintaining their actual body shapes. Overall, both social media and avatars can cast their negative effects on their users’ body images.

Final Thoughts

Social media is part of our everyday life and seeing so many filter-based posts of celebrities, models, and influencers with unrealistic body standards are negatively impacting teens and young adults. On top of that, full-body avatars are going to worsen the whole situation, especially at the corporate level. When employees no longer have to worry about the criticism they might face due to body shape, they can become more reckless about it.

One solution to address avatar impacts on body image is by auto-designing the avatars by seeing the actual body shape of the user and giving them limited customization options. However, this does not seem to get implemented by Meta and other VR services. Overall, it might take a few more years till avatar-based meetups become mainstream, so the actual impact of avatars on body image can be better guessed after that.

Metaverse Consulting Services: How Metaverse Will Change The Digital World?

When Meta, the company formerly known as Facebook, decided to reinvent itself to reflect its focus on the “metaverse,” it drew a lot of attention. Meta, on the other hand, is far from the only firm working on the immersive digital world that might be the next big thing on the internet.

The metaverse intends to change the way people connect on the internet, allowing them to communicate in ways previously only imagined in science fiction.

Pearl Lemon Consulting is an expert in providing Metaverse consulting services. The metaverse is already enormous, and it will only grow. Having an expert guide by your side to assist you through it will provide a significant competitive edge to any company that has one.

Metaverse Consulting Services For Better Future

The economics of the metaverse is currently in its early stages of development. The virtual land grab has begun as huge organizations ratchet their efforts to get a footing in space.

The metaverse’s internal economy, on the other hand, will be far from virtual. These advancements have far-reaching and far-reaching economic implications. The metaverse will affect job possibilities, specialized industries, infrastructure, and other areas of current financial impact.

There will be an increase in demand for the metaverse consulting services, seeing the future of the multiverse. The metaverse’s main benefit is that it allows for a more immersive digital engagement in which people may communicate with each other through characters while traveling through a complex and realistic virtual environment.

COVID-19’s impact on the digital economy and challenges to traditional corporate structures has accelerated the metaverse’s global revival. The introduction of bitcoin, cryptos and nonfungible tokens (NFTs) has boosted metaverse demand even more.

Affordability of Experiential Learning

The metaverse would drastically reduce the cost of a wide range of activities and items, allowing the poor and middle classes to partake in activities that were previously only available to the wealthy. The metaverse may enable humanity to virtually tour the globe, participate in high-quality interactions with family members trapped in other countries, and so on, much as the internet has provided vast libraries of knowledge and entertainment to most of humanity.

Development of Digitalization

The multiverse, in particular, will boost digital infrastructure. Massive digital infrastructure enhancements are required to keep the Metaverse ecosystem alive. The metaverse can be regarded as digital infrastructure rather than needing it. Metaverse consulting services are the future of industrialization.

The metaverse will, in any case, have a considerable impact on the digital infrastructure industry. Big data centers will be in limited supply to manage the vast quantities of data created.

Economic Development in General

Above all, the metaverse will help to boost general economic growth. With all of the mergers, buzzwords, and excitement, it’s easy to overlook that the metaverse represents reality. It will sustain the individuals, locations, and activities that makeup society, as well as a distinct virtual economy with real-value-creating virtual employment.

The metaverse has an incredible amount of income-generating options, and the world economy will explode. And, what’s more, there are no boundaries in a virtual world.

AI-Based Translation for Your business – Pros and Cons

A number of fields benefitted from artificial intelligence, and it should come as no surprise. After all, it can be used to take care of a wide range of tedious tasks, ranging from detecting cancer cells faster than medical professionals to finding leaks in miles-long pipelines. So, provided that you know how to use them, AI-based tools can help to increase your productivity and accuracy quite a bit.

When it comes to translation, artificial intelligence has come a long way. Translation software has become consistent, accurate, and accessible, with Google Translate and personal assistants like Siri and Alexa being able to do translation for you in the blink of an eye. In addition, such software can be constantly updated and improved using large datasets and human feedback. Unfortunately, such software does have its downsides. If you were to develop an AI-based translation service on your own, it would come with huge initial costs. In addition, AI-based translation is far from being perfect and is still reliant on actual human translators; for example, translation in science or of legal documents always needs to be overseen by someone who knows the language as well as the relevant niche.

If you are thinking about developing or using an AI-based translation service, you will find a short list of both the upsides and the downsides in the article below.

Pros of AI-Based Translation

AI-based translation has several advantages. First of all, it is faster than traditional translation services. If you are used to manually translating texts, you know that it can take hours to translate just a few hundred words. When using an AI-based service, you get the translation in less time, and you probably do not have to pay for it as much as you would have to pay if you were to hire a human translator.

Another great advantage of AI-based translation software is its accessibility. Nowadays, it is available for just about any device, be it a smartphone or a laptop. As such, it can be used as a personal translator that will help you communicate with others on the go, regardless of where you are or what language the people that you are talking to speak.

Moreover, such software is constantly being improved using user feedback and large sets of data, which means that it can be made to be more accurate and more efficient with time. Artificial intelligence is also very versatile, so you can use it to translate a variety of different languages and text types.

Finally, an AI-based translator service is available for you to use at any time. You do not have to wait for a human translator to become available in order to get the translation you need.

Cons of AI-Based Translation

To provide you with the best AI-based translation, its developers need to be able to collect and analyze a lot of data. So, if you are looking to develop an AI-based translation tool quickly and cheaply, it is likely to end up being inaccurate and unsuccessful.

Another problem associated with using artificial intelligence is that it is often unpredictable. One day, it will work perfectly fine and produce an accurate translation, and the next, it will not cooperate at all. As such, if you are planning to use an AI-based translation service, you will need to make sure that you have an alternative plan in case the tool that you are using fails to produce a satisfactory translation.

In addition, the results of AI-based translation are still not very accurate. AI-based translations still have to be read and edited for accuracy and clarity by human translators.

Finally, artificial intelligence tends to have issues with the context. It simply does not understand the context in which the text it is translating is going to be used or the meaning behind certain words, so it will not always be able to produce a proper translation.

How Can You Benefit from AI-Based Translation?

Ideally, AI-based translation services should be used as a supplementary tool. In other words, it should be used to create a base for an accurate translation. Later on, it will be corrected, edited, and expanded upon by a human translator. When used in such a way by a team of translators, it can help to increase the entire team’s productivity and profitability significantly.

On the other hand, AI-based translation has plenty of downsides that might slow you down, particularly if you are dealing with highly specialized texts or texts that include a large number of idioms, wordplay, and cultural references.

Can AI Replace Translators?

As it stands, artificial intelligence is far from being able to replace human translators. However, that does not mean that it cannot be used as a supplement for human translation. It can help you to increase your productivity and accuracy without necessarily taking over the work of a human translator.

In Conclusion

While AI-based translation is not perfect, it can be a very useful tool. If you are a professional translator, it should be able to help you to increase the accuracy and the speed of your translation.

However, in order to genuinely benefit from it, you will need to do your research and find a tool that suits your needs and your expectations. The best way to do that is to browse different discussion boards dedicated to translators. Other than that, asking other translators for advice and recommendations is always a viable option. You’ll soon see it’s all worth the effort.

Sandbox Vs. Decentraland: Things You Should Know 

Decentraland is here to stay and people buying the virtual lands on this platform is the clear manifestation of the supreme technology. Moreover, the changes that people witness during this phase are also an embodiment of growth. Today, there are a plethora of platforms that invest heavily in disruptive technologies to create their own niche in the market. It helps in creating a pool of Ethereum platform that can later be used for good. Sandbox is also leading the way with its own unique value proposition that is worth acknowledging. So, what is needed of you right now is that you have the liberty to choose the most convenient platform for you to explore and leverage in real-time.

The recent analysis of the trends by the bitcoin trading platform is unfolding in the market. People are happy, and their hopes of achieving significant things through the digital market are also considerably higher. We may not see the opportunities as and when they come, but they do seem to make a great deal of sense should you choose to see through them. Regardless of the platform being decentraland or Metaverse, we can easily infer that changes in the technology and constant updates make up for a great source of revenue, no matter how hard they initially might seem to be.

Things to be Conscious of 

Decentraland is here to stay and people buying the virtual lands on this platform is the clear manifestation of the supreme technology. Moreover, the changes that people witness during this phase are also an embodiment of growth. Today, there are a plethora of platforms that invest heavily in disruptive technologies to create their own niche in the market. It helps in creating a pool of opportunities that can later be used for good. Sandbox is also leading the way with its own unique value proposition that is worth acknowledging. So, what is needed of you right now is that you have the liberty to choose the most convenient platform for you to explore and leverage in real-time.

Each platform is outperforming each other in their respective ways that seem to go a long way. Decentraland specializes in selling and buying virtual lands, while the Sandbox is entirely based on blockchain technology. Virtual reality games are running rampant in the digital ecosystem as the play-to-earn model has gained massive traction in quite a few months. You might not have heard about it all, but the way people treat such disruptive technologies is worth considering. There is certainly no denying the fact that you can make the most of such platforms once you begin to dabble in them.

What’s in Store for You 

Decentraland is a stellar platform that enables online users to buy and sell virtual lands while maintaining the ownership of it all. Now, this is a unique platform as such platforms have not been developed yet. Nor did they have any implications in the real world back in the day. But today, we are witnessing a serious stream of changes that are also making considerable improvements along the way. People are opening up to the changes and challenges that they deem fit and necessary in their case. The total volume of opportunities is increasing in size, which is a great way to determine that we are on the right track.

Sandbox is a disruptive technology that has changed the entire landscape of exploring the internet. This platform made significant strides through its seamless portal that has been a subject of praise for quite a few years now. You can also determine through the looks that a significant pool of efforts has been exerted into the development of it all. None of the progress that Sandbox has witnessed would have been possible should there have been no disruptive technologies like Metaverse. The developments on the platform suggest that you can move ahead with the help of seamless technology at any given moment.

Conclusion 

Metaverse is the true definition of virtual reality that speaks volumes of the advancements that technology has achieved lately. We are becoming more technology-oriented here, and people are highly driven towards it today more than anything. The aerodynamic world created by the Metaverse is being cherished by each and every single user. The element of uniqueness that comes in the form of virtual reality makes it all look a little more unrealistic, but the thing is, it is all as real as it can get. Regardless of the type of digital platform that you are in, you have to acknowledge the fact that we are an indispensable part of an ever-thriving world. 

Shiba Inu Entering Into the Metaverse is a New Fad

There are a lot of things that you need to know before you make any significant decisions in the market. The dynamics change almost every other day, which requires you to be on the lookout for the Bitcoin Era that propel your chances of making it big in the mainstream. Shiba Inu and Metaverse are beginning to create something highly significant and influential. 

People are drawn to it more than any other coin that is active right now. In order to keep yourself abreast with the current trends, you can rely on the bitcoin trading platform that monitors the current development in the digital scenario. There are a number of cryptocurrencies that are making significant progress in the highly saturated market. Now, what you need to make sure of in the current environment is that it is highly saturated with digital assets. One such coin that is continuing to register significant growth is Shina Coin.

The world is full of fads, and there are absolutely no limitations to them. Be it the crypto industry or any other predominant industry; fads always end up grabbing the most attention. You might also want to steer clear of the bubble fad that usually ends up doing the most damage in the mainstream. Metaverse is believed to grow a significant rapport with other digital assets, which is currently paying off.

The Advancements in the Pipeline 

Shiba Inu has already been incorporated into the Metaverse, which is indeed a process that has been eyed for a considerable period of time. Now, having been inducted into the Metaverse has boosted the chances of this cryptocurrency to navigate through the platform better. The scope is higher, and the traffic also looks promising enough. You have to be careful of the final decisions that you make in this digital asset-saturated world which is beginning to come full fold here. Moreover, the rightful decision-making will ensure that you are on the right path as the entire industry feels like a slippery slope.

Now, it is commonly referred to as an altcoin which stems from another altcoin which is known as Dogecoin. Furthermore, Dogecoin is yet another altcoin that stems from Bitcoin. So, that entire chain is already established, which is why the benefits are significantly higher and compelling. The entire Japanese dog breed, which is predominantly known as Shiba, has grown significantly in prominence and relevance simultaneously. 

Rise of Shiba Inu 

The cluster of crypto exchanges that are present today recognizes Shibainu as a change-maker digital asset, and the popularity is generally generated from the prevalent memes, crowds, and unprecedented social media. The entire Ethereum blockchain network builds the mechanism of shinainu, and just like many other famous crypto coins, Shiba Inu has come a long way through its blockchain network. 

Dogecoin is a formidable rival of Shibainu, and the fact that Shiba Inu was launched as a direct rival of Dogecoin says a lot about the ongoing rivalry. The prices of Shiba Inu are skyrocketing, which can be attributed to its growing prevalence in the digital market. Furthermore, its availability is also around 394 million, which is a great number in terms of popularity and significance. The world is embracing a stream of new changes quite openly. The eccentric billionaire Elon Musk is also known to be a popular proponent of Shiba Inu, which also propelled the overall growth of Shiba Inu.

Conclusion

Metaverse is taking the lead when it comes to introducing new digital assets to the platform. Shiba Inu didn’t have much trouble in establishing itself on Metaverse as it already has great popularity that stems from its name and background. The prospects of an immersive reality have generated a colossal stream of revenue. The requisite changes have been made to ensure that Shiba Inu remains in the mainstream. 

The effects of cryptocurrency can be seen through the transactions that have significantly increased in frequency. ShibaInumetaverse is indeed a new fad and not only that, but it is also beginning to unleash its full potential as people have started to visit the platform. The future exceeds the expectations by miles, and cryptocurrencies are the pure manifestation of this argument. Only time will tell what’s next for the cryptocurrencies. 

Is Metaverse Going to Replace the Internet?

Ever since Mark Zuckerberg announced the Facebook rebranding to “Meta” and the company’s plan to enter into the metaverse era, the internet is going crazy around metaverse. We see debates around how metaverse is going to change the internet, the competition among tech giants around metaverse, and similar other elements.

But is it just a misconception that metaverse will replace the internet or is it a reality? Many things we do are getting replaced by automation or bots, such as automated cryptocurrency trading. Let’s clear it out in this blog.

Metaverse – A Quick Overview

You can call metaverse a life within a virtual world driven by ultrafast internet and multiple digital technologies, such as virtual reality (VR), augmented reality (AR), live streaming, cryptocurrency, and many more. It is being assumed that metaverse technology will let users use digital personalized avatars to remotely interact with family and friends in real-time, do virtual meetings, go to concerts, do shopping, play games, and be part of similar other activities.

The Hollywood movie “Ready Player One” is one excellent example to imagine what metaverse might look like, but don’t consider it the ultimate target of the metaverse. It is true that metaverse can completely change our gaming experience, but one of the main objectives of the metaverse is to shift people’s interaction via 2D video calls to virtual real-time 3D meetups.

Where Metaverse Technology Stands Currently?

Metaverse is just a fancy concept currently and it will take years if not decades to develop a realistic version of it. As per Mark Zuckerberg, there are still 5-10 years for metaverse to become a mainstream technology. However, no one can project the release date currently. It is because metaverse depends on an interconnected network of services/technologies, so it is challenging for any single company to achieve all that in a short timeframe.

Currently, we can see some early adopters of the metaverse in games like Fortnite and Roblox or other VR products, but gradually we will see more enhancements or early versions of the metaverse. In short, with every passing year, we are going close to witnessing a new era of the internet-driven by immersive technologies in particular, build a metaverse app and their distribution in business and in the market as a whole, – says Slava Vaniukov, expert and CEO of Softermii.

Metaverse Enhances the Internet not Replaces It

Now that we know what metaverse is and where it stands today, let’s clear out our confusion around metaverse and the internet. If you think metaverse as shown in Ready Player One movie, then you might assume that it is a replacement of the internet. However, the metaverse is meant to “enhance/expand” the internet capabilities not replace the internet. In fact, the metaverse is only achievable with the ultrafast internet. Metaverse development services can help build and establish social media, games, and even real estate on metaverse.

The below table will further clarify how metaverse enhances the internet:

InternetMetaverse
Computers / Tablets / SmartphonesVirtual Reality (VR) / Extended Reality (XR)
2D Screens using Touch or MouseNatural UI/UX
Profile Pic / User IDPersonalized Digital Avatar / Universal ID
Software Applications / WebsitesVirtual Experiences
Text, Audios, Videos, or ImagesEverything oriented in 3D
Live StreamingLife Streaming
In-App PurchasesCrypto / NFT

In simple words, you will still be able to do normal things on the internet the way you can do today. However, when you will use VR headsets or glasses, you will be able to elevate your internet usage experience.

Technologies Needed to Access the Metaverse

Metaverse will be an interconnected system of immersive technologies and services that will make a virtual world feature-rich. Think of it with the smartphone example. You are able to do a lot of things via your smartphone because different technologies and services are interconnected with that single device. The same is applied to the metaverse and that’s also the main reason why metaverse is not achieved till now.

The main technologies or devices required to access the metaverse are as follow:

  • Immersive devices that support virtual reality (VR), augmented reality (AR), extended reality (XR), and similar other environments.
  • Ultrafast internet to stream and access content and other services in real-time.
  • Digital wallets (cryptocurrency wallets) to perform transactions across digital services in the metaverse.

There might be some other technologies required, but the above ones will be the crucial ones.

Current Competition in the Metaverse

There is massive competition going on among the tech giants to be the first ones to offer metaverse services. Its market size as of 2020 was $47.69 billion, and it is projected to expand up to $814.2 billion by 2028. Meta alone is spending $10 billion in metaverse research and development in 2021.

Metaverse is believed to be the next big thing after “smartphones”, which is justifiable too considering the growing interest of people in avatar-based gaming apps, such as Fortnite and Roblox. In fact, Fortnite managed to generate a revenue of $9 billion just in the first two years. Owing to that, every tech giant, such as Meta, Microsoft, Sony, Google, Apple, and others, wants to succeed in this race and grab the early attention of consumers and investors.

Some consider that Meta will lead this race, but nothing can be said currently. Meta is good at marketing metaverse, but Apple is also silently working on its AR wearable which is believed to be available in the market by the end of next year. Similarly, Nvidia is leading the race in AI chips crucial for immersive technologies, while Microsoft is also investing aggressively in research around metaverse. So, the global heat around metaverse is warming up gradually, and it’s worth watching who will win the race.

Wrapping Up

Metaverse is indeed a game-changer, offering a virtual world experience we could just imagine currently. Although it is not going to replace the internet, just the way we use and interact with the internet will change or enhance. So, hold tight for the next few more years till we start seeing some realistic versions of the metaverse.

What is the Metaverse – Is It for Business or Just Gaming?

The idea of metaverse has been circulating around for many decades, but thanks to the tech giants that it has become a topic of discussion and a massive field of research. Meta (formerly Facebook), Microsoft, Sony, Google, and other tech giants are spending billions in achieving the so-called virtual world. So, what is the metaverse, and is it just for enhancing the gaming experience? Let’s look into all of that in this blog.

What is Metaverse?

Metaverse is an amalgam of “meta” and “verse”. Meta is a prefix that implies “beyond”, while verse implies “universe”. So, metaverse means a combination of multiple 3D worlds where a digital version (avatar) of a person can move and interact with others. Metaverse is also dubbed as the future of the internet, as it acts as a gateway to a virtual world where people can have virtual meetings, watch concerts, work on projects, play games, etc.

The easiest way to understand how metaverse intends to work is by watching some related movies, such as The Matrix, Ready Player One, or Minority Report. The virtual world that metaverse has to offer will be accessible by high-tech gadgets, such as VR headsets or glasses. So, the key to achieving metaverse technology is to succeed in developing interconnected immersive technologies, which we will see happening in the next few years.

Is Metaverse For Business or Gaming?

This is the misconception that is circulating around ever since Meta started marketing metaverse. Gamers are promoting metaverse as the new era of gaming experience, while businesses or tech people are promoting metaverse as a way for people to interact with each other more conveniently.

Horizon Workrooms concept by Oculus (a Meta-owned VR headsets manufacturer) shows a virtual meeting experience where participants located at different locations are able to join the same virtual room for a meeting using VR headsets. Not just that, they could even use virtual whiteboards or their own keyboard or computer to have a better team discussion. In fact, its beta version is even available for free for Oculus Quest users.

So, one thing we can clear from Horizon Workrooms is that metaverse is not just confined to gaming. It acts as a gateway for people to experience real-world activities in a virtual way. Some of the capabilities of Metaverse are as follow:

1. Virtual Interaction

One of the main goals of the metaverse is to turn our 2D video or live streaming into 3D virtual lifestreaming. It will let us communicate and interact with our family, friends, and colleagues in a way that we feel being physically present there (using personalized avatars). We could attend or host events, celebrate birthdays or other parties, all while being thousands of miles away.

2. Business

Another revolutionary change metaverse intends to bring is in the business sector. Currently, Zoom, Teams, or similar other apps empowers teams to collaborate effectively. But metaverse will make them have those meetings in a virtual room, just like we discussed above in Horizon Workrooms. Moreover, metaverse will elevate other business processes, such as project design stimulations, etc. Other than smoothening business operations, metaverse will also give more business opportunities to software firms to develop products for the digital world and reach out to millions of users.

3. Shopping

Metaverse will give a whole new shopping experience to the users. From one place, they will be able to do shopping both for the virtual world (like avatar costumes) and the physical world. They will even be able to try out clothes or test out accessories before placing the order.

4. Entertainment

Metaverse will be full of entertainment madness. It will provide a more immersive gaming experience where gamers can feel like they are in the game. Moreover, movie premieres, music festivals, sporting events, and many other similar entertainment activities can have the presence of an unlimited number of users. Similarly, people who cannot afford to travel or have busy work life will be able to go to the places they want virtually.

To sum up, the metaverse is like an all-in-one package that is meant both for business and gaming.

Features of Metaverse

Some of the main features of metaverse we will experience include:

  • Seamless Movement: Metaverse will make it seamless to move between different components virtually, such as concerts, games, shops. In short, you can move around the whole virtual world and do all kinds of activities virtually in your personalized digital avatar.
  • Always Live: Metaverse itself and the objects in it will always remain live and accessible in real-time. Just like the real world, nothing will stop or pause even when the user logs out.
  • Globe Presence: Metaverse will connect the whole world together. Millions of users no matter from where they are logged in will be able to join events, concerts, etc.
  • Customization: A user identity will be its personalized costume, which could be customized. For example, you can change your outfit to a formal dress code like a double-breasted formal suit for attending a business meeting, or change it into a cool dude for a concert or party.

In short, metaverse combines the physical and the virtual world. So, we can just imagine how feature-rich it is going to be.

How to Try Metaverse Today?

Unfortunately, the metaverse we are imagining or what the internet is making us imagine still requires years of research and development. However, there are some early adaptors of metaverse (mostly in the gaming industry) that can give you a glimpse of it. For example, you can try out a digital avatar-based gaming experience in Fortnite, Roblox, Minecraft, Trove, and similar others.

If you want to experience it from the corporate angle, then the free beta version of Horizon Workrooms with Oculus Quest is one possible choice. Overall, whatever experience you can have with metaverse today is just a small portion of what you will experience once the tech giants manage to build the actual metaverse they have made us imagine.

Final Thoughts

Tech enthusiasts cannot wait to see metaverse in real action. It is a life within the internet that is going to change the way we interact with the digital world. Massive developments are underway and it is expected that soon we will be able to experience some early versions of the metaverse.

The Internet of Senses — An Emerging Consumer Trend 2030

Today, being with people who are miles apart, translating a menu from a foreign language using your camera, or watching out for the traffic when you’re on the road isn’t novel anymore. People are used to what extended reality has to offer, but the technology does not stand still. The experiences are expected to become richer, more captivating, and involve all our senses, not just vision and hearing. The digital and physical worlds are merging, and that’s called the Internet of Senses.    

What Does the Internet of Senses mean?

The Internet of Senses is a novel and rapidly-developing technology that augments our senses beyond the boundaries of our bodies. It implies combining various technologies, including visual, audio, and haptic, to deliver new, digital sensory experiences similar to those we encounter in real life. 

The IoS gives people augmented vision, hearing, touch, and smell. The technology allows blending multi-sensory digital experience with actual physical surroundings. In this way, we can interact with people, robots, and devices as if they were right in front of us. 

With the help of this innovative technology, the companies could deliver groundbreaking solutions, such as immersive communication or sustainable vacations in VR. A bunch of businesses are already looking for specialists who are capable of coming up with such products. 

So, hiring skilled programmers now is a forward-looking decision that can give you an upper hand in a couple of years. Developers in Ukraine are considered talented and reliable and will surely give your company a competitive advantage because they stay on the same page with the industry trends.  

How Can People Benefit from the Internet of Senses?

The IoS is the next level of digitalization that is expected to reshape many industries. Hyper-fast connectivity and advanced automation are a must for the solutions that will be emerging in a new sensory world. 

Although IoS is mostly used for commercial purposes, like allowing people to smell perfumes before purchasing them on e-Commerce websites, the technology is also applicable for other areas. For example, people with allergies or those that have lost the ability to taste flavors due to various diseases can taste them again with the help of the IoS.

These are just some examples of how IoS is anticipated to be applied in the future:

Thoughts accessible via technology

Many people believe that in 2030, it will be possible for us to reply to short messages using only thoughts. The boundary between “thinking and doing” will be blurred, making way for the new market dedicated to devices. 

For example, when having AR glasses on, a person has to think about a specific destination, like a grocery shop. After that, it will show an individual the way to get to the location and where to find the products one has on the shopping list. 

Touch and merged digital reality

An array of consumers expects to be able to touch anything digitally. For example, they believe they might partake in a Formula 1 race, experiencing all the feelings the drivers have. These include vibrations, smells, and sounds. The same goes for concerts, meaning you can both hear the music and feel the bass on your skin. 

Holographic communication

This means communicating with people as if they were sitting just next to you. The increased presence will be achieved with holographs that behave just like a real person you’re chatting with or with avatars. These aren’t limited by sound and images, involving taste and smell too. For instance, they can digitally convey the taste and smell of coffee.

Sensational services

It is anticipated that the multi-sensory experience will allow us to immerse ourselves in another place or historical period. The entertainment industry will be significantly altered, bringing exceptional experiences in gaming and cinematic areas. Workstations and workplaces will be contrasting to those we have now, and people won’t have to be actually present at the office or other facilities presenting only virtually in their working life.  

Wrapping Up

As you can see, the technologies are now proving more solutions that can be applied in every industry. The future is just around the corner, so it’s fair to say that the way we perceive our routine is about to face drastic changes.