Own After creating a separate identity, Facebook has changed its name to ‘Meta’. In fact, Facebook has rebranded itself to the new technology metaverse. With changing its name, the social media company is preparing to do a lot of new things. Facebook CEO Mark Zuckerberg has previously said that Facebook is creating an online world that will give users a different experience.
What is Metaverse? (What is Metaverse?)
Metaverse is a virtual world that allows users to enter the digital world. Users will have a different identity in this world. From virtual roaming here, shopping for goods and meeting friends and relatives. Facebook is preparing to do something new and different by taking itself beyond a social media company.
These companies are working on the metaverse
The metaverse consists of several categories such as software, hardware, asset creation, interface recreation, products, and financial services. Hundreds of companies are working on all these categories. Apart from Facebook, Google, Apple, Snapchat and Epic Games are the big names that have been working on the metaverse for many years. It is estimated that by 2035, the metaverse could be a Rs 74.8 lakh crore industry.
How does it work?
The metaverse is used to explain virtual, interactive spaces in the digital world. Metaverse works on a combination of technologies like Augmented Reality, Virtual Reality, Machine Learning, Blockchain Technology and Artificial Intelligence.
understand with an example
How the metaverse will change the use of the Internet, we can understand it with an example. For example, enjoying the virtual world. If you like a TV in a shop here, then you will be able to buy it. Digital currency will be used to buy it. Whatever address you give here, this TV will be delivered there. In this way you will be able to use virtual shopping.
Facebook can be used on other platforms
Facebook CEO Mark Zuckerberg believes that the Metaverse will be the reality of the world in the times to come. They don’t want to be left behind in this race of metaverse technology. Several media reports have claimed that Facebook may also use Metaverse technology on its other platforms such as WhatsApp. In this way, with the user getting something new, the experience will also be better than before. According to Facebook’s official blog, the company is currently in the early stages of building the Metaverse. It can take 10 to 15 years for the Metaverse to be fully developed, because the Metaverse cannot be built by a single company. This is a big web of different technologies on which many companies are working together.
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