The Future of the Metaverse: Five Technologies to Look Forward To

If you're going to augment experiences, what are all the technologies that you're going to look at? 

There's going to be a human sensation; for instance, there's going to be temperature, color, and so many things that are going to happen in connection to documenting effectively the experience of being alive!

The world of today, i.e., the post-pandemic world, is rapidly evolving, and technology plays a vital role in shaping it. For the next two decades, the metaverse will be (and already is) the most significant trend in the technological landscape.

These five technologies are linked in some way to creating this interactive and immersive virtual platform, and this is how we will use them in the future.

1. Headsets for Virtual Reality

In the future, virtual reality devices will be an integral part of communication. The metaverse will be accessed and interacted with using virtual reality headsets. Virtual reality headsets will be used in all our activities, whether we want to work or play. Companies will need to create a presence in 3D virtual space, just as they did two decades ago when they created a website to have a presence on the internet.

By the end of this decade, virtual reality is likely to supplant gaming consoles. It means that online gaming and traditional business will collide, with conventional businesses collaborating with game developers to create engaging virtual reality experiences.

There are, however, a few difficult challenges that product creators must overcome. For example, increasing the resolution of VR devices and designing VR headsets with a 120hz refresh rate to help prevent motion sickness, which many VR users currently experience, are both critical. VR headsets must be used with other body sensors to create a better illusion of reality. Meta is already developing a haptic glove that will work combined with a headset to provide a more immersive experience.

2. Augmented Reality Glasses

Augmented reality, like virtual reality, will inevitably become a part of our daily lives. However, AR will be built into the glasses we wear rather than full headsets. The Google Glass concept, which was first introduced a decade ago, might make a comeback, and this time it will stay. This new reality will be augmented, enhancing our daily interactions with real-world objects. When we go to a physical store, for example, we will interact with a hologram of the salesperson rather than a real salesperson. Sounds Interesting?

AR will most likely be used to scan real-world environments in real-time. AR users will naturally transfer environments such as city districts to virtual space. Even before they are built, augmented reality will be used to explore new architectural objects. Imagine being able to design a new building and then using augmented reality glasses to navigate the space before it is built to identify potential issues.

Virtual reality headsets and augmented reality glasses will alter how we interact with technology. In AR and VR devices, voice-based interactions will be a natural part of the experience. With so many options available on AR devices, users will find it easier to say "Do (action)" rather than search through the navigation menu.

3. Non-Fungible Tokens (NFTs) and Decentralized Finances (DeFi) 

The digital economy of the metaverse will be built on decentralized finances. Coins (digital currency) will blend seamlessly into the virtual world. Users can sell and buy things with digital currencies as long as they stay in a virtual environment. It's unlikely that we'll have just one metaverse- instead, we'll have multiple metaverses built by different businesses- making it difficult for a universal currency that works across all metaverses. 

The majority of people today associate NFT with collecting and selling digital items. But there's a lot more to this technology than that. NFT will be used as a marker of ownership for any digital asset in the metaverse in the future — it will be used for everything from a digital land property to a virtual suit that your avatar wears.

4. Digital Identity 

The metaverse, according to many, will be a place where anything is possible. That is not the case. A virtual world should have a set of foundational policies that people must follow, just as a real-world has some rules and policies that people must follow. And digital identity will aid in the enforcement of those policies.

Digital identity will function in the same way as physical identity. It will be linked to your digital avatar, a virtual representation of the user. When users join the metaverse, their avatar creates a digital identity that allows them to access various services. Creating digital identities will almost certainly necessitate collecting and analysing biometric information. Users will almost certainly be subjected to facial scans and recognition.

It's unclear whether the metaverse's creators will check digital identities themselves or ask service providers to do so. To protect the privacy of personal data, metaverse creators will need to address the General Data Protection Regulation (GDPR). Given the amount of data that companies can collect about their users in the metaverse, this can be a significant challenge for service providers.

5. Wearable Devices with Advanced Health Monitoring Sensors

The pandemic demonstrated that our most valuable asset is our health. Technology will be used to promote a healthier lifestyle. Wearable devices of the future will allow for more precise health monitoring. Not only will the list of what devices can monitor grow, but the way devices track our health will also change. Wearable devices will track your health by detecting gaseous emissions from your skin. They'll look for biomarkers linked to metabolic diseases like heart disease and diabetes. Such sensors will almost certainly be integrated into all the devices we use daily, including smartwatches, AR glasses, and VR headsets.

Interested to know more? Follow along as I reveal the future of data technology, energy, education, access, identity, and value.