What necessary technologies are required for the development of the Metaverse?

Metaverse Development Company is a platform for carrying virtual activities with credible asset value and identity authentication, which realizes the replication of the underlying logic of the real world. Its essence is a platform that carries all virtual activities. Users can engage in social activities, entertainment, creation, display, education, transactions and other activities, which will have a subtle impact and change on users’ production and lifestyle. Metaverse is a 3D online digital world concept that contains virtual lands and items. Working from home without leaving home, telemedicine, and participating in concerts with immersive experience are all the most basic.

At present, this concept is still developing. The current mainstream projects are video games and social platforms, but it will be a matter of time to break these two boundaries and develop different projects. Telecommuting, decentralized governance, and digital identity are just some of the potential capabilities supported by the Metaverse. The Metaverse can also be connected to hardware devices or glasses to transform into a multidimensional space, and we can also verify more possibilities.

The Metaverse Development Services has been booming since last year, and it has been a hot spot in the market for a long time. Beginning in October last year, Facebook changed its name to Meta. At that time, the Metaverse sector was completely detonated. Tech giants all believe that the development of metaverse content, software, augmented reality and wearable devices in the future will be as convenient and easy to use as using smartphones today.

But the Metaverse cannot rely solely on concepts. In order to make the experience of the Metaverse more realistic and smooth, many technology companies are using the most advanced technologies to create this virtual world, including: blockchain, augmented reality, virtual reality, 3D reconstruction, technologies such as artificial intelligence and the Internet of Things. These are also necessary technologies for the development of the metaverse. In other words, if the metaverse is to enter thousands of households, it also depends on the development of these underlying technologies.

As an emerging public chain, Ouyi OEC focuses on fields such as GameFi, Metaverse and NFT.

1. Blockchain and cryptocurrency

Blockchain technology provides transparent and open decentralized solutions for digital proof of ownership, digital collectibles, value transfer, governance, operability, and interoperability. When users work or socialize in the 3D digital world, they can use cryptocurrency to transfer value.

For example, in Decentraland, cryptocurrencies can be used to buy virtual land. Players can use the game cryptocurrency MANA to purchase non-fungible token (NFT) plots of 16x16 meters in size. With the blessing of blockchain technology, the ownership of these virtual lands can be established and secured.

Cryptocurrency promises to be an incentive in the future for people to actually do work in the Metaverse Development solution. When more and more companies turn their office environments online and carry out remote work, some job opportunities related to the Metaverse may emerge.

With the vigorous development of the blockchain industry and the continuous advancement of technology, a large number of high-performance public chains including OEC and Solana have emerged in the market, providing more choices and a better development environment. Let’s take OEC as an example: OEC is a high-performance transaction chain officially opened in August 21, aiming to create a decentralized and borderless value exchange ecosystem based on blockchain technology and open a new era of Metaverse.

2. Augmented Reality (AR) and Virtual Reality (VR)

Whether it is AR or VR, we can get an immersive 3D interactive experience. This is our starting point to the virtual world. But there are some differences between AR and VR.

Augmented reality, which uses digital visual elements and characters to transform the real world, is more common than virtual reality and can be used on almost any smartphone or digital device with a camera. Through augmented reality applications, users can view their surroundings with interactive digital visuals.

The way augmented reality and virtual reality work is an early prototype of the Metaverse. Virtual reality has created a digital world that incorporates virtual visual content. As the technology matures, virtual reality can be simulated through VR equipment, thereby enhancing the experience of using the Metaverse. Users will be able to interact with people from all over the globe and feel and hear each other. Considering the unabated popularity of the metaverse, we can foresee that in the near future, more and more metaverse companies will invest in the development of AR and VR equipment.

3. Artificial intelligence (AI)

In recent years, artificial intelligence (AI) has been widely used in our lives, involving business strategy planning, decision making, facial recognition, and fast computing. Recently, experts have begun to explore the possibility of using artificial intelligence to create an immersive metaverse.

AI can process massive amounts of data at lightning speed. Combined with machine learning technology, artificial intelligence algorithms learn from past iterations, refer to historical data, and finally output unique insights.

In the Metaverse Application Development Services, artificial intelligence can be applied to non-player characters (NPCs) in different scenarios. Non-player characters are part of the game environment and are present in almost every game, and their main function is to interact with the player. With the processing power of artificial intelligence, non-player characters can have realistic conversations with users or perform specific tasks in 3D space.

Another potential application of AI is the creation of virtual avatars of the Metaverse. The artificial intelligence engine analyzes 2D images or 3D scans to generate more realistic and accurate avatars. Artificial intelligence can also create rich facial expressions, hairstyles, clothing and features, making the created digital characters more lifelike and more dynamic.