Megaverse Recruitment: Your Partner in Emerging Tech Talent Acquisition

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Metaverse has been a buzzword on the internet for quite a while now. Many people are claiming that it is the next version of the internet. Major tech conglomerates have invested billions of dollars in the development of metaverse. You might not completely comprehend what metaverse exactly is and how does it work. In this article, I will comprehensively explain everything without any technical jargon.

Origin of Metaverse:

The concept of metaverse is not new. The term was initially coined by Neal Stephenson in his novel Snow Crash. The novel predicted a future in which humans use digital avatars of themselves to spend time in the virtual world as an escape from reality. It’s quite eerie that the author was able to predict metaverse 30 years ago.

What is Metaverse?

Metaverse is the concept of a 3D virtual universe. It’s a common misconception that the metaverse will be one big virtual universe, but it will be a collection of numerous virtual worlds. Metaverse is still in its initial stages and it will take a lot of time to actually become a reality.

How does Metaverse work?

Metaverse is a virtual world which utilizes various technologies, but the most crucial technologies are Virtual Reality (VR), Augmented Reality (AR) and Blockchain . All these technologies have to work in perfect synchrony with each other to form a complex three dimensional virtual universe.

Augmented Reality (AR):

AR technology uses the real world to display virtual information to enhance the experience. Virtual information can be virtual items like sneakers, furniture or even art. It may even include entire virtual worlds. Basically, AR technology augments our reality by displaying virtual items in our real world.

Virtual Reality (VR):

VR is a technology that is used to create simulated environments. Virtual reality spaces place the user inside three dimensional immersive experience. I will explain this with an analogy. Whenever we play our favourite games, we only interact with the game by using a PC or a mobile phone. Now imagine that you can actually go inside the game. This is exactly what VR technology allows us to do. We can access VR by using VR headsets or VR glasses.

Blockchain:

Blockchain is another technology which will power the metaverse. It is actually the most important technology for the metaverse. A blockchain is a public and distributed ledger. Blockchain is an immutable ledger which means that no one(even governments) cannot manipulate data once it is deployed.

Why do we need blockchain?

Blockchain is decentralized, which means that not one company or an individual can control it. Instead, blocks on the blockchain are verified by thousands of nodes across the globe. We are going to spend a lot of our time in the Metaverse in the future, so it’s really important that we make it as decentralized as we possibly can.

Cryptocurrencies and NFTs also have major significance for the metaverse. NFTs will allow people to prove and verify ownership of virtual items and virtual land and cryptocurrencies will expedite payments in the metaverse. Smart contracts are also essential because they will allow people to make contracts in a permission-less and trustless manner without a third party (financial institutions or governments).

Conclusion:

Metaverse is a great concept. Major tech conglomerates have already invested billions of dollars in its development. Metaverse is developing rapidly. It utilizes technologies like AR, VR and blockchain.