{"title":"Analysis of the Future Prospects for the Metaverse","authors":"Jie Huang, Pingjin Sun, Weijie Zhang","doi":"10.2991/aebmr.k.220307.312","DOIUrl":null,"url":null,"abstract":"With the rapid development of digital technology, all areas of society may accelerate their entry into the virtual world, thus blurring the boundary between the physical and digital worlds and promoting a Metaverse. The Metaverse will become an important public infrastructure. This paper first introduces the concept of Metaverse, including the origin and development of Metaverse, the concept of Metaverse, and the key features of Metaverse. Then, the construction of Metaverse is analyzed from various aspects such as technical support, current progress as well as feasibility, and limitations. Finally, it is concluded that Metaverse is a new windfall for the future development of the Internet, and further development of Metaverse needs to be realized from multiple perspectives, such as industrial investment, regulation, industry integration, and technological breakthroughs. The Metaverse is a virtual world that incorporates all aspects of digital technology, including video conferencing, games such as Minecraft or Roblox, cryptocurrency, email, virtual reality, social media, and live streaming. In the past, the Metaverse was stuck in the concept stage. With the digital age and the constant development of Internet giants, the distance between virtual concepts and reality is shrinking.","PeriodicalId":333050,"journal":{"name":"Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)","volume":"46 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"12","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2991/aebmr.k.220307.312","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 12
Abstract
With the rapid development of digital technology, all areas of society may accelerate their entry into the virtual world, thus blurring the boundary between the physical and digital worlds and promoting a Metaverse. The Metaverse will become an important public infrastructure. This paper first introduces the concept of Metaverse, including the origin and development of Metaverse, the concept of Metaverse, and the key features of Metaverse. Then, the construction of Metaverse is analyzed from various aspects such as technical support, current progress as well as feasibility, and limitations. Finally, it is concluded that Metaverse is a new windfall for the future development of the Internet, and further development of Metaverse needs to be realized from multiple perspectives, such as industrial investment, regulation, industry integration, and technological breakthroughs. The Metaverse is a virtual world that incorporates all aspects of digital technology, including video conferencing, games such as Minecraft or Roblox, cryptocurrency, email, virtual reality, social media, and live streaming. In the past, the Metaverse was stuck in the concept stage. With the digital age and the constant development of Internet giants, the distance between virtual concepts and reality is shrinking.