AI Applications in the Web3 Ecosystem
Summary: The Web3 market’s value increased from $3.2 billion in 2021 to $27.5 billion in 2023, while the AI market grew from $142.32 billion in 2022 to $207.3 billion in 2023. AI empowers computers to learn from data and perform tasks that traditionally require human intelligence. AI and Web3 are reshaping technology and innovation by…
Firefighting and Airlines Come Together into Virtual Reality
The world’s biggest telecom industry trade show, MCQ (Mobile World Congress), is in place, and the stage is set with various concepts of how the future of technology would look like. During the show, SK Telecom, a South Korea-based company, revealed an air taxi with a mockup that was one of the most popular reveals…
Road to VR | How to Set Up your Room for VR
Road to VR | How to Set Up your Room for VR Summary Virtual reality (VR) is a technology that allows users to immerse themselves in a computer-generated 3D environment Room-scale VR is a type of virtual reality that allows users to move around in a physical space while being completely immersed in a virtual…
Smelling, touching take center stage in the Metaverse | CES 2023
The four-day Las Vegas tech conference, which closes on Sunday, had the metaverse as a major focus. The term “metaverse” is a buzzword for three-dimensional digital environments where individuals may interact, socialize, and engage in leisure. Numerous other businesses and businesspeople marketed sensory devices that let users smell in a virtual environment and immersive…
Samsung Is Investing More Than $35 Million Dollars In Metaverse Initiatives For The Latam Audience
As a crucial component of their marketing strategies, several businesses have begun to include their brands and goods in the Metaverse. One of the largest electronics corporations in the world, Samsung, has disclosed that it will spend more than $35 million on efforts aimed at Latam customers. Anita Caerols, head of marketing and corporate citizenship…
Meta voiced vehement defense of its metaverse investment, claiming it still ‘believes in the future’ and would not succumb to ‘short-term thinking’
The company’s chief technology officer Andrew Bosworth stated in a blog post on Monday titled “Why we still believe in the future” that Reality Labs, the division in charge of its virtual-reality efforts, which is crucial to its metaverse plans, will continue to receive 20% of its funding from Meta, formerly known as Facebook. The…
How Will Web 3.0 Impact Software Industry In The Future?
By now, you must be well-versed that Web 3.0 is the upcoming 3rd gen of Web, which facilitates apps and websites to process information via advanced technologies such as big data, machine learning, and decentralized ledger technology. Web 3.0 enables the vision to create more sophisticated, user-friendly, connected, and transparent applications and business solutions. Blockchain…
Top 5 Effective Use Cases Of Blockchain In Virtual Reality
Virtual reality (VR) is expected to have an economic impact of $15.6 billion by 2020. Virtual reality is one technology which has stepped aside from the world of technology and entered new realms. It is a cutting edge form of technology which has crossed the barriers and made its way into various industry verticals. Providing…
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