Welcome to the metaverse
Metaverse is a broad term, and it’s tricky to offer a precise definition. Although many science fiction books and films are set in fully-fledged parallel universes, and games such as Roblox and Fortnite were early adopters of the concept, currently the term refers to the development of shared virtual-world environments which people can access via the internet. There is also a specific type of metaverse which uses blockchain technology – Caduceus being a case in point – and it’s here that users can buy virtual land and other digital assets using cryptocurrency.
These digital metaverse spaces are made lifelike by the use of virtual reality (VR) or augmented reality (AR) and combine aspects of social media, online gaming and cryptocurrency to allow users to interact in a multi-dimensional way. You could think of the metaverse as an immersive digital utopia in which users experience digital content as opposed to simply viewing it. That’s right now. One thing we can be certain of is that the space will continue to evolve at warp speed, and our definition of it will need to evolve too. The Covid-19 pandemic is one factor that has massively accelerated public interest in the metaverse, and as more of us have started working remotely there’s an increased necessity and demand for new ways to make online interaction more lifelike.
Realising the metaverse
As the metaverse develops, the physical and virtual worlds are likely to overlap more and more. The construction of the digital world is dependent on the real world as much as it is on technology, and the convergence between say, avatar and human, physical object and hologram, is where it gets interesting.
As an open blockchain platform that provides services for Metaverse and digital twins, metaverse public chain Caduceus Metaverse Protocol defines a new underlying solution for this digital future. Just as AR and VR are key to the realisation of the metaverse, so are digital identity and digital assets, high network transmission and edge computing.
The metaverse is limited only by our imaginations – and practical considerations such as the ability to build digital assets and SaaS applications at low cost, and real-time rendering with the support of underlying computing power, which will cause demand for GPU, CPU and AI chips to skyrocket.
It’s here that Caduceus presents a solution. After two years in development, the blockchain technology required for digital right confirmation, such as digital identity management, attestation, traceability, anti-tampering, digital assets etc, is available in the Caduceus public chain, giving Caduceus the potential to become the core infrastructure that underpins the Metaverse. Caduceus Creation Platform, meanwhile, is a virtual reality creation tool which enables users to achieve asynchronous communication and collaboration across different spaces, and utilise cloud rendering and XR expansion.
Caduceus also adopts MetaverseGraph structure, which has unlimited expansion and large-scale parallel processing capabilities that go far beyond the data structure of ordinary blockchain lists. Cooperating with BigBang’s full hardware programmable acceleration blockchain consensus system, StarRing’s transaction parallel execution engine, and Nebula’s unlimited expansion of the block database, Caduceus can withstand task processing capacity requirements in a highly concurrent and complex environment.
Into the future
As the metaverse develops, the emphasis will be on the creator – your world, your rules. But also on the interactions between creators, users and developers, and on the cross-pollination of ideas. While technologies such as VR and AR will combine to help deepen our sense of presence while we’re inhabiting this digital space, the challenge for all of us lies in using our technological advancements to improve real human experience, not to replace it.
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