If the last century represented an era of mass production and the rise of the Internet, the 21st century may just be known for the creation and expansion of the virtual world or Metaverse, that promises to be more immersive, interactive, and collaborative than what the Internet has accomplished so far.
Yet, despite the lofty ambitions and promises made by many entrepreneurs dabbling in this space, it has become amply clear that Blockchain technology is emerging as the technology framework that will underpin the Metaverse and help create a sustainable ecosystem for all of its players. While it would not be too far-fetched to assume that the Metaverse will impact traditional jobs or activities that are pretty much standard fare today, its impact on society and how humans interact with each other will be profound.
When the COVID-19 pandemic raged across the world and grounded economies, it was the Internet and the resulting Work from Home (WFH) technology aids that helped companies stay afloat, and arguably, even expand rapidly. Various sectors like education have radically changed post-pandemic and have become more technology-intensive today.
The Metaverse will potentially alter these sectors even further by introducing virtual reality (VR) based wearables that will introduce its users to an alternate virtual world from the confines of their homes. People will be able to interact with each other without the need to undergo long commutes, breathe in polluted air or even dress up for different occasions. Children will be able to study various subjects and modules at their own pace and expand their horizons beyond what is currently possible with traditional syllabi.
