“Metaverse” was one of the buzzwords of the year 2021. After its announcement by the hand of mark zuckerbergmost technology companies raised their own strategy around this new paradigm.
What is the metaverse?
The metaverse would be immersive replica of the real world in which you could interact with other people, objects and spaces. In this virtual site you can enjoy entertainment, get a job, buy products, play games, socialize, among other things.
According to Pragati Rithekar Y Ritesh Menonexperts from Global, a digital native company focused on reinventing business, explain that there are fundamental ideas that have had a huge influence on the technology community. These are:
· 19th century – Jules Verne – Imagined everything from newsreels to video conferences
· 20th century – Neal Stephenson and William Gibson – Described a shared virtual space where humans can explore a virtual reality through avatars. It was Stephenson who first used the term “metaverse” in his influential book Snow Crash.
· 21st Century – Ernest Cline – He showed us an updated version of the metaverse in his popular novel “Ready Player One”.
And no, experts explain that the metaverse it’s not web 3.0this refers to the next phase of the Internet, whose vision is that users are the ones who control much of the web through blockchain technology, instead of it being directed by companies.
Important concepts to know in the metaverse:
1. NFT stands for “non-fungible token” or non-fungible token. In essence, it is something unique that cannot be exchanged for something else. Diamonds, for example, are non-fungible. Each diamond has a different color, size and quality from the rest, as well as unique scratches and markings. Therefore, it is not interchangeable with another. In the metaverse, virtual lots are a type of NFT. Other examples could be figures or assets in a game, or even digital art.
two. the blockchain it is a shared, immutable ledger that makes it easy to record transactions and track assets across a business network. It increases the trust, security, transparency and traceability of the data that is shared through commercial networks.
3. smart contracts they are agreements that are self-executing and are written in code on the blockchain. They use built-in conditional logic (“if this happens, then that happens”) to execute an agreement once its terms have been met. Since those terms are written in code, smart contracts remove the need to know or trust the other party to the transaction. Being autonomous and self-executing agreements, they can be created without having to resort to lawyers, notaries or other agents. When you buy an NFT, you do so through a smart contract.
Four. ethereum is an open source decentralized blockchain that incorporates the functionality of smart contracts. While smart contracts can occur on various blockchains, Ethereum was purpose-built and hosts the vast majority of NFTs. (YO)
Source: Eluniverso
Paul is a talented author and journalist with a passion for entertainment and general news. He currently works as a writer at the 247 News Agency, where he has established herself as a respected voice in the industry.
