Webinar

Digital Asset Series 2022: Metaverse - The potential for the financial world

What happens next with the Metaverse?

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The concept of the metaverse is not new, with the term first being coined in the 1992 novel Snow Crash. Further, while pilots have used a form of virtual reality (VR) as part of their training for decades, many 90s gamers would be familiar with games such as Second Life and Sims that involved a the metaverse.

With advances in VR technology, such as the greater development of the Oculus Rift and Meta’s Meta Quest, the possibility of a functioning metaverse has become increasingly real. We have seen the introduction of mixed reality functions, initially through recently released games such as Pokemon Go, but more practically through Ikea’s use of this technology for furniture placement.

In 2021, Forrester Research found that only 17% of those surveyed in the UK would like to spend time in the metaverse, and 36% reporting they have no need for the metaverse in their life.

The Covid-19 pandemic has arguably pushed the idea of the metaverse further along, but questions remain over what it actually is, what it’s for, what benefits it might offer, and if this is a development we even need.

 

Speakers

  • Níamh Curran

    Níamh Curran

    Reporter, Finextra [Moderator]

  • Dr. Jochem Hummel

    Dr. Jochem Hummel

    Assistant Professor of Digital Innovation & Collaboration, Warwick Business School

  • Rohit Talwar

    Rohit Talwar

    CEO, Fast Future

  • Ben Hall

    Ben Hall

    Product Manager - Digital Assets, Solaris

  • Tom Ffiske

    Tom Ffiske

    Editor, Immersive Wire

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