World Economic Forum Archives ~ My Mobile India

Highlights Metaverse Strategy Museum of Future Innovative Technology Does a Multiverse exist in parallel in a different dimension? What is Metaverse? What does the Museum of the Future Reveal? In Brief People often wonder if there is an alternate universe in existence in another dimension because even scientists are often baffled at the thought of such a universe in a different time zone. Even the best scientists have yet to fully discover all the secrets of the universe that houses all the planets, stars, and constellations, so it won’t be prudent for them to know much about a parallel universe that no one knows about. Nowadays, people are interested in learning about the Metaverse, which is a new concept where the virtual world of internet is facilitated via Virtual Reality (VR) and Augmented Reality (AR) headsets due to which the wearer is transported into that world despite being his existence being firmly entrenched in the real world. Speaking of metaverse, the latest buzz doing the rounds is that Dubai’s Museum of the Future just recently kicked off the first ever Dubai Metaverse on September 28, 2022, the venue for which was Area 2071, Emirates Towers, Dubai. This project was envisioned by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, who is the Vice President cum Prime Minister cum Ruler of Dubai, in a bid to provide a platform for creativity, innovation, and technology to get a much needed boost within the country so as to bring positive changes in humanity. The global event’s motive is to help governments, companies, tech industry, and international organizations to explore numerous opportunities, capabilities, and many other facets of the metaverse. There are many international organizations that are into learning about the various Metaverse applications for which the Dubai Metaverse Assembly gave their contribution as it will provide motivation to the governments, and societies for the major transformations that is due to happen in the coming decades and have a huge impact in the lives of people. Around 300 specialists and experts were hosted at the event along with 40 other local and global organizations and tech companies, all of which participated in the numerous sessions and workshops where nearly 50 international speakers added their two cents to the project. The international organizations participating in the event were masters in their fields- World Economic Forum, MasterCard, Binance, META, Bedu, The Sandbox, Accenture, among many others, all of whom gave valuable inputs to make the Metaverse project successful. During the first day of the event, it was all about the economic size of the Metaverse and its future, along with numerous opportunities that could be availed in the virtual real estate, augmented/virtual reality and its impact on the real world, among many others, which was quite an illuminating conference for many of the attendants. Conclusion The event proved to be a success where discussions took place and opinions were exchanged but the ultimate aim of the event was to bring all the international organizations involved in the study of Metaverse to be on the same page and use its components for the benefit of mankind in general. Also Read: Metaverse- Alternate Reality in a Virtual World

World Economic Forum

Museum of the Future Starts Off First Dubai Metaverse; Details Inside

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