METAVERSE: TECHNOLOGY OF THE FUTURE

Abstract

Since the birth of the internet, its fast development and the introduction of a new technological era with Metaverse recently, transferred many things done by the individuals, to digital world from the real one. All necessities of humans, in this digital world, as shopping to education are done in a 3D virtual setting where payments are done with crypto money instead of real money. Even the artwork is now available to buyers in the digital environment. With Metaverse, new professions have emerged and various money-making means shifted the economy to different dimensions. Metaverse brings conveniences to human lives but there are also some difficulties appearing on the way presented as disadvantages and uncertainties. As a new thing for human life, its positive sides catch more attention. Through the augmented reality and virtual reality technologies, real-life objects can be carried into virtual environments where its users experience a real life feeling. In this study, the historical development of the internet and its current version are discussed. The history of the Internet, which started with Web 1.0 with a non-interactive and static structure, continued with Web 2.0 with an interactive and dynamic structure, has developed to the present day as Web 3.0 which can be interpreted by computers and machines. Moreover, in this study, the positive and negative effects of Metaverse that may have on human lives and games in the future is discussed and specified. In addition, financially important Blockchain technology that is widely used nowadays is also analyzed.