Affiliation:
1. Chitkara Business School, Chitkara University, India
Abstract
When artificial and actual reality intersect, an interconnected digital shared environment known as the “Metaverse” is generated. In other words, it's a virtual world where clients can converse in current times with one more and computer-generated landscape. The idea has become more well-known in conversations concerning the future development of the web and online experiences. The metaverse is an online setting that eliminates all physical barriers from the actual world so users can interact with stuff or one another in real time through their avatars. Numerous fields have seen its use, including gaming, art, retail, medical care, educational institutions, manufacturing, social services, and a lot more. This study examines the possibilities and difficulties connected with the metaverse for Industry 4.0. It examines the metaverse potential from various angles, including social, instructive, scientific, and financial. The primary difficulties in the metaverse were also covered in this study, including administration of resources, decentralization, collaboration, and data integrity and confidentiality.