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Meta, Microsoft, Huawei: the metaverse, the new darling of the web giants

Posted on December 6, 2022

I dream of another world… – Have you tried the metaverse, this open virtual world, at the crossroads of everything and everyone, available through a computer or an augmented reality headset for example? No. Because it doesn’t exist. At least, not yet as determined by the original definition. In fact, it is customary to evoke the metaverse as a futuristic world, an open and free 3D social space. In fact, some find (sometimes with good reason) the metaverse to be ugly, others find it inaccessible, complex and punctuated with bugs (sometimes with good reason). However, according to a recent McKinsey report, the metaverse should be worth 5,000 billion dollars in 2030. This potential attracts large international companies that are moving to conquer the web 3, Today’s blockchain technology is coming together.

Because of this, this week, the announcement of Metaverse Standards Forum got the attention of your Meta-Hebdo. The standardization and regulatory bodies, geospatial software development companies, social network giants, Swedish furniture behemoth, all signed for this consortium. The goal? The normalization of the metaverse.

The various meetings that make up the Forum are structured around the issues proposed by the founding companies. Khronos Group, a giant in 3D development and augmented reality, is their leader. The forum refers to to make the connection between Web 2 and Web 3 standardization companies and companies seeking to develop them. our these are called SDO standardization organizationswe see, among others:

  • World Wide Web Consortium (international standardization body);
  • L’Open the Geospatial Consortium (geospatial standards body);
  • Open the AR Cloud (development of augmented reality);
  • Spatial Web Foundation (development of space web standards);
  • Software Foundation (blockchain company working on algorithms);
  • Avatar (metaverse payment method standardization company)
  • cesium (geospatial 3D platform in conjunction with the US Department of Defense)

On the business side, the presence of others also caught our attention.

So it’s generally more than 30 companies and organizations who interact and work together in the same direction around this free activity.

The Metaverse Standards Forum wants to create an interoperable metaverse

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The evidence is there immediately. The idea of ​​a social network, a truly open space, offers dizzying development possibilities for all these companies. Video games, multiplayer platforms, connected networks, all see a certain commercial interest in it.

As a result, many of the companies out there have already begun their conquest of the metaverse. Meta tries his hand at exercising his Horizon World. Microsoft is also developing a industrial metaverse, real working tool to improve the productivity of an industry. The Forum’s initiative is a necessity for Meta’s vice-president, Vishal Shah:

“Building a metaverse for everyone requires an industry-wide focus on common standards. the Metaverse Standards Forum can lead the collaboration needed to make this possible, and Meta is committed to this task. Creators, developers, and businesses can all benefit from technologies and experiences made possible through common protocols.

The president of Khronos Group, Neil Trevett, also developed this need to establish realistic and accessible standards for companies:

“The Metaverse Standards Forum a unique area of ​​coordination between standards organizations and industry (…) that will be essential in an open and inclusive metaverse. »

What lines of work?

Ways of working and researching to create a homogenous metaverse need to be explored. There are several themes:

  • Promote workspaces and meetings for web 3 players;
  • Make room for coordination of requirements ;
  • Coordinate the resources needed to establish future standards ;
  • Allow a compatibility with different metaverses ;
  • Working on interoperability in the metaverse in the real world.

In terms of technology, it can be a question of working on the development of standardization and interoperability tools during hackathons and other meetings for developers. There are several job areas:

  • Development and fluidity work in 3D graphics;
  • Researching the idea of ​​owning avatars ;
  • Privacy Security ;
  • Research on geospatial systems and their links to reality;
  • Development ofnetwork interoperability ;
  • Work with positioning services (VPS);
  • Advances in augmented reality (XR);
  • Mass user experience testing;
  • Development and research on financial transactions.

What future for decentralization?

Marc Petit, responsible executive of Epic Games even sees the possibility of developing a healthy ecosystem, using web3 technologies such as blockchain.

“Our goal is to create an open metaverse that enriches humanity and places a prosperous and fair ecosystem with millions of creators. »

The international regulatory body Global Consortium (W3C) emphasizes the importance of institutionalizing these standards for an immersive web. It insists on coordination and building an interoperable platform.

This is probably where the shoe pinches. The idea of ​​a centralized platform raises some problems of freedom and anonymity that slow down the ideas of decentralization developed in web 3 and developed in some platforms such as Decentraland.

the Metaverse Forum Rules thus proposing to lay the foundations of an embryonic metaverse whose accessibility seems, despite the goodwill of all, to have been compromised, as evidenced by the loss of Apple. The equation also hides some unknowns. Indeed, although blockchain technology may seem obvious to some, and a solution already in place for others such as sony, the discussion of payments in the metaverse raises questions about the fate reserved for cryptocurrencies or even anonymity. Case to follow in your Meta-Hebdo.

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