Author: veative

Virtual reality technology has been a boon to industries in many ways. People expect that the entrance of this technology will shape the future. Earlier, in the 1970 and 80s, the headsets and tech gadgets used in VR simply did not do justice. Then came the era of gaming and entertainment, which lit the hope of existence and utilizing VR/AR in other sectors. Then later, during the pandemic, the scenario completely changed. Virtual reality stood out everywhere, from healthcare to education, law, tourism, and travel. So, now this innovation is being used to hype up many business factors, consumer experiences,…

The term “metaverse” was coined by sci-fi author Neal Stephenson in the 1992 novel Snow Crash. It is about a virtual reality space where people can interact with each other and digital objects. In addition, the concept has recently been popularized in games like Second Life and platforms such as Roblox. But the metaverse has a far-reaching impact and implications beyond gaming and entertainment. It has conquered many other industries, such as education, oil and gas, pharma, law, and real estate. In this article, we will explore the impact of the metaverse in different industries and sectors.  The development of…