BOTS, Inc. , a global technology conglomerate specialized in Blockchain-based solutions including decentralized finance applications, cybersecurity, crypto generation, mining equipment repair, and warranties, announces the development of Metaverse technologies adding new products and applications to its portfolio with an initial focus on cybersecurity and V.R. e-commerce applications.
According to a report by Emergen Research, the global Metaverse market size was at USD 47.69 Billion in 2020. Moreover by 2028 is forecast to register a revenue CAGR of 43.3%.
Several companies have announced plans to develop platforms and software for Metaverse platforms.
The South Korean government launched its own “Metaverse Alliance” in May, which now includes over 200 institutions across the country. In August, Nvidia unveiled its “Omniverse” project. Additionally providing the graphics processor and system-on-a-chip manufacturer’s own take on the technologies required for an open and expandable virtual reality platform.
During Connect 2021, Facebook CEO Mark Zuckerberg unveiled Meta, a new company brand that unifies Facebook’s apps and technologies. Meta’s primary goal will be to bring the Metaverse to life by assisting people in connecting, forming communities. In addition expanding their enterprises.
“The Metaverse would resemble a mix of today’s online social experiences. Stretched into three dimensions or projected into the real world at times. It will allow you to enjoy immersive experiences with others even when you are unable to be physically present with them. And to do things together that you would not be able to do in the actual world.
It’s the next step in a long line of social technology. In addition it marks the start of a new era for our business “In a founder’s letter, Zuckerberg went on to elaborate on this idea.
MICROSOFT recently announced that it is joining the Metaverse revolution
MICROSOFT has declared that it will join the Metaverse revolution by introducing the Metaverse into the workplace. Moreover users of the company’s collaboration software will be able to appear in video meetings as avatars. Or animated cartoons starting in the first half of next year, according to the company.
Microsoft’s strategy is based on Mesh. The underlying technology it introduced earlier this year to manage significantly more complicated virtual interactions on a variety of platforms. Including PCs and virtual reality headsets.
After months of people working from home and adjusting to hybrid work. Microsoft is building on efforts like Together Mode and other experiments to make meetings more interactive.
Shopify, the e-commerce platform, has recently acquired Primer
Shopify recently acquired Primer, an augmented reality app that lets users visualize the results of home repairs before they start working.
Augmented reality can transform brands. In 2020, Shopify released data showing that interacting with Artificial Reality content while shopping resulted in 94% greater conversion rates than shopping without A.R.
Shopify noted that it is expanding its services to match evolving consumer demands and behaviors.
BOTS’ new technology has been branded as MetaBOTS™
MetaBOTSTM is the brand name for BOTS’ latest technology, which will be ready in 2022. In addition the company will provide Metaverse-related software development services to both public and private customers, including software, hardware design, and manufacturing.
“We believe the Metaverse revolution enables it through a wide range of technologies that enable numerous VR/AR devices and software to connect and create these unique shared experiences, including virtual travel and e-commerce experiences,” said BOTS, Inc. CEO Oleksandr Gordieiev.