NeXR Technologies SE has joined the Metaverse Standards Forum, a consortium of over 30 IT companies, groups, and entities working to create an interoperable Metaverse.
By joining the 35-person group, the Berlin, Germany-based company intends to share its expertise in open interoperability standards, avatar development, motion capturing (mocap), and virtual reality technologies with colleagues for creating the Metaverse.
The business boasts a selection of XR cloud-based solutions, including its Avatar
Cloud computing platforms, where the latter uses Epic Games’ Unreal Engine to host avatars and metaverse solutions for virtual events while the former uses body tracking techniques for virtual changing rooms. The Metaverse is commonly regarded as the successor to mobile internet, and the Forum wants to create open Metaverse standards and unite the sector.
The MSF was established in June to promote collaboration within the extended reality (XR) sector to develop interoperability standards. Members include important businesses including Adobe, Epic Games, the Web3D Consortium, the XR Association, Meta Platforms and many others.
The group of standard developing organizations (SDOs) seeks to encourage the widespread adoption of innovative Metaverse standards while minimizing the need for repeated development work.
Such industry standards, according to Markus Peuler, Managing Director of NeXR Technologies SE, are “a critical catalyst” for bringing forward fresh technological advancements.
He stated, “Especially from the user standpoint, the development of industry standards is a critical stimulant for the breakthrough of new technologies. Technological barriers must be removed in order to minimize costs and enable mass market penetration. Additionally, the increased functionality of programs as a result encourages users to engage themselves in the metaverse.”
The Khronos Group had previously announced that it would hold the Forum to realize the potential of creating industry-wide standards in an effort to overcome barriers in the future of an open-source Metaverse.
According to Neil Trevett, president of Khronos, the association will join the group’s members in July to assure the acquisition of “a constellation of interoperability standards.”