Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

Analysis of the Future Prospects for the Metaverse

Authors
Jie Huang1, , Pingjin Sun2, *, , Weijie Zhang3,
1Department of Accounting, Zhongnan University of Economics and Law, Wuhan 120037, China
2Department of Shipping Economics and Management, Dalian Maritime University, Dalian 116026, China
3Shanghai Adcote International School, Shanghai 201602, China

These authors contributed equally.

*Corresponding author. Email: sunpingjin@dlmu.edu.cn
Corresponding Author
Pingjin Sun
Available Online 26 March 2022.
DOI
https://doi.org/10.2991/aebmr.k.220307.312How to use a DOI?
Keywords
Metaverse; AR/VR Prospect; Digital Times
Abstract

With the rapid development of digital technology, all areas of society may accelerate their entry into the virtual world, thus blurring the boundary between the physical and digital worlds and promoting a Metaverse. The Metaverse will become an important public infrastructure. This paper first introduces the concept of Metaverse, including the origin and development of Metaverse, the concept of Metaverse, and the key features of Metaverse. Then, the construction of Metaverse is analyzed from various aspects such as technical support, current progress as well as feasibility, and limitations. Finally, it is concluded that Metaverse is a new windfall for the future development of the Internet, and further development of Metaverse needs to be realized from multiple perspectives, such as industrial investment, regulation, industry integration, and technological breakthroughs. The Metaverse is a virtual world that incorporates all aspects of digital technology, including video conferencing, games such as Minecraft or Roblox, cryptocurrency, email, virtual reality, social media, and live streaming. In the past, the Metaverse was stuck in the concept stage. With the digital age and the constant development of Internet giants, the distance between virtual concepts and reality is shrinking.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 March 2022
ISBN
978-94-6239-554-1
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.220307.312How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Jie Huang
AU  - Pingjin Sun
AU  - Weijie Zhang
PY  - 2022
DA  - 2022/03/26
TI  - Analysis of the Future Prospects for the Metaverse
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 1899
EP  - 1904
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.312
DO  - https://doi.org/10.2991/aebmr.k.220307.312
ID  - Huang2022
ER  -