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Metaverse and Blockchain:

Value Propositions and


Challenges
History of Metaverse and Its Supporting Technology
The creator economy
skyrocketed during
the COVID-19
pandemic.
With platforms like TikTok,
YouTube, Instagram, etc.
COVID-19 pandemic has significantly fostered the augmented and virtual reality
market growth rate owing to the increased shift toward the adoption of virtual and
augmented reality technologies

Insert visual: education AR -


CAKAP
In the current COVID-19 scenario, we see VR being extremely useful in providing
remote one-to-one scalable training and education. It is obviously extremely useful
where group training or lectures are no longer viable options.
In 2021, the Asia Pacific AR/VR market for
headsets Grew by 60 per cent, with
shipments reaching 2.19 million units,
according to the IDC.
Headsets get smaller, more mobile, and
more powerful

5G opens new possibilities for AR and VR

Educational experience continue to


become increasingly common

Improved AR smart glasses and phones


VR continues to break records as Meta's Quest 2
headset leads the pack, now eclipsing the 14.8
million units sold mark in 2022 according to new
data provided by the IDC
Asia Pacific Top Industry by AR VR Spending ($ Billion)

Source: IDC Worldwide Augmented and Virtual Reality Spending Guide, May 2022
Mixed Reality is a

Blending of the physical and digital worlds in which users may interact with 3D
digital objects while maintaining presence in the physical world

AUGMENTED REALITY VIRTUAL REALITY

Mixed Reality + AI = Metaverse


At WIR, we believe the consumer experience in
Web3 is represented by the metaverse.
The youngest
generation
of Asian consumers
is becoming a force.
By 2025, Generation Z will make up a quarter of the Asia–Pacific
(APAC) region’s population, constituting the same share of millennials
population.

The rise of Gen Z is predictably to have a dramatic impact in Asia as


one of the most key consumer segments of our near future, reshaping
the future landscape with their growing spending power and voices.
Gen Z are leading the shift to OTT
23% of 16- to 34-year-olds in SEA are
heavy users

More than 116 million Southeast Asian


viewers embrace ad-funded content
69% of female Gen Zers watch
adsupported platforms

The Trade Desk Future of TV Survey 2021 (Number of people using at least 1 OTT platform in P3M) Base:
SEA (n = 3407), SG (n=400), ID (n=603), TH (n=602), PH (n=601), VT (n=600), MY (n=601)
How do you feel about the metaverse?
Metaverse in Indonesia - Strong Indicators

2/3 of Indonesian Gen Z Adults


Are Interested in the Metaverse It is a major forward
in human social
It makes social
opportunities
interaction. more efficient
The survey found that 69% among the respondents are
agreeable about their interest in the metaverse. This number is I believe, i will I believe, i will
spend more money
18% higher than the survey result conducted in the US. spend more time
in the metaverse in the metaverse

Respondents were asked how agree they are about certain feeling in
v

metaverse

Interest 60.75% 8.60%

Excited 31.18% 8.60%

Hopeful 29.03% 8.60%


People think that metaverse is a major forward in human
Agree Strongly agree interaction, there is so much untouched opportunity in
this sector

SOURCE: User survey conducted by PT AMI;Desk Research Compiled by PT AMI.


The Future of Content — Immersive and Interactive
The clever use of technologies like AR and VR opens the scope for creating immersive and
interactive content while allowing creators to branch out their businesses into whole
dimensions.
Although widespread adoption of the metaverse may take some time, leading
brands are already rewriting the rules of marketing.
Musicians can host fully immersive virtual concerts on the metaverse that can bring audiences
from across the globe without geographical limitations.

More than 12m players watch Travis Scott


concert in Fortnite
Blockchain
in Metaverse
“METAVERSE COULD
EXIST
WITHOUT BLOCKCHAIN!”
Jeremy Bailenson
Founder of Stanford’s Virtual Human Interaction Lab, Stanford University
Blockchain vs Non-Blockchain
Based Metaverse
So why on earth do we
need to incorporate
blockchain into the
metaverse ?
Proposition 1 : Ownership & Consent
Aspect

Gambar yg terkait
What you upload will kepemilikan
truly be yours;
Your data is in your
control
Proposition 2 : Security & Trust Aspect

Gambar yg terkait keamanan/IT


Security
It is almost impossible
to hack / tamper blockchain
Proposition 3 : Extra Mile for Digital Economy

Efficiency and the emergence


of new economic model and
distribution

Gambar yg terkait ekonomi digital


Proposition 4 : Seamless Interoperability

Cross utilization, towards


a truly “next iteration of
internet”
Blockchain Technical Challenge : Scalability Trilemma
B

n
Accessibility, availability and Non Functional requirements related to

tio

Sc
transparency for all participants; the ledger’s carrying capacity,

ala
iza
consistent state of ledger across all throughput, and latency of processing

bil
tra
nodes; censorship resistant transactions

ity
enc
De

A C
Security

Ability to maintain ledger integrity


against malicious attacks through
inbuilt control mechanisms
Thank you

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