Charles Hoskinson shared his thoughts on the meta-verse and the space web, a space where various technologies will converge, including cryptocurrencies, NFTs, virtual reality, augmented reality, IoT, and more.

The metaverse has ceased to be a science fiction dream to become the imminent future. After Facebook announced its rebrand, a handful of companies have started to target the construction of platforms that enable spaces where physical, virtual, and augmented reality could converge online in a development known as a metaverse.

The concept arrived from the literature of the 1990s and now belongs to the next technological trend of the 21st century. Some, like Mark Zuckerberg, seem to point out how the metaverse future will look like and anticipate that it could turn into a multi-billion dollar industry in the years to come.

During this global outreach discussion, Cardano founder Charles Hoskinson shared some of his thoughts on the metaverse and how the evolution of this new trend could benefit the digital currency industry. The mathematician and CEO of IOHK, the technology development company behind Cardano, opened up on the subject during the Thinking Crypto podcast.

Hoskinson’s Vision of the Metaverse

Hoskinson highlighted that he found the metaverse idea very interesting. He added that, in this regard, he has recently been reading the book ‘The Spatial Web’, which discusses how Web 3.0 will connect human beings, machines, and artificial intelligence to transform the world.

The developer described the stage as the semantic web, explaining that websites would have much more context due to complex data exchange. Our interfaces are changing us, Hoskinson said that anticipating that Apple will most likely release its virtual reality glasses by 2025 and that this will motivate Samsung to develop its version.

The Ethereum co-founder also noted that these advances in artificial intelligence, semantics, and user interfaces mean that Web 3.0 is not just a thin layer but also a vertical one, with the metaverse evolving on top of it. The mixed virtual reality with augmented reality revolution is coming while also bringing insight into his vision, in which both spaces will complement each other.

Once the cryptocurrency ecosystem makes its entrance, highlighting the need to have a control layer for the logic and data system of said space, like scarcity and uniqueness, NFTs make their entrance into the scenario.

Convergence Between Many Technologies

Hoskinson kept elaborating on how digital currencies could coexist within the metaverse and the spatial web or Web 3.0, where technologies such as virtual reality, augmented reality, and the Internet of Things (IoT) converge with identity systems and systems related to Blockchain-based privately-owned data.

The founder of Cardano also highlighted that the new generations have a great pedagogical advantage since they have access to video games and other narratives that can invite them to think about concepts in an unconventional way.

By: Jenson Nuñez

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