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Metaverse is transforming real estate and urban governance in India

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Metaverse is transforming real estate and urban governance in India

Source: news.google.com

2022 was the year the metaverse emerged as an upward trend. In a nutshell, we already live in a two-dimensional metaverse, navigating digital maps, conducting digital transactions, authenticating via OTPs (one-time passwords), and making critical decisions based on metadata. Web 3.0 adds another facet to the Internet: the third dimension. Just as businesses moved online 20 years ago, we too are ready to jump into the metaverse and engage in similar ways.

Data centers in India are becoming recognized as a distinct asset class. Indian companies and professionals are already working on back-end technologies, namely NFTs (non-fungible tokens), cryptography, tokenization, artificial intelligence, IoT, digital twins, phygital (physical plus digital), 5G and more. Central India…

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