The military is one of the few low-profile investors in the metaverse. Keeping up with the latest technology is a necessity for the armed forces to stay in top shape. In addition, armed forces around the world rely on simulations to train their personnel. Because the metaverse will create realistic simulations, it is only natural for the military industry to take advantage of it.
Optimus System was one of the first companies to jump on board. Their company develops and supplies military training simulators. DEIMOS, their new metaverse technology, is preparing to enter the global market. Their system creates military training environments like precision shooting, tactical behavior training, and observation training. Optimus System CEO Nam-Hyuk Kim said: “We plan to expand the development of scientific products to implement more effective, real war-like training systems based on the technologies of the fourth industrial revolution. Our company will lead the global Metaverse market with new ideas and
differentiated technologies.”
Military war games and training cost organizations like NATO billions of dollars every year. With the help of metaverse technologies, not only would they be able to reduce their budget, but they could also create highly realistic training scenarios without endangering personnel.
E-commerce
Web 2.0 has made e-commerce a part of our everyday lives. Numerous business owners transitioned to digital, and countless others developed lucrative side businesses via ecommerce stores. Online deliveries have become the norm and kept the world going during the Covid-19 pandemic.
We can expect our online shopping habits to evolve with the arrival of the metaverse. The stores can create their own metaverses or come together to create virtual shopping malls. We can walk into these stores and check out the real size, color, and fit before we make the purchase.
On the other side of the metaverse, shopping will take place in the virtual reality economies themselves. Virtual land, tokens, and other goods unique to each metaverse will be available to us with cryptocurrencies. Currency for a metaverse can be Bitcoin, altcoins, or a completely original token.
Whatever the case may be, the metaverse will have a business opportunity in e-commerce. By deciding on the type of products you want to sell early on, you will have the opportunity to be among the first to enter the market. So, if you have an original idea or product, you should consider patenting it.