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Businesses have Countless Opportunities for Web3 Disruption

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The convergence of smart technologies, including extended reality (XR), the internet of things (IoT), 5G, and machine learning, brings together contextual real-time 3D (RT3D) information in new ways.

During a chat for the first ever XR Summit, the CEO and Co-Founder of Poplar Studios, David Rippert and Connor Borrego, Founder and Chief Product Officer, UniPro, explored the ways that immersive smart solutions could disrupt industry verticals.

Web3: Disrupting the Future

Looking toward the future, Rippert considers that shortly, individuals may live in smart cities, where wearing smart glasses will present contextual augmented or virtual reality (AR/VR) information. He added that this would be very useful to consumers in smart urban cities.

Enterprises are already using Web3 solutions, and Rippert explained how businesses could preview 3D design work on urban planning and smart cities using digital twins.

The CEO also explained how surveying firms could create rich 3D data of existing cities using drone footage and other geographic information systems (GIS) data.

Rippert added that surveying firms could plug in application programme interfaces (APIs) to get real-time information and metrics of what’s happening in the city. Then groups can make decisions through XR headsets and other types of technologies.

  • David Rippert and Conor Borrego are speaking at the first-ever XR Summit on September 22 to discuss Web3 – The New Internet Age.

Additionally, Rippert added that many verticals are adopting smart technologies today, including manufacturing or industrial settings for remote guidance, international surgeons using XR to collaborate, and the tourism sector, where countless opportunities exist for Metaverse services.

Web3 Composability

Speaking on the coverage of Web3 technologies, Borrego explained how the backbone of Web3 solutions and the Metaverse relies on composability.

He said that firms and individuals should treat Web3 information considering its inoperability towards its chosen blockchain or internet system. Inoperable Web3 information enables users to take their Web3 information and move it between different Metaverse environments.

  • David Rippert and Conor Borrego are speaking at the first-ever XR Summit on September 22 to discuss Web3 – The New Internet Age.

Borrego also explained that social media presents rich data models and composability standards that support Web3 software systems and business intelligence systems.

He added,

“Models are already really well understood and primed for the sort of open source composability data standards that are going to be emerging to support that 2030 vision of this immersive AR, and VR in a world that we could potentially be living in”

The inaugural XR Summit will take place from 20 to 22 September, and joining the event will be numerous XR representatives speaking at roundtables on emerging technology and XR trends such as NFTs, immersive collaboration, and industry 4.0.

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