Fun

Meta, Microsoft, and Others Launch Metaverse Standards Group

News Feed - 2022-06-23 08:06:56

Meta, Microsoft, and Others Launch Metaverse Standards Group


Meta, Microsoft, and 31 more companies have united to form an organization to promote the creation of open standards regarding metaverse tech. The institution, named the Metaverse Standards Forum, will focus on establishing standards to make each one of the metaverses on the internet interoperable, which would ideally permit these worlds to communicate. The Metaverse Standard Forum Is Born


While the metaverse is a loose concept that each company interprets and builds according to its own will, some think it is important to connect these individual worlds. This is why Meta, Microsoft, and other companies like Epic games, have gathered together to found the Metaverse Standards Forum, an organization created to promote the interoperability of these metaverses.


According to the launch PR statement:


[The body] will focus on pragmatic, action-based projects such as implementation prototyping, hackathons, plugfests, and open-source tooling to accelerate the testing and adoption of metaverse standards, while also developing consistent terminology and deployment guidelines.


The forum will not create standards by itself. The organization will act as a hub for the amalgamation of different Standards Developing Organizations (SDOs) in fields including VR, graphics, and interactions, among others.


The creation of such a group is seen by some as a statement about the consensus in these companies on the importance of creating open standards for the metaverse concept. About this, Neil Trevett, president of Khronos, an organization that is part of the group, stated:


The metaverse will bring together diverse technologies, requiring a constellation of interoperability standards, created and maintained by many standards organizations. Some Important Absences


While the group states that it is an open organization, available for all interested groups free of charge, there are some big names that have not appeared in the group. Apple, one of the biggest tech companies in the world with an interest in VR and AR (augmented reality) technology, has still not joined the forum. Other significant gaming-based metaverses, like Roblox, have yet to join.


According to some experts, this shows that even with an organization promoting standards on the subject, the standardization of the metaverse, or the group of worlds composing the metaverse, will be a tough task given the diversity of companies that are building platforms oriented towards it. Tags in this story AR, Meta, Metaverse, Microsoft, Standards, VR


What do you think about the creation of the first standardization group for the metaverse? Tell us in the comments section below. Sergio Goschenko


Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved. Study: Today"s Metaverse Still Not Suited for Remote Work METAVERSE | 3 days ago Meta Launches Metaverse Digital Clothing Store METAVERSE | 4 days ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleRussia to Trial Digital Ruble Settlements for Real Estate Deals Next articleBitcoin, Ethereum Technical Analysis: Bullish Sentiment Returns to BTC Following Yesterday’s Sell-Off Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItFidelity Investments Launches Crypto, Metaverse ETFs — Says "We Continue to See Demand"


Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. "We continue to see demand, particularly from young investors, for access ... read more.Argentinian Securities Regulator Launches Innovation Hub to Discuss Regulated Crypto Investments Privacy-Centric Monero Plans for July Hard Fork, Plans Include Ring Signature, Bulletproof Upgrade Economist Predicts the Fed"s Response to Inflation Will Push Crypto Higher Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/s With Custom 5nm Chip Design

News Feed

Permissionless Software Foundation Aims to Foster Open-Source Software With Bitcoin Cash
Permissionless Software Foundation Aims to Foster Open-Source Software With Bitcoin CashJust recently, Bitcoin Cash proponents were introduced to a new foundation called the “
Australian MP says the country needs blockchain ‘more than ever’
Brayden Lindrea5 hours agoAustralian MP says the country needs blockchain ‘more than ever’Australian Parliament Member Andrew Charlton said blockchain technology could add $60 billion to the economy and reverse stagn
Lawmaker Presents Bill to Regulate Cryptocurrencies in Panama
Lawmaker Presents Bill to Regulate Cryptocurrencies in Panama A Panamanian lawmaker has introduced a bill to regulate cryptocurrencies in the National Assembly. Among the proposals
Picpay to Offer Cryptocurrency Services in Brazil to More Than 60 Million Customers
Picpay to Offer Cryptocurrency Services in Brazil to More Than 60 Million Customers Picpay, one of the most popular payments fintech companies in Brazil, has announced that it will
US Consumer Crypto Survey: Almost 50% Invested in Cryptocurrencies This Year
US Consumer Crypto Survey: Almost 50% Invested in Cryptocurrencies This Year A crypto survey of U.S. consumers, commissioned by regulated crypto platform Bakkt, shows that nearly h
Bank Buys Bitcoin in Kazakhstan, Country to Develop Crypto Exchange
Bank Buys Bitcoin in Kazakhstan, Country to Develop Crypto Exchange A financial institution and a coin trading platform in Kazakhstan have teamed up to carry out what they say is t
Galaxy Digital Acquires 2 Crypto Firms, Sees Big Wave of Institutional Demand for Bitcoin
Galaxy Digital Acquires 2 Crypto Firms, Sees Big Wave of Institutional Demand for Bitcoin Bitcoin Bull Michael Novogratz’s company, Galaxy Digital, has acq
Ray Salmond3 hours agoCrypto traders are looking at Dogecoin (DOGE) again — Here’s whyDOGE flashes a rarely seen technical signal that has historically been followed by a parabolic rally.1330 Total views4 Total share
India demands $86M from Binance in unpaid GST taxes
Arijit Sarkar48 minutes agoIndia demands $86M from Binance in unpaid GST taxesBinance faces a demand for nearly $86 million in unpaid GST from Indian authorities, aiming to resume operations after a previous ban.433 Tota
SBF maintains his innocence as he trades rice in jail
Jesse Coghlan2 hours agoSBF maintains his innocence as he trades rice in jailFTX co-founder Sam Bankman-Fried gave his first in-person media interview since being locked up, saying he’s gotten “good at faking” that
Gas-to-Bitcoin Mining Firm Crusoe Energy Systems Raises $505 Million
Gas-to-Bitcoin Mining Firm Crusoe Energy Systems Raises $505 Million On Thursday, the bitcoin mining and flare gas mitigation firm Crusoe Energy Systems Inc. revealed it secured $5
Nigeria Foreign Exchange Crisis: Worsening US Dollar Shortages Point to Further Devaluation
Nigeria Foreign Exchange Crisis: Worsening US Dollar Shortages Point to Further DevaluationPressure on Nigeria’s current exchange rate is likely to get worse in 2021, when the