REVIEW | doi:10.20944/preprints202305.0549.v1
Subject: Business, Economics And Management, Business And Management Keywords: Blockchain; Cryptocurrencies; Bitcoin; Fintech; Metaverse
Online: 9 May 2023 (03:29:29 CEST)
Within financial technology, Blockchain is a topic that is receiving a lot of attention and discussion. There has been a meteoric rise in engagement and recent studies on this technology. The mainframe, personal computers, the Internet, and mobile applications follow the breakthrough in the history of computing. In qualitative research, the investigation was synthesized utilizing the documentary approach, including content analysis for a review article. The results reveal that Blockchain Technology is getting a foothold not only in the financial industries but is also likely to disrupt other areas like healthcare, real estate, the legal industry, security, government, education, rentals and ride-sharing, charities and aid organizations, and politics. Currently, several projects are researching the possibility of implementing the Blockchain as a structure to support them; as a result, we will soon see that it truly becomes the technology of the future. Furthermore, qualitative interviews or focus group discussions could give more insight into details. In addition, a quantitative approach for further research could provide a generalized explanation.
ARTICLE | doi:10.20944/preprints202307.1734.v1
Subject: Business, Economics And Management, Finance Keywords: Decentralized Finance; Finance, Metaverse; DeFi; Financial Innovation
Online: 26 July 2023 (10:21:18 CEST)
This study delves into the integration of Decentralized Finance (DeFi) within metaverses, probing its implications and potential. It elucidates DeFi protocols and the intricacies of metaverses before inspecting their intersection and the resulting economic prospects. The analysis further appraises inherent risks such as financial volatility, security, and regulatory issues. Case studies provide tangible insights into DeFi applications in metaverses. Future trajectories of DeFi in metaverses are projected, underlining the possible impact on the broader financial sector. This paper contributes to burgeoning research at the nexus of blockchain technology, finance, and virtual reality.
ARTICLE | doi:10.20944/preprints202302.0224.v1
Subject: Computer Science And Mathematics, Other Keywords: Metaverse; AR; VR; Digital ownership; Blockchain; NFT.
Online: 14 February 2023 (02:59:00 CET)
The concept of a metaverse, a shared virtual space that brings together the physical and digital worlds, has been a topic of interest for decades. With recent advancements in technology, particularly in virtual reality (VR), augmented reality (AR), and blockchain, the metaverse has become a rapidly evolving and promising ecosystem. This paper provides a review of the metaverse, exploring its history, evolution, and current state of development. The paper delves into the different types of the metaverse, including fully immersive VR metaverses, hybrid metaverses that blend the physical and virtual worlds, and decentralized metaverses that are powered by blockchain. Additionally, the paper examines the impact of web 3.0 on the metaverse, as well as the various technologies used to create and sustain the metaverse, including VR, AR, and blockchain. Furthermore, the paper explores the concept of digital ownership and the potential for marketing and commerce within the metaverse. This paper serves as a review of the metaverse and its various components, providing insights into its history, development, and prospects, and is intended to provide a foundation for further research into this exciting and rapidly evolving ecosystem.
ARTICLE | doi:10.20944/preprints202309.0466.v1
Subject: Business, Economics And Management, Business And Management Keywords: metaverse; corporate digital responsibility; CDR; regulation; digital technologies
Online: 7 September 2023 (11:16:55 CEST)
"Metaverse" as a term came to the fore in 2021 when Facebook rebranded its corporate identity to Meta, and signaled its intention to invest at least $10 billion in developing the concepts and related products that year. However, there is still little consensus in defining what constitutes the metaverse, although there is a widespread, though not universal, agreement that it will bring a wide range of benefits across society. More specifically, the advent, and continuing evolution, of the metaverse has strategic and operational implications for, and impacts on, industry and business at large. Adopting an inductive, interpretivist approach, this exploratory research article presents case examples of the guidance on the responsible development of the metaverse provided by two IT business services companies. The article identifies the major risks and responsibilities associated with the metaverse and assesses how companies might address these responsibilities. Very little research has been published in this area and this article attempts to make a small contribution to filling this gap in the literature. The article finds that responsibilities are largely in line with those currently associated with corporate digital responsibility, and concludes that the strategic impact and extent of regulatory change will depend on the nature of the metaverse that materialises in the forthcoming decade.
ARTICLE | doi:10.20944/preprints202309.1005.v1
Subject: Arts And Humanities, Other Keywords: metaverse environment; auditory presence; AUX evaluation; evaluation questionnaire design; principal component analysis
Online: 15 September 2023 (05:33:24 CEST)
This study aims to develop an auditory experience evaluation questionnaire to improve the presence of metaverse environments, and to derive evaluation components considering auditory presence and auditory user experience (AUX) through a survey. After conducting a survey with a total of 232 participants, five evaluation components were extracted from auditory presence and AUX evaluation factors through principal component analysis (PCA) and reliability analysis (RA): 'realistic auditory background', 'acoustic aesthetics', 'consideration of acoustic control and accessibility', 'auditory utility and minimalist design', and 'auditory consistency'. In particular, although AUX evaluation factors such as 'ease of access to sound control' have limitations in improving the sense of presence, negative factors of presence such as 'distraction due to sound' can be improved by utilizing AUX evaluation factors, so it is judged that the sense of presence in the metaverse environments can be improved by enhancing the auditory sense of presence and AUX evaluation factors according to the composition of the five evaluation components derived in this study. This study can be used as a basis for developing an auditory experience evaluation questionnaire for the metaverse platform, creating sound design guidelines, and identifying sound development priorities.
ARTICLE | doi:10.20944/preprints202306.1941.v1
Subject: Computer Science And Mathematics, Computer Networks And Communications Keywords: metaverse; multiuser ivrtual environments; experience delivery network; content delivery network; cloud edge
Online: 28 June 2023 (03:52:54 CEST)
In the trend of transforming existing systems and services into non-face-to-face models, the concert industry is also showing movements toward transitioning to virtual formats. Physical concerts in the real world require venues that can accommodate hundreds to tens of thousands of spectators, but non-face-to-face methods that can accommodate large audiences face various limitations. Moreover, to elevate the satisfaction level of virtual concert attendees to that of real-world concerts, it's important to implement interaction between performers and audiences. Modern metaverse platforms apply cutting-edge network technologies to accommodate numerous users within a single channel. Many researchers are adopting network technologies such as SDN (Software Defined Networking) and CDN (Content Delivery Network) to set up a virtual concert that can accommodate large audiences. In this paper, we propose a network framework to be designed for the composition of virtual concerts. In particular, we separate a channel dedicated to interaction in order to provide an immersive experience of exchanging interactions between performers and audiences. As massive audiences transmitting interaction data to the performer in a 1:N format can lead to problems with acceptance and latency, this study introduces a concept of a channel form called 'Zone' and proposes an interaction data channel network framework that does not compromise immersion. The proposed framework supports tasks for effectively transmitting interaction data using network technologies for metaverse platforms like XDN and clustering algorithms like fuzzy c-means. We also suggest a CDN-based architecture that can ensure low latency for performers to transmit interaction data to the audience.
REVIEW | doi:10.20944/preprints202205.0114.v1
Subject: Business, Economics And Management, Business And Management Keywords: Blockchain Technology; Industry 4.0; Supply Chain Management; Text mining; Metaverse; Hashgraph, Baas.
Online: 9 May 2022 (10:01:43 CEST)
In the current business environment, firms are eager to adopt new technology as they witness and perceive more and more successful business applications of new technologies, e.g., Big Data, Artificial Intelligence (A.I.), Cloud Computing, etc. As one of the disruptive technologies, Blockchain technology (BCT) is now drawing public attention owing to the cryptocurrency phenomenon (e.g., Bitcoin), for which Blockchain serves as the backbone technology. Given certain innovative features of BCT, especially its transparency, traceability, security, efficiency, confidentiality, and immutability, BCT holds out the promise of impacting supply chain operational and financial efficiencies. Recently, the burgeoning of Metaverse and Non-Fungible Token (NFT) has boosted the BCT as state-of-the-art technology to another notch. Motivated by the proliferating adoption of BCT, we conduct a holistic literature review with a focus on the status of research on BCT in the context of Supply Chain Management (SCM). In particular, this Blockchain-centered research reviews the research up to date on the Blockchain application in SCM. It provides holistic review in terms of (1) the functionality of BCT and its salient features; (2) the prevailing and potential applications of BCT; (3) and the business benefits and impact of BCT in SCM. Finally, we substantiate and highlight a variety of research directions.
REVIEW | doi:10.20944/preprints202308.1872.v1
Subject: Computer Science And Mathematics, Computer Science Keywords: Metaverse; education; Virtual Reality; Augmented Reality; Computer Assisted Learning; User Privacy; Smart Cities
Online: 29 August 2023 (03:23:29 CEST)
Recent digital transformations have significantly impacted the current society, economy, and culture. This includes adoption of rapidly emerging technologies, such as artificial intelligence (AI), immersive technology (e.g., virtual, augmented, mixed and extended reality (VR/AR/MR/XR)), cloud services, and internet of things, in our day-to-day life. `Metaverse’ has emerged as a technology that incorporates many of these transforming technologies to deliver personalised immersive experience related to specific application areas. A potential major beneficiary of Metaverse is the educational ecosystem, where highly immersive learning experiences can be delivered to students, catering to their personal learning needs and train them on life skills such as empathy, ethical qualities, and communication skills. The present-day Metaverse allows physical engagement, enabling users to utilise limb movements to interact with the presented materials. However, ethical concerns and technical limitations impede the widespread implementation of the Metaverse in the real-world. This paper provides a comprehensive survey of the existing literature covering the architecture, type and components of Metaverse, followed by practical aspects of metaverse implementation. The paper is concluded by discussing on the open challenges and issues along with their mitigation strategies and future research directions after the detailed usecase of Metaverse in Education.
ARTICLE | doi:10.20944/preprints202308.0833.v1
Subject: Computer Science And Mathematics, Security Systems Keywords: blockchain technologies; cryptocurrencies; metaverse; decentralised finance (DeFi); crypto regulations; blockchain standards; risk; value
Online: 10 August 2023 (10:54:59 CEST)
This paper contextualises the common queries of "why is crypto crashing?" and "why is crypto down?", the research transcends beyond the frequent market fluctuations to unravel how cryptocurrencies fundamentally work and the step-by-step process on how to create a cryptocurrency. The study examines blockchain technologies and their pivotal role in the evolving Metaverse, shedding light on topics such as how to invest in cryptocurrency, the mechanics behind crypto mining, and strategies to effectively buy and trade cryptocurrencies. Through an interdisciplinary approach, the research transitions from the fundamental principles of fintech investment strategies to the overarching implications of blockchain within the Metaverse. Alongside exploring machine learning potentials in financial sectors and risk assessment methodologies, the study critically assesses whether developed or developing nations are poised to reap greater benefits from these technologies. Moreover, it probes into both enduring and dubious crypto projects, drawing a distinct line between genuine blockchain applications and Ponzi-like schemes. The conclusion resolutely affirms the continuing dominance of blockchain technologies, underlined by a profound exploration of their intrinsic value and a reflective commentary by the author on the potential risks confronting individual investors.
REVIEW | doi:10.20944/preprints202301.0291.v1
Subject: Computer Science And Mathematics, Information Systems Keywords: virtual reality; authoring tools; intuitiveness; digitization; sustainability; user-centered design; human-computer interaction; metaverse
Online: 17 January 2023 (01:41:25 CET)
Virtual reality experiences are frequently created using game engines, yet they are not simple for novices and unskilled professionals who don’t have programming and 3D modeling skills. Concurrently, there is a knowledge gap in software project design for intuitive virtual reality authoring tools, which were supposed to be easier to use. This work compiles design guidelines derived from a systematic literature review to contribute in the development of more intuitive virtual reality authoring tools. We searched the Scopus and Web of Science databases for works published between 2018 and 2021 and discovered 14 papers. We compiled 14 requirement and feature design guidelines, such as Visual Programming, Immersive Authoring, Reutilization, Sharing and Collaboration, Metaphors, and Movement Freedom, among others. The collected guidelines have the potential to either guide the development of new authoring tools or to evaluate the intuitiveness of existing tools. Furthermore, they can also support the development of the metaverse, since virtual content creation is one of its bases.
CASE REPORT | doi:10.20944/preprints202309.1362.v1
Subject: Medicine And Pharmacology, Urology And Nephrology Keywords: Wilms Tumor; nephron‐sparing surgery; robotic surgery; partial nephrectomy; 3D reconstruction; DaVinci; metaverse; 3D virtual models
Online: 20 September 2023 (05:02:48 CEST)
Background: Wilms tumor (WT) is the main renal tumor in children. SIOP-UMBRELLA Guidelines admit Nephron sparing surgery (NSS) in syndromic patients, and in small (<300 ml) nonsyndromic unilateral WTs, without lymph node involvement, and with a substantial expected remnant renal function, after neoadjuvant chemotherapy. We report our prechemotherapy transperitoneal robot-assisted partial nephrectomy (RAPN) in a unilateral non-syndromic Wilms tumor. Methods: A 6-year-old-child showed an exophytic 3.6 cm diameter solid rounding mass involving the upper right renal pole at an incidental abdominal echotomography. CT-scan and abdominal MRI proved no local infiltration neither lymph node involvement was appreciated, suggesting an exophytic mass easily resectable through a NSS robotic approach, with a low risk of rupture and no subverted renal anatomy. The preoperative imaging was not suggestive for WT. A virtual 3D reconstruction of the tumor was performed. Results: the oncologic board approved a robot-assisted partial nephrectomy with the intraperitoneal approach. The histopathologic analysis displayed a WT. The patient underwent 10 vincristine-doses adjuvant chemotherapy. 28-months follow-up showed no tumor recurrence. Conclusions: Intraperitoneal RAPN can represent an opportunity for WT and needs to be assessed as a challenging possibility. This case suggests a potential role of prechemotherapy RAPN in the near future for highly selected patients.
REVIEW | doi:10.20944/preprints202304.0409.v2
Subject: Biology And Life Sciences, Animal Science, Veterinary Science And Zoology Keywords: Animal welfare; Virtual environments; Metaverse; Augmented reality; Precision Livestock Farming; Ethical farming; Sustainability; Livestock; Environmental impact; Digital agriculture
Online: 26 May 2023 (08:22:52 CEST)
The metaverse, a virtual world comprising a collective virtual shared space where users interact with one another through avatars and computer-generated objects, aims to closely mimic our real world by integrating elements of Artificial Intelligence (AI), immersive reality, advanced connectivity, and Web3. As metaverse technologies gain momentum across multiple sectors, including animal farming, their potential for addressing complex challenges such as climate change and sustainability in precision food production systems becomes increasingly apparent. However, it is crucial to consider the ethical implications and the role of sensor data and livestock behavior analysis in developing metaverse technologies for modern animal farming, given the sensitive and controversial nature of animal welfare. Failure to address these ethical considerations and harness the power of sensor data and behavior analysis could lead to a lack of credibility and insensitivity towards adopting metaverse technologies in the animal farming sector. It is essential to ensure that the development of metaverse technologies does not prioritize technology over animal welfare, ethics, socio-economic implications, and the potential for data-driven insights. Addressing diversity and equity in the context of animal farming and the metaverse is crucial to avoid perpetuating existing inequalities during the implementation of metaverse technologies. This groundbreaking paper ventures into unexplored territory, shedding light on the untapped potential of the metaverse for modern animal farming. While research on this topic is still in its infancy, we embark on a journey of visionary speculation, presenting a compelling technology forecast that envisions the extraordinary possibilities awaiting us in the future. By delving into the metaverse's transformative capabilities, we provide a glimpse into a world where animal farming transcends its traditional limitations and embraces a new era of efficiency, sustainability, and ethical practices.
REVIEW | doi:10.20944/preprints202308.0286.v1
Subject: Public Health And Healthcare, Physical Therapy, Sports Therapy And Rehabilitation Keywords: Metaverse; physical disability; cognitive impairment; mental health; virtual reality (VR); augmented reality (AR); mixed reality (MR); internet-of-things (IoT).
Online: 3 August 2023 (05:35:11 CEST)
Despite the proliferation of Blockchain Metaverse projects, the inclusion of physically disabled individuals in the Metaverse remains distant, with limited standards and regulations in place. However, the article proposes a concept of the Metaverse that leverages emerging technologies, such as Virtual and Augmented Reality, and the Internet of Things, to enable greater engagement of disabled creatives. This approach aims to enhance inclusiveness in the Metaverse landscape. Based on the findings, the paper concludes that the active involvement of physically disabled individuals in the design and development of Metaverse platforms is crucial for promoting inclusivity. The proposed framework for accessibility and inclusiveness in Virtual, Augmented, and Mixed realities of decentralised Metaverses provides a basis for the meaningful participation of disabled creatives. The article emphasises the importance of addressing the mechanisms for art production by individuals with disabilities in the emerging Metaverse landscape. Additionally, it highlights the need for further research and collaboration to establish standards and regulations that facilitate the inclusion of physically disabled individuals in Metaverse projects.
ARTICLE | doi:10.20944/preprints202306.0510.v1
Subject: Computer Science And Mathematics, Computer Science Keywords: Metaverse; Key Characteristics; Theoretical Framework; Digitalization of Assets; Governance by Law; Combination of Virtual and Real; Rule of Technological Association
Online: 7 June 2023 (08:17:38 CEST)
This study delves into the essential characteristics of the Metaverse and its impact on the real world. The Metaverse, a parallel universe composed of countless 3D virtual worlds, has become a hot topic in technology. With the development of advanced technologies such as Virtual Reality (VR), Augmented Reality (AR), blockchain, and Artificial Intelligence, the Metaverse is gradually changing people's lifestyles and work methods, expanding the boundaries of the digital economy. This study profoundly investigates the attributes of the Metaverse, such as asset digitization, application scenario-based, scope economy, industry universality, integrated innovation, and the platform ecosystem. Additionally, we propose a theoretical framework to aid in understanding and shaping this emerging field. We conducted a thorough study and analysis of a specific case, explored the key features of the Metaverse, unveiled the profound impact of Metaverse characteristics on social and economic development, and verified our theoretical framework with this case. This research provides new perspectives and methods for academic studies and offers robust support and guidance for practical applications and decision-making.
ARTICLE | doi:10.20944/preprints202205.0223.v1
Subject: Engineering, Control And Systems Engineering Keywords: digitization; virtualization; digital twin; blockchain; crowdsourcing; decentralization; non-fungible token; NFT; smart contract; oracle; tokenization; digital ownership; consensus; governance; trust; incentivization; staking; reputation systems; reproducibility crisis; exponentiality; digital twin; metaverse; DeSci; decentralized science; citizen science; open science; distributed ledger; digital scarcity
Online: 17 May 2022 (05:50:03 CEST)
Fundamental science and applied research and technology development (RTD) are facing significant challenges that particularly compound to the notorious credibility, reproducibility, funding and sustainability crises. The underlying, serious shortcomings are substantially amplified by a metrics-obsessed publication culture, and a growing cohort of academics fishing for fairly stagnant (public) funding budgets. This work presents, for the first time, a groundbreaking strategy to successfully address these severe issues; the novel strategy proposed here leverages the distributed ledger technology (DLT) “blockchain” to capitalize on cryptoeconomic mechanisms, such as tokenization, consensus, crowdsourcing, smart contracts, reputation systems as well as staking, reward and slashing mechanisms. This powerful toolbox, which is so far widely unfamiliar to traditional scientific and RTD communities (“TradSci”), is synergistically combined with the exponentially growing computing capabilities for virtualizing experiments through digital twin methods in a future scientific “metaverse”. Project contributions, such as hypotheses, methods, experimental data, modelling, simulation, assessment, predictions and directions are crowdsourced using blockchain, and captured by so-called non-fungible tokens (“NFTs”). The so enabled, highly integrative approach, termed decentralized science (“DeSci”), is destined to move research out of its present silos, and to markedly enhance quality, credibility, efficiency, transparency, inclusiveness, sustainability, impact, and sustainability of a wide spectrum of academic and commercial research initiatives.